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 12876290 Dr Karen Mehta Mr Nishchay Mehta iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12876290 2023-09-30 12876290 2024-09-30 12876290 2023-10-01 2024-09-30 12876290 frs-core:CurrentFinancialInstruments 2024-09-30 12876290 frs-core:Non-currentFinancialInstruments 2024-09-30 12876290 frs-core:ComputerEquipment 2024-09-30 12876290 frs-core:ComputerEquipment 2023-10-01 2024-09-30 12876290 frs-core:ComputerEquipment 2023-09-30 12876290 frs-core:FurnitureFittings 2024-09-30 12876290 frs-core:FurnitureFittings 2023-10-01 2024-09-30 12876290 frs-core:FurnitureFittings 2023-09-30 12876290 frs-core:ShareCapital 2024-09-30 12876290 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12876290 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12876290 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12876290 frs-bus:SmallEntities 2023-10-01 2024-09-30 12876290 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12876290 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12876290 frs-core:CostValuation 2023-09-30 12876290 frs-core:AdditionsToInvestments 2024-09-30 12876290 frs-core:CostValuation 2024-09-30 12876290 frs-core:ProvisionsForImpairmentInvestments 2023-09-30 12876290 frs-core:ProvisionsForImpairmentInvestments 2024-09-30 12876290 frs-bus:Director1 2023-10-01 2024-09-30 12876290 frs-bus:Director1 2023-09-30 12876290 frs-bus:Director1 2024-09-30 12876290 frs-bus:Director2 2023-10-01 2024-09-30 12876290 frs-bus:Director2 2023-09-30 12876290 frs-bus:Director2 2024-09-30 12876290 frs-countries:EnglandWales 2023-10-01 2024-09-30 12876290 2022-09-30 12876290 2023-09-30 12876290 2022-10-01 2023-09-30 12876290 frs-core:CurrentFinancialInstruments 2023-09-30 12876290 frs-core:Non-currentFinancialInstruments 2023-09-30 12876290 frs-core:ShareCapital 2023-09-30 12876290 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 12876290
Grosvenor Health Consulting Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Ten Forward Accounting Ltd
Chartered Certified Accountants
Suite 2A, 7th Floor
City Reach, 5 Greenwich View Place
London
E14 9NN
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 12876290
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,635 6,772
Investments 5 48,656 -
63,291 6,772
CURRENT ASSETS
Debtors 6 28,356 37,152
Cash at bank and in hand 86,075 88,557
114,431 125,709
Creditors: Amounts Falling Due Within One Year 7 (14,460 ) (24,348 )
NET CURRENT ASSETS (LIABILITIES) 99,971 101,361
TOTAL ASSETS LESS CURRENT LIABILITIES 163,262 108,133
Creditors: Amounts Falling Due After More Than One Year 8 (400 ) (400 )
NET ASSETS 162,862 107,733
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 162,860 107,731
SHAREHOLDERS' FUNDS 162,862 107,733
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 Nishchay Mehta
Director
29 April 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
Grosvenor Health Consulting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12876290 . The registered office is Suite 2A, 7th Floor City Reach, 5 Greenwich View Place, London, E14 9NN.
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 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.
2.3. 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:
Fixtures & Fittings 25% PA on reducing balance method
Computer Equipment 25% PA on reducing balance method
2.4. 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 years 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 2 (2023: 2)
2 2
Page 2
Page 3
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 - 15,134 15,134
Additions 9,470 2,454 11,924
As at 30 September 2024 9,470 17,588 27,058
Depreciation
As at 1 October 2023 - 8,362 8,362
Provided during the period 2,368 1,693 4,061
As at 30 September 2024 2,368 10,055 12,423
Net Book Value
As at 30 September 2024 7,102 7,533 14,635
As at 1 October 2023 - 6,772 6,772
5. Investments
Other
£
Cost
As at 1 October 2023 -
Additions 48,656
As at 30 September 2024 48,656
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 48,656
As at 1 October 2023 -
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 19,057 27,853
Due after more than one year
Other debtors 9,299 9,299
28,356 37,152
Page 3
Page 4
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 1,800 1,440
Taxation and social security 12,660 22,908
14,460 24,348
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 400 400
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Dr Karen Mehta 13,776 1,807 6,055 - 9,528
Mr Nishchay Mehta 13,777 1,807 6,055 - 9,529
The above loan is unsecured, interest free and repayable on demand.
Page 4