Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-302023-01-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsefalsetrue2022-01-31Dormant holding company00 07608774 2022-01-30 07608774 2022-01-31 2023-01-30 07608774 2021-04-01 2022-03-31 07608774 2023-01-30 07608774 2022-03-31 07608774 1 2022-01-31 2023-01-30 07608774 d:Director2 2022-01-31 2023-01-30 07608774 c:CurrentFinancialInstruments 2023-01-30 07608774 c:CurrentFinancialInstruments 2022-03-31 07608774 c:ShareCapital 2023-01-30 07608774 c:ShareCapital 2022-03-31 07608774 c:SharePremium 2023-01-30 07608774 c:SharePremium 2022-03-31 07608774 c:RetainedEarningsAccumulatedLosses 2023-01-30 07608774 c:RetainedEarningsAccumulatedLosses 2022-03-31 07608774 d:FRS102 2022-01-31 2023-01-30 07608774 d:AuditExempt-NoAccountantsReport 2022-01-31 2023-01-30 07608774 d:FullAccounts 2022-01-31 2023-01-30 07608774 d:PrivateLimitedCompanyLtd 2022-01-31 2023-01-30 07608774 6 2022-01-31 2023-01-30 iso4217:GBP xbrli:pure

Registered number: 07608774










OOMPH WELLNESS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JANUARY 2023

 
OOMPH WELLNESS LIMITED
 

CONTENTS



Page
Balance Sheet
 
1 - 2
Notes to the Financial Statements
 
3 - 5


 
OOMPH WELLNESS LIMITED
REGISTERED NUMBER: 07608774

BALANCE SHEET
AS AT 30 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
200
200

  
200
200

Current assets
  

Debtors: amounts falling due within one year
 5 
343,333
259,218

Cash at bank and in hand
 6 
76,726
160,841

  
420,059
420,059

Total assets less current liabilities
  
 
 
420,259
 
 
420,259

  

Net assets
  
420,259
420,259


Capital and reserves
  

Called up share capital 
  
4
4

Share premium account
  
3,137,287
3,137,287

Profit and loss account
  
(2,717,032)
(2,717,032)

  
420,259
420,259


Page 1

 
OOMPH WELLNESS LIMITED
REGISTERED NUMBER: 07608774
    
BALANCE SHEET (CONTINUED)
AS AT 30 JANUARY 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




J Papworth
Director

Date: 19 January 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
OOMPH WELLNESS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JANUARY 2023

1.


General information

The entity is a private company limited by shares incorporated in England and Wales. The registered
office is 1 Bell Court, Leapale Lane, Guildford, England, GU1 4LY. The principal activity is that of a dormant holding company.
                 
These financial statements are for the period 1 April 2022 to 30 January 2023, and are therefore not
entirely comparable.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are prepared in pounds sterling, the functional currency, rounded to the
nearest £1.

The following principal accounting policies have been applied:

 
2.2

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 3

 
OOMPH WELLNESS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JANUARY 2023

2.Accounting policies (continued)

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average number of employees during the year was 0 (2022: 0).

The average monthly number of employees, including directors, during the period was 0 (2022 - 0).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 31 January 2022
200



At 30 January 2023
200





5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
343,333
259,218

343,333
259,218

Page 4

 
OOMPH WELLNESS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JANUARY 2023

5.Debtors (continued)



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
76,726
160,841

76,726
160,841



7.


Related party transactions

The company has taken advantage of the exemption available in accordance with FRS 102 Section 33 not to disclose transactions entered into between two or more members of a group that are wholly owned.


8.


Post balance sheet events

On 31 January 2023, 100% of the share capital of the entity was acquired by Panecea Group Limited. 


9.


Controlling party

The ultimate controlling party during the period was considered to be Mr B Allen, by virtue of him holding the largest shareholding in the company. 
As a result of the events described in note 8, following the period end, the ultimate parent company is Project Polar Topco Limited, a company incorporated in England and Wales with a registered address 1 Bell Court, Leapale Lane, Guildford, England, GU1 4LY.

 
Page 5