Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 10202330 Ms Victoria Norman Mr Benedict Thomas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10202330 2023-05-31 10202330 2024-05-31 10202330 2023-06-01 2024-05-31 10202330 frs-core:CurrentFinancialInstruments 2024-05-31 10202330 frs-core:Non-currentFinancialInstruments 2024-05-31 10202330 frs-core:OtherResidualIntangibleAssets 2024-05-31 10202330 frs-core:OtherResidualIntangibleAssets 2023-05-31 10202330 frs-core:PlantMachinery 2024-05-31 10202330 frs-core:PlantMachinery 2023-06-01 2024-05-31 10202330 frs-core:PlantMachinery 2023-05-31 10202330 frs-core:SharePremium 2024-05-31 10202330 frs-core:ShareCapital 2024-05-31 10202330 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10202330 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10202330 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10202330 frs-bus:SmallEntities 2023-06-01 2024-05-31 10202330 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10202330 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10202330 frs-bus:Director1 2023-06-01 2024-05-31 10202330 frs-bus:Director2 2023-06-01 2024-05-31 10202330 frs-countries:EnglandWales 2023-06-01 2024-05-31 10202330 2022-05-31 10202330 2023-05-31 10202330 2022-06-01 2023-05-31 10202330 frs-core:CurrentFinancialInstruments 2023-05-31 10202330 frs-core:Non-currentFinancialInstruments 2023-05-31 10202330 frs-core:SharePremium 2023-05-31 10202330 frs-core:ShareCapital 2023-05-31 10202330 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 10202330
Signum-Health Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10202330
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 - 55
- 55
CURRENT ASSETS
Debtors 6 43,061 48,978
Cash at bank and in hand 72,814 118,450
115,875 167,428
Creditors: Amounts Falling Due Within One Year 7 (40,207 ) (56,061 )
NET CURRENT ASSETS (LIABILITIES) 75,668 111,367
TOTAL ASSETS LESS CURRENT LIABILITIES 75,668 111,422
Creditors: Amounts Falling Due After More Than One Year 8 (13,305 ) (13,060 )
NET ASSETS 62,363 98,362
CAPITAL AND RESERVES
Called up share capital 9 2 3
Share premium account 931,593 931,593
Profit and Loss Account (869,232 ) (833,234 )
SHAREHOLDERS' FUNDS 62,363 98,362
Page 1
Page 2
For the year ending 31 May 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
Ms Victoria Norman
Director
2 August 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Signum-Health Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10202330 . The registered office is Britannia House, Caerphilly Business Park, Caerphilly, CF83 3GG.
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. Turnover
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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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:
Plant & Machinery 33% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 2)
3 2
4. Intangible Assets
Other
£
Cost
As at 1 June 2023 56,000
As at 31 May 2024 56,000
Amortisation
As at 1 June 2023 56,000
As at 31 May 2024 56,000
Net Book Value
As at 31 May 2024 -
As at 1 June 2023 -
Page 3
Page 4
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 June 2023 9,936
As at 31 May 2024 9,936
Depreciation
As at 1 June 2023 9,881
Provided during the period 55
As at 31 May 2024 9,936
Net Book Value
As at 31 May 2024 -
As at 1 June 2023 55
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,427 3,539
Other debtors 36,634 45,439
43,061 48,978
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) 366
Bank loans and overdrafts 7 9,277
Other creditors 4,215 28,856
Taxation and social security 35,986 17,562
40,207 56,061
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 13,305 13,060
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 3
Page 4