Nirvana Health Limited - Filleted accounts

Registered number

06897080

Nirvana Health Limited

Filleted Accounts

31 March 2025

Nirvana Health Limited
Registered number:		06897080
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
As restated
Fixed assets
Tangible assets	3		15,004			18,760
Investment property	4		696,734			696,734
			711,738			715,494
Current assets
Stocks		157,250			122,490
Debtors	5	38,620			49,107
Cash at bank and in hand		58,842			37,992
		254,712			209,589

Creditors: amounts falling due within one year	6	(337,013)			(320,885)

Net current liabilities			(82,301)			(111,296)

Total assets less current liabilities			629,437			604,198

Creditors: amounts falling due after more than one year	7		(325,322)			(325,322)

Net assets			304,115			278,876

Capital and reserves
Called up share capital			150			150
Share premium			29,000			29,000
Profit and loss account			274,965			249,726

Shareholders' funds			304,115			278,876

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



Rinesh Shashikant Doshi
Director
Approved by the board on 15 October 2025

Nirvana Health Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	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 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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	20% reducing balance

	Investment properties
	"Investment properties are properties held to earn rentals and/or for capital appreciation. The properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in revaluation reserves in the period in which they arise; and no depreciation is provided in respect of investment properties applying the fair value model. Investment property fair value is determined by the director based on his understanding of property market conditions and derived from current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific assets."

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Functional and presentation currency
	The financial statements of the company are measured and presented in the currency of the primary economic environment in which the company operates, the functional currency. The financial statements are presented in Pound sterling (£), which is the company’s functional currency.

	Employee benefits
	Short-term employee benefits Short-term employee benefits are recognised as an expense in the period in which they are incurred. Post-employment defined contribution plans Amounts in respect of defined contributions plans are recognised as an expense as they are incurred. Termination benefits Provisions for termination benefits are recognised only when the company is demonstrably committed to terminate the employment of an employee or of a group of employees before their normal retirement date or to provide termination benefits as a result of an offer made in order to encourage voluntary redundancy.

	Going concern
	The financial statements have been prepared on the basis that the company will receive continued financial support from bank and directors and has adequate resources to continue in operational existence for the foreseeable future.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		5		5


3	Tangible fixed assets
					Fixtures, fittings, tools and equipment
£
As restated
	Cost
	At 1 April 2024				60,423
	At 31 March 2025				60,423

	Depreciation
	At 1 April 2024				41,663
	Charge for the year				3,756
	At 31 March 2025				45,419

	Net book value
	At 31 March 2025				15,004
	At 31 March 2024				18,760


4	Investment property

Investment
property
£
	Cost
	At 1 April 2024				696,734

	At 31 March 2025				696,734


5	Debtors		2025		2024
£				£

	Trade debtors		23,351		33,549
	Other debtors		15,269		15,558
			38,620		49,107


6	Creditors: amounts falling due within one year		2025		2024
£				£

	Bank loans and overdrafts		65,286		58,193
	Trade creditors		150,524		172,465
	Corporation tax		8,145		12,091
	Other taxes and social security costs		3,757		2,651
	Other creditors		109,301		75,485
			337,013		320,885


7	Creditors: amounts falling due after one year		2025		2024
£				£

	Bank loans		325,322		325,322


8	Related party transactions

	Included within other creditors is a directors' loan of £84,058 (2024 - £40,385).


9	Controlling party

	The directors do not consider there to be an ultimate controlling party.


10	Other information

	Nirvana Health Limited is a private company limited by shares and incorporated in England. Its registered office is:

	321 Green Lanes
	Palmers Green
	London
	N13 4TY