IRIS Accounts Production v25.1.3.33 Other Company accounts True false Pounds 1.4.24 31.3.25 31.3.25 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC1428532024-03-31SC1428532025-03-31SC1428532024-04-012025-03-31SC1428532023-03-31SC1428532023-04-012024-03-31SC1428532024-03-31SC142853ns0:CharitableCompanyLimitedByGuarantee2024-04-012025-03-31SC142853ns15:PoundSterling2024-04-012025-03-31SC142853ns11:FRS1022024-04-012025-03-31SC142853ns11:IndependentExaminationCharity2024-04-012025-03-31SC142853ns11:SmallCompaniesRegimeForAccounts2024-04-012025-03-31SC142853ns11:FullAccounts2024-04-012025-03-31SC142853ns11:CharitiesSORP2024-04-012025-03-31SC142853ns16:EnglandWales2024-04-012025-03-31SC142853ns11:RegisteredOffice2024-04-012025-03-31SC142853ns0:Trustee22024-04-012025-03-31SC142853ns0:Trustee32024-04-012025-03-31SC142853ns0:Trustee12024-04-012025-03-31SC142853ns0:Trustee42024-04-012025-03-31SC142853ns0:Trustee52024-04-012025-03-31SC142853ns0:Trustee62024-04-012025-03-31SC142853ns0:Trustee72024-04-012025-03-31SC142853ns11:CompanySecretary12024-04-012025-03-31SC142853ns0:TotalUnrestrictedFunds2024-04-012025-03-31SC142853ns0:TotalRestrictedIncomeFunds2024-04-012025-03-31SC142853ns0:Activity82024-04-012025-03-31SC142853ns0:TotalUnrestrictedFundsns0:Activity82024-04-012025-03-31SC142853ns0:Activity8ns0:TotalRestrictedIncomeFunds2024-04-012025-03-31SC142853ns0:Activity82023-04-012024-03-31SC142853ns0:TotalUnrestrictedFunds2024-03-31SC142853ns0:TotalRestrictedIncomeFunds2024-03-31SC142853ns0:TotalUnrestrictedFunds2025-03-31SC142853ns0:TotalRestrictedIncomeFunds2025-03-31SC142853ns0:TotalUnrestrictedFundsns10:WithinOneYear2025-03-31SC142853ns10:WithinOneYearns0:TotalRestrictedIncomeFunds2025-03-31SC142853ns10:WithinOneYear2025-03-31SC142853ns10:WithinOneYear2024-03-31SC142853ns10:AfterOneYearns0:TotalUnrestrictedFunds2025-03-31SC142853ns10:AfterOneYearns0:TotalRestrictedIncomeFunds2025-03-31SC142853ns10:AfterOneYear2025-03-31SC142853ns10:AfterOneYear2024-03-31SC142853ns10:FurnitureFittingsToolsEquipment2024-04-012025-03-31SC142853ns10:ComputerEquipment2024-04-012025-03-31SC14285322024-04-012025-03-31SC142853ns10:OwnedAssets2024-04-012025-03-31SC142853ns10:OwnedAssets2023-04-012024-03-31SC142853ns0:TotalUnrestrictedFunds2023-04-012024-03-31SC142853ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC142853ns0:TotalUnrestrictedFundsns0:Activity82023-04-012024-03-31SC142853ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC142853ns10:FurnitureFittings2024-03-31SC142853ns10:ComputerEquipment2024-03-31SC142853ns10:FurnitureFittings2024-04-012025-03-31SC142853ns10:FurnitureFittings2025-03-31SC142853ns10:ComputerEquipment2025-03-31SC142853ns10:FurnitureFittings2024-03-31SC142853ns10:ComputerEquipment2024-03-31
REGISTERED COMPANY NUMBER: SC142853 (Scotland)
REGISTERED CHARITY NUMBER: SCO21152














Report of the Trustees and

Unaudited Financial Statements For The Year Ended 31 March 2025

for

Healthworks (Holistic Health Care) Ltd.

Healthworks (Holistic Health Care) Ltd.






Contents of the Financial Statements
For The Year Ended 31 March 2025




Page

Report of the Trustees 1 to 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Balance Sheet 5 to 6

Notes to the Financial Statements 7 to 12

Healthworks (Holistic Health Care) Ltd. (Registered number: SC142853)

Report of the Trustees
For The Year Ended 31 March 2025


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
The charity's objects are:
To relieve sickness and distress by all medical means including alternative and complementary medicine, acupuncture, massage, homeopathy, osteopathy, counselling, psychotherapy, physiotherapy, chiropractic, shiatsu and spiritual healing.

To provide self-help programmes and advice to enable the individual to avoid illness, maintain good health and live in a healthy environment.

To advance the education of the general public and the medical profession in all areas of medicine and holistic health.

To carry out research into all subjects pertaining to the objects herein and to disseminate the useful results of this work.

ACHIEVEMENT AND PERFORMANCE
In order to fulfil its objectives Healthworks has set up the Centre for Holistic Health Care in the town of Forres to provide a wide variety of alternative and complementary therapies. It has also created a book library with information and research publications on major health issues and provides a bursary fund to help clients with the costs of their treatments.

FINANCIAL REVIEW
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity is a company limited by guarantee not exceeding £1 per member. It is governed by the rules contained in its Memorandum and Articles of Association.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC142853 (Scotland)

Registered Charity number
SCO21152

Registered office
5 Bank Lane
Forres
Moray
IV36 1NU

Trustees
Mr J Adams
Ms B M L A M Deschamps
Mr A Mcallan
Ms K Purmal
Ms J Lawrence (appointed 1.7.24) (resigned 5.3.25)
Ms R Buck (appointed 1.7.24)
Ms K Player (appointed 1.7.24) (resigned 5.7.24)


Healthworks (Holistic Health Care) Ltd. (Registered number: SC142853)

Report of the Trustees
For The Year Ended 31 March 2025


REFERENCE AND ADMINISTRATIVE DETAILS
Company Secretary
Ms J Lawrence

Independent Examiner
Alan Long FCA
The Long Partnership
4 North Guildry Street
Elgin
Moray
IV30 1JR

Bankers
The Co-operative Bank
BUSINESS DIRECT
PO Box 250
Skelmerdale
WN8 6WT

Approved by order of the board of trustees on 22 May 2025 and signed on its behalf by:





Mr A Mcallan - Trustee

Independent Examiner's Report to the Trustees of
Healthworks (Holistic Health Care) Ltd.

I report on the accounts for the year ended 31 March 2025 set out on pages four to twelve.

Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement
In connection with my examination, no matter has come to my attention :

(1) which gives me reasonable cause to believe that, in any material respect, the requirements

- to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
- to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.








Alan Long FCA
The Institute of Chartered Accountants in England and Wales

The Long Partnership
4 North Guildry Street
Elgin
Moray
IV30 1JR

22 May 2025

Healthworks (Holistic Health Care) Ltd.

Statement of Financial Activities
For The Year Ended 31 March 2025

31.3.25 31.3.24
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 1,445 - 1,445 -

Other trading activities 2 45 - 45 -
Investment income 3 19,739 - 19,739 20,774
Total 21,229 - 21,229 20,774

EXPENDITURE ON
Charitable activities
Holistic Health Care 18,698 - 18,698 38,273

Other 47 - 47 44
Total 18,745 - 18,745 38,317

NET INCOME/(EXPENDITURE) 2,484 - 2,484 (17,543 )


RECONCILIATION OF FUNDS
Total funds brought forward 35,134 - 35,134 52,677

TOTAL FUNDS CARRIED FORWARD 37,618 - 37,618 35,134

Healthworks (Holistic Health Care) Ltd. (Registered number: SC142853)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 7 328 - 328 251
Investment property 8 70,000 - 70,000 70,000
70,328 - 70,328 70,251

CURRENT ASSETS
Cash at bank 18,364 - 18,364 22,934

CREDITORS
Amounts falling due within one year 9 (774 ) - (774 ) (751 )

NET CURRENT ASSETS 17,590 - 17,590 22,183

TOTAL ASSETS LESS CURRENT
LIABILITIES

87,918

-

87,918

92,434

CREDITORS
Amounts falling due after more than one year 10 (50,300 ) - (50,300 ) (57,300 )

NET ASSETS 37,618 - 37,618 35,134
FUNDS 12
Unrestricted funds 37,618 35,134
TOTAL FUNDS 37,618 35,134

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


Healthworks (Holistic Health Care) Ltd. (Registered number: SC142853)

Balance Sheet - continued
31 March 2025

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


The financial statements were approved by the Board of Trustees and authorised for issue on 22 May 2025 and were signed on its behalf by:





Mr A Mcallan - Trustee

Healthworks (Holistic Health Care) Ltd.

Notes to the Financial Statements
For The Year Ended 31 March 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Fixtures and fittings - 15% on reducing balance
Computer equipment - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.


Healthworks (Holistic Health Care) Ltd.

Notes to the Financial Statements - continued
For The Year Ended 31 March 2025

2. OTHER TRADING ACTIVITIES
31.3.25 31.3.24
£    £   
Fundraising events 45 -

3. INVESTMENT INCOME
31.3.25 31.3.24
£    £   
Rents received 19,689 20,727
Interest receivable 50 47
19,739 20,774

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.25 31.3.24
£    £   
Depreciation - owned assets 48 44

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.


6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM

Investment income 20,774 - 20,774

EXPENDITURE ON
Charitable activities
Holistic Health Care 18,370 19,903 38,273

Other 44 - 44
Total 18,414 19,903 38,317

NET INCOME/(EXPENDITURE) 2,360 (19,903 ) (17,543 )


RECONCILIATION OF FUNDS
Total funds brought forward 32,774 19,903 52,677

Healthworks (Holistic Health Care) Ltd.

Notes to the Financial Statements - continued
For The Year Ended 31 March 2025

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
funds funds funds
£    £    £   

TOTAL FUNDS CARRIED FORWARD 35,134 - 35,134

7. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2024 13,108 1,494 14,602
Additions 125 - 125
At 31 March 2025 13,233 1,494 14,727
DEPRECIATION
At 1 April 2024 12,948 1,403 14,351
Charge for year 34 14 48
At 31 March 2025 12,982 1,417 14,399
NET BOOK VALUE
At 31 March 2025 251 77 328
At 31 March 2024 160 91 251

8. INVESTMENT PROPERTY
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 70,000
NET BOOK VALUE
At 31 March 2025 70,000
At 31 March 2024 70,000


Healthworks (Holistic Health Care) Ltd.

Notes to the Financial Statements - continued
For The Year Ended 31 March 2025

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors - 26
Accrued expenses 774 725
774 751

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£    £   
Other loans (see note 11) 50,300 57,300

11. LOANS

An analysis of the maturity of loans is given below:

31.3.25 31.3.24
£    £   
Amounts falling due in more than five years:

Repayable by instalments:
Other loans over 5 years 50,300 57,300

12. MOVEMENT IN FUNDS
Net
movement At
At 1.4.24 in funds 31.3.25
£    £    £   
Unrestricted funds
General fund 35,134 2,484 37,618

TOTAL FUNDS 35,134 2,484 37,618

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 21,229 (18,745 ) 2,484

TOTAL FUNDS 21,229 (18,745 ) 2,484


Healthworks (Holistic Health Care) Ltd.

Notes to the Financial Statements - continued
For The Year Ended 31 March 2025

12. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.4.23 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 31,181 3,953 35,134
Designated fund 1,593 (1,593 ) -
32,774 2,360 35,134
Restricted funds
TSI Moray 19,903 (19,903 ) -

TOTAL FUNDS 52,677 (17,543 ) 35,134

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 20,774 (16,821 ) 3,953
Designated fund - (1,593 ) (1,593 )
20,774 (18,414 ) 2,360
Restricted funds
TSI Moray - (19,903 ) (19,903 )

TOTAL FUNDS 20,774 (38,317 ) (17,543 )

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.4.23 in funds 31.3.25
£    £    £   
Unrestricted funds
General fund 31,181 6,437 37,618
Designated fund 1,593 (1,593 ) -
32,774 4,844 37,618
Restricted funds
TSI Moray 19,903 (19,903 ) -

TOTAL FUNDS 52,677 (15,059 ) 37,618

Healthworks (Holistic Health Care) Ltd.

Notes to the Financial Statements - continued
For The Year Ended 31 March 2025

12. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 42,003 (35,566 ) 6,437
Designated fund - (1,593 ) (1,593 )
42,003 (37,159 ) 4,844
Restricted funds
TSI Moray - (19,903 ) (19,903 )

TOTAL FUNDS 42,003 (57,062 ) (15,059 )

13. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.