Acorah Software Products - Accounts Production 15.0.600 false true false 20 April 2023 31 August 2024 31 August 2024 14817633 Mr Samit Biswas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14817633 2023-04-19 14817633 2024-08-31 14817633 2023-04-20 2024-08-31 14817633 frs-core:CurrentFinancialInstruments 2024-08-31 14817633 frs-core:Non-currentFinancialInstruments 2024-08-31 14817633 frs-core:BetweenOneFiveYears 2024-08-31 14817633 frs-core:ComputerEquipment 2024-08-31 14817633 frs-core:ComputerEquipment 2023-04-20 2024-08-31 14817633 frs-core:ComputerEquipment 2023-04-19 14817633 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-20 2024-08-31 14817633 frs-core:FurnitureFittings 2024-08-31 14817633 frs-core:FurnitureFittings 2023-04-20 2024-08-31 14817633 frs-core:FurnitureFittings 2023-04-19 14817633 frs-core:MotorVehicles 2024-08-31 14817633 frs-core:MotorVehicles 2023-04-20 2024-08-31 14817633 frs-core:MotorVehicles 2023-04-19 14817633 frs-core:OtherResidualIntangibleAssets 2024-08-31 14817633 frs-core:OtherResidualIntangibleAssets 2023-04-20 2024-08-31 14817633 frs-core:OtherResidualIntangibleAssets 2023-04-19 14817633 frs-core:WithinOneYear 2024-08-31 14817633 frs-core:OtherReservesSubtotal 2024-08-31 14817633 frs-core:SharePremium 2024-08-31 14817633 frs-core:ShareCapital 2024-08-31 14817633 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 14817633 frs-bus:PrivateLimitedCompanyLtd 2023-04-20 2024-08-31 14817633 frs-bus:FilletedAccounts 2023-04-20 2024-08-31 14817633 frs-bus:SmallEntities 2023-04-20 2024-08-31 14817633 frs-bus:AuditExempt-NoAccountantsReport 2023-04-20 2024-08-31 14817633 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-20 2024-08-31 14817633 frs-bus:Director1 2023-04-20 2024-08-31 14817633 frs-countries:EnglandWales 2023-04-20 2024-08-31
Registered number: 14817633
Health Tech Services Group Limited
Unaudited Financial Statements
For the Period 20 April 2023 to 31 August 2024
Thorne Smith Accountants Ltd T/A MSB Benfleet
105 London Road
Tarpots Corner
Benfleet
Essex
SS7 5TG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 14817633
31 August 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 431,000
Tangible Assets 5 63,709
494,709
CURRENT ASSETS
Debtors 6 11,675
Cash at bank and in hand 1,555
13,230
Creditors: Amounts Falling Due Within One Year 7 (203,772 )
NET CURRENT ASSETS (LIABILITIES) (190,542 )
TOTAL ASSETS LESS CURRENT LIABILITIES 304,167
Creditors: Amounts Falling Due After More Than One Year 8 (42,043 )
NET ASSETS 262,124
CAPITAL AND RESERVES
Called up share capital 10 1
Share premium account 4,800
Other reserves 431,000
Profit and Loss Account (173,677 )
SHAREHOLDERS' FUNDS 262,124
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For the period ending 31 August 2024 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
Mr Samit Biswas
Director
13/09/2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
Health Tech Services Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14817633 . The registered office is 6 G/J Red Rose Court, Sunnyhurst Road, Blackburn, Lancashire, England, BB2 1PS.
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 - Other Intangible
Other intangible assets are , “Digital Safeguarding”, at technology readiness level (TRL) 7, as we have tested this on our five vehicles, and it’s patent pending. The other technology, the “Clinic at Home” device, is at TRL-1, and we are applying for the patent with the following technology details:
We have three intangible assets brands (Care Safe Mobility, Clinic at Home and WatchRx) and two patent-pending technologies (I-Hiipo and Clinic at Home primary care device).
Enhanced Digital Safeguarding Technology for Care Safe Mobility (TRL-7)
Health Tech Services Group (HTSG) is proud to introduce an innovative upgrade to our Digital Safeguarding Technology for Care Safe Mobility. This cutting-edge solution utilises advanced facial recognition and artificial intelligence (AI) to create a robust safeguarding framework for transporting vulnerable adults and elderly individuals.
The system enhances security during transport by verifying the identity of caregivers and authorised personnel through facial recognition. This authentication ensures that only trusted individuals interact with our clients, significantly reducing the risk of abuse or mishaps.
In addition to identity verification, our technology incorporates live video transmission capabilities, allowing real-time medical monitoring by our smartwatch of each transport scenario. Caregivers, family members, and healthcare professionals can access live feeds to ensure the patient’s safety and well-being throughout the journey.
The integration of GPS location tracking allows stakeholders to monitor the transport route in real-time, ensuring that effective communication and support can be provided should any concerns arise.
Together, these enhancements empower HTSG and its partners to protect vulnerable adults while ensuring peace of mind for families and professionals, creating a safer experience during transit and within care homes.
HTSG's Clinic at Home Device (TRL-1)
Health Tech Services Group (HTSG) is excited to introduce our Clinic at Home device, a groundbreaking solution to enhance remote healthcare delivery. This state-of-the-art device enables remote clinicians to conduct thorough assessments and provide accurate diagnoses using cutting-edge technology, ultimately ensuring timely intervention for patients, particularly in remote areas.
Key Features of the Clinic at Home Device
1. HD Camera: Equipped with a high-definition camera, the device allows clinicians to assess patients in real time visually. This feature enhances the ability to observe symptoms accurately and facilitates virtual consultations, making remote diagnostics more effective.
2. Digital Thermometer: The integrated digital thermometer provides precise temperature measurements, helping clinicians quickly detect fever and other potential infections, which is crucial for diagnosis and treatment decisions.
3. Pulse Oximeter: This device allows for real-time monitoring of oxygen saturation levels, crucial for assessing patients' respiratory health. Clinicians can evaluate respiratory conditions promptly and decide on necessary interventions.
4. ECG Monitoring: The ECG feature enables remote doctors to monitor heart activity, detecting irregularities or acute conditions that may require immediate attention. This capability is vital for managing cardiovascular health from a distance.
...CONTINUED
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2.3. Intangible Fixed Assets and Amortisation - Other Intangible - continued
5. Stethoscope: The digital stethoscope aids in listening to heart and lung sounds, providing vital information about a patient’s condition during remote consultations.
6. Otoscope and Bronchoscope: For ENT evaluations and airway examinations, the integrated otoscope and bronchoscope allow clinicians to perform advanced assessments. This capability ensures thorough examinations of ears, nose, throat, and lungs without needing the patient to travel to a facility.
The Clinic at Home device is designed to connect seamlessly with medical facilities and healthcare professionals, regardless of geographical constraints. This capability is especially beneficial in remote areas, where access to healthcare services may be limited. By providing immediate connectivity to specialised care, patients can receive accurate diagnoses and appropriate medication without delays.
HTSG's Clinic at Home device represents a significant advancement in remote healthcare, combining essential diagnostic tools into a single, user-friendly device. By empowering remote clinicians to assess and diagnose patients effectively, we are committed to improving health outcomes and ensuring timely care is accessible to those most in need. This innovation not only enhances the quality of care provided but also bridges the gap between patients and healthcare facilities, fostering a healthier future for all.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:
Motor Vehicles 33.33% RBM
Fixtures & Fittings 25% RBM
Computer Equipment 25% RBM
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. Foreign Currencies
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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 24
24
4. Intangible Assets
Other
£
Cost
As at 20 April 2023 -
Additions 431,000
As at 31 August 2024 431,000
Net Book Value
As at 31 August 2024 431,000
As at 20 April 2023 -
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5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 20 April 2023 - - - -
Additions 86,906 771 2,800 90,477
As at 31 August 2024 86,906 771 2,800 90,477
Depreciation
As at 20 April 2023 - - - -
Provided during the period 26,006 62 700 26,768
As at 31 August 2024 26,006 62 700 26,768
Net Book Value
As at 31 August 2024 60,900 709 2,100 63,709
As at 20 April 2023 - - - -
6. Debtors
31 August 2024
£
Due within one year
Trade debtors 8,610
Other debtors 3,065
11,675
7. Creditors: Amounts Falling Due Within One Year
31 August 2024
£
Net obligations under finance lease and hire purchase contracts 13,398
Trade creditors 69,890
Other creditors 70,009
Taxation and social security 50,475
203,772
8. Creditors: Amounts Falling Due After More Than One Year
31 August 2024
£
Net obligations under finance lease and hire purchase contracts 42,043
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9. Obligations Under Finance Leases and Hire Purchase
31 August 2024
£
The future minimum finance lease payments are as follows:
Not later than one year 13,398
Later than one year and not later than five years 42,043
55,441
55,441
10. Share Capital
31 August 2024
£
Allotted, Called up and fully paid 1
11. Reserves
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