1 November 2024 false Taxfiler 2024.6 09266552 business:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 09266552 2024-10-31 09266552 2024-11-01 2025-10-31 09266552 business:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 09266552 business:FilletedAccounts 2024-11-01 2025-10-31 09266552 2025-10-31 09266552 business:Director1 2024-11-01 2025-10-31 09266552 business:CompanySecretary1 2024-11-01 2025-10-31 09266552 business:RegisteredOffice 2024-11-01 2025-10-31 09266552 2024-10-31 09266552 core:WithinOneYear 2025-10-31 09266552 core:WithinOneYear 2024-10-31 09266552 core:AfterOneYear 2025-10-31 09266552 core:AfterOneYear 2024-10-31 09266552 core:ShareCapital core:PreviouslyStatedAmount 2025-10-31 09266552 core:ShareCapital core:PreviouslyStatedAmount 2024-10-31 09266552 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-10-31 09266552 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-10-31 09266552 core:PreviouslyStatedAmount 2025-10-31 09266552 core:PreviouslyStatedAmount 2024-10-31 09266552 business:SmallEntities 2024-11-01 2025-10-31 09266552 countries:EnglandWales 2024-11-01 2025-10-31 09266552 core:MotorVehicles 2024-11-01 2025-10-31 09266552 core:FurnitureFittings 2024-11-01 2025-10-31 09266552 core:ComputerEquipment 2024-11-01 2025-10-31 09266552 core:LandBuildings 2024-10-31 09266552 core:PlantMachinery 2024-10-31 09266552 core:MotorVehicles 2024-10-31 09266552 core:FurnitureFittings 2024-10-31 09266552 core:ComputerEquipment 2024-10-31 09266552 core:LandBuildings 2024-11-01 2025-10-31 09266552 core:PlantMachinery 2024-11-01 2025-10-31 09266552 core:LandBuildings 2025-10-31 09266552 core:PlantMachinery 2025-10-31 09266552 core:MotorVehicles 2025-10-31 09266552 core:FurnitureFittings 2025-10-31 09266552 core:ComputerEquipment 2025-10-31 09266552 business:OrdinaryShareClass1 2024-11-01 2025-10-31 09266552 business:OrdinaryShareClass1 2023-11-01 2024-10-31 09266552 2023-11-01 2024-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09266552 (England and Wales)
Gian Healthcare Ltd Unaudited accounts for the year ended 31 October 2025
Gian Healthcare Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Gian Healthcare Ltd Company Information for the year ended 31 October 2025
Director
B. Kwangwari
Secretary
M. Kwangwari
Company Number
09266552 (England and Wales)
Registered Office
173-191 Wellington Road North Stockport Cheshire SK1 3UA United Kingdom
Accountants
Townley & Co Limited Warrington Business Centre 67 Bewsey Street Warrington WA2 7JQ
- 3 -
Gian Healthcare Ltd Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,039,484
781,785
Current assets
Debtors
5
115,379
52,000
Cash at bank and in hand
150,660
320,022
266,039
372,022
Creditors: amounts falling due within one year
6
(126,980)
(161,312)
Net current assets
139,059
210,710
Total assets less current liabilities
1,178,543
992,495
Creditors: amounts falling due after more than one year
7
-
(5,000)
Net assets
1,178,543
987,495
Capital and reserves
Called up share capital
8
1
1
Profit and loss account
1,178,542
987,494
Shareholders' funds
1,178,543
987,495
For the year ending 31 October 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 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 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 and authorised for issue on 19 November 2025 and were signed on its behalf by
B. Kwangwari Director Company Registration No. 09266552
- 4 -
Gian Healthcare Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Gian Healthcare Ltd is a private company, limited by shares, registered in England and Wales, registration number 09266552. The registered office is 173-191 Wellington Road North, Stockport, Cheshire, SK1 3UA, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing balance basis
Fixtures & fittings
25% Reducing balance basis
Computer equipment
33% Straight line basis
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
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.
- 5 -
Gian Healthcare Ltd Notes to the Accounts for the year ended 31 October 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 November 2024
541,113
15,533
246,705
102,806
61,148
967,305
Additions
209,760
-
190,501
9,692
11,182
421,135
Disposals
-
-
(80,301)
-
-
(80,301)
At 31 October 2025
750,873
15,533
356,905
112,498
72,330
1,308,139
Depreciation
At 1 November 2024
10,584
10,618
58,588
56,229
49,501
185,520
Charge for the year
2,646
1,229
79,561
14,067
5,707
103,210
On disposals
-
-
(20,075)
-
-
(20,075)
At 31 October 2025
13,230
11,847
118,074
70,296
55,208
268,655
Net book value
At 31 October 2025
737,643
3,686
238,831
42,202
17,122
1,039,484
At 31 October 2024
530,529
4,915
188,117
46,577
11,647
781,785
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
115,379
52,000
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
4,719
10,000
Taxes and social security
119,713
150,757
Other creditors
2,548
-
Loans from directors
-
555
126,980
161,312
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
5,000
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Controlling party
The company is under the control of B. Kwangwari by virtue of his shareholding.
- 6 -
Gian Healthcare Ltd Notes to the Accounts for the year ended 31 October 2025
10
Average number of employees
During the year the average number of employees was 83 (2024: 83).
- 7 -