Sanctum Healthcare Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11265019

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		20,894		40,143
Investments	5		4,282		4,748

			25,176		44,891
CURRENT ASSETS
Debtors	6	81,295		64,917
Cash at bank and in hand		4,072		64,916

		85,367		129,833
Creditors: Amounts Falling Due Within One Year	7	(233,743 )		(156,856 )

NET CURRENT ASSETS (LIABILITIES)			(148,376 )		(27,023 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(123,200 )		17,868

PROVISIONS FOR LIABILITIES
Deferred Taxation			-		(10,036 )

NET (LIABILITIES)/ASSETS			(123,200 )		7,832

CAPITAL AND RESERVES
Called up share capital	8		10		10
Profit and Loss Account			(123,210 )		7,822

SHAREHOLDERS' FUNDS			(123,200)		7,832

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Sanctum Healthcare Limited

Balance Sheet (continued)

As At 30 August 2024

For the year ending 30 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Dr A Raffi

Director

11 November 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Sanctum Healthcare Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11265019 . The registered office is No 3 The Beeches, Beech Lane, Wilmslow, Cheshire, SK9 5ER.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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.

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'.

2.2. Going Concern Disclosure

The company is able to meet its day to day working capital requirements through the support of its director. Therefore, the director considers it appropriate to prepare the financial statements on the going concern basis.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

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 is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures and fittings	20% straight line
Computer equipment	33% straight line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.6. Taxation

The taxation expense represents the aggregate amount of current and deferred 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.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

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Sanctum Healthcare Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 August 2024

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2023: 9)

4. Tangible Assets

	Fixtures and fittings	Computer equipment	Total
	£	£	£
Cost
As at 31 August 2023	84,009	41,068	125,077
Additions	-	779	779

As at 30 August 2024	84,009	41,847	125,856

Depreciation
As at 31 August 2023	49,036	35,898	84,934
Provided during the period	16,802	3,226	20,028

As at 30 August 2024	65,838	39,124	104,962

Net Book Value
As at 30 August 2024	18,171	2,723	20,894

As at 31 August 2023	34,973	5,170	40,143

5. Investments

	Unlisted
	£
Cost
As at 31 August 2023	4,748
Revaluations	(466 )

As at 30 August 2024	4,282

Provision
As at 31 August 2023	-

As at 30 August 2024	-

Net Book Value
As at 30 August 2024	4,282

As at 31 August 2023	4,748

The valuation at 30 August 2024 is represented by a professional valuation undertaken during 2024, which determined the value to be £4,281.

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	-	200
Other debtors	81,295	64,717

	81,295	64,917

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Sanctum Healthcare Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 August 2024

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Bank loans and overdrafts	13,135	-
Corporation tax	(9,692 )	(3,769 )
Other taxes and social security	76,822	27,978
Other creditors	101,393	128,245
Accruals and deferred income	2,400	4,305
Director's loan account	49,685	97

	233,743	156,856

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	10	10

9. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2024	2023
	£	£
Not later than one year	51,982	-
Later than one year and not later than five years	95,597	-

	147,579	-

10. Related Party Transactions

During the period the director introduced capital of £139,352 (2023: £295,930) and withdrew amounts of £89,765 (2023: £239,071). At the balance sheet date the amounts owed to the director totalled £49,685 (2023: £97).

During the period a company of which the director controls was loaned £27,000 and repaid £46,200. At the balance sheet date the amounts owed from the connected company totalled £35,767 (2023: £54,967).

No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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