IMMENSA HEALTH CLINIC LTD

Company Registration Number:
12608585 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

IMMENSA HEALTH CLINIC LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

IMMENSA HEALTH CLINIC LTD

Balance sheet

As at 31 December 2022


Notes

2022

18 months to 31 December 2021


£

£
Fixed assets
Tangible assets: 3 949,972 3,460,033
Total fixed assets: 949,972 3,460,033
Current assets
Stocks:   1,325,757
Debtors:   497,314 6,728,904
Cash at bank and in hand: 76,196 2,929,095
Total current assets: 573,510 10,983,756
Creditors: amounts falling due within one year:   (1,748,874) (14,534,408)
Net current assets (liabilities): (1,175,364) (3,550,652)
Total assets less current liabilities: (225,392) (90,619)
Provision for liabilities:   (218,400)
Total net assets (liabilities): (225,392) (309,019)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (225,492) (309,119)
Shareholders funds: (225,392) (309,019)

The notes form part of these financial statements

IMMENSA HEALTH CLINIC LTD

Balance sheet statements

For the year ending 31 December 2022 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 28 January 2024
and signed on behalf of the board by:

Name: Andrea Riposati
Status: Director

The notes form part of these financial statements

IMMENSA HEALTH CLINIC LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

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

Turnover is measured at the fair value of the consideration received or receivable and represents amountsreceivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of thegoods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can bemeasured reliably, it is probable that the associated economic benefits will flow to the entity, and the costsincurred or to be incurred in respect of the transactions can be measured reliably.Revenue from services are recognised on an accruals basis in the period to which they relate.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulateddepreciation and impairment losses. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residualvalue, over the useful economic life of that assets.

Other accounting policies

Basis of preparationThe financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.Going concernThe director has considered the going concern position of the company and acknowledges the balance sheet deficit as at 31 December 2022, caused by provisions for bad and doubtful debts at the reporting date. The director is supporting the company to ensure that the company can meet its obligations as and when they fall due and continue to trade. On this basis the director has drawn up the financial statements on a going concern basis. Foreign currenciesForeign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

IMMENSA HEALTH CLINIC LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 18 months to 31 December 2021
Average number of employees during the period 12 98

IMMENSA HEALTH CLINIC LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 4,316,286
Transfers (1,922,664)
At 31 December 2022 2,393,622
Depreciation
At 01 January 2022 856,253
Charge for year 587,397
At 31 December 2022 1,443,650
Net book value
At 31 December 2022 949,972
At 31 December 2021 3,460,033

IMMENSA HEALTH CLINIC LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Related party transactions

Name of the related party:
Relationship:
Entities under common control
Description of the Transaction: Balances owed by the company at the balance sheet date
£
Balance at 01 January 2022 10,679,139
Balance at 31 December 2022 8,665,185
Name of the related party:
Relationship:
Sales to entities under common control
Description of the Transaction: Sales to entities under common control
£
Balance at 01 January 2022 47,357,003
Balance at 31 December 2022 5,949,145
Name of the related party:
Relationship:
Costs to entities under common control
Description of the Transaction: Costs to entities under common control
£
Balance at 01 January 2022 5,678,072
Balance at 31 December 2022 11,506,063