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REGISTERED NUMBER: 07151967 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

THE-OHC LIMITED

THE-OHC LIMITED (REGISTERED NUMBER: 07151967)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


THE-OHC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







Director: Dr S J Chambers





Registered office: Unit 2 Mouldings Green
Kenilworth Road
Meriden
Nr Coventry
West Midlands
CV7 7LJ





Registered number: 07151967 (England and Wales)





Accountants: Athos Business Solutions Limited
1623 Warwick Road
Knowle
Solihull
West Midlands
B93 9LF

THE-OHC LIMITED (REGISTERED NUMBER: 07151967)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 124,000 186,000
Tangible assets 5 8,515 10,668
132,515 196,668

CURRENT ASSETS
Debtors 6 303,470 173,927
Cash at bank and in hand 254,945 302,563
558,415 476,490
CREDITORS
Amounts falling due within one year 7 69,074 33,521
NET CURRENT ASSETS 489,341 442,969
TOTAL ASSETS LESS CURRENT
LIABILITIES

621,856

639,637

PROVISIONS FOR LIABILITIES 1,618 2,027
NET ASSETS 620,238 637,610

CAPITAL AND RESERVES
Called up share capital 310,150 620,200
Capital redemption reserve 310,050 -
Retained earnings 38 17,410
620,238 637,610

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

THE-OHC LIMITED (REGISTERED NUMBER: 07151967)

BALANCE SHEET - continued
31 MARCH 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 December 2023 and were signed by:





Dr S J Chambers - Director


THE-OHC LIMITED (REGISTERED NUMBER: 07151967)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

The-OHC Limited is a private company, limited by shares , registered in England and Wales. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Medical equipment - 20% on cost
Fixtures & Fittings - 10% on cost
Computer equipment - 33% on cost

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.

THE-OHC LIMITED (REGISTERED NUMBER: 07151967)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 6 (2022 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
Cost
At 1 April 2022
and 31 March 2023 620,000
Amortisation
At 1 April 2022 434,000
Amortisation for year 62,000
At 31 March 2023 496,000
Net book value
At 31 March 2023 124,000
At 31 March 2022 186,000

THE-OHC LIMITED (REGISTERED NUMBER: 07151967)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


5. TANGIBLE FIXED ASSETS
Medical Fixtures Computer
equipment & Fittings equipment Totals
£    £    £    £   
Cost
At 1 April 2022 33,655 13,831 33,871 81,357
Additions 1,605 - 290 1,895
At 31 March 2023 35,260 13,831 34,161 83,252
Depreciation
At 1 April 2022 33,537 8,590 28,562 70,689
Charge for year 264 1,383 2,401 4,048
At 31 March 2023 33,801 9,973 30,963 74,737
Net book value
At 31 March 2023 1,459 3,858 3,198 8,515
At 31 March 2022 118 5,241 5,309 10,668

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 182,823 167,332
Other debtors 120,647 6,595
303,470 173,927

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 13,322 11,306
Taxation and social security 51,603 16,356
Other creditors 4,149 5,859
69,074 33,521