Company Registration No. 08037424 (England and Wales)
WESTCLIFF MEDICINES LIMITED
Unaudited accounts
for the year ended 31 March 2023
WESTCLIFF MEDICINES LIMITED
Unaudited accounts
Contents
WESTCLIFF MEDICINES LIMITED
Company Information
for the year ended 31 March 2023
Directors
Kristina Uhelakova
Martin Uhelak
Jon Mikel Echebarrieta
Timothy Andrew Alder
Company Number
08037424 (England and Wales)
Registered Office
7 POOLE ROAD
BOURNEMOUTH
DORSET
BH2 5QR
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
WESTCLIFF MEDICINES LIMITED
Statement of financial position
as at 31 March 2023
Intangible assets
1,989
18,412
Tangible assets
45,558
54,037
Cash at bank and in hand
309,911
271,035
Creditors: amounts falling due within one year
(229,410)
(389,717)
Net current assets
179,551
70,067
Total assets less current liabilities
227,098
142,516
Creditors: amounts falling due after more than one year
(24,387)
(24,387)
Net assets
202,711
118,129
Called up share capital
96
96
Profit and loss account
202,615
118,033
Shareholders' funds
202,711
118,129
For the year ending 31 March 2023 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 21 December 2023 and were signed on its behalf by
Martin Uhelak
Director
Company Registration No. 08037424
WESTCLIFF MEDICINES LIMITED
Notes to the Accounts
for the year ended 31 March 2023
WESTCLIFF MEDICINES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08037424. The registered office is 7 POOLE ROAD, BOURNEMOUTH, DORSET, BH2 5QR.
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:
Land & buildings
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 April 2022
494,999
3,006
498,005
At 31 March 2023
494,999
3,006
498,005
At 1 April 2022
478,726
867
479,593
Charge for the year
16,273
150
16,423
At 31 March 2023
494,999
1,017
496,016
At 31 March 2023
-
1,989
1,989
At 31 March 2022
16,273
2,139
18,412
WESTCLIFF MEDICINES LIMITED
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2022
116,618
8,984
21,223
9,935
156,760
At 31 March 2023
116,618
8,984
21,223
9,935
156,760
At 1 April 2022
74,571
7,785
12,963
7,404
102,723
Charge for the year
6,307
300
1,239
633
8,479
At 31 March 2023
80,878
8,085
14,202
8,037
111,202
At 31 March 2023
35,740
899
7,021
1,898
45,558
At 31 March 2022
42,047
1,199
8,260
2,531
54,037
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
242,099
350,205
Taxes and social security
33,448
28,955
Other creditors
7,217
6,807
Loans from directors
(53,896)
-
8
Creditors: amounts falling due after more than one year
2023
2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Current Account
-
112,909
59,014
53,895
WESTCLIFF MEDICINES LIMITED
Notes to the Accounts
for the year ended 31 March 2023
10
Average number of employees
During the year the average number of employees was 7 (2022: 0).