SOE Health Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07321543

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		37,609		36,131
Tangible Assets	5		-		3

			37,609		36,134
CURRENT ASSETS
Stocks	6	52,242		73,545
Debtors	7	5,691		12,455
Cash at bank and in hand		6,039		18,103

		63,972		104,103
Creditors: Amounts Falling Due Within One Year	8	(38,776 )		(31,305 )

NET CURRENT ASSETS (LIABILITIES)			25,196		72,798

TOTAL ASSETS LESS CURRENT LIABILITIES			62,805		108,932

Creditors: Amounts Falling Due After More Than One Year	9		(25,618 )		(36,351 )

NET ASSETS			37,187		72,581

CAPITAL AND RESERVES
Called up share capital	10		152		152
Share premium account			434,323		434,323
Profit and Loss Account			(397,288 )		(361,894 )

SHAREHOLDERS' FUNDS			37,187		72,581

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SOE Health Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 Neil Kevin Stentiford

Director

09/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

SOE Health Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07321543 . The registered office is 42D Derby Road, Beeston, Nottingham, NG9 2TG.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. 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.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Separately acquired trademarks and licences are shown at historical cost.

Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination

are recognised at fair value at the acquisition date.

Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less

accumulated amortisation and any accumulated impairment losses.

2.5. 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
Computer Equipment	33% straight line

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

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SOE Health Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2024	36,131
Additions	1,478

As at 31 December 2024	37,609

Net Book Value
As at 31 December 2024	37,609

As at 1 January 2024	36,131

5. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	1,609	1,453	3,062

As at 31 December 2024	1,609	1,453	3,062

Depreciation
As at 1 January 2024	1,609	1,450	3,059
Provided during the period	-	3	3

As at 31 December 2024	1,609	1,453	3,062

Net Book Value
As at 31 December 2024	-	-	-

As at 1 January 2024	-	3	3

6. Stocks

	2024	2023
	£	£
Stock	52,242	73,545

7. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	3,660	2,787
Other debtors	2,031	9,668

	5,691	12,455

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SOE Health Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	16,394	9,918
Bank loans and overdrafts	20,995	20,202
Other creditors	987	785
Taxation and social security	400	400

	38,776	31,305

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	25,618	36,351

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	152	152

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr Neil Kevin Stentiford	7,375	-	7,375	-	-

The above loan is unsecured, interest free and repayable on demand.

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