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 11972936 A J Sadeh S S Sam-Daliri iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11972936 2023-05-31 11972936 2024-05-31 11972936 2023-06-01 2024-05-31 11972936 frs-core:CurrentFinancialInstruments 2024-05-31 11972936 frs-core:Non-currentFinancialInstruments 2024-05-31 11972936 frs-core:ComputerEquipment 2024-05-31 11972936 frs-core:ComputerEquipment 2023-06-01 2024-05-31 11972936 frs-core:ComputerEquipment 2023-05-31 11972936 frs-core:FurnitureFittings 2024-05-31 11972936 frs-core:FurnitureFittings 2023-06-01 2024-05-31 11972936 frs-core:FurnitureFittings 2023-05-31 11972936 frs-core:ShareCapital 2024-05-31 11972936 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 11972936 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11972936 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 11972936 frs-bus:SmallEntities 2023-06-01 2024-05-31 11972936 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11972936 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 11972936 frs-bus:Director1 2023-06-01 2024-05-31 11972936 frs-bus:Director2 2023-06-01 2024-05-31 11972936 frs-countries:EnglandWales 2023-06-01 2024-05-31 11972936 2022-05-31 11972936 2023-05-31 11972936 2022-06-01 2023-05-31 11972936 frs-core:CurrentFinancialInstruments 2023-05-31 11972936 frs-core:Non-currentFinancialInstruments 2023-05-31 11972936 frs-core:ShareCapital 2023-05-31 11972936 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 11972936
Aristo Health Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11972936
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,525 2,311
1,525 2,311
CURRENT ASSETS
Debtors 5 58,436 77,142
Cash at bank and in hand 4,630 2,591
63,066 79,733
Creditors: Amounts Falling Due Within One Year 6 (53,153 ) (43,742 )
NET CURRENT ASSETS (LIABILITIES) 9,913 35,991
TOTAL ASSETS LESS CURRENT LIABILITIES 11,438 38,302
Creditors: Amounts Falling Due After More Than One Year 7 (69,667 ) (79,667 )
NET LIABILITIES (58,229 ) (41,365 )
CAPITAL AND RESERVES
Called up share capital 8 1,020 1,020
Profit and Loss Account (59,249 ) (42,385 )
SHAREHOLDERS' FUNDS (58,229) (41,365)
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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
A J Sadeh
Director
25 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
Aristo Health Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11972936 . The registered office is 528 Wimborne Road, Bournemouth, BH9 2EX.
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:
Fixtures & Fittings 25% reducing balance
Computer Equipment 33.33% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 June 2023 3,266 2,027 5,293
As at 31 May 2024 3,266 2,027 5,293
Depreciation
As at 1 June 2023 1,786 1,196 2,982
Provided during the period 371 415 786
As at 31 May 2024 2,157 1,611 3,768
Net Book Value
As at 31 May 2024 1,109 416 1,525
As at 1 June 2023 1,480 831 2,311
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 19,798 33,020
Amounts owed by participating interests 36,003 39,894
Other debtors 2,635 4,228
58,436 77,142
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 428
Bank loans and overdrafts 10,000 10,000
Amounts owed to participating interests 38,722 29,645
Other creditors 954 954
Taxation and social security 3,477 2,715
53,153 43,742
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 11,667 21,667
Amounts owed to participating interests 58,000 58,000
69,667 79,667
8. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 1,020 1,020
Amount of Allotted, Called Up Share Capital 1,020 1,020
9. Related Party Transactions
During the period the company has received funding from ASN Capital Limited, a company in which Mr Sadeh is also a director.  The amount provided in the period was £1,329 (2023 -  £1,699).  As at the balance sheet date £7,927 (2023 - £6,598) was owed to ASN Capital Limited.
During the period the company has received funding from ASN Capital Investments Limited, a company in which Mr Sadeh is also a director.  The amount repaid in the period was £3,891 (2023 - £4,949).  As at the balance sheet date £36,003 (2023 - £39,894) was owed by ASN Capital Investments Limited.
As previously reported some of the funds owed to ASN Capital Investments Limited were converted to a long term subordinated loan.  The amount transferred was £nil (2023 - £nil) and as at the balance sheet date the amount owed to ASN Capital Investments Limited was £58,000 (2023 - £58,000).
During the period the company has received funding from ASN Capital Lettings Limited, a company in which Mr Sadeh is also a director.  The amount provided in the period was £7,700 (2023 -  £7,700).  As at the balance sheet date £27,855 (2023 - £20,155) was owed to ASN Capital Lettings Limited.
During the period the company has received funding from ASN Capital Project Alpha Limited, a company in which Mr Sadeh is also a director.  The amount provided in the period was £nil (2023 -  £nil).  As at the balance sheet date £1,698 (2023 - £1,698) was owed to ASN Capital Project Alpha Limited.
During the period the company has received funding from ASN Capital Construction Limited, a company in which Mr Sadeh is also a director.  The amount provided in the period was £48 (2023 - £415).  As at the balance sheet date £1,243 (2023 - £1,195) was owed to ASN Capital Construction Limited.
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