Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2022 1 April 2021 false 1 April 2022 31 March 2023 31 March 2023 05183793 Mr Mohamed Patel Mr Paresh Patel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05183793 2022-03-31 05183793 2023-03-31 05183793 2022-04-01 2023-03-31 05183793 frs-core:CurrentFinancialInstruments 2023-03-31 05183793 frs-core:FurnitureFittings 2023-03-31 05183793 frs-core:FurnitureFittings 2022-04-01 2023-03-31 05183793 frs-core:FurnitureFittings 2022-03-31 05183793 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 05183793 frs-core:MotorVehicles 2023-03-31 05183793 frs-core:MotorVehicles 2022-04-01 2023-03-31 05183793 frs-core:MotorVehicles 2022-03-31 05183793 frs-core:ShareCapital 2023-03-31 05183793 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 05183793 frs-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 05183793 frs-bus:FilletedAccounts 2022-04-01 2023-03-31 05183793 frs-bus:SmallEntities 2022-04-01 2023-03-31 05183793 frs-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 05183793 frs-bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 05183793 frs-bus:OrdinaryShareClass1 2022-04-01 2023-03-31 05183793 frs-bus:OrdinaryShareClass1 2023-03-31 05183793 frs-core:UnlistedNon-exchangeTraded 2023-03-31 05183793 frs-core:UnlistedNon-exchangeTraded 2022-03-31 05183793 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-03-31 05183793 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 05183793 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-03-31 05183793 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 05183793 frs-bus:Director1 2022-04-01 2023-03-31 05183793 frs-bus:Director2 2022-04-01 2023-03-31 05183793 frs-core:CurrentFinancialInstruments 1 2023-03-31 05183793 frs-core:CurrentFinancialInstruments 2 2023-03-31 05183793 frs-countries:EnglandWales 2022-04-01 2023-03-31 05183793 2021-03-31 05183793 2022-03-31 05183793 2021-04-01 2022-03-31 05183793 frs-core:CurrentFinancialInstruments 2022-03-31 05183793 frs-core:ShareCapital 2022-03-31 05183793 frs-core:RetainedEarningsAccumulatedLosses 2022-03-31 05183793 frs-bus:OrdinaryShareClass1 2021-04-01 2022-03-31 05183793 frs-core:CurrentFinancialInstruments 1 2022-03-31 05183793 frs-core:CurrentFinancialInstruments 2 2022-03-31
Registered number: 05183793
Ultra Health Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2023
AJ Dean Management Accountants
GCMA,ACMA
21 Kemps Bridge
Wakefield
West Yorkshire
WF2 9NJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05183793
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 1,733
Investment Properties 5 258,339 253,339
Investments 6 20,000 20,000
278,339 275,072
CURRENT ASSETS
Debtors 7 206,181 196,315
Cash at bank and in hand 3,030 1,315
209,211 197,630
Creditors: Amounts Falling Due Within One Year 8 (139,384 ) (124,865 )
NET CURRENT ASSETS (LIABILITIES) 69,827 72,765
TOTAL ASSETS LESS CURRENT LIABILITIES 348,166 347,837
NET ASSETS 348,166 347,837
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 348,164 347,835
SHAREHOLDERS' FUNDS 348,166 347,837
Page 1
Page 2
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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Mohamed Patel
Director
04/04/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ultra Health Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05183793 . The registered office is Fountain Hall, Fountain Street, Bradford, West Yorkshire, BD1 3RA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Straight line over sixty years
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost or Valuation
As at 1 April 2022 8,170 66,885 75,055
Disposals (8,170 ) (66,885 ) (75,055 )
Depreciation
As at 1 April 2022 8,170 65,152 73,322
Provided during the period - 1,733 1,733
Disposals (8,170 ) (66,885 ) (75,055 )
As at 31 March 2023 - - -
Net Book Value
As at 31 March 2023 - - -
As at 1 April 2022 - 1,733 1,733
5. Investment Property
2023
£
Fair Value
As at 1 April 2022 253,339
Fair value adjustments 5,000
As at 31 March 2023 258,339
6. Investments
Unlisted
£
Cost
As at 1 April 2022 20,000
As at 31 March 2023 20,000
Provision
As at 1 April 2022 -
As at 31 March 2023 -
Net Book Value
As at 31 March 2023 20,000
As at 1 April 2022 20,000
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7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 25,302 21,378
Prepayments and accrued income 2,266 -
M&A Kajal Loan Account 118,613 111,013
Directors 1 Current Account (Debit) 20,000 20,000
Director 2 Current Account (Debit) 40,000 40,000
Amounts owed by associates - 3,924
206,181 196,315
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 96,459 90,558
Corporation tax payable (Current liabilities - creditors < 1 year) 422 397
Other creditors 31,817 31,817
Other creditors (1) 9,686 1,553
Accruals and deferred income 1,000 540
139,384 124,865
9. Share Capital
2023 2022
Allotted, called up and fully paid £ £
2 Ordinary Shares of £ 1.000 each 2 2
Page 5