Shieldhill Healthcare Limited - Filleted accounts

Registered number

SC815474

Shieldhill Healthcare Limited

Filleted Accounts

31 July 2025

Shieldhill Healthcare Limited
Registered number:		SC815474
Balance Sheet
as at 31 July 2025

Notes			2025
£
Fixed assets
Tangible assets	3		3,866

Current assets
Stocks		15,340
Debtors	4	130,803
Cash at bank and in hand		89,180
		235,323

Creditors: amounts falling due within one year	5	(127,772)

Net current liabilities			107,551

Total assets less current liabilities			111,417


Net liabilities			111,417

Capital and reserves
Called up share capital			100
Profit and loss account			111,317

Shareholder's funds			111,417	-

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Nazeem Akhtar
Director
Approved by the board on 8 December 2025

Shieldhill Healthcare Limited
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor Vehicle	20% Reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

2	Employees		2025
Number

	Average number of persons employed by the company		6


3	Tangible fixed assets
				Motor vehicles
£
	Cost
	Additions			5,290
	Disposals			(1,290)
	At 31 July 2025			4,000

	Depreciation
	Charge for the year			306
	On disposals			(172)
	At 31 July 2025			134

	Net book value
	At 31 July 2025			3,866


4	Debtors		2025
£

	Trade debtors		122,571
	Taxation and social security costs		8,232
			130,803


5	Creditors: amounts falling due within one year		2025
£

	Trade creditors		77,860
	Taxation and social security costs		30,327
	Other creditors		19,585
			127,772


6	Related party transactions

	During the year management fee was charged by Majestic Health Mangement Ltd, which shares the same directorship and ownership. The balance at the company's financial year end was £11,154 and is shown in Other creditors. The loan carries no interest charge and there are no immediate repayment terms.


7	Controlling party

	The company is wholly controlled by Majestic Health Management Ltd, a company registered in Scotland under number SC810349


8	Other information

	Shieldhill Healthcare Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
	Spiersbridge Business Park
	1 Spiersbridge Way
	Thornliebank
	G46 8NG