REGISTERED NUMBER: 06824597 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

STOURPORT HEALTHCARE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J Falconer

M Eshak

Mrs N Afroz

K Ayub

SECRETARY:

M J Falconer

REGISTERED OFFICE:

2 Cedargrove

Hagley

Stourbridge

West Midlands

DY9 0DR

REGISTERED NUMBER:

06824597 (England and Wales)

ACCOUNTANTS:

Ashcrofts Accountants Limited

2 Cedargrove

Hagley

Stourbridge

West Midlands

DY9 0DR

BANKERS:

National Westminster Bank plc

30a Harborne Road

Edgbaston

Birmingham

B15 3AA

FIXED ASSETS

Intangible assets

4

5,958

7,333

Tangible assets

5

178,184

207,401

184,142

214,734

CURRENT ASSETS

Stocks

6

66,639

51,341

Debtors

7

305,966

287,939

Cash at bank and in hand

282,990

206,069

655,595

545,349

CREDITORS

Amounts falling due within one year

8

(424,108

)

(353,876

)

NET CURRENT ASSETS

231,487

191,473

TOTAL ASSETS LESS CURRENT LIABILITIES

415,629

406,207

PROVISIONS FOR LIABILITIES

10

(27,463

)

(34,142

)

NET ASSETS

388,166

372,065

CAPITAL AND RESERVES

Called up share capital

11

300

300

Retained earnings

12

387,866

371,765

SHAREHOLDERS' FUNDS

388,166

372,065

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

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 15 October 2025 and were signed on its behalf by:

M J Falconer - Director

M Eshak - Director

1.	STATUTORY INFORMATION

Stourport Healthcare Limited 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures, fittings & equipment

-

20% on reducing balance

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 year 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 year 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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2024

and 28 February 2025

27,500

AMORTISATION

At 1 March 2024

20,167

Amortisation for year

1,375

At 28 February 2025

21,542

NET BOOK VALUE

At 28 February 2025

5,958

At 29 February 2024

7,333

5.	TANGIBLE FIXED ASSETS

Fixtures,

Long

fittings

leasehold

& equipment

Totals

£

£

£

COST

At 1 March 2024

75,000

216,908

291,908

Additions

-

659

659

At 28 February 2025

75,000

217,567

292,567

DEPRECIATION

At 1 March 2024

4,167

80,340

84,507

Charge for year

2,500

27,376

29,876

At 28 February 2025

6,667

107,716

114,383

NET BOOK VALUE

At 28 February 2025

68,333

109,851

178,184

At 29 February 2024

70,833

136,568

207,401

6.

STOCKS

2025

2024

£

£

Stocks

66,639

51,341

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

228,820

207,420

VAT

71,062

74,605

Prepayments and accrued income

6,084

5,914

305,966

287,939

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

365,416

339,974

Corporation tax

51,351

4,125

Social security and other taxes

2,708

5,240

Other creditors

1,063

1,036

Directors' loan accounts

1,389

1,391

Accruals and deferred income

2,181

2,110

424,108

353,876

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Between one and five years

7,269

10,660

In more than five years

50,000

50,000

57,269

60,660

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

27,463

34,142

Deferred

tax

£

Balance at 1 March 2024

34,142

Credited during the year

(6,679

)

Balance at 28 February 2025

27,463

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

200

Ordinary

£1

200

200

100

Associate 'A' Ordinary

£1

100

100

300

300

12.

RESERVES

Retained

earnings

£

At 1 March 2024

371,765

Profit for the year

135,581

Dividends

(119,480

)

At 28 February 2025

387,866

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 28 February 2024 there was a loan from Mr M J Falconer of £1,389 (2024: £1,391). This unsecured loan is interest free and repayable on demand.