IRIS Accounts Production v24.2.0.383 12023282 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh120232822023-03-31120232822024-03-31120232822023-04-012024-03-31120232822022-03-31120232822022-04-012023-03-31120232822023-03-3112023282ns15:EnglandWales2023-04-012024-03-3112023282ns14:PoundSterling2023-04-012024-03-3112023282ns10:Director12023-04-012024-03-3112023282ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3112023282ns10:SmallEntities2023-04-012024-03-3112023282ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3112023282ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3112023282ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3112023282ns10:FullAccounts2023-04-012024-03-3112023282ns10:Director22023-04-012024-03-3112023282ns10:Director32023-04-012024-03-3112023282ns10:RegisteredOffice2023-04-012024-03-3112023282ns5:CurrentFinancialInstruments2024-03-3112023282ns5:CurrentFinancialInstruments2023-03-3112023282ns5:ShareCapital2024-03-3112023282ns5:ShareCapital2023-03-3112023282ns5:RetainedEarningsAccumulatedLosses2024-03-3112023282ns5:RetainedEarningsAccumulatedLosses2023-03-3112023282ns5:PlantMachinery2023-04-012024-03-3112023282ns5:MotorVehicles2023-04-012024-03-3112023282ns5:ComputerEquipment2023-04-012024-03-3112023282ns5:PlantMachinery2023-03-3112023282ns5:PlantMachinery2024-03-3112023282ns5:PlantMachinery2023-03-3112023282ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3112023282ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-311202328212023-04-012024-03-31
REGISTERED NUMBER: 12023282 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

HEALTH INTEGRATION PARTNERS LTD

HEALTH INTEGRATION PARTNERS LTD (REGISTERED NUMBER: 12023282)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HEALTH INTEGRATION PARTNERS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: Mr A P Russell
Dr A Dwivedi
Dr R H Jetha





REGISTERED OFFICE: 8 Tollgate
Stanbridge Earls
Romsey
Hampshire
SO51 0HE





REGISTERED NUMBER: 12023282 (England and Wales)

HEALTH INTEGRATION PARTNERS LTD (REGISTERED NUMBER: 12023282)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 172,454 65,085

CURRENT ASSETS
Debtors 5 850,962 1,245,361
Cash at bank and in hand 764,021 546,176
1,614,983 1,791,537
CREDITORS
Amounts falling due within one year 6 261,706 646,130
NET CURRENT ASSETS 1,353,277 1,145,407
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,525,731

1,210,492

PROVISIONS FOR LIABILITIES 42,369 10,474
NET ASSETS 1,483,362 1,200,018

CAPITAL AND RESERVES
Called up share capital 500 500
Retained earnings 1,482,862 1,199,518
SHAREHOLDERS' FUNDS 1,483,362 1,200,018

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

HEALTH INTEGRATION PARTNERS LTD (REGISTERED NUMBER: 12023282)

BALANCE SHEET - continued
31ST MARCH 2024


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 Board of Directors and authorised for issue on 5th September 2024 and were signed on its behalf by:





Mr A P Russell - Director


HEALTH INTEGRATION PARTNERS LTD (REGISTERED NUMBER: 12023282)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024


1. STATUTORY INFORMATION

The financial statements are presented in £ Sterling which is the functional currency of the company and are rounded to the nearest £.

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 represents the revenue generated by the company's operating activities, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Motor vehicles - 25% 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.

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.

HEALTH INTEGRATION PARTNERS LTD (REGISTERED NUMBER: 12023282)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2023 81,625
Additions 149,956
Disposals (12,147 )
At 31st March 2024 219,434
DEPRECIATION
At 1st April 2023 16,540
Charge for year 33,477
Eliminated on disposal (3,037 )
At 31st March 2024 46,980
NET BOOK VALUE
At 31st March 2024 172,454
At 31st March 2023 65,085

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 563,625 1,142,843
Other debtors 287,337 102,518
850,962 1,245,361

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 43,521 162,730
Taxation and social security 189,137 294,895
Other creditors 29,048 188,505
261,706 646,130

HEALTH INTEGRATION PARTNERS LTD (REGISTERED NUMBER: 12023282)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Directors have advances and repayments as shown below:

£   £   £   
Advances 30,611196,957141,369
Repayments-90,000-

The advances to directors have had interest charged at the HMRC approved interest rates at the time.

Advances to directors will be repaid.

8. POST BALANCE SHEET EVENTS

Since the year end there are ongoing discussions for the company to buy back shares from one of the shareholders - this could reduce the share capital and reserves figure by a significant amount.