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 06913791 Mr C A Lewis Mr G A Lewis Mr G A Lewis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06913791 2023-05-31 06913791 2024-05-31 06913791 2023-06-01 2024-05-31 06913791 frs-core:CurrentFinancialInstruments 2024-05-31 06913791 frs-core:Non-currentFinancialInstruments 2024-05-31 06913791 frs-core:ShareCapital 2024-05-31 06913791 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 06913791 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 06913791 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 06913791 frs-bus:SmallEntities 2023-06-01 2024-05-31 06913791 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 06913791 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 06913791 frs-bus:Director1 2023-06-01 2024-05-31 06913791 frs-bus:Director1 2023-05-31 06913791 frs-bus:Director1 2024-05-31 06913791 frs-bus:Director2 2023-06-01 2024-05-31 06913791 frs-bus:Director2 2023-05-31 06913791 frs-bus:Director2 2024-05-31 06913791 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 06913791 frs-countries:EnglandWales 2023-06-01 2024-05-31 06913791 2022-05-31 06913791 2023-05-31 06913791 2022-06-01 2023-05-31 06913791 frs-core:CurrentFinancialInstruments 2023-05-31 06913791 frs-core:Non-currentFinancialInstruments 2023-05-31 06913791 frs-core:ShareCapital 2023-05-31 06913791 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 06913791
THI Healthcare Development Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06913791
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 17,304 78,739
Cash at bank and in hand 230 52
17,534 78,791
Creditors: Amounts Falling Due Within One Year 5 (77,688 ) (164,846 )
NET CURRENT ASSETS (LIABILITIES) (60,154 ) (86,055 )
TOTAL ASSETS LESS CURRENT LIABILITIES (60,154 ) (86,055 )
Creditors: Amounts Falling Due After More Than One Year 6 (3,256 ) (5,363 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (12,351 ) (11,236 )
NET LIABILITIES (75,761 ) (102,654 )
CAPITAL AND RESERVES
Called up share capital 7 10 10
Profit and Loss Account (75,771 ) (102,664 )
SHAREHOLDERS' FUNDS (75,761) (102,654)
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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
Mr G A Lewis
Director
19 February 2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
THI Healthcare Development Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06913791 . The registered office is Hanover Buildings, 11-13 Hanover Street, Liverpool, Merseyside, L1 3DN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
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.
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. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Debtors
2024 2023
£ £
Due within one year
Other debtors - 51,644
VAT - 204
Directors' loan accounts 17,304 26,891
17,304 78,739
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1,185
Bank loans and overdrafts 2,000 2,000
Other creditors 73,277 158,799
Accruals and deferred income 2,411 2,862
77,688 164,846
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6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,256 5,363
3,256 5,363
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 June 2023 Amounts advanced Amounts repaid Amounts written off As at 31 May 2024
£ £ £ £ £
Mr Carl Lewis 13,702 - 9,587 - 4,115
Mr Garry Lewis 13,189 - - - 13,189
The above loan is unsecured, interest free and repayable on demand.
9. Related Party Transactions
The following related party transactions were undertaken during the year:
During the period, a company under common control, provided no advances and no repayments were made. At the balance sheet date the amounts due from THI Healthcare Developments Limited totalled £73,277 (2023: £73,277).
No dividends were paid to the directors or shareholders in respect of their shareholdings.
No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
10. Going Concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
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