Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 04128972 Mr Paresh Sangani Mrs Shilpa Sangani iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04128972 2023-09-30 04128972 2024-09-30 04128972 2023-10-01 2024-09-30 04128972 frs-core:CurrentFinancialInstruments 2024-09-30 04128972 frs-core:PlantMachinery 2024-09-30 04128972 frs-core:PlantMachinery 2023-10-01 2024-09-30 04128972 frs-core:PlantMachinery 2023-09-30 04128972 frs-core:ShareCapital 2024-09-30 04128972 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 04128972 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04128972 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 04128972 frs-bus:SmallEntities 2023-10-01 2024-09-30 04128972 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04128972 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04128972 frs-bus:Director1 2023-10-01 2024-09-30 04128972 frs-bus:Director2 2023-10-01 2024-09-30 04128972 frs-countries:EnglandWales 2023-10-01 2024-09-30 04128972 2022-09-30 04128972 2023-09-30 04128972 2022-10-01 2023-09-30 04128972 frs-core:CurrentFinancialInstruments 2023-09-30 04128972 frs-core:ShareCapital 2023-09-30 04128972 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 04128972
Wellcare Medical (UK) Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Hutchings Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04128972
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,064 1,853
Investment Properties 5 1,903,000 1,903,000
1,904,064 1,904,853
CURRENT ASSETS
Debtors 6 6,452 1,452
Cash at bank and in hand 305,864 293,912
312,316 295,364
Creditors: Amounts Falling Due Within One Year 7 (17,167 ) (36,092 )
NET CURRENT ASSETS (LIABILITIES) 295,149 259,272
TOTAL ASSETS LESS CURRENT LIABILITIES 2,199,213 2,164,125
PROVISIONS FOR LIABILITIES
Deferred Taxation (91,111 ) (91,111 )
NET ASSETS 2,108,102 2,073,014
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 2,107,102 2,072,014
SHAREHOLDERS' FUNDS 2,108,102 2,073,014
Page 1
Page 2
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.
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 Paresh Sangani
Director
16/06/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Wellcare Medical (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04128972 . The registered office is 5 White Orchards, Uxbridge Road, Stanmore, Middlesex, HA7 3NN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover from the letting of own properties is recognised on a receivable basis.
2.3. 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:
Plant & Machinery 25% Straight Line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market value. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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 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.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 October 2023 3,156
As at 30 September 2024 3,156
Depreciation
As at 1 October 2023 1,303
Provided during the period 789
As at 30 September 2024 2,092
Net Book Value
As at 30 September 2024 1,064
As at 1 October 2023 1,853
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Page 4
5. Investment Property
2024
£
Fair Value
As at 1 October 2023 and 30 September 2024 1,903,000
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 1,452 1,452
Directors' loan accounts 5,000 -
6,452 1,452
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 8,592 8,352
Accruals and deferred income 8,575 8,344
Directors' loan accounts - 19,396
17,167 36,092
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
The above loan is unsecured, interest free and repayable on demand.
Page 4