SURE HEALTH LIMITED

SURE HEALTH LIMITED

SURE HEALTH LIMITED - Company Information

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SURE HEALTH LIMITED

Company Registration Number:
05086381 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2020

Period of accounts

Start date: 01 May 2019

End date: 30 April 2020

SURE HEALTH LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2020

Balance sheet
Notes

SURE HEALTH LIMITED

Balance sheet

As at 30 April 2020


Notes
2020
2019


£
£
Fixed assets
Intangible assets: 3 742,982 882,332
Tangible assets: 4 1,667,288 1,727,690
Investments: 5 750 750
Total fixed assets: 2,411,020 2,610,772
Current assets
Stocks: 182,291 182,035
Debtors: 6 1,382,309 1,259,736
Cash at bank and in hand: 139,901 306,187
Total current assets: 1,704,501 1,747,958
Creditors: amounts falling due within one year: 7 (1,531,424) (1,473,132)
Net current assets (liabilities): 173,077 274,826
Total assets less current liabilities: 2,584,097 2,885,598
Creditors: amounts falling due after more than one year: 8 (2,718,622) (2,883,302)
Total net assets (liabilities): (134,525) 2,296
Capital and reserves
Called up share capital: 934 934
Profit and loss account: (135,459) 1,362
Shareholders funds: (134,525) 2,296

The notes form part of these financial statements

SURE HEALTH LIMITED

Balance sheet statements

For the year ending 30 April 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 February 2021
and signed on behalf of the board by:

Name: Mohammed Ihsan
Status: Director

The notes form part of these financial statements

SURE HEALTH LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The total turnover of the company has been derived from its principal activity wholly undertaken inthe UK.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less depreciation. Depreciation is calculated so as to write offthe cost less estimated residual value of each asset over its expected useful life as follows:Freehold land and buildings 2% straight lineLeasehold improvements 10% straight lineFixtures, fittings and equipment 20% reducing balanceMotor vehicles 25% reducing balance

Intangible fixed assets and amortisation policy

Goodwill is amortised over its estimated useful life of 20 years. Provision is made for impairment.

Valuation and information policy

Stock comprises of medicines and toiletries that are valued at lower of cost ad net realisable value.

SURE HEALTH LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2020

2. Employees

2020 2019
Average number of employees during the period 35 37

SURE HEALTH LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2020

3. Intangible Assets

Total
Cost £
At 01 May 2019 3,344,840
At 30 April 2020 3,344,840
Amortisation
At 01 May 2019 2,462,508
Charge for year 139,350
At 30 April 2020 2,601,858
Net book value
At 30 April 2020 742,982
At 30 April 2019 882,332

SURE HEALTH LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2020

4. Tangible Assets

Total
Cost £
At 01 May 2019 2,342,359
Transfers (93,440)
At 30 April 2020 2,248,919
Depreciation
At 01 May 2019 614,669
Charge for year 60,402
Other adjustments (93,440)
At 30 April 2020 581,631
Net book value
At 30 April 2020 1,667,288
At 30 April 2019 1,727,690

SURE HEALTH LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2020

5. Fixed investments

Investment comprises of shares in wholly owned UK subsidiaries.

SURE HEALTH LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2020

6. Debtors

2020 2019
££
Debtors due after more than one year: 131,147 139,482

SURE HEALTH LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2020

7. Creditors: amounts falling due within one year note

Creditors falling due within one year 30 April 2020 is £1,531,424 (2019: £1,316,185)

SURE HEALTH LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2020

8. Creditors: amounts falling due after more than one year note

Creditors falling due after more than one year 30 April 2020 is £2,718,622 (2019: £2,883,302)

SURE HEALTH LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2020

9. Related party transactions

Name of the related party: Dissband
Relationship:
Subsidiary
Description of the Transaction: The Disscband loan is repayable over 5 years (commencing in early 2020) and carries an interest rate of 3%
£
Balance at 01 May 2019 259,792
Balance at 30 April 2020 253,447
Name of the related party: Prescribing Hub Limited
Relationship:
Associated company
Description of the Transaction: The loan to associated companies are unsecured, interest-free and repayable on demand.
£
Balance at 01 May 2019 149,682
Balance at 30 April 2020 149,682
Name of the related party: Mohammed Ihsan, Shahida Ihsan, Ranjit Singh Guraewal and Ranjit Kaur Guraewal
Relationship:
Directors
Description of the Transaction: The amounts due to the directors represent loans which areunsecured, interest-free and are repayableon demand.
£
Balance at 01 May 2019 312,339
Balance at 30 April 2020 231,250