REGISTERED NUMBER: 01991231 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

PAN HEALTHCARE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Panesar

R Panesar

SECRETARY:

R Panesar

REGISTERED OFFICE:

299 Church Road

Sheldon

Birmingham

B26 3YH

REGISTERED NUMBER:

01991231 (England and Wales)

ACCOUNTANTS:

Prime

Chartered Accountants

Corner Oak

1 Homer Road

Solihull

B91 3QG

FIXED ASSETS

Intangible assets

4

1,332,318

1,423,302

Tangible assets

5

483,958

529,964

1,816,276

1,953,266

CURRENT ASSETS

Stocks

299,044

270,923

Debtors

6

1,838,282

1,642,036

Cash at bank and in hand

364,866

155,408

2,502,192

2,068,367

CREDITORS

Amounts falling due within one year

7

1,125,641

885,566

NET CURRENT ASSETS

1,376,551

1,182,801

TOTAL ASSETS LESS CURRENT LIABILITIES

3,192,827

3,136,067

CREDITORS

Amounts falling due after more than one year

8

624,055

660,355

NET ASSETS

2,568,772

2,475,712

CAPITAL AND RESERVES

Called up share capital

52,078

52,078

Retained earnings

2,516,694

2,423,634

2,568,772

2,475,712

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 2 June 2026 and were signed on its behalf by:

S Panesar - Director

1.	STATUTORY INFORMATION

Pan 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 businesses in 2002, 2017 and 2023, is being amortised evenly over its estimated useful life of 20 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.

Long leasehold

-

1% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

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 22 (2024 - 57 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

2,544,674

AMORTISATION

At 1 November 2024

1,121,372

Amortisation for year

90,984

At 31 October 2025

1,212,356

NET BOOK VALUE

At 31 October 2025

1,332,318

At 31 October 2024

1,423,302

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Motor

Computer

leasehold

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

and 31 October 2025

433,912

684,744

28,335

62,468

1,209,459

DEPRECIATION

At 1 November 2024

75,751

547,594

12,107

44,043

679,495

Charge for year

4,339

20,573

4,057

17,037

46,006

At 31 October 2025

80,090

568,167

16,164

61,080

725,501

NET BOOK VALUE

At 31 October 2025

353,822

116,577

12,171

1,388

483,958

At 31 October 2024

358,161

137,150

16,228

18,425

529,964

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

609,635

529,890

Other debtors

1,228,647

1,112,146

1,838,282

1,642,036

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

86,195

28,800

Hire purchase contracts

4,299

4,299

Trade creditors

786,213

608,337

Taxation and social security

20,474

12,624

Other creditors

228,460

231,506

1,125,641

885,566

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

613,064

645,065

Hire purchase contracts

10,991

15,290

624,055

660,355

2025

2024

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

501,065

529,865