Acorah Software Products - Accounts Production 16.1.300 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 13199413 Mr John Corney Mrs Peggy Corney Mr Paul Rodgers Mr James Avery Birketts Secretaries Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13199413 2023-06-30 13199413 2024-06-30 13199413 2023-07-01 2024-06-30 13199413 frs-core:CurrentFinancialInstruments 2024-06-30 13199413 frs-core:Non-currentFinancialInstruments 2024-06-30 13199413 frs-core:ComputerEquipment 2024-06-30 13199413 frs-core:ComputerEquipment 2023-07-01 2024-06-30 13199413 frs-core:ComputerEquipment 2023-06-30 13199413 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-01 2024-06-30 13199413 frs-core:OtherResidualIntangibleAssets 2024-06-30 13199413 frs-core:OtherResidualIntangibleAssets 2023-07-01 2024-06-30 13199413 frs-core:OtherResidualIntangibleAssets 2023-06-30 13199413 frs-core:ShareCapital 2024-06-30 13199413 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 13199413 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 13199413 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 13199413 frs-bus:SmallEntities 2023-07-01 2024-06-30 13199413 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 13199413 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 13199413 frs-core:CostValuation 2023-06-30 13199413 frs-core:CostValuation 2024-06-30 13199413 frs-core:ProvisionsForImpairmentInvestments 2023-06-30 13199413 frs-core:ProvisionsForImpairmentInvestments 2024-06-30 13199413 frs-bus:Director1 2023-07-01 2024-06-30 13199413 frs-bus:Director2 2023-07-01 2024-06-30 13199413 frs-bus:Director3 2023-07-01 2024-06-30 13199413 frs-bus:Director4 2023-07-01 2024-06-30 13199413 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 13199413 frs-countries:EnglandWales 2023-07-01 2024-06-30 13199413 2022-06-30 13199413 2023-06-30 13199413 2022-07-01 2023-06-30 13199413 frs-core:CurrentFinancialInstruments 2023-06-30 13199413 frs-core:Non-currentFinancialInstruments 2023-06-30 13199413 frs-core:ShareCapital 2023-06-30 13199413 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Atlas Health Group Limited
Financial Statements
For The Year Ended 30 June 2024
TaxAssist Accountants
133 Station Road
Sidcup
DA15 7AA
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 13199413
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 25,071 28,205
Tangible Assets 5 1,972 1,758
Investments 6 1,389,722 1,389,722
1,416,765 1,419,685
CURRENT ASSETS
Debtors 7 201,867 138,662
Cash at bank and in hand 214 5,304
202,081 143,966
Creditors: Amounts Falling Due Within One Year 8 (1,141,899 ) (1,256,778 )
NET CURRENT ASSETS (LIABILITIES) (939,818 ) (1,112,812 )
TOTAL ASSETS LESS CURRENT LIABILITIES 476,947 306,873
Creditors: Amounts Falling Due After More Than One Year 9 (668,737 ) (776,757 )
NET LIABILITIES (191,790 ) (469,884 )
CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Profit and Loss Account (192,790 ) (470,884 )
SHAREHOLDERS' FUNDS (191,790) (469,884)
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For the year ending 30 June 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 John Corney
Director
19 February 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Atlas Health Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13199413 . The registered office is 133 Station Road, Sidcup, Kent, DA15 7AA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting
Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies
Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of
section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true
and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the
revaluation of freehold properties and to include investment properties and certain financial instruments at
fair value. The principal accounting policies adopted are set out below.
2.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis. Due to the financial position of the company, the validity of this basis is conditional on the support of the companys directors and shareholders. 
On this basis, the directors consider that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of their support.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are software. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.5. 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:
Computer Equipment 25% Straight Line
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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.
2.7. Investments in subsidiaries
Investments in subsidiaries are included at cost less impairment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 7)
8 7
4. Intangible Assets
Other
£
Cost
As at 1 July 2023 31,339
As at 30 June 2024 31,339
Amortisation
As at 1 July 2023 3,134
Provided during the period 3,134
As at 30 June 2024 6,268
Net Book Value
As at 30 June 2024 25,071
As at 1 July 2023 28,205
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5. Tangible Assets
Computer Equipment
£
Cost
As at 1 July 2023 2,360
Additions 1,072
As at 30 June 2024 3,432
Depreciation
As at 1 July 2023 602
Provided during the period 858
As at 30 June 2024 1,460
Net Book Value
As at 30 June 2024 1,972
As at 1 July 2023 1,758
6. Investments
Other
£
Cost
As at 1 July 2023 1,389,722
As at 30 June 2024 1,389,722
Provision
As at 1 July 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 1,389,722
As at 1 July 2023 1,389,722
7. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 48,339 41,355
Other debtors 153,528 97,307
201,867 138,662
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 25,508 26,205
Amounts owed to group undertakings 608,975 945,741
Other creditors 502,886 280,074
Taxation and social security 4,530 4,758
1,141,899 1,256,778
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to group undertakings 346,432 533,116
Other creditors 322,305 243,641
668,737 776,757
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
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