The Software for Health Foundation Limited

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

Registered number: 12531541

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	58,917		6,297
Debtors	5	4,432		12,396
Cash at bank and in hand		8,529		36,650

		71,878		55,343
Creditors: Amounts Falling Due Within One Year	6	(72,589 )		(56,054 )

NET CURRENT ASSETS (LIABILITIES)			(711 )		(711 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(711 )		(711 )

NET LIABILITIES			(711 )		(711 )

Income and Expenditure Account			(711 )		(711 )

MEMBERS' FUNDS			(711)		(711)

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.

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

The directors acknowledge their 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 Income and Expenditure Account.

On behalf of the board

Mr James Fry

Director

05/09/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

The Software for Health Foundation Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 12531541 . The registered office is Unit 1, The Woodford Centre Lysander Way, Old Sarum, Salisbury, Wiltshire, SP4 6BU.

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. 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.

2.3. 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: NIL (2024: NIL)

4. Stocks

	2025	2024
	£	£
Work in progress	58,917	6,297

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	12,258
VAT	4,432	138

	4,432	12,396

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The Software for Health Foundation Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	47,996	31,461
Other creditors	24,018	24,018
Accruals and deferred income	575	575

	72,589	56,054

7. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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