Company Registration No. 3981641 (England and Wales)
Woodend Healthcare Limited
Unaudited accounts
for the year ended 31 March 2025
Woodend Healthcare Limited
Unaudited accounts
Contents
Woodend Healthcare Limited
Statement of financial position
as at 31 March 2025
Tangible assets
365,820
532,574
Investment property
569,336
-
Inventories
270,216
307,240
Debtors
1,377,539
1,448,235
Cash at bank and in hand
1,460
-
Creditors: amounts falling due within one year
(946,192)
(1,643,119)
Net current assets
703,023
112,356
Total assets less current liabilities
1,638,180
644,931
Creditors: amounts falling due after more than one year
(311,428)
(180,226)
Net assets
1,326,752
464,705
Called up share capital
100
100
Profit and loss account
1,326,652
464,605
Shareholders' funds
1,326,752
464,705
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by
M S Dobb
Director
Company Registration No. 3981641
Woodend Healthcare Limited
Notes to the Accounts
for the year ended 31 March 2025
Woodend Healthcare Limited is a private company, limited by shares, registered in England and Wales, registration number 3981641. The registered office is 103 WOODEND ROAD, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B24 8NT.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% on straight line basis
Motor vehicles
20% on the reducing balance
Fixtures & fittings
10% on the reducing balance
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Woodend Healthcare Limited
Notes to the Accounts
for the year ended 31 March 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Intangible fixed assets
Goodwill
At 31 March 2025
2,367,475
At 31 March 2025
2,367,475
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
660,601
34,487
334,760
1,029,848
Disposals
(232,500)
-
-
(232,500)
At 31 March 2025
428,101
34,487
334,760
797,348
At 1 April 2024
214,498
27,031
255,745
497,274
Charge for the year
8,562
1,491
7,901
17,954
On disposals
(83,700)
-
-
(83,700)
At 31 March 2025
139,360
28,522
263,646
431,528
At 31 March 2025
288,741
5,965
71,114
365,820
At 31 March 2024
446,103
7,456
79,015
532,574
Woodend Healthcare Limited
Notes to the Accounts
for the year ended 31 March 2025
7
Investments
Subsidiary undertakings
Valuation at 1 April 2024
1
Valuation at 31 March 2025
1
The company owns 100% of the ordinary share capital of Ossett Pharmacy Limited. The company made a profit of £ 40348 during the year. The company's Capital and Reserves at the year end amounted to £ (775879).
Amounts falling due within one year
Trade debtors
404,015
427,390
Amounts due from group undertakings etc.
869,478
890,343
Other debtors
80,000
80,000
9
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
265,078
746,730
Trade creditors
451,367
517,440
Taxes and social security
14,947
14,349
Other creditors
84,800
189,600
Loans from directors
130,000
175,000
10
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
311,428
180,226
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Woodend Healthcare Limited
Notes to the Accounts
for the year ended 31 March 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
170,000
-
40,000
130,000
Directors loan Account
5,000
-
5,000
-
13
Average number of employees
During the year the average number of employees was 31 (2024: 40).