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Company Registration No. 15582178 (England and Wales)
Cardinal Healthcare Property Development Ltd Unaudited accounts for the year ended 30 June 2025
Cardinal Healthcare Property Development Ltd Unaudited accounts Contents
Page
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Cardinal Healthcare Property Development Ltd Company Information for the year ended 30 June 2025
Director
A M Fariburn
Company Number
15582178 (England and Wales)
Registered Office
72a Canterbury Street Cambridge Cambridgeshire CB4 3QF England
Accountants
Accountancy Plus & Payroll People Ltd 9 Langley Street Langley Norwich Norfolk NR14 6DE
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Cardinal Healthcare Property Development Ltd Statement of financial position as at 30 June 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
1 
Investments
75 
100 
75 
101 
Current assets
Inventories
370,623 
181,883 
Debtors
1,100 
- 
Cash at bank and in hand
4,537 
196 
376,260 
182,079 
Creditors: amounts falling due within one year
(1,000)
(1,001)
Net current assets
375,260 
181,078 
Total assets less current liabilities
375,335 
181,179 
Creditors: amounts falling due after more than one year
(346,202)
(181,979)
Net assets/(liabilities)
29,133 
(800)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
29,033 
(900)
Shareholders' funds
29,133 
(800)
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 August 2025 and were signed on its behalf by
A M Fariburn Director Company Registration No. 15582178
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Cardinal Healthcare Property Development Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Cardinal Healthcare Property Development Ltd is a private company, limited by shares, registered in England and Wales, registration number 15582178. The registered office is 72a Canterbury Street, Cambridge, Cambridgeshire, CB4 3QF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The Directors have considered the Company's position at the time of signing of the financial statements, and based on this, the Directors have concluded that they have a reasonable expectation the Company will have adequate resources to continue in operation existence for the foreseeable future and there therefore continue to adopt the going concern basis of the accounting in preparing thee financial statements.
Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loan to related parties and investments in ordinary shares.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Cash & cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable within penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible know amounts of cash with insignificant risk of change in value.
Creditors
Short term creditors are measured at transaction price. Other financial liabilities, including bank loans are measured initially at fair value, net of transactions costs, and are measure subsequently at amortised cost using the effective interest method.
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Cardinal Healthcare Property Development Ltd Notes to the Accounts for the year ended 30 June 2025
4
Intangible fixed assets
Other 
£ 
Cost
At 1 July 2024
1 
Revaluations
(1)
At 30 June 2025
- 
Amortisation
At 1 July 2024
- 
At 30 June 2025
- 
Net book value
At 30 June 2025
- 
At 30 June 2024
1 
The intangible asset represented the option to acquire land. this acquisition took place in the period.
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 July 2024
100 
Disposals
(25)
Valuation at 30 June 2025
75 
The investment in the year represents the 75% shareholding in the subsidiary and as such is shown at cost; Cardinal Healthcare Property Ltd - £75
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
350 
- 
Amounts falling due after more than one year
Other debtors
750 
- 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Loans from directors
100 
101 
Accruals
900 
900 
1,000 
1,001 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Amounts owed to group undertakings and other participating interests
346,202 
181,979 
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Cardinal Healthcare Property Development Ltd Notes to the Accounts for the year ended 30 June 2025
9
Transactions with related parties
The company has taken advantage of the exemption in Section 33 of Financial Reporting Standard 102 from the requirement to disclose transactions with wholly owned companies within the group.
10
Controlling party
The ultimate parent company is Cardinal Healthcare Group Ltd (15570716). The registered office is 72a Canterbury Street, Cambridge, England, CB4 3QF.
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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