Company registration number 08998411 (England and Wales)
ALIVE HEALTHCARE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
PAGES FOR FILING WITH REGISTRAR
ALIVE HEALTHCARE LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2022
30 September 2022
1
2022
2021
Notes
£
£
£
£
Fixed assets
Tangible assets
3
381,138
383,331
Current assets
Debtors
4
78,972
91,758
Cash at bank and in hand
13,203
7,802
92,175
99,560
Creditors: amounts falling due within one year
5
(316,196)
(304,721)
Net current liabilities
(224,021)
(205,161)
Total assets less current liabilities
157,117
178,170
Creditors: amounts falling due after more than one year
6
(18,667)
(32,667)
Net assets
138,450
145,503
Capital and reserves
Called up share capital
90
90
Profit and loss reserves
138,360
145,413
Total equity
138,450
145,503
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 2022 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.
The 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 2022
30 September 2022
2
The financial statements were approved by the board of directors and authorised for issue on 29 June 2023 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 2022
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 amounts 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 2022
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:
2022
2021
Number
Number
Total
3
6
ALIVE HEALTHCARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2022
5
3
Tangible fixed assets
Land and buildings Freehold
Fixtures, fittings & equipment
Computer equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 October 2021 and 30 September 2022
375,239
11,754
3,385
16,794
407,172
Depreciation and impairment
At 1 October 2021
9,639
3,385
10,817
23,841
Depreciation charged in the year
698
1,495
2,193
At 30 September 2022
10,337
3,385
12,312
26,034
Carrying amount
At 30 September 2022
375,239
1,417
4,482
381,138
At 30 September 2021
375,239
2,115
5,977
383,331
4
Debtors
2022
2021
Amounts falling due within one year:
£
£
Other debtors
78,972
91,758
5
Creditors: amounts falling due within one year
2022
2021
£
£
Bank loans
7,000
Corporation tax
40,617
69,757
Other taxation and social security
140
125
Other creditors
268,439
234,839
316,196
304,721
ALIVE HEALTHCARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2022
6
6
Creditors: amounts falling due after more than one year
2022
2021
£
£
Bank loans and overdrafts
18,667
32,667
7
Controlling party
The ultimate controlling party is the director M Julius and S Ndone, by virtue of their shareholdings.