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REGISTERED NUMBER: SC498329 (Scotland)















Unaudited Financial Statements for the Year Ended 28 February 2019

for

Simple Online Healthcare Limited

Simple Online Healthcare Limited (Registered number: SC498329)






Contents of the Financial Statements
for the Year Ended 28 February 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Simple Online Healthcare Limited

Company Information
for the Year Ended 28 February 2019







DIRECTORS: A Mohammed
A K Nassar





REGISTERED OFFICE: 37 Main Street
Calderbank
Airdrie
ML6 9SG





REGISTERED NUMBER: SC498329 (Scotland)






Simple Online Healthcare Limited (Registered number: SC498329)

Balance Sheet
28 February 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,194 1,704

CURRENT ASSETS
Stocks 92,650 92,350
Debtors 5 284,305 47,793
Cash at bank 785,679 224,509
1,162,634 364,652
CREDITORS
Amounts falling due within one year 6 479,901 178,685
NET CURRENT ASSETS 682,733 185,967
TOTAL ASSETS LESS CURRENT
LIABILITIES

684,927

187,671

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 684,807 187,551
684,927 187,671

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2019 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.

Simple Online Healthcare Limited (Registered number: SC498329)

Balance Sheet - continued
28 February 2019


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 28 June 2019 and were signed on its behalf by:





A Mohammed - Director


Simple Online Healthcare Limited (Registered number: SC498329)

Notes to the Financial Statements
for the Year Ended 28 February 2019

1. STATUTORY INFORMATION

Simple Online Healthcare Limited is a private company, limited by shares , registered in Scotland. 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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.

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 (2018 - 2 ) .

Simple Online Healthcare Limited (Registered number: SC498329)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2019

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2018 2,670 - 2,670
Additions - 1,076 1,076
At 28 February 2019 2,670 1,076 3,746
DEPRECIATION
At 1 March 2018 966 - 966
Charge for year 425 161 586
At 28 February 2019 1,391 161 1,552
NET BOOK VALUE
At 28 February 2019 1,279 915 2,194
At 28 February 2018 1,704 - 1,704

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 62,544 -
Other debtors 221,761 47,793
284,305 47,793

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade creditors 352,129 149,442
Taxation and social security 111,925 14,252
Other creditors 15,847 14,991
479,901 178,685

7. RELATED PARTY DISCLOSURES

Other debtors balance includes balance due from 2UP Healthcare Ltd of £106,957, a wholly owned subsidiary of the
parent company Simple Online Holdings Ltd.