Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-312025-05-22trueNo description of principal activity12023-04-011falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13004791 2023-04-01 2024-03-31 13004791 2022-04-01 2023-03-31 13004791 2024-03-31 13004791 2023-03-31 13004791 c:Director1 2023-04-01 2024-03-31 13004791 d:CurrentFinancialInstruments 2024-03-31 13004791 d:CurrentFinancialInstruments 2023-03-31 13004791 d:Non-currentFinancialInstruments 2024-03-31 13004791 d:Non-currentFinancialInstruments 2023-03-31 13004791 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13004791 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13004791 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 13004791 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 13004791 d:ShareCapital 2024-03-31 13004791 d:ShareCapital 2023-03-31 13004791 d:RetainedEarningsAccumulatedLosses 2024-03-31 13004791 d:RetainedEarningsAccumulatedLosses 2023-03-31 13004791 c:FRS102 2023-04-01 2024-03-31 13004791 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13004791 c:FullAccounts 2023-04-01 2024-03-31 13004791 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13004791 2 2023-04-01 2024-03-31 13004791 6 2023-04-01 2024-03-31 13004791 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 13004791









OCTO HEALTHCARE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
OCTO HEALTHCARE LIMITED
REGISTERED NUMBER: 13004791

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
200,200
35,200

  
200,200
35,200

Current assets
  

Debtors: amounts falling due within one year
 5 
20,078
-

Cash at bank and in hand
  
25,000
-

  
45,078
-

Creditors: amounts falling due within one year
 7 
(586,826)
(94,452)

Net current liabilities
  
 
 
(541,748)
 
 
(94,452)

Total assets less current liabilities
  
(341,548)
(59,252)

Creditors: amounts falling due after more than one year
  
(200,000)
-

  

Net liabilities
  
(541,548)
(59,252)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(541,648)
(59,352)

  
(541,548)
(59,252)


Page 1

 
OCTO HEALTHCARE LIMITED
REGISTERED NUMBER: 13004791
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




A M Magee
Director

Date: 22 May 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
OCTO HEALTHCARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Octo Healthcare Limited is a private company, limited by shares, registered in England and Wales. The address of the company’s registered office is 249 Silbury Boulevard, Milton Keynes, Bucks, MK9 1NA. The company's principal activity is that of a holding company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the balance sheet date, the company has net liabilities. The director is confident that with his support and funds provided by the anticipated future profits of its subsidiaries, the company will continue in operation for the foreseeable future. Therefore, the company has adopted the going concern basis in preparing the financial statements.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
OCTO HEALTHCARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
274,363


Additions
624,713



At 31 March 2024

899,076



Impairment


At 1 April 2023
239,163


Charge for the period
459,713



At 31 March 2024

698,876



Net book value



At 31 March 2024
200,200



At 31 March 2023
35,200


5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
20,078
-

20,078
-


Page 4

 
OCTO HEALTHCARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
25,000
-

25,000
-



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
372,692
200

Other creditors
200,000
84,652

Accruals and deferred income
14,134
9,600

586,826
94,452



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
200,000
-

200,000
-



9.


Transactions with directors

At the balance sheet date the sum of £nil was owed by the company to a director (2023 : £84,652). The loan is repayable on demand. No interest is payable by the company but interest is charged to the director at HM Revenue & Customs' official rates for beneficial loans on overdrawn balances. The maximum sum owed to the company during the year was £nil and the maximum sum owed by the company during the year was £84,652.

Page 5

 
OCTO HEALTHCARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

10.


Related party transactions

At the balance sheet date there was a balance due from a subsidiary undertaking of £20,078 (2023 : £100 due to the subsidiary undertaking). Loan interest of £178 was received from the subsidiary undertaking during the year.
At the balance sheet date there was a balance due to a subsidiary undertaking of £284,453 (2023 £100). Loan interest of £18,139 was paid to the subsidiary undertaking during the year.
At the balance sheet date there was a balance due to a subsidiary undertaking of £88,239 (2023 £nil). Loan interest of £87 was paid to the subsidiary undertaking during the year.

 
Page 6