Acorah Software Products - Accounts Production 16.2.800 false true 31 March 2023 19 March 2022 false 1 April 2023 31 March 2024 31 March 2024 13989980 A3n Investments Ltd Bcsz Ltd Mr Benjamin Royal BCSZ Ltd false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13989980 2023-03-31 13989980 2024-03-31 13989980 2023-04-01 2024-03-31 13989980 frs-core:CurrentFinancialInstruments 2024-03-31 13989980 frs-core:ComputerEquipment 2024-03-31 13989980 frs-core:ComputerEquipment 2023-04-01 2024-03-31 13989980 frs-core:ComputerEquipment 2023-03-31 13989980 frs-core:FurnitureFittings 2024-03-31 13989980 frs-core:FurnitureFittings 2023-04-01 2024-03-31 13989980 frs-core:FurnitureFittings 2023-03-31 13989980 frs-core:PlantMachinery 2024-03-31 13989980 frs-core:PlantMachinery 2023-04-01 2024-03-31 13989980 frs-core:PlantMachinery 2023-03-31 13989980 frs-core:ShareCapital 2024-03-31 13989980 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13989980 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13989980 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 13989980 frs-bus:SmallEntities 2023-04-01 2024-03-31 13989980 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13989980 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13989980 1 2023-04-01 2024-03-31 13989980 frs-bus:Director1 2023-04-01 2024-03-31 13989980 frs-bus:Director1 2023-03-31 13989980 frs-bus:Director1 2024-03-31 13989980 frs-bus:Director2 2023-04-01 2024-03-31 13989980 frs-bus:Director3 2023-04-01 2024-03-31 13989980 frs-countries:EnglandWales 2023-04-01 2024-03-31 13989980 2022-03-18 13989980 2023-03-31 13989980 2022-03-19 2023-03-31 13989980 frs-core:CurrentFinancialInstruments 2023-03-31 13989980 frs-core:ShareCapital 2023-03-31 13989980 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 13989980
The Vesey Private Hospital Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 13989980
31 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 385,225 350,430
385,225 350,430
CURRENT ASSETS
Stocks 5 13,363 6,362
Debtors 6 48,286 2,528
Cash at bank and in hand 16,555 2,335
78,204 11,225
Creditors: Amounts Falling Due Within One Year 7 (956,704 ) (526,231 )
NET CURRENT ASSETS (LIABILITIES) (878,500 ) (515,006 )
TOTAL ASSETS LESS CURRENT LIABILITIES (493,275 ) (164,576 )
NET LIABILITIES (493,275 ) (164,576 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (493,276 ) (164,577 )
SHAREHOLDERS' FUNDS (493,275) (164,576)
For the year ending 31 March 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 Benjamin Royal
Director
27/03/2025
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
The Vesey Private Hospital Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13989980 . The registered office is Unit 3 The Courtyard, Reddicap Trading Estate, Sutton Coldfield, B75 7BU.
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 14.3% straight line
Fixtures & Fittings 10%/20% straight line
Computer Equipment 33.3% straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 3)
7 3
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Page 3
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 95,045 267,737 1,123 363,905
Additions 83,215 - 964 84,179
As at 31 March 2024 178,260 267,737 2,087 448,084
Depreciation
As at 1 April 2023 2,123 10,999 353 13,475
Provided during the period 21,436 27,481 467 49,384
As at 31 March 2024 23,559 38,480 820 62,859
Net Book Value
As at 31 March 2024 154,701 229,257 1,267 385,225
As at 1 April 2023 92,922 256,738 770 350,430
5. Stocks
31 March 2024 31 March 2023
£ £
Stock 13,363 6,362
6. Debtors
31 March 2024 31 March 2023
£ £
Due within one year
Trade debtors 37,030 1,778
Other debtors 11,256 750
48,286 2,528
7. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 March 2023
£ £
Trade creditors 161,749 252,093
Other loans 4,273 -
Other creditors 775,285 274,138
Taxation and social security 15,397 -
956,704 526,231
8. Share Capital
31 March 2024 31 March 2023
£ £
Allotted, Called up and fully paid 1 1
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Page 4
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mr Benjamin Royal - 1,207 - - 1,207
The above loan is unsecured, interest free and repayable on demand.
10. Controlling Party
The company's controlling party is BCSZ Ltd by virtue of its ownership of 80% of the issued share capital in the company.
11. Going concern
These financial statements have been prepared on the going concern basis on the understanding that the director's and shareholder's will continue to financially support the company for the foreseeable future.
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