Well+H Limited - Accounts

Well+H Limited
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

Well+H Limited Accountants' Report For the year ended 31 March 2025
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Well+H Limited for the year ended 31 March 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Well+H Limited for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Well+H Limited, as a body, in accordance with the terms of our engagement letter dated 17 September 2025. Our work has been undertaken solely to prepare for your approval the accounts of Well+H Limited and state those matters that we have agreed to state to the Board of Directors of Well+H Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Well+H Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Well+H Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Well+H Limited. You consider that Well+H Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Well+H Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts 31 March 2025 aa Chartered Accountants 6 Blenheim Court Peppercorn Close Peterborough United Kingdom PE1 2DU 17 September 2025 1

Well+H Limited
Accountants' Report
For the year ended 31 March 2025

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Well+H Limited for the year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Well+H Limited for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Well+H Limited, as a body, in accordance with the terms of our engagement letter dated 17 September 2025.

Our work has been undertaken solely to prepare for your approval the accounts of Well+H Limited and state those matters that we have agreed to state to the Board of Directors of Well+H Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Well+H Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Well+H Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Well+H Limited.

You consider that Well+H Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Well+H Limited.

For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
31 March 2025

aa Chartered Accountants
6 Blenheim Court
Peppercorn Close
Peterborough
United Kingdom
PE1 2DU
17 September 2025

1

Well+H Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £ (as restated)
Fixed assets
Tangible fixed assets	3	6,308,372	5,758,255
Investments	4	334	334
		6,308,706	5,758,589
Current assets
Debtors		318,137	294,184
Cash at bank and in hand		57,271	16,912
		375,408	311,096
Creditors: amount falling due within one year		(1,254,851)	(1,153,771)
Net current assets		(879,443)	(842,675)

Total assets less current liabilities		5,429,263	4,915,914
Creditors: amount falling due after more than one year		(4,605,425)	(4,184,013)
Provisions for liabilities		(231,422)	(198,764)
Net assets		592,416	533,137

Capital and reserves
Called up share capital	5	20	20
Revaluation Reserves		1,033,059	894,498
Profit and loss account		(440,663)	(361,381)
Shareholders' funds		592,416	533,137

For the year ended 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006 the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 17 September 2025 and were signed on its behalf by:

-------------------------------
Dr Prithviraj Rao
Director

2

Well+H Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Well+H Limited is a private company, limited by shares, registered in England and Wales, registration number 11269272, registration address 1 Barncliffe Mews, Redmires Road , Sheffield, S10 4JY.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	15% Reducing Balance
Computer Equipment	1/3 Straight Line

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees including directors Average number of employees during the year was 3 (2024 : 2).

3.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Investment properties	Total
	£	£	£	£
At 01 April 2024	79,926	2,059	5,702,109	5,784,094
Additions	5,432	-	381,881	387,313
Disposals	-	-	-	-
Revaluations	-	-	171,063	171,063
At 31 March 2025	85,358	2,059	6,255,053	6,342,470
Depreciation
At 01 April 2024	24,396	1,443	-	25,839
Charge for year	7,643	616	-	8,259
On disposals	-	-	-	-
At 31 March 2025	32,039	2,059	-	34,098
Net book values
Closing balance as at 31 March 2025	53,319	-	6,255,053	6,308,372
Opening balance as at 01 April 2024	55,530	616	5,702,109	5,758,255

4.

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 April 2024	-	-
Additions	334	334
Transfer to/from tangible fixed assets	0	0
Disposals	-	-
At 31 March 2025	334	334

5.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
20 Class A shares of £1.00 each	20		20
	20		20

3

Registered Number: 11269272
England and Wales
WELL+H LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025