ACCOUNTS - Final Accounts

Registered number: 04947264

NOVAMAP HEALTH LIMITED (FORMERLY CAREMOTIVE LIMITED)

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2025

NOVAMAP HEALTH LIMITED (FORMERLY CAREMOTIVE LIMITED)

REGISTERED NUMBER: 04947264

BALANCE SHEET

AS AT 30 APRIL 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		95		158
			95		158
Current assets
Debtors: amounts falling due within one year	5	91,358		232,092
Cash at bank and in hand	6	583,886		322,481
		675,244		554,573
Creditors: amounts falling due within one year	7	(242,112)		(335,258)
Net current assets			433,132		219,315
Total assets less current liabilities			433,227		219,473

Net assets			433,227		219,473

Capital and reserves
Called up share capital	100	100
Profit and loss account	433,127	219,373
	433,227	219,473

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 November 2025.

................................................

Paul Burgess Richardson

Director

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NOVAMAP HEALTH LIMITED (FORMERLY CAREMOTIVE LIMITED)

REGISTERED NUMBER: 04947264

BALANCE SHEET (CONTINUED)

AS AT 30 APRIL 2025

The notes on pages 3 to 6 form part of these financial statements.

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NOVAMAP HEALTH LIMITED (FORMERLY CAREMOTIVE LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1.	General information

The entity is a private company limited by shares incorporated in England with registered office situated at Suite 2A1, Northside House, Mount Pleasant, Barnet EN4 9EB.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

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NOVAMAP HEALTH LIMITED (FORMERLY CAREMOTIVE LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

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NOVAMAP HEALTH LIMITED (FORMERLY CAREMOTIVE LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

4.	Tangible fixed assets

		Other fixed assets
		£
	Cost or valuation
	At 1 May 2024	88,077
	At 30 April 2025	88,077
	Depreciation
	At 1 May 2024	87,919
	Charge for the year on owned assets	63
	At 30 April 2025	87,982
	Net book value
	At 30 April 2025	95
	At 30 April 2024	158

Debtors

2025

2024

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NOVAMAP HEALTH LIMITED (FORMERLY CAREMOTIVE LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

5.Debtors (continued)


Trade debtors	91,358	142,565
Other debtors	-	89,527
	91,358	232,092

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	583,886	322,481
	583,886	322,481

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	26,811	24,566
Corporation tax	123,332	100,503
Other taxation and social security	27,871	43,613
Other creditors	-	275
Accruals and deferred income	64,098	166,301
	242,112	335,258

8.	Pension commitments

The company makes contributions to the pension schemes of certain directors. During the year under review an amount of £48,675 (2024 - £54,192) was paid. No amount was outstanding at the year end.

9.	Controlling party

The directors do not regard the company as being under the control of any one person or entity.

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