Academy for Healthcare Science Limited 31/03/2025 iXBRL

Company registration number: 07783650

Academy for Healthcare Science Limited

Company limited by guarantee

Financial statements

31 March 2025

Academy for Healthcare Science Limited

Company limited by guarantee

Contents

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Academy for Healthcare Science Limited

Company limited by guarantee

Statement of financial position

31st March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	6	9,973		9,109
		_______		_______
			9,973		9,109

Current assets
Debtors	7	35,309		111,640
Cash at bank and in hand		3,824,631		1,228,024
		_______		_______
		3,859,940		1,339,664
Creditors: amounts falling due
within one year	8	( 3,744,937)		( 1,227,117)
		_______		_______
Net current assets			115,003		112,547
			_______		_______
Total assets less current liabilities			124,976		121,656

			_______		_______
Net assets			124,976		121,656
			_______		_______

Capital and reserves
Profit and loss account			124,976		121,656
			_______		_______
Members funds			124,976		121,656
			_______		_______

For the 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 financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 10 September 2025 , and are signed on behalf of the board by:

Ms J.K. Monkman

Director

Company registration number: 07783650

Academy for Healthcare Science Limited

Company limited by guarantee

Statement of changes in equity

Year ended 31st March 2025

	Profit and loss account	Total
	£	£


At 1st April 2023	108,178	108,178

Profit for the year	13,478	13,478
	_______	_______
Total comprehensive income for the year	13,478	13,478

	_______	_______
At 31st March 2024 and 1st April 2024	121,656	121,656

Profit for the year	3,320	3,320
	_______	_______
Total comprehensive income for the year	3,320	3,320

	_______	_______
At 31st March 2025	124,976	124,976
	_______	_______

Academy for Healthcare Science Limited

Company limited by guarantee

Notes to the financial statements

Year ended 31st March 2025

1. General information

The company is a private company limited by guarantee, registered in England. The address of the registered office is 6 The Terrace, Rugby Road, Lutterworth, Leicestershire, LE17 4BW.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received for grant income and services rendered.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost less its residual value, over the useful economic life of that asset as follows:


Computer equipment	-	25% per annum reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which they are paid.

4. Limited by guarantee

The company has no share capital and is limited by guarantee of its director members. The guarantee is limited to a total of £9.

5. Employee numbers

The average number of persons employed by the company during the year amounted to 20 (2024: 20 ).

6. Tangible assets

	Computer equipment	Total
	£	£
Cost
At 1st April 2024	19,165	19,165
Additions	3,500	3,500
	_______	_______
At 31st March 2025	22,665	22,665
	_______	_______
Depreciation
At 1st April 2024	10,055	10,055
Charge for the year	2,637	2,637
	_______	_______
At 31st March 2025	12,692	12,692
	_______	_______
Carrying amount
At 31st March 2025	9,973	9,973
	_______	_______
At 31st March 2024	9,110	9,110
	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	25,570	101,700
Other debtors	9,739	9,940
	_______	_______
	35,309	111,640
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	74,308	39,555
Social security and other taxes	22,312	29,621
Other creditors	3,648,317	1,157,941
	_______	_______
	3,744,937	1,227,117
	_______	_______