Advance Healthcare Logistics Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07374190

Advance Healthcare Logistics Limited

Filleted Unaudited Financial Statements

28 February 2025

Advance Healthcare Logistics Limited

Financial Statements

Year ended 28 February 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

Advance Healthcare Logistics Limited

Statement of Financial Position

28 February 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		36,811	43,378

Current assets

Debtors	6	10,441	10,441
Cash at bank and in hand		93,951	96,836
		---------	---------
		104,392	107,277

Creditors: amounts falling due within one year	7	7,879		21,764
		---------		---------
Net current assets			96,513	85,513
			---------	---------
Total assets less current liabilities			133,324	128,891
			---------	---------
Net assets			133,324	128,891
			---------	---------

Capital and reserves

Called up share capital	3	3
Profit and loss account	133,321	128,888
	---------	---------
Shareholders funds	133,324	128,891
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 26 September 2025 , and are signed on behalf of the board by:

Mrs J P Emery

Director

Company registration number: 07374190

Advance Healthcare Logistics Limited

Notes to the Financial Statements

Year ended 28 February 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20 Miners Way Business Park, Ackholt Road, Aylesham, Canterbury, Kent, CT3 3AW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

Income tax

The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% straight line
Motor vehicles	-	20% straight line
Equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2024: 4 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 March 2024	12,911	15,858	44,990	73,759
Additions	–	–	9,233	9,233
	--------	--------	--------	--------
At 28 February 2025	12,911	15,858	54,223	82,992
	--------	--------	--------	--------
Depreciation
At 1 March 2024	12,911	8,627	8,843	30,381
Charge for the year	–	3,338	12,462	15,800
	--------	--------	--------	--------
At 28 February 2025	12,911	11,965	21,305	46,181
	--------	--------	--------	--------
Carrying amount
At 28 February 2025	–	3,893	32,918	36,811
	--------	--------	--------	--------
At 29 February 2024	–	7,231	36,147	43,378
	--------	--------	--------	--------

6. Debtors

	2025	2024
	£	£
Other debtors	10,441	10,441
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	2,580	13,065
Other creditors	5,299	8,699
	-------	--------
	7,879	21,764
	-------	--------

8. Related party transactions

At the year end the company was owed £7,086 (2024: £7,086) by a company associated by common control.