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Company Registration No. 12551800 (England and Wales)
Holly Health Ltd Unaudited accounts for the year ended 30 April 2024
Holly Health Ltd Unaudited accounts Contents
Page
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Holly Health Ltd Company Information for the year ended 30 April 2024
Director
Grace Gimson
Company Number
12551800 (England and Wales)
Registered Office
71-75 Shelton Street Covent Garden London WC2H 9JQ England
Accountants
The Accountancy Cloud 1 Fore Street Avenue London EC2Y 9DT
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Holly Health Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,583 
3,613 
Current assets
Debtors
24,417 
9,124 
Cash at bank and in hand
114,177 
78,517 
138,594 
87,641 
Creditors: amounts falling due within one year
(14,957)
(17,217)
Net current assets
123,637 
70,424 
Total assets less current liabilities
127,220 
74,037 
Creditors: amounts falling due after more than one year
(36,823)
- 
Provisions for liabilities
Deferred tax
- 
(278)
Net assets
90,397 
73,759 
Capital and reserves
Called up share capital
2 
2 
Share premium
1,319,545 
994,271 
Profit and loss account
(1,229,150)
(920,514)
Shareholders' funds
90,397 
73,759 
For the year ending 30 April 2024 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 July 2024 and were signed on its behalf by
Grace Gimson Director Company Registration No. 12551800
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Holly Health Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Holly Health Ltd is a private company, limited by shares, registered in England and Wales, registration number 12551800. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20%
Computer equipment
20%
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Research and Development Tax Credit
During the financial year, Holly Health Ltd received a tax credit for qualifying research and development expenditure under the Research and Development Tax relief scheme. This is presented as a tax repayment in the Statement of Profit or Loss in line with disclosure requirements under FRS 102.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Holly Health Ltd Notes to the Accounts for the year ended 30 April 2024
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
324 
4,899 
5,223 
Additions
416 
638 
1,054 
At 30 April 2024
740 
5,537 
6,277 
Depreciation
At 1 May 2023
72 
1,538 
1,610 
Charge for the year
72 
1,012 
1,084 
At 30 April 2024
144 
2,550 
2,694 
Net book value
At 30 April 2024
596 
2,987 
3,583 
At 30 April 2023
252 
3,361 
3,613 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
23,998 
9,000 
Accrued income and prepayments
419 
124 
24,417 
9,124 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(6,739)
1,440 
Trade creditors
7,793 
1,040 
Taxes and social security
7,991 
13,845 
Other creditors
5,022 
2 
Loans from directors
890 
890 
14,957 
17,217 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Deferred income
36,823 
- 
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Holly Health Ltd Notes to the Accounts for the year ended 30 April 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,127,575 Ordinary shares of £0.000002 each
2.25 
2.01 
Shares issued during the period:
119,048 Ordinary shares of £0.000002 each
0.23 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Grace Gimson
Director's Loan Accounts
(890)
- 
- 
(890)
(890)
- 
- 
(890)
The directors' loan is interest-free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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