Company Registration No. 08624459 (England and Wales)
Welfare Healthcare (UK) Ltd
Unaudited accounts
for the year ended 31 July 2022
Welfare Healthcare (UK) Ltd
Unaudited accounts
Contents
Welfare Healthcare (UK) Ltd
Company Information
for the year ended 31 July 2022
Directors
Mr M H Bhaiji
Mr H W Lim
Mr Y H Thong
Company Number
08624459 (England and Wales)
Registered Office
68 FRIAR GATE
DERBY
DE1 1FP
Welfare Healthcare (UK) Ltd
Statement of financial position
as at 31 July 2022
Intangible assets
249,503
285,260
Tangible assets
10,399
11,984
Cash at bank and in hand
550,375
207,024
Creditors: amounts falling due within one year
(338,752)
(375,839)
Net current assets
676,636
396,201
Total assets less current liabilities
936,538
693,445
Creditors: amounts falling due after more than one year
(558,793)
(379,723)
Net assets
377,745
313,722
Called up share capital
210,000
210,000
Profit and loss account
167,745
103,722
Shareholders' funds
377,745
313,722
For the year ending 31 July 2022 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 April 2023 and were signed on its behalf by
Mr H W Lim
Director
Company Registration No. 08624459
Welfare Healthcare (UK) Ltd
Notes to the Accounts
for the year ended 31 July 2022
Welfare Healthcare (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08624459. The registered office is 68 FRIAR GATE, DERBY, DE1 1FP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance Method
Motor vehicles
25% Reducing Balance Method
Fixtures & fittings
20% Reducing Balance Method
Computer equipment
20% Reducing Balance Method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Charge for the year
35,757
Welfare Healthcare (UK) Ltd
Notes to the Accounts
for the year ended 31 July 2022
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2021
10,760
19,645
10,000
-
40,405
Additions
-
-
-
1,398
1,398
At 31 July 2022
10,760
19,645
10,000
1,398
41,803
At 1 August 2021
9,130
15,157
4,134
-
28,421
Charge for the year
408
1,122
1,173
280
2,983
At 31 July 2022
9,538
16,279
5,307
280
31,404
At 31 July 2022
1,222
3,366
4,693
1,118
10,399
At 31 July 2021
1,630
4,488
5,866
-
11,984
Amounts falling due within one year
Trade debtors
159,120
225,832
Other debtors
231,762
287,451
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Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
95,812
40,888
Trade creditors
180,493
277,487
Taxes and social security
31,447
26,464
Proposed dividends
31,000
31,000
8
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
558,793
379,723
9
Average number of employees
During the year the average number of employees was 10 (2021: 11).
