Company registration number: 11339938
Annual report and unaudited financial statements
for the year ended 30 November 2025
for
South Tyne Healthcare Limited
Pages for filing with the Registrar
Company registration number: 11339938
South Tyne Healthcare Limited
Balance sheet
as at 30 November 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 4 787,445 848,805
Tangible assets 5 7,993 14,301
795,438 863,106
Current assets
Stocks 30,525 34,804
Debtors 257,768 181,565
Cash at bank and in hand 40,888 80,124
329,181 296,493
Creditors: amounts falling due within one
year 		(400,955) (361,907)
Net current liabilities (71,774) (65,414)
Total assets less current liabilities 723,664 797,692
Creditors: Amounts falling due after more
than one year 		(672,698) (754,247)
NET ASSETS 50,966 43,445
Capital and reserves
Called up share capital 2 2
Profit and loss account 50,964 43,443
TOTAL EQUITY 50,966 43,445
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 November 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 11339938
South Tyne Healthcare Limited
Balance sheet - continued
as at 30 November 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 14 April 2026 and signed on its behalf by:
Mr G Dobinson, Director
14 April 2026
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South Tyne Healthcare Limited
Notes to the financial statements
for the year ended 30 November 2025
1 Company information
South Tyne Healthcare Limited is a private company registered in England and Wales. Its registered number is 11339938. The company is limited by shares. Its registered office is Osbourne Sandy & Co, 10 Grange Terrace, Sunderland, Tyne and Wear, SR2 7DF. Its principal place of business is South Tyne Healthcare Ltd, 47 Gaskell Avenue, South Shields, Tyne and Wear, NE34 9TQ.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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South Tyne Healthcare Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
2 Accounting policies - continued
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - Goodwill be being amortised on the following basis.
Goodwill represents the excess of the cost of
acquisition of unincorporated businesses over the fair
value of the net assets acquired. It is initially
recognised as an asset at cost and is subsequently
measured at cost less accumulated amortisation and
accumulated impairment losses. Goodwill is
considered to have a finite useful life and is amortised
on a systemic basis over its expected useful life of 20
years. For the purpose of impairment testing, goodwill
is allocated to the cash-generating units expected to
benefit from the acquisition. Cash-generating units to
which goodwill has been allocated are tested for
impairment at least annually, or more frequently where
there is an indication that the unit may be impaired. If
the recoverable amount of a cash-generating unit is
less than its carrying amount, the impairment loss is
allocated first to reduce the carrying amount of any
goodwill allocated to the unit, and then to the the other
assets of the unit on a pro-rata basis according to the
carrying amount of each asset. With regard to the
treatment adopted, the financial statements depart from
the specific requirements of the Companies Act to
amortise over a definite period, in order to achieve the
overriding objective of presenting a true and fair view.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant & Equipment - 25% straight line
Motor vehicles - 33% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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South Tyne Healthcare Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was 11 (2024 - 14).
4 Intangible assets
Goodwill
£
Cost
At 1 December 2024 1,227,193
At 30 November 2025 1,227,193
Amortisation
At 1 December 2024 378,388
Charge for year 61,360
At 30 November 2025 439,748
Net book value
At 30 November 2025 787,445
At 30 November 2024 848,805
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 December 2024 163,052
Additions 205
At 30 November 2025 163,257
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South Tyne Healthcare Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
5 Tangible fixed assets - continued
Depreciation
At 1 December 2024 148,751
Charge for year 6,513
At 30 November 2025 155,264
Net book value
At 30 November 2025 7,993
At 30 November 2024 14,301
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