AYU HEALTH LTD

Company Registration Number:
11816948 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

AYU HEALTH LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

Balance sheet
Notes

AYU HEALTH LTD

Balance sheet

As at 29 February 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 663,102 36,967
Tangible assets: 4 876,794 860,777
Total fixed assets: 1,539,896 897,744
Current assets
Stocks: 77,437 35,285
Debtors:   253,553 144,707
Cash at bank and in hand: 157,482 69,790
Total current assets: 488,472 249,782
Creditors: amounts falling due within one year:   (892,779) (308,105)
Net current assets (liabilities): (404,307) (58,323)
Total assets less current liabilities: 1,135,589 839,421
Creditors: amounts falling due after more than one year:   (926,314) (615,950)
Total net assets (liabilities): 209,275 223,471
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 209,273 223,469
Shareholders funds: 209,275 223,471

The notes form part of these financial statements

AYU HEALTH LTD

Balance sheet statements

For the year ending 29 February 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 November 2024
and signed on behalf of the board by:

Name: Mrs Ayoniza Saini
Status: Director

The notes form part of these financial statements

AYU HEALTH LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Tangible fixed assets and depreciation policy

Land and building None Fixtures fitting and equipment 25 % reducing balance method

Intangible fixed assets and amortisation policy

No amortization of goodwill is undertaken.

AYU HEALTH LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

2. Employees

2024 2023
Average number of employees during the period 14 5

AYU HEALTH LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Intangible Assets

Total
Cost £
At 01 March 2023 36,967
Additions 626,135
At 29 February 2024 663,102
Net book value
At 29 February 2024 663,102
At 28 February 2023 36,967

AYU HEALTH LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Tangible Assets

Total
Cost £
At 01 March 2023 862,879
Additions 18,454
At 29 February 2024 881,333
Depreciation
At 01 March 2023 2,102
Charge for year 2,437
At 29 February 2024 4,539
Net book value
At 29 February 2024 876,794
At 28 February 2023 860,777

AYU HEALTH LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Loans to directors

AYU HEALTH LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

6. Related party transactions

Name of the related party: The directors
Relationship:
The directors
Description of the Transaction: The director maintains an account with the company. At the balance sheet date the balance in favour of the director was for £246,789 (£103,850 : 2023).
£
Balance at 01 March 2023 103,850
Balance at 29 February 2024 246,789