Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 11676244 S G Hassani S T Hassani iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11676244 2022-11-30 11676244 2023-11-30 11676244 2022-12-01 2023-11-30 11676244 frs-core:CurrentFinancialInstruments 2023-11-30 11676244 frs-core:Non-currentFinancialInstruments 2023-11-30 11676244 frs-core:NetGoodwill 2023-11-30 11676244 frs-core:NetGoodwill 2022-12-01 2023-11-30 11676244 frs-core:NetGoodwill 2022-11-30 11676244 frs-core:ShareCapital 2023-11-30 11676244 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 11676244 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11676244 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 11676244 frs-bus:SmallEntities 2022-12-01 2023-11-30 11676244 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 11676244 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 11676244 frs-bus:Director1 2022-12-01 2023-11-30 11676244 frs-bus:Director1 2022-11-30 11676244 frs-bus:Director1 2023-11-30 11676244 frs-bus:Director2 2022-12-01 2023-11-30 11676244 frs-bus:Director2 2022-11-30 11676244 frs-bus:Director2 2023-11-30 11676244 frs-countries:EnglandWales 2022-12-01 2023-11-30 11676244 2021-11-30 11676244 2022-11-30 11676244 2021-12-01 2022-11-30 11676244 frs-core:CurrentFinancialInstruments 2022-11-30 11676244 frs-core:Non-currentFinancialInstruments 2022-11-30 11676244 frs-core:ShareCapital 2022-11-30 11676244 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 11676244
Hassani Healthcare Ltd
Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11676244
2023 2022
as restated
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 342,551 363,960
342,551 363,960
CURRENT ASSETS
Stocks 5 33,550 27,250
Debtors 6 195,190 101,618
Cash at bank and in hand 30,459 34,933
259,199 163,801
Creditors: Amounts Falling Due Within One Year 7 (212,639 ) (179,025 )
NET CURRENT ASSETS (LIABILITIES) 46,560 (15,224 )
TOTAL ASSETS LESS CURRENT LIABILITIES 389,111 348,736
Creditors: Amounts Falling Due After More Than One Year 8 (328,059 ) (319,578 )
NET ASSETS 61,052 29,158
CAPITAL AND RESERVES
Called up share capital 9 200 200
Profit and Loss Account 60,852 28,958
SHAREHOLDERS' FUNDS 61,052 29,158
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For the year ending 30 November 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
S G Hassani
Director
23rd August 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Hassani Healthcare Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11676244 . The registered office is 151 Oxford Road, Garsington, Oxfordshire, OX44 9AU.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. 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 years 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 assets reflect 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: 6 (2022: 4)
6 4
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4. Intangible Assets
Goodwill
£
Cost
As at 1 December 2022 428,188
As at 30 November 2023 428,188
Amortisation
As at 1 December 2022 64,228
Provided during the period 21,409
As at 30 November 2023 85,637
Net Book Value
As at 30 November 2023 342,551
As at 1 December 2022 363,960
5. Stocks
2023 2022
as restated
£ £
Stock 33,550 27,250
6. Debtors
2023 2022
as restated
£ £
Due within one year
Trade debtors 110,048 77,388
Other debtors 85,142 24,230
195,190 101,618
7. Creditors: Amounts Falling Due Within One Year
2023 2022
as restated
£ £
Trade creditors 83,809 78,014
Bank loans and overdrafts 2,994 -
Other creditors 55,178 61,392
Taxation and social security 70,658 39,619
212,639 179,025
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
as restated
£ £
Bank loans 328,059 319,578
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9. Share Capital
2023 2022
as restated
£ £
Allotted, Called up and fully paid 200 200
10. Directors Advances, Credits and Guarantees
The following advances and credits to directors subsisted during the current and prior periods:
As at 1 December 2022 Amounts advanced Amounts repaid Amounts written off As at 30 November 2023
£ £ £ £ £
Mr Syed Hassani (31,043 ) 3,105 3,000 - (30,938 )
Miss Syeda Hassani (8,000 ) - - - (8,000 )
The above loan is unsecured, interest free and repayable on demand.
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