Acorah Software Products - Accounts Production 16.1.300 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 08170009 Mr M Khoza Ms P Musumali true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08170009 2023-08-31 08170009 2024-08-31 08170009 2023-09-01 2024-08-31 08170009 frs-core:CurrentFinancialInstruments 2024-08-31 08170009 frs-core:ShareCapital 2024-08-31 08170009 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 08170009 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08170009 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 08170009 frs-bus:SmallEntities 2023-09-01 2024-08-31 08170009 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 08170009 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08170009 1 2023-09-01 2024-08-31 08170009 frs-bus:Director1 2023-09-01 2024-08-31 08170009 frs-bus:Director2 2023-09-01 2024-08-31 08170009 frs-countries:EnglandWales 2023-09-01 2024-08-31 08170009 2022-08-31 08170009 2023-08-31 08170009 2022-09-01 2023-08-31 08170009 frs-core:CurrentFinancialInstruments 2023-08-31 08170009 frs-core:ShareCapital 2023-08-31 08170009 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 08170009
Fair Health Care Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Naylor Accountancy Services Limited
25 Hursley Road
Chandler's Ford
Eastleigh
Hampshire
SO53 2FS
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 08170009
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 12,290 60,225
Cash at bank and in hand 13,894 53,646
26,184 113,871
Creditors: Amounts Falling Due Within One Year 5 (26,153 ) (101,967 )
NET CURRENT ASSETS (LIABILITIES) 31 11,904
TOTAL ASSETS LESS CURRENT LIABILITIES 31 11,904
NET ASSETS 31 11,904
CAPITAL AND RESERVES
Called up share capital 6 3 3
Profit and Loss Account 28 11,901
SHAREHOLDERS' FUNDS 31 11,904
For the year ending 31 August 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 P Musumali
Director
6th February 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Fair Health Care Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08170009 . The registered office is 25 Hursley Road, Chandler's Ford, Eastleigh, Hampshire, SO53 2FS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the "requiremetns 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 preapred in sterling, which is hte functional currency of the company. Monetary amounts in these financial statemetns are rounded to the neasrest £.
The financial statements have been preapared under the historical cost convention. The principal accounting policies adopted are set out below.
2.2. Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business,and is shown  net VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
2.3. 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.
2.4. Pensions
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2.5. Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other shor-term liquid investments with original maturities of three months or less, and bank overdrafts are shown within borrowings in current liabilities.
2.6. Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2023: 17)
11 17
Page 2
Page 3
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 9,505 54,598
Other debtors 2,785 5,627
12,290 60,225
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 21,598 47,405
Taxation and social security 4,555 54,562
26,153 101,967
Page 3
Page 4
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
Ordinary share capital Issued and fully paid
2024
Number
2023
Number
2024
£
2023
£
Ordinary"A" Share if £1 each
2
2
2
2
Ordinary "B" Share of £1 each
1
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1
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1
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1
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3
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3
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3
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3
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7. Ultimate Controlling Party
The company's ultimate controlling party is the directors, Ms Peggy Musumali and Mr Mzwandile Khoza  by virtue of their shareholdings.
Page 4