Company Registration No. 07773572 (England and Wales)
HS Health Group Limited
ABRIDGED ACCOUNTS
for the year ended 30 September 2024
HS Health Group Limited
ABRIDGED ACCOUNTS
Contents
HS Health Group Limited
Company Information
for the year ended 30 September 2024
Directors
Mr Hema Thota
Mrs Sireesha Paladugu
Company Number
07773572 (England and Wales)
Registered Office
2 Thorney Lane
Frampton
Boston
Lincolnshire
PE20 1BF
Accountants
Reliance Tax Advisers
20B Market Place
Grantham
Lincolnshire
NG31 6LP
HS Health Group Limited
Statement of financial position
as at 30 September 2024
Tangible assets
189,267
88,725
Investment property
427,218
427,218
Investments
351,000
33,000
Cash at bank and in hand
460,709
683,429
Creditors: amounts falling due within one year
(232,817)
(240,855)
Net current assets
231,875
463,794
Total assets less current liabilities
1,199,360
1,012,737
Creditors: amounts falling due after more than one year
(68,547)
(46,667)
Net assets
1,130,813
966,070
Called up share capital
110
110
Profit and loss account
1,130,703
965,960
Shareholders' funds
1,130,813
966,070
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 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 18 June 2025 and were signed on its behalf by
Mr Hema Thota
Director
Company Registration No. 07773572
HS Health Group Limited
Notes to the Accounts
for the year ended 30 September 2024
HS Health Group Limited is a private company, limited by shares, registered in England and Wales, registration number 07773572. The registered office is 2 Thorney Lane, Frampton, Boston, Lincolnshire, PE20 1BF.
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:
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The company made a one off pension contribution of £257,155 for its both Directors during the year. This was in addition to Directors' regular monthly contribution in the company's contributory pension scheme with NEST.
HS Health Group Limited
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
58,890
103,105
47,939
209,934
Additions
134,630
4,430
30,035
169,095
At 30 September 2024
193,520
107,535
77,974
379,029
At 1 October 2023
14,723
71,233
35,253
121,209
Charge for the year
48,380
13,063
7,110
68,553
At 30 September 2024
63,103
84,296
42,363
189,762
At 30 September 2024
130,417
23,239
35,611
189,267
At 30 September 2023
44,167
31,872
12,686
88,725
Fair value at 1 October 2023
427,218
At 30 September 2024
427,218
6
Investments
Other investments
Valuation at 1 October 2023
33,000
Valuation at 30 September 2024
351,000
The company made several investments in other companies with common control of the directors. These include the following:
1. £18,000 in ASPIRE (SPALDING) LIMITED
2. £266,000 in FO Twenty Eight Limited
3. £4,000 in HS and Team Ltd
4. £30,000 in HS Investments Ltd
Amounts falling due within one year
Other debtors
3,983
21,220
8
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
188,048
197,795
Other creditors
38,752
20,487
HS Health Group Limited
Notes to the Accounts
for the year ended 30 September 2024
9
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
68,547
-
Allotted, called up and fully paid:
110 Ordinary shares of £1 each
110
110
11
Average number of employees
During the year the average number of employees was 54 (2023: 54).