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REGISTERED NUMBER: 08867660 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

SSG PARTNERS LIMITED

SSG PARTNERS LIMITED (REGISTERED NUMBER: 08867660)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

SSG PARTNERS LIMITED

COMPANY INFORMATION
for the Year Ended 29 February 2024







DIRECTORS: Mr R S Stafford
Mr S A Fletcher





REGISTERED OFFICE: 20 Abbots Business Park
Primrose Hill
Kings Langley
WD4 8FR





REGISTERED NUMBER: 08867660 (England and Wales)





ACCOUNTANTS: Beyond Accounting Limited
20 Abbots Business Park
Primrose Hill
Kings Langley
Hertfordshire
WD4 8FR

SSG PARTNERS LIMITED (REGISTERED NUMBER: 08867660)

BALANCE SHEET
29 February 2024

29.2.24 28.2.23
as restated
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 591,027 283,232
Tangible assets 5 8,421 15,118
599,448 298,350

CURRENT ASSETS
Debtors 6 332,938 1,336,300
Cash at bank 12,036 29,056
344,974 1,365,356
CREDITORS
Amounts falling due within one year 7 534,520 191,983
NET CURRENT (LIABILITIES)/ASSETS (189,546 ) 1,173,373
TOTAL ASSETS LESS CURRENT
LIABILITIES

409,902

1,471,723

CAPITAL AND RESERVES
Called up share capital 80 80
Capital redemption reserve 20 20
Retained earnings 409,802 1,471,623
SHAREHOLDERS' FUNDS 409,902 1,471,723

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

SSG PARTNERS LIMITED (REGISTERED NUMBER: 08867660)

BALANCE SHEET - continued
29 February 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 24 September 2024 and were signed on its behalf by:





Mr S A Fletcher - Director


SSG PARTNERS LIMITED (REGISTERED NUMBER: 08867660)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

SSG Partners Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of seven years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% 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.

SSG PARTNERS LIMITED (REGISTERED NUMBER: 08867660)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 February 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Development
costs
£   
COST
At 1 March 2023 310,127
Additions 352,098
At 29 February 2024 662,225
AMORTISATION
At 1 March 2023 26,895
Amortisation for year 44,303
At 29 February 2024 71,198
NET BOOK VALUE
At 29 February 2024 591,027
At 28 February 2023 283,232

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2023 23,234
Additions 1,575
Disposals (3,084 )
At 29 February 2024 21,725
DEPRECIATION
At 1 March 2023 8,116
Charge for year 6,730
Eliminated on disposal (1,542 )
At 29 February 2024 13,304
NET BOOK VALUE
At 29 February 2024 8,421
At 28 February 2023 15,118

SSG PARTNERS LIMITED (REGISTERED NUMBER: 08867660)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 February 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
as restated
£    £   
Trade debtors 36,000 135,600
Amounts owed by group undertakings 231,116 1,157,868
Taxation 2,106 -
Value added tax - 2,914
Deferred tax asset
Accelerated capital allowances 2,105 3,780
Accrued income 57,421 30,944
Prepayments 4,190 5,194
332,938 1,336,300

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
as restated
£    £   
Trade creditors 54,467 24,808
Social security and other taxes 21,777 -
Value added tax 71,956 -
Other creditors 1,871 -
Deferred income 382,599 124,105
Accruals 1,850 43,070
534,520 191,983

8. RELATED PARTY DISCLOSURES

During the year the company paid a dividend of £1,588,346 (2023: £nil) to Real World Health Ltd, the parent undertaking.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SSG PARTNERS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SSG Partners Limited for the year ended 29 February 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of SSG Partners Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SSG Partners Limited and state those matters that we have agreed to state to the Board of Directors of SSG Partners Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that SSG Partners Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of SSG Partners Limited. You consider that SSG Partners Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of SSG Partners Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Beyond Accounting Limited
20 Abbots Business Park
Primrose Hill
Kings Langley
Hertfordshire
WD4 8FR


24 September 2024