Company Registration No. 08998411 (England and Wales)
ALIVE HEALTHCARE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021
PAGES FOR FILING WITH REGISTRAR
ALIVE HEALTHCARE LIMITED
BALANCE SHEET
AS AT 30 SEPTEMBER 2021
30 September 2021
1
2021
2020
Notes
£
£
£
£
Fixed assets
Tangible assets
4
383,331
184,141
Current assets
Debtors
5
91,758
Cash at bank and in hand
7,802
280,676
99,560
280,676
Creditors: amounts falling due within one year
6
(304,721)
(284,756)
Net current liabilities
(205,161)
(4,080)
Total assets less current liabilities
178,170
180,061
Creditors: amounts falling due after more than one year
7
(32,667)
(35,000)
Net assets
145,503
145,061
Capital and reserves
Called up share capital
8
90
90
Profit and loss reserves
145,413
144,971
Total equity
145,503
145,061
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 30 September 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
ALIVE HEALTHCARE LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2021
30 September 2021
2
The financial statements were approved by the board of directors and authorised for issue on 26 June 2022 and are signed on its behalf by:
Ms S Ndone
Director
Company Registration No. 08998411
ALIVE HEALTHCARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021
3
1
Accounting policies
Company information
Alive Healthcare Limited is a
private
company
limited by shares
incorporated in
England and Wales
.
The registered office is
22 Carlisle Road, Southampton, SO16 4FH.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business
, and
is shown net of VAT and other sales related taxes
.
The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
1.3
Tangible fixed assets
Tangible fixed assets
are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Land and buildings Freehold
Fixtures, fittings & equipment
33% reducing balance
Computer equipment
25% straight line
Motor vehicles
25% reducing balance
1.4
Cash and cash equivalents
Cash and cash equivalents
are basic financial assets
and
include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
ALIVE HEALTHCARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2021
1
Accounting policies (Continued)
4
1.5
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the
profit and loss account
because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The
company’s
liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
1.6
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or
fixed assets
.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2021
2020
Number
Number
Total
6
7
3
Taxation
2021
2020
£
£
Current tax
UK corporation tax on profits for the current period
19,565
45,223
Adjustments in respect of prior periods
(145)
Total current tax
19,565
45,078
ALIVE HEALTHCARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2021
5
4
Tangible fixed assets
Land and buildings Freehold
Fixtures, fittings & equipment
Computer equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 October 2020
177,158
11,754
3,385
12,550
204,847
Additions
198,081
4,244
202,325
At 30 September 2021
375,239
11,754
3,385
16,794
407,172
Depreciation and impairment
At 1 October 2020
8,596
3,285
8,825
20,706
Depreciation charged in the year
1,043
100
1,992
3,135
At 30 September 2021
9,639
3,385
10,817
23,841
Carrying amount
At 30 September 2021
375,239
2,115
5,977
383,331
At 30 September 2020
177,158
3,158
100
3,725
184,141
5
Debtors
2021
2020
Amounts falling due within one year:
£
£
Other debtors
91,758
6
Creditors: amounts falling due within one year
2021
2020
£
£
Corporation tax
69,757
49,480
Other taxation and social security
125
4,037
Other creditors
234,839
231,239
304,721
284,756
ALIVE HEALTHCARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2021
6
7
Creditors: amounts falling due after more than one year
2021
2020
£
£
Bank loans and overdrafts
32,667
35,000
8
Called up share capital
2021
2020
2021
2020
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
90
90
90
90
9
Controlling party
The ultimate controlling party is the director M Julius and S Ndone, by virtue of their shareholdings.