5 HEALTH HOLDINGS LTD - Filleted accounts

Registered number

11652252

5 HEALTH HOLDINGS LTD

Filleted Accounts

31 October 2024

5 HEALTH HOLDINGS LTD
Registered number:		11652252
Balance Sheet
as at 31 October 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		140,000			140,000

Current assets
Debtors	4	34,201			22,203
Cash at bank and in hand		2,526			845
		36,727			23,048

Creditors: amounts falling due within one year	5	(54,620)			(43,964)

Net current liabilities			(17,893)			(20,916)

Total assets less current liabilities			122,107			119,084

Creditors: amounts falling due after more than one year	6		(43,191)			(51,307)



Net assets			78,916			67,777

Capital and reserves
Called up share capital			200			200
Revaluation reserve	7		40,000			40,000
Profit and loss account			38,716			27,577

Shareholders' funds			78,916			67,777

The director is 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 director acknowledges his 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.




Syed Ali Razza Naqvi
Director
Approved by the board on 27 August 2025

5 HEALTH HOLDINGS LTD
Notes to the Accounts
for the year ended 31 October 2024


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

	Tangible fixed assets
	The company owns an investment property that is held to generate rental income.The investment property is initially recognized at cost, which includes the purchase price and directly attributable costs. Subsequently, it is measured at fair value at each reporting date. Changes in the fair value are recognized in the profit and loss account. No depreciation is charged on the investment property.

	Investment Property	Not depreciated

	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. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	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.


2	Employees		2024		2023
Number				Number

	Average number of persons employed by the company		0		0


3	Tangible fixed assets
					Land and buildings
£
	Cost
	At 1 November 2023				140,000
	At 31 October 2024				140,000

	Depreciation
	At 31 October 2024				-

	Net book value
	At 31 October 2024				140,000
	At 31 October 2023				140,000


4	Debtors		2024		2023
£				£

	Other debtors		34,201		22,203


5	Creditors: amounts falling due within one year		2024		2023
£				£

	Bank loans and overdrafts		8,147		8,238
	Loans from directors		39,832		30,465
	Amounts owed to group undertakings and undertakings in which the company has a participating interest		1,127		-
	Taxation and social security costs		4,214		4,161
	Other creditors		1,300		1,100
			54,620		43,964


6	Creditors: amounts falling due after one year		2024		2023
£				£

	Bank loans		43,191		51,307


7	Revaluation reserve		2024		2023
£				£

	At 1 November 2023		40,000		40,000

	At 31 October 2024		40,000		40,000


8	Other information

	5 HEALTH HOLDINGS LTD is a private company limited by shares and incorporated in England. Its registered office is:
	Suite 2, Parkway 5
	300 Princess Road
	Manchester
	England
	M14 7HR