Acorah Software Products - Accounts Production 16.1.300 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 07589098 T Wilson D F Cushman G Hodgson DA Secretarial Limited false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07589098 2023-04-30 07589098 2024-04-30 07589098 2023-05-01 2024-04-30 07589098 frs-core:CurrentFinancialInstruments 2024-04-30 07589098 frs-core:Non-currentFinancialInstruments 2024-04-30 07589098 frs-core:ComputerEquipment 2024-04-30 07589098 frs-core:ComputerEquipment 2023-05-01 2024-04-30 07589098 frs-core:ComputerEquipment 2023-04-30 07589098 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-01 2024-04-30 07589098 frs-core:OtherResidualIntangibleAssets 2024-04-30 07589098 frs-core:OtherResidualIntangibleAssets 2023-04-30 07589098 frs-core:SharePremium 2024-04-30 07589098 frs-core:ShareCapital 2024-04-30 07589098 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 07589098 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07589098 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 07589098 frs-bus:SmallEntities 2023-05-01 2024-04-30 07589098 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07589098 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07589098 1 2023-05-01 2024-04-30 07589098 frs-core:UnlistedNon-exchangeTraded 2024-04-30 07589098 frs-core:UnlistedNon-exchangeTraded 2023-04-30 07589098 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-04-30 07589098 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 07589098 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-04-30 07589098 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-04-30 07589098 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 07589098 frs-bus:Director1 2023-05-01 2024-04-30 07589098 frs-bus:Director2 2023-05-01 2024-04-30 07589098 frs-bus:Director3 2023-05-01 2024-04-30 07589098 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 07589098 frs-core:CurrentFinancialInstruments 1 2024-04-30 07589098 frs-countries:EnglandWales 2023-05-01 2024-04-30 07589098 2022-04-30 07589098 2023-04-30 07589098 2022-05-01 2023-04-30 07589098 frs-core:CurrentFinancialInstruments 2023-04-30 07589098 frs-core:Non-currentFinancialInstruments 2023-04-30 07589098 frs-core:SharePremium 2023-04-30 07589098 frs-core:ShareCapital 2023-04-30 07589098 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 07589098 frs-core:CurrentFinancialInstruments 1 2023-04-30
Registered number: 07589098
Health Currancy Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Radford & Sergeant Limited
Building 3
Watchmoor Park
Camberley
Surrey
GU15 3YL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07589098
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 6 20,824 19,675
20,824 19,675
CURRENT ASSETS
Stocks 7 54,690 90,532
Debtors 8 67,349 66,714
Cash at bank and in hand 28,914 9,752
150,953 166,998
Creditors: Amounts Falling Due Within One Year 9 (113,218 ) (99,002 )
NET CURRENT ASSETS (LIABILITIES) 37,735 67,996
TOTAL ASSETS LESS CURRENT LIABILITIES 58,559 87,671
Creditors: Amounts Falling Due After More Than One Year 10 (49,736 ) (73,011 )
NET ASSETS 8,823 14,660
CAPITAL AND RESERVES
Called up share capital 11 137 125
Share premium account 337,234 337,246
Profit and Loss Account (328,548 ) (322,711 )
SHAREHOLDERS' FUNDS 8,823 14,660
Page 1
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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 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.
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
D F Cushman
Director
3 December 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 Currancy Ltd Registered number 07589098 is a limited by shares company incorporated in England & Wales. The Registered Office is c/o Radford Sergeant, Building 3, Watchmoor Park, Camberley, GU15 3YL.
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. Going Concern Disclosure
The financial statements have been prepared on a going concern basis.
2.3. Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets comprise costs associated with the development of the company's website. The costs are amortised over the assets estimated economic life of 3 years.
2.5. 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:
Computer Equipment 33% on reducing balance
2.6. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.7. 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.
2.8. 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.
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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. Intangible Assets
Other
£
Cost
As at 1 May 2023 6,200
As at 30 April 2024 6,200
Amortisation
As at 1 May 2023 6,200
As at 30 April 2024 6,200
Net Book Value
As at 30 April 2024 -
As at 1 May 2023 -
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 May 2023 3,071
As at 30 April 2024 3,071
Depreciation
As at 1 May 2023 3,071
As at 30 April 2024 3,071
Net Book Value
As at 30 April 2024 -
As at 1 May 2023 -
6. Investments
Unlisted
£
Cost
As at 1 May 2023 19,675
Additions 1,149
As at 30 April 2024 20,824
...CONTINUED
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Provision
As at 1 May 2023 -
As at 30 April 2024 -
Net Book Value
As at 30 April 2024 20,824
As at 1 May 2023 19,675
Unlisted Investment

Curranz NZ Limited

Investments include a 5,100 shares at a cost of $5,100 NZD in Curranz NZ Limited which is a supplement distibution company based in New Zealand.
7. Stocks
2024 2023
£ £
Finished goods 54,690 90,532
8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,029 4,118
Prepayments and accrued income - 721
Deferred tax current asset 61,320 59,994
Other taxes and social security - 1,881
67,349 66,714
9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 8,382 9,585
Bank loans and overdrafts 30,835 35,343
VAT 6,881 3,642
Other creditors 4,565 (157 )
Other creditors - CNZ -DF 24,627 22,634
Accruals and deferred income - 11,728
Directors' loan accounts 37,928 16,227
113,218 99,002
10. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 49,736 73,011
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11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 137 125
12. Related Party Transactions
D F CushmanDirectors LoanWithin the creditors figure is the directors loan to the company which was £37,928 (2023: £16,227).

D F Cushman

Directors Loan

Within the creditors figure is the directors loan to the company which was £37,928 (2023: £16,227).

Compound interest on the directors' loans has been accrued at 6% on the loan outstanding at the year end. Repayment in full is due upon the directors discretion.
13. Controlling Party Not Known
The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.
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