Company Registration No. 10340152 (England and Wales)
Higher Healing Ltd
Unaudited accounts
for the year ended 31 August 2024
Higher Healing Ltd
Unaudited accounts
Contents
Higher Healing Ltd
Company Information
for the year ended 31 August 2024
Directors
Inderjit Bansil
Roma Bansil
Company Number
10340152 (England and Wales)
Registered Office
82 HAY LANE
MONKSPATH
SOLIHULL
B90 4TA
UNITED KINGDOM
Accountants
Barbara Krzyczmonik
45 Matheson Road
Southampton
-
SO16 8GS
Higher Healing Ltd
Statement of financial position
as at 31 August 2024
Called up share capital not paid
1
1
Cash at bank and in hand
13,920
9,654
Creditors: amounts falling due within one year
(2,738)
(1,775)
Net current assets
12,973
8,139
Called up share capital
1
1
Profit and loss account
14,376
9,091
Shareholders' funds
14,377
9,092
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2025 and were signed on its behalf by
Inderjit Bansil
Director
Company Registration No. 10340152
Higher Healing Ltd
Notes to the Accounts
for the year ended 31 August 2024
Higher Healing Ltd is a private company, limited by shares, registered in England and Wales, registration number 10340152. The registered office is 82 HAY LANE, MONKSPATH, SOLIHULL, B90 4TA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Reducing Balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Higher Healing Ltd
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Accrued income and prepayments
957
-
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,134
257
Loans from directors
624
1,248
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).