REGISTERED NUMBER: 15387539 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Foster Morton Healthcare Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B C Foster

M Morton

SECRETARY:

Mrs A C Foster

REGISTERED OFFICE:

13-14 Woods Terrace

Murton

Seaham

SR7 9AD

REGISTERED NUMBER:

15387539 (England and Wales)

ACCOUNTANTS:

Milner Smeaton

Chartered Accountants and Chartered Tax Advisers

Viking House

Falcon Court

Preston Farm

Stockton-on-Tees

TS18 3TS

FIXED ASSETS

Intangible assets

4

915,307

-

Tangible assets

5

94,817

420

1,010,124

420

CURRENT ASSETS

Stocks

40,000

-

Debtors

6

407,997

3,725

Cash at bank and in hand

187,261

1,423

635,258

5,148

CREDITORS

Amounts falling due within one year

7

1,001,181

5,368

NET CURRENT LIABILITIES

(365,923

)

(220

)

TOTAL ASSETS LESS CURRENT LIABILITIES

644,201

200

CREDITORS

Amounts falling due after more than one year

8

641,837

-

NET ASSETS

2,364

200

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

2,164

-

2,364

200

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2026 and were signed on its behalf by:

B C Foster - Director

M Morton - Director

1.	STATUTORY INFORMATION

Foster Morton Healthcare Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 0, is being amortised evenly over its estimated useful life of nil 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.

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 Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 11 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

1,017,008

At 31 August 2025

1,017,008

AMORTISATION

Charge for year

101,701

At 31 August 2025

101,701

NET BOOK VALUE

At 31 August 2025

915,307

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

122,423

At 31 August 2025

122,423

DEPRECIATION

Charge for year

27,606

At 31 August 2025

27,606

NET BOOK VALUE

At 31 August 2025

94,817

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

-

303

Other debtors

407,997

3,422

407,997

3,725

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

208,163

-

Trade creditors

214,380

-

Taxation and social security

36,455

-

Other creditors

542,183

5,368

1,001,181

5,368

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

641,837

-

9.	OTHER FINANCIAL COMMITMENTS

The company has financial commitments contracted but not provided for in the financial period totalling £224,000.