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REGISTERED NUMBER: 14664592 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 JANUARY 2024 TO 30 NOVEMBER 2024

FOR

WEDNESBURY HEALTHCARE LTD

WEDNESBURY HEALTHCARE LTD (REGISTERED NUMBER: 14664592)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2024 TO 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WEDNESBURY HEALTHCARE LTD

COMPANY INFORMATION
FOR THE PERIOD 1 JANUARY 2024 TO 30 NOVEMBER 2024







DIRECTORS: S Gill
S S Gill
Mrs M K Gill





REGISTERED OFFICE: 1&2 Mercia Village Torwood Close
Westwood Business Park
Coventry
CV4 8HX





REGISTERED NUMBER: 14664592 (England and Wales)





ACCOUNTANTS: Armstrongs
Chartered Accountants and Tax Advisers
1 & 2 Mercia Village
Torwood Close
Westwood Business Park
Coventry
West Midlands
CV4 8HX

WEDNESBURY HEALTHCARE LTD (REGISTERED NUMBER: 14664592)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 791 -

CURRENT ASSETS
Stocks 51,250 -
Debtors 5 224,870 100
Cash at bank 30,354 -
306,474 100
CREDITORS
Amounts falling due within one year 6 306,365 180
NET CURRENT ASSETS/(LIABILITIES) 109 (80 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

900

(80

)

PROVISIONS FOR LIABILITIES 198 -
NET ASSETS/(LIABILITIES) 702 (80 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 602 (180 )
702 (80 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

WEDNESBURY HEALTHCARE LTD (REGISTERED NUMBER: 14664592)

BALANCE SHEET - continued
30 NOVEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2025 and were signed on its behalf by:





S Gill - Director


WEDNESBURY HEALTHCARE LTD (REGISTERED NUMBER: 14664592)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2024 TO 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Wednesbury Healthcare Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover from the sale of pharmaceutical goods is recognised when significant risks and rewards of ownership of the goods have transferred to buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on collection by the customer of pharmaceutical goods sold.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

WEDNESBURY HEALTHCARE LTD (REGISTERED NUMBER: 14664592)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2024 TO 30 NOVEMBER 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 1,180
At 30 November 2024 1,180
DEPRECIATION
Charge for period 389
At 30 November 2024 389
NET BOOK VALUE
At 30 November 2024 791

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 128,940 -
Amounts owed by group undertakings 83,000 -
Other debtors 12,930 100
224,870 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 46,305 -
Amounts owed to group undertakings 254,229 -
Taxation and social security 2 -
Other creditors 5,829 180
306,365 180

WEDNESBURY HEALTHCARE LTD (REGISTERED NUMBER: 14664592)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2024 TO 30 NOVEMBER 2024

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 12,000 -
Between one and five years 60,000 -
In more than five years 39,000 -
111,000 -

8. SECURED DEBTS

Barclays Security Trustee Limited holds fixed and floating charges over the undertaking and all property and assets present and future, including goodwill, uncalled capital, buildings, fixtures, fixed plant & machinery dated 19 December 2023.