Registration number: 07096390

Troo Health Care Limited

(Registration number: 07096390)
Statement of Financial Position as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	43,170	51,988
Tangible assets	5	16,202	10,659
		59,372	62,647
Current assets
Stocks	6	867,830	854,062
Debtors	7	197,821	232,450
Cash at bank and in hand		35,197	2,268
		1,100,848	1,088,780
Creditors: Amounts falling due within one year	8	(941,703)	(1,083,632)
Net current assets		159,145	5,148
Total assets less current liabilities		218,517	67,795
Creditors: Amounts falling due after more than one year	8	(194,276)	(11,712)
Provisions for liabilities		(14,345)	(15,099)
Net assets		9,896	40,984
Capital and reserves
Called up share capital		100	100
Retained earnings		9,796	40,884
Shareholders' funds		9,896	40,984

Troo Health Care Limited

(Registration number: 07096390)
Statement of Financial Position as at 31 March 2025

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 5 September 2025 and signed on its behalf by:
 

......................................... Mr John North Director

Troo Health Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
4 Lansdowne Terrace
Gosforth
Newcastle Upon Tyne
Tyne And Wear
NE3 1HN

These financial statements were authorised for issue by the Board on 5 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Troo Health Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & Machinery	25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	5% straight line
Other Intangible assets	10% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Troo Health Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 5).

Troo Health Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Intangible assets

	Goodwill  £	Other intangible assets  £	Total £
Cost or valuation
At 1 April 2024	7,500	148,780	156,280
Additions acquired separately	-	7,150	7,150
At 31 March 2025	7,500	155,930	163,430
Amortisation
At 1 April 2024	5,250	99,042	104,292
Amortisation charge	375	15,593	15,968
At 31 March 2025	5,625	114,635	120,260
Carrying amount
At 31 March 2025	1,875	41,295	43,170
At 31 March 2024	2,250	49,738	51,988

5	Tangible assets

	Plant and machinery £	Total £
Cost or valuation
At 1 April 2024	38,029	38,029
Additions	10,944	10,944
At 31 March 2025	48,973	48,973
Depreciation
At 1 April 2024	27,370	27,370
Charge for the year	5,401	5,401
At 31 March 2025	32,771	32,771
Carrying amount
At 31 March 2025	16,202	16,202
At 31 March 2024	10,659	10,659

Troo Health Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Stocks

	2025 £	2024 £
Finished goods and goods for resale	867,830	854,062

7

Debtors

Current	2025 £	2024 £
Trade debtors	33,721	25,901
Prepayments	14,908	40,952
Other debtors	149,192	165,597
	197,821	232,450

Troo Health Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	135,513	68,315
Trade creditors		741,418	943,695
Taxation and social security		41,094	42,419
Other creditors		23,678	29,203
		941,703	1,083,632

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	194,276	11,712

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	194,276	11,712

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	135,513	68,315

10	Related party transactions

Troo Health Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	18,192	18,192