Acorah Software Products - Accounts Production 16.1.200 false true true 30 April 2023 5 May 2022 false 31 January 2025 1 May 2023 30 April 2024 30 April 2024 14089097 Dr Anil Ohri Regent's Park Healthcare Limited Close Gate House, 47 High Street, Salisbury, Wiltshire. England, SP1 2PB true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14089097 2023-04-30 14089097 2024-04-30 14089097 2023-05-01 2024-04-30 14089097 frs-core:CurrentFinancialInstruments 2024-04-30 14089097 frs-core:ComputerEquipment 2024-04-30 14089097 frs-core:ComputerEquipment 2023-05-01 2024-04-30 14089097 frs-core:ComputerEquipment 2023-04-30 14089097 frs-core:FurnitureFittings 2024-04-30 14089097 frs-core:FurnitureFittings 2023-05-01 2024-04-30 14089097 frs-core:FurnitureFittings 2023-04-30 14089097 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 14089097 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 14089097 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 14089097 frs-core:PlantMachinery 2024-04-30 14089097 frs-core:PlantMachinery 2023-05-01 2024-04-30 14089097 frs-core:PlantMachinery 2023-04-30 14089097 frs-core:ShareCapital 2024-04-30 14089097 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 14089097 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 14089097 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 14089097 frs-bus:SmallEntities 2023-05-01 2024-04-30 14089097 frs-bus:Audited 2023-05-01 2024-04-30 14089097 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 14089097 1 2023-05-01 2024-04-30 14089097 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-04-30 14089097 frs-bus:Director1 2023-05-01 2024-04-30 14089097 frs-countries:EnglandWales 2023-05-01 2024-04-30 14089097 2022-05-04 14089097 2023-04-30 14089097 2022-05-05 2023-04-30 14089097 frs-core:CurrentFinancialInstruments 2023-04-30 14089097 frs-core:ShareCapital 2023-04-30 14089097 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 14089097 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-04-30
Registered number: 14089097
RPH Capital Ltd
Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14089097
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,837 1,640,497
Investment Properties 5 3,100,000 -
3,121,837 1,640,497
CURRENT ASSETS
Debtors 6 19,977 20,473
Cash at bank and in hand 2,543 151,167
22,520 171,640
Creditors: Amounts Falling Due Within One Year 7 (2,034,114 ) (1,805,555 )
NET CURRENT ASSETS (LIABILITIES) (2,011,594 ) (1,633,915 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,110,243 6,582
PROVISIONS FOR LIABILITIES
Deferred Taxation (288,891 ) (779 )
NET ASSETS 821,352 5,803
CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 9 850,294 -
Profit and Loss Account (29,042 ) 5,703
SHAREHOLDERS' FUNDS 821,352 5,803
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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
Dr Anil Ohri
Director
30 January 2025
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
RPH Capital Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14089097 . The registered office is Close Gate House, 47 High Street, Salisbury, Wiltshire, SP1 2PB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
These financial statements are presented in pound sterling which is the functional currency of the company.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is represented by revenue earned from the rental of investment property.
2.4. Tangible Fixed Assets and Depreciation
Land and buildings are measured at fair value less accumulated depreciation and any accumulated impairment losses
Other 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:
Plant & Machinery 10 years straight line
Fixtures & Fittings 10 years straight line
Computer Equipment 10 years straight line
2.5. Financial Instruments
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially measured at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.6. 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 years 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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2.7. Share Capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other
resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and
the time value of money is material, the initial measurement is on a present value basis.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost or Valuation
As at 1 May 2023 1,637,380 - 3,400 - 1,640,780
Additions 328,894 4,120 11,746 4,200 348,960
Transfers (1,966,274 ) - - - (1,966,274 )
As at 30 April 2024 - 4,120 15,146 4,200 23,466
Depreciation
As at 1 May 2023 - - 283 - 283
Provided during the period - 378 926 42 1,346
As at 30 April 2024 - 378 1,209 42 1,629
Net Book Value
As at 30 April 2024 - 3,742 13,937 4,158 21,837
As at 1 May 2023 1,637,380 - 3,117 - 1,640,497
Included within the net book value of land and buildings above is £Nil (2023 - £1,637,380) in respect of freehold land and buildings.
5. Investment Property
2024
£
Fair Value
As at 1 May 2023 -
Revaluations 1,133,726
Transfers 1,966,274
As at 30 April 2024 3,100,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 1,966,274 1,637,380
The investment property was subject to an independent, professional valuation at 26 October 2024. Additions between the year end date and the revaluation date have been deducted, resulting in a fair value of £3.1m.
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6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 19,977 20,473
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,237 31,527
Other taxes and social security - 570
Accruals and deferred income 359 3,418
Amounts owed to parent undertaking 2,030,518 1,770,040
2,034,114 1,805,555
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Fair Value Reserve
£
Movements in fair value reserve 850,294
As at 30 April 2024 850,294
10. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our accountants to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
11. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Regent's Park Healthcare Limited . Regent's Park Healthcare Limited was incorporated in England & Wales. Copies of the group accounts may be obtained from the secretary, Close Gate House, 47 High Street, Salisbury, Wiltshire. England, SP1 2PB .
12. Audit Information
The auditor's report on the accounts of RPH Capital Ltd for the year ended 30 April 2024 was unqualified.
The auditor's report was signed by Caroline Webster (Senior Statutory Auditor) for and on behalf of UHY Ross Brooke , Statutory Auditor.
UHY Ross Brooke
Suite I Windrush Court
Abingdon Business Park
Abingdon
Oxfordshire
OX14 1SY
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