Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 03602104 Naji Abdul Malak Mr Amanda Ross iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03602104 2022-12-31 03602104 2023-12-31 03602104 2023-01-01 2023-12-31 03602104 frs-core:CurrentFinancialInstruments 2023-12-31 03602104 frs-core:Non-currentFinancialInstruments 2023-12-31 03602104 frs-core:ComputerEquipment 2023-12-31 03602104 frs-core:ComputerEquipment 2023-01-01 2023-12-31 03602104 frs-core:ComputerEquipment 2022-12-31 03602104 frs-core:FurnitureFittings 2023-12-31 03602104 frs-core:FurnitureFittings 2023-01-01 2023-12-31 03602104 frs-core:FurnitureFittings 2022-12-31 03602104 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 03602104 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 03602104 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 03602104 frs-core:PlantMachinery 2023-12-31 03602104 frs-core:PlantMachinery 2023-01-01 2023-12-31 03602104 frs-core:PlantMachinery 2022-12-31 03602104 frs-core:ShareCapital 2023-12-31 03602104 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 03602104 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03602104 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 03602104 frs-bus:SmallEntities 2023-01-01 2023-12-31 03602104 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 03602104 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 03602104 frs-bus:Director1 2023-01-01 2023-12-31 03602104 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 03602104 frs-countries:EnglandWales 2023-01-01 2023-12-31 03602104 2021-12-31 03602104 2022-12-31 03602104 2022-01-01 2022-12-31 03602104 frs-core:CurrentFinancialInstruments 2022-12-31 03602104 frs-core:Non-currentFinancialInstruments 2022-12-31 03602104 frs-core:ShareCapital 2022-12-31 03602104 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 03602104
Elements Of Health Limited
Financial Statements
For The Year Ended 31 December 2023
Triple Bottom Line Accounting Limited
Association of International Accountants
The Enterprise Centre University Of East Anglia
Norwich
Norfolk
NR4 7TJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03602104
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 65,422 67,146
65,422 67,146
CURRENT ASSETS
Debtors 5 (400 ) -
(400 ) -
Creditors: Amounts Falling Due Within One Year 6 (15,022 ) (16,099 )
NET CURRENT ASSETS (LIABILITIES) (15,422 ) (16,099 )
TOTAL ASSETS LESS CURRENT LIABILITIES 50,000 51,047
Creditors: Amounts Falling Due After More Than One Year 7 (55,656 ) (59,539 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (474 ) (557 )
NET LIABILITIES (6,130 ) (9,049 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (6,230 ) (9,149 )
SHAREHOLDERS' FUNDS (6,130) (9,049)
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
Naji Abdul Malak
Director
08/07/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Elements Of Health Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03602104 . The registered office is 64 Bethel Street, Norwich, Norfolk, NR2 1NR.
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 comprises the invoiced value of rent receivable and sales of goods and services. Turnover is not subject to value added tax.
2.3. 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 2% Reducing Balance
Plant & Machinery 25% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 20% on cost
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:
2023 2022
Office and administration 2 2
2 2
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2023 111,097 1,820 24,341 4,186 141,444
As at 31 December 2023 111,097 1,820 24,341 4,186 141,444
Depreciation
As at 1 January 2023 46,885 1,820 21,407 4,186 74,298
Provided during the period 1,284 - 440 - 1,724
As at 31 December 2023 48,169 1,820 21,847 4,186 76,022
Net Book Value
As at 31 December 2023 62,928 - 2,494 - 65,422
As at 1 January 2023 64,212 - 2,934 - 67,146
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors (400 ) -
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 11,860 12,948
Corporation tax 2,263 2,253
Accruals and deferred income 899 898
15,022 16,099
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 46,443 51,326
Directors loan account 9,213 8,213
55,656 59,539
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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