REGISTERED NUMBER: 07590235 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Ingleby Healthcare Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Gupta

Mrs R Gupta

N D S Sangha

D M Aiken

REGISTERED OFFICE:

First Floor

Teesview Sabatier Close

Thornaby

Stockton on Tees

TS17 6EW

REGISTERED NUMBER:

07590235 (England and Wales)

ACCOUNTANTS:

Frank Brown & Walford

Tees View

Sabatier Close

Stockton

TS17 6EW

FIXED ASSETS

Intangible assets

4

682,019

789,705

Tangible assets

5

6,679

8,905

688,698

798,610

CURRENT ASSETS

Stocks

81,589

140,587

Debtors

6

316,859

253,011

Cash at bank and in hand

110,311

192,820

508,759

586,418

CREDITORS

Amounts falling due within one year

7

475,236

560,068

NET CURRENT ASSETS

33,523

26,350

TOTAL ASSETS LESS CURRENT LIABILITIES

722,221

824,960

CREDITORS

Amounts falling due after more than one year

8

(200,363

)

(347,187

)

PROVISIONS FOR LIABILITIES

(1,336

)

(1,691

)

NET ASSETS

520,522

476,082

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

520,422

475,982

520,522

476,082

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

N Gupta - Director

1.	STATUTORY INFORMATION

Ingleby Healthcare Ltd 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 2011, 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.

Motor vehicles

-

25% 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 Statement of Income and Retained Earnings, 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.

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 30 (2024 - 32 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

2,153,728

AMORTISATION

At 1 April 2024

1,364,023

Charge for year

107,686

At 31 March 2025

1,471,709

NET BOOK VALUE

At 31 March 2025

682,019

At 31 March 2024

789,705

5.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

23,562

DEPRECIATION

At 1 April 2024

14,657

Charge for year

2,226

At 31 March 2025

16,883

NET BOOK VALUE

At 31 March 2025

6,679

At 31 March 2024

8,905

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

214,528

169,727

Other debtors

102,331

83,284

316,859

253,011

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

369,324

446,825

Taxation and social security

32,047

37,205

Other creditors

73,865

76,038

475,236

560,068

Banking facilities, are secured by a legal charge dated 29 July 2011, in favour of Santander UK plc, over the assets of the company.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

200,363

347,187

9.	CONTROLLING PARTY

The company is controlled by N & R Gupta Limited and Ndss Holdings Limited each holding fifty percent of the issued share capital of the company.