Acorah Software Products - Accounts Production 16.3.350 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10673236 Mr Richard Layton Mr James Brown Mr Nathan Berkley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10673236 2024-03-31 10673236 2025-03-31 10673236 2024-04-01 2025-03-31 10673236 frs-core:CurrentFinancialInstruments 2025-03-31 10673236 frs-core:ComputerEquipment 2024-04-01 2025-03-31 10673236 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 10673236 frs-core:FurnitureFittings 2024-04-01 2025-03-31 10673236 frs-core:SharePremium 2025-03-31 10673236 frs-core:ShareCapital 2025-03-31 10673236 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10673236 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10673236 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10673236 frs-bus:SmallEntities 2024-04-01 2025-03-31 10673236 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10673236 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10673236 frs-bus:Director1 2024-04-01 2025-03-31 10673236 frs-bus:Director2 2024-04-01 2025-03-31 10673236 frs-bus:Director3 2024-04-01 2025-03-31 10673236 frs-countries:EnglandWales 2024-04-01 2025-03-31 10673236 2023-03-31 10673236 2024-03-31 10673236 2023-04-01 2024-03-31 10673236 frs-core:CurrentFinancialInstruments 2024-03-31 10673236 frs-core:SharePremium 2024-03-31 10673236 frs-core:ShareCapital 2024-03-31 10673236 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 10673236
Muhdo Health Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 10673236
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 7,566 7,966
Tangible Assets 3,152 4,069
10,718 12,035
CURRENT ASSETS
Stocks 4 7,405 18,564
Debtors 5 864,014 873,921
Cash at bank and in hand 97,663 70,798
969,082 963,283
Creditors: Amounts Falling Due Within One Year 6 (1,954,419 ) (2,487,000 )
NET CURRENT ASSETS (LIABILITIES) (985,337 ) (1,523,717 )
TOTAL ASSETS LESS CURRENT LIABILITIES (974,619 ) (1,511,682 )
NET LIABILITIES (974,619 ) (1,511,682 )
CAPITAL AND RESERVES
Called up share capital 7 267 254
Share premium account 3,848,387 3,133,057
Profit and Loss Account (4,823,273 ) (4,644,993 )
SHAREHOLDERS' FUNDS (974,619) (1,511,682)
For the year ending 31 March 2025 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 Richard Layton
Director
13/06/2025
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
Muhdo Health Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10673236 . The registered office is Columba House, Adastral Park, Ipswich, Suffolk, IP5 3RE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors believe that notwithstanding the current year losses of £XXX (2022: £620,871), net current liabilities of £XXX (2022: £817,487) and net liabilities of £XXX (2022: £804,054), the company's financial statements should be prepared on a going conern basis on the grounds that current and future sources of funding or support from shareholders and investors will be adequate to meet the company's needs for a period of at least 12 months from the date of approval of these financial statements. 
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets with finite useful lives that are acquired separately are carride at cost less accumulated amortisation and acumulated impairement losses. Amortisation is recognised on a straight-line basis over their estimated useful lives. The estimated useful life and amortisatoin method are reviewed at the end of each repoting period, with the effect of any changes in estimate being accounted for ona prospective basis. Intangible assets with indefinite useful lives that are acquired separately are carried at cost less accumulated impairment losses.

An intangible asset is derecongised on disposal, or when no future economic benefits are expected from use or disposal. Gains or losses arising from derecognition of an intangible asset, measured as the difference between the net disposal proceeds and the carrying amount of the asset, are recognised in profit or loss when the asset is derecognised.

An intangible asset with an indefinite useful life is tested for impairment at least annually and whenever there is an indication that the asset may be impaired.
2.5. 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:
Fixtures & Fittings 4 years
Computer Equipment 3 years
2.6. 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.
Page 2
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2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.8. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 8 9 (2024: 7)
9 7
4. Stocks
2025 2024
£ £
Finished goods 7,405 18,564
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 797,049 841,671
VAT 32,800 30,185
Net wages 34,165 2,065
864,014 873,921
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 442,539 589,809
Bank loans and overdrafts 1,373,532 1,636,579
Other taxes and social security 56,094 163,160
Credit Card 82,254 97,452
1,954,419 2,487,000
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Page 4
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 267 254
Page 4