EVEREST HEALTHCARE LTD - Filleted accounts

Registered number

07620623

EVEREST HEALTHCARE LTD

Filleted Accounts

31 March 2026

EVEREST HEALTHCARE LTD
Registered number:		07620623
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		286,411			327,462
Tangible assets	4		308,114			375,063
			594,525			702,525

Current assets
Stocks		44,850			52,500
Debtors	5	149,469			119,907
Cash at bank and in hand		691			135,346
		195,010			307,753

Creditors: amounts falling due within one year	6	(246,645)			(312,153)

Net current liabilities			(51,635)			(4,400)

Total assets less current liabilities			542,890			698,125

Creditors: amounts falling due after more than one year	7		(1,048,288)			(992,658)



Net liabilities			(505,398)			(294,533)

Capital and reserves
Called up share capital			143			100
Profit and loss account			(505,541)			(294,633)

Shareholders' funds			(505,398)			(294,533)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




MUHAMMED MIAN
Director
Approved by the board on 12 September 2026

EVEREST HEALTHCARE LTD
Notes to the Accounts
for the year ended 31 March 2026


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:

	Plant and machinery	over 10 years
	Fixtures, fittings, tools and equipment	over 10 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		15		15


3	Intangible fixed assets				£
	Goodwill:

	Cost
	At 1 April 2025				410,513
	At 31 March 2026				410,513

	Amortisation
	At 1 April 2025				83,051
	Provided during the year				41,051
	At 31 March 2026				124,102

	Net book value
	At 31 March 2026				286,411
	At 31 March 2025				327,462

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2025				789,664
	Additions				10,079
	At 31 March 2026				799,743

	Depreciation
	At 1 April 2025				414,601
	Charge for the year				77,028
	At 31 March 2026				491,629

	Net book value
	At 31 March 2026				308,114
	At 31 March 2025				375,063


5	Debtors		2026		2025
£				£

	Trade debtors		127,449		78,773
	Other debtors (VAT)		22,020		41,134
			149,469		119,907


6	Creditors: amounts falling due within one year		2026		2025
£				£

	Trade creditors		210,227		272,408
	Other taxes and social security costs		5,020		4,384
	Other creditors		31,398		35,361
			246,645		312,153


7	Creditors: amounts falling due after one year		2026		2025
£				£

	Bank loans (RX Bridge/Armada/Conister/Cur8/Propel)		758,758		882,128
	Private Loans		289,530		110,530
			1,048,288		992,658


8	Controlling party

	The Ultimate control is held equally by 2 Corporate Entities. They are Med Dynamics Ltd and Everest Pharmacy Ltd.


9	Other information

	EVEREST HEALTHCARE LTD is a private company limited by shares and incorporated in England. Its registered office is:
	496 WILBRAHAM ROAD
	MANCHESTER
	M16 8AA