ASHINGTON HEALTHCARE LIMITED


Directors	BELL, Andrew David, Dr
	CHOPRA, Rakesh
	GILFILLAN, Lindsay John, Dr
	KULLAR, Sukhpreet Singh


Registered Address	Lintonville Medical Group
	Lintonville Terrace
	Ashington
	NE63 9UT


Registered Number	14634832 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		165,724		184,909
Tangible assets	4		16,879		21,139
			182,603		206,048
Current assets
Stocks	5	34,219		47,826
Debtors	6	104,380		91,495
Cash at bank and on hand		12,731		6,213
		151,330		145,534
Creditors amounts falling due within one year	7	(417,263)		(392,761)
Net current assets (liabilities)			(265,933)		(247,227)
Total assets less current liabilities			(83,330)		(41,179)
Net assets			(83,330)		(41,179)
Capital and reserves
Called up share capital			105		105
Profit and loss account			(83,435)		(41,284)
Shareholders' funds			(83,330)		(41,179)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 2 December 2025, and are signed on its behalf by:

CHOPRA, Rakesh
Director
Registered Company No. 14634832

ASHINGTON HEALTHCARE LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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/or the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Operating leases
	Where, substantially, all the risks and rewards of ownership of the asset do not transfer from the lessor to the company, the lease is treated as an operating lease. Rentals payable under operating leases are charged to the Income Statement on a straight-line basis over the period of the lease.

	Defined contribution pension plan
	The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in other creditors in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. 

Contributions to defined contribution plans are expensed in the period to which they relate.  Amounts not paid are shown in other creditors in the Statement of Financial Position.  The assets of the plan are held separately from the company in independently administered funds.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Amortisation
	The goodwill is amortised over a period of 10 years on a straight line basis.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Fixtures and fittings	15	-
Vehicles	25	-
Office Equipment	-	3

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Income Statement.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	5		5

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 24	191,847	191,847
At 31 March 25	191,847	191,847
Amortisation and impairment
At 01 April 24	6,938	6,938
Charge for year	19,185	19,185
At 31 March 25	26,123	26,123
Net book value
At 31 March 25	165,724	165,724
At 31 March 24	184,909	184,909

4.	Tangible fixed assets

	Land & buildings	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 24	1	18,750	1,741	1,677	22,169
Additions	-	-	437	856	1,293
At 31 March 25	1	18,750	2,178	2,533	23,462
Depreciation and impairment
At 01 April 24	-	781	109	140	1,030
Charge for year	-	4,492	289	772	5,553
At 31 March 25	-	5,273	398	912	6,583
Net book value
At 31 March 25	1	13,477	1,780	1,621	16,879
At 31 March 24	1	17,969	1,632	1,537	21,139

5.	Stocks

	2025	2024
	£	£
Other stocks	34,219	47,826
Total	34,219	47,826

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	90,786	73,264
Other debtors	7,471	14,334
Prepayments and accrued income	6,123	3,897
Total	104,380	91,495

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	54,224	80,615
Amounts owed to related parties	314,375	279,375
Taxation and social security	1,116	1,219
Other creditors	43,947	23,202
Accrued liabilities and deferred income	3,601	8,350
Total	417,263	392,761

8.	Operating lease commitments
	At 31 March 2025 the company had future minimum lease payments under non-cancellable operating leases of £48,000 (2024 - £60,000).

9.	Parent-subsidiary relationships
	The company is a wholly owned subsidiary of Ashington Central Limited, a company registered in England and Wales. The parent company is exempt from preparing group accounts.