ZTW Healthcare Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 07086469 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

ZTW HEALTHCARE LIMITED

TRADING AS

HERTS HOME CARE AND BODY PULSE STUDIO

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Z Iqbal

SECRETARY:

REGISTERED OFFICE:

45 Greenways

Abbots Langley

Hertfordshire

WD5 0EU

REGISTERED NUMBER:

07086469 (England and Wales)

ACCOUNTANTS:

Visana Chartered Accountants

45 Greenways

Abbots Langley

Hertfordshire

WD5 0EU

BUSINESS ADDRESS:

123 Lawn Lane

Hemel Hempstead

Herts

HP3 9HS

FIXED ASSETS

Tangible assets

4

126,595

88,317

Investment property

5

236,593

236,593

363,188

324,910

CURRENT ASSETS

Debtors

6

50,021

47,000

Cash at bank

213,007

305,594

263,028

352,594

CREDITORS

Amounts falling due within one year

7

43,453

66,237

NET CURRENT ASSETS

219,575

286,357

TOTAL ASSETS LESS CURRENT LIABILITIES

582,763

611,267

CREDITORS

Amounts falling due after more than one year

8

39,249

48,333

NET ASSETS

543,514

562,934

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

543,414

562,834

SHAREHOLDERS' FUNDS

543,514

562,934

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 20 December 2023 and were signed by:

Mr Z Iqbal - Director

1.	STATUTORY INFORMATION

ZTW Healthcare 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.

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.

Motor vehicles

-

20% on cost

Equipment & Fixtures

-

15% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2022 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Equipment

vehicles

& Fixtures

Totals

£

£

£

COST

At 1 April 2022

26,976

126,663

153,639

Additions

48,445

9,663

58,108

At 31 March 2023

75,421

136,326

211,747

DEPRECIATION

At 1 April 2022

20,305

45,017

65,322

Charge for year

6,180

13,650

19,830

At 31 March 2023

26,485

58,667

85,152

NET BOOK VALUE

At 31 March 2023

48,936

77,659

126,595

At 31 March 2022

6,671

81,646

88,317

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2022

and 31 March 2023

236,593

NET BOOK VALUE

At 31 March 2023

236,593

At 31 March 2022

236,593

6.

DEBTORS

31.3.23

31.3.22

£

£

Amounts falling due within one year:

Prepayments

3,021

-

Amounts falling due after more than one year:

Loan Debtors

47,000

47,000

Aggregate amounts

50,021

47,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Corporation Tax

3,835

11,481

Proposed dividends

-

27,000

Directors' current accounts

39,618

27,756

43,453

66,237

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.23

31.3.22

£

£

Bank Loan

39,249

48,333

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.23

31.3.22

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2022

562,834

Profit for the year

55,580

Dividends

(75,000

)

At 31 March 2023

543,414