Acorah Software Products - Accounts Production 15.0.600 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10731918 Dr P Moore iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10731918 2023-04-30 10731918 2024-04-30 10731918 2023-05-01 2024-04-30 10731918 frs-core:CurrentFinancialInstruments 2024-04-30 10731918 frs-core:ComputerEquipment 2024-04-30 10731918 frs-core:ComputerEquipment 2023-05-01 2024-04-30 10731918 frs-core:ComputerEquipment 2023-04-30 10731918 frs-core:ShareCapital 2024-04-30 10731918 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10731918 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10731918 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10731918 frs-bus:SmallEntities 2023-05-01 2024-04-30 10731918 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10731918 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10731918 frs-bus:Director1 2023-05-01 2024-04-30 10731918 frs-countries:EnglandWales 2023-05-01 2024-04-30 10731918 2022-04-30 10731918 2023-04-30 10731918 2022-05-01 2023-04-30 10731918 frs-core:CurrentFinancialInstruments 2023-04-30 10731918 frs-core:ShareCapital 2023-04-30 10731918 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10731918
Herts Cardiology Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Goldwyns London LLP
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 10731918
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,066 869
1,066 869
CURRENT ASSETS
Debtors 5 11,140 -
Cash at bank and in hand 321,731 260,259
332,871 260,259
Creditors: Amounts Falling Due Within One Year 6 (65,171 ) (47,268 )
NET CURRENT ASSETS (LIABILITIES) 267,700 212,991
TOTAL ASSETS LESS CURRENT LIABILITIES 268,766 213,860
PROVISIONS FOR LIABILITIES
Deferred Taxation (267 ) (169 )
NET ASSETS 268,499 213,691
CAPITAL AND RESERVES
Called up share capital 7 104 104
Income Statement 268,395 213,587
SHAREHOLDERS' FUNDS 268,499 213,691
Page 1
Page 2
For the year ending 30 April 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 Income Statement.
On behalf of the board
Dr P Moore
Director
15/10/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Herts Cardiology Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10731918 . The registered office is C/O Goldwyns London LLP, No.1 Royal Exchange, London, EC3V 3DG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in UK sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.

The principle accounting policies adopted are set below.
2.2. Going Concern Disclosure
The director has considered the prospect of the business for the next twelve months and beyond and has arrived at a reasonable expectation the company will continue to meet its obligations as they fall due. The director has also pledged their financial support to assist with this if required. On this basis, the director will continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Computer Equipment 33.33% Straight Line
2.5. 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 statement of financial position date.

Deferred Tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
2.6. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
2.7. Cash And Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Page 3
Page 4
2.8. Critical Accounting Judgements And Key Sources of Estimation Uncertainty
In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.

The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.

The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:

Accrued Expenditure

The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 May 2023 6,468
Additions 1,599
As at 30 April 2024 8,067
Depreciation
As at 1 May 2023 5,599
Provided during the period 1,402
As at 30 April 2024 7,001
Net Book Value
As at 30 April 2024 1,066
As at 1 May 2023 869
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 11,140 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 65,171 46,294
Director's loan account - 974
65,171 47,268
Page 4
Page 5
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 104 104
The nominal value per share is £1. As at year-end, there are 100 Ordinary shares, 1 Ordinary B share and 3 Ordinary C shares in issue.
8. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 139,764 110,718
Page 5