Shire Healthcare Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11051421 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2020

for

Shire Healthcare Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

Mr J Greany

Mrs T A Greany

Mr T R Greany

REGISTERED OFFICE:

223 Mancroft Road

Aley Green

Luton

Bedfordshire

LU1 4DR

REGISTERED NUMBER:

11051421 (England and Wales)

ACCOUNTANTS:

Haines Watts

Chartered Accountants

4 Claridge Court

Lower Kings Road

Berkhamsted

Hertfordshire

HP4 2AF

FIXED ASSETS

Tangible assets

4

1,826

1,786

CURRENT ASSETS

Debtors

5

15,313

13,156

Cash at bank and in hand

4,610

2,048

19,923

15,204

CREDITORS

Amounts falling due within one year

6

246,423

137,119

NET CURRENT LIABILITIES

(226,500

)

(121,915

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(224,674

)

(120,129

)

PROVISIONS FOR LIABILITIES

348

339

NET LIABILITIES

(225,022

)

(120,468

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(225,122

)

(120,568

)

(225,022

)

(120,468

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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 12 October 2020 and were signed on its behalf by:

Mr T R Greany - Director

1.	STATUTORY INFORMATION

Shire Healthcare Services 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.

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.

Going concern

In preparing the accounts and reviewing the company's net current liability position of £225,022

(2019:£120,468) the directors have considered going concern and that the company will continue to

trade for the foreseeable future

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

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 4 (2019 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2019

2,382

Additions

846

At 31 March 2020

3,228

DEPRECIATION

At 1 April 2019

596

Charge for year

806

At 31 March 2020

1,402

NET BOOK VALUE

At 31 March 2020

1,826

At 31 March 2019

1,786

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade debtors

12,726

6,876

Other debtors

2,587

6,280

15,313

13,156

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade creditors

2,083

1,199

Amounts owed to associates

239,215

128,162

Taxation and social security

3,849

3,963

Other creditors

1,276

3,795

246,423

137,119

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.20

31.3.19

£

£

Within one year

7,500

7,500

Between one and five years

625

8,125

8,125

15,625

8.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed Shire Homecare Services Ltd £239,215 a company that

is also owned by Healthcare Management Group Ltd

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Healthcare Management Group Ltd.

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only

required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other

primary statements and the Report of the Directors are not required to be filed with the Registrar of

Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Shire Healthcare Services Limited for the year ended 31 March 2020

which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting

records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Shire Healthcare Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Shire Healthcare Services Limited and state those matters that we have agreed to state to the Board of Directors of Shire Healthcare Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Shire Healthcare Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Shire Healthcare Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Shire Healthcare Services Limited. You consider that Shire Healthcare Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Shire Healthcare Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Haines Watts

Chartered Accountants

4 Claridge Court

Lower Kings Road

Berkhamsted

Hertfordshire

HP4 2AF

14 October 2020