Acorah Software Products - Accounts Production 16.2.850 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 07382012 Mr Stephen Rejali Mrs Julie Rejali iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07382012 2023-09-30 07382012 2024-09-30 07382012 2023-10-01 2024-09-30 07382012 frs-core:CurrentFinancialInstruments 2024-09-30 07382012 frs-core:ComputerEquipment 2024-09-30 07382012 frs-core:ComputerEquipment 2023-10-01 2024-09-30 07382012 frs-core:ComputerEquipment 2023-09-30 07382012 frs-core:FurnitureFittings 2024-09-30 07382012 frs-core:FurnitureFittings 2023-10-01 2024-09-30 07382012 frs-core:FurnitureFittings 2023-09-30 07382012 frs-core:MotorVehicles 2024-09-30 07382012 frs-core:MotorVehicles 2023-10-01 2024-09-30 07382012 frs-core:MotorVehicles 2023-09-30 07382012 frs-core:PlantMachinery 2024-09-30 07382012 frs-core:PlantMachinery 2023-10-01 2024-09-30 07382012 frs-core:PlantMachinery 2023-09-30 07382012 frs-core:ShareCapital 2024-09-30 07382012 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 07382012 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07382012 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 07382012 frs-bus:SmallEntities 2023-10-01 2024-09-30 07382012 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07382012 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 07382012 frs-core:ListedExchangeTraded 2024-09-30 07382012 frs-core:ListedExchangeTraded 2023-09-30 07382012 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-09-30 07382012 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-09-30 07382012 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-09-30 07382012 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-09-30 07382012 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-09-30 07382012 frs-bus:Director1 2023-10-01 2024-09-30 07382012 frs-bus:Director2 2023-10-01 2024-09-30 07382012 frs-countries:EnglandWales 2023-10-01 2024-09-30 07382012 2022-09-30 07382012 2023-09-30 07382012 2022-10-01 2023-09-30 07382012 frs-core:CurrentFinancialInstruments 2023-09-30 07382012 frs-core:ShareCapital 2023-09-30 07382012 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 07382012
Mercia Health Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Sharpe Medical Accounting Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07382012
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,375 13,270
Investments 5 14,092 10,344
25,467 23,614
CURRENT ASSETS
Debtors 6 24,450 25,568
Cash at bank and in hand 36,452 57,881
60,902 83,449
Creditors: Amounts Falling Due Within One Year 7 (33,672 ) (31,475 )
NET CURRENT ASSETS (LIABILITIES) 27,230 51,974
TOTAL ASSETS LESS CURRENT LIABILITIES 52,697 75,588
NET ASSETS 52,697 75,588
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 52,597 75,488
SHAREHOLDERS' FUNDS 52,697 75,588
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For the year ending 30 September 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 Stephen Rejali
Director
14/04/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Mercia Health Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07382012 . The registered office is 35 Guinea Crescent, Westwood Heath, Coventry, West-Midlands, CV4 8HW.
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 recognised when a company gains entitlement to receive income from a third party.
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 25% Reducing Balance Method
Motor Vehicles 25% Reducing Balance Method
Fixtures & Fittings 25% Reducing Balance Method
Computer Equipment 25% Reducing Balance Method
2.4. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2023 10,328 12,525 2,887 40,934 66,674
Additions - - - 1,519 1,519
As at 30 September 2024 10,328 12,525 2,887 42,453 68,193
Depreciation
As at 1 October 2023 9,265 11,511 1,548 31,080 53,404
Provided during the period 266 254 335 2,559 3,414
As at 30 September 2024 9,531 11,765 1,883 33,639 56,818
Net Book Value
As at 30 September 2024 797 760 1,004 8,814 11,375
As at 1 October 2023 1,063 1,014 1,339 9,854 13,270
5. Investments
Listed
£
Cost
As at 1 October 2023 10,344
Revaluations 3,748
As at 30 September 2024 14,092
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 14,092
As at 1 October 2023 10,344
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 19,862 20,340
Prepayments and accrued income 156 1,391
Other debtors 3,837 3,837
Other taxes and social security 595 -
24,450 25,568
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 19,954 19,637
Other taxes and social security - 502
Accruals and deferred income 3,361 3,761
Directors' loan accounts 10,357 7,575
33,672 31,475
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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