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Founders Health Holding Ltd
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Notes to the financial statements
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for the period ended 30 November 2024
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1
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Company information
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Founders Health Holding Ltd is a private company registered in England and Wales. Its registered
number is 15302798. The company is limited by shares. Its registered office is 180 Strand, 2 Arundel
Street, London, WC2R 3DA.
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2
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Accounting policies
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Basis of preparing the financial statements
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These financial statements have been prepared in accordance with Financial Reporting Standard 102
“The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the
provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have
been prepared under the historic cost convention.
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Going concern
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In preparing these financial statements, the directors have assessed whether there are any material
uncertainties related to events or conditions that cast significant doubt upon the company's ability to
continue as a going concern. In making this assessment, the directors take into account all available
information about the future which is at least 12 months from the date that the financial statements are
authorised for issue.
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The directors consider that the company has adequate resources to continue in business for the
foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial
statements.
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Exemption from preparation of consolidated financial statements
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The financial statements contain information about Founders Health Holding Ltd as an individual
company and do not contain consolidated financial information as the parent of a group. The company
is exempt under section 399(2A) of the Companies Act 2006 from the requirements to prepare
consolidated financial statements.
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Tangible fixed assets
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Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
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Plant and machinery etc.:
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Computer Equipment
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-
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33.33% straight line
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Retirement benefits
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The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to profit and loss in the period to which they relate.
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3
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Average number of employees
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During the period the average number of employees was 1.
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3
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