Rhythm Health Limited


FINANCIAL STATEMENTS


for the year ended 28th February 2025



Rhythm Health Limited

CONTENTS

for the year ended 28th February 2025







The Accounts are comprised of the following:

Statement of Financial Position

Notes to the Accounts



Please note that the Accounts comprise of HTML and iXBRL source code and that this is a printed or visual representation of that source code some of which will not be displayed or printed.

Rhythm Health Limited

Company No. 08912028

STATEMENT OF FINANCIAL POSITION

as at 28th February 2025

20252024
Note£££
FIXED ASSETS
Property, plant and equipment41197114083
1197114083
CURRENT ASSETS
Stocks535411240
Debtors64211142986
Cash at bank and in hand35581641
4921045867
CURRENT LIABILITIES
Creditors: amounts falling due
within one year7195063192147
NET CURRENT LIABILITIES(145853)(146280)
TOTAL ASSETS LESS CURRENT LIABILITIES(133882)(132197)
 
Creditors: amounts falling due
after more than one year8450000400000
 
NET ASSETS(583882)(532197)
 
CAPITAL AND RESERVES
Called up share capital100100
Retained earnings(583982)(532297)
SHAREHOLDERS FUNDS(583882)(532197)

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies which are subject to the small companies' regime. The Income Statement has not been delivered to the Registrar of Companies.

For the year ended 28th February 2025 the Company is entitled to the exemption from the requirement to obtain an audit conferred by section 477 of the Companies Act 2006 and 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.

Approved by the Board on 28 November 2025


B Owen

Director

Company Number 08912028 (England)

Rhythm Health Limited

NOTES TO THE ACCOUNTS

for the year ended 28th February 2025


1   Statutory information

Rhythm Health Limited is a private company limited by shares and registered under company number 08912028 in England. Its registered office address is 12 Hatherley Road, Sidcup, Kent, DA14 4DT.

These financial statements are presented in Sterling, which is the functional currency of the company.

2   Accounting policies

Basis of preparation of financial statements

The accounts have been prepared under the historical cost convention in accordance with the accounting policies set out below, and in accordance with Financial Reporting Standard 102 Section 1A and the Companies Act 2006.

Income Recognition

Revenue is measured at the fair value of the consideration received or receivable. Turnover is shown net of value added tax, returns, rebates and discounts. Revenue is recognised for the sale of goods when the vendor has transferred the significant risks and rewards of ownership, it is possible that the economic benefit will flow to the entity and the revenue and associated costs can be reliably measured.

Depreciation

Depreciation is provided on all property, plant and equipment, 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:

Leasehold land and buildingsover the lease term straight line
Plant, machinery and vehicles25% reducing balance

Stocks

Stocks are valued at the lower of cost and expected selling price less any costs to sell.

Leasing

Assets, obtained under hire purchase contracts and finance leases, are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.

Foreign Currencies

Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the reporting date. All differences are taken to the Income Statement. Non-monetary assets and liabilities that are measured in terms of historical cost in a foreign currency are translated using the exchange rate at the date of the transaction.

3   Employee information

The average number of employees during the accounting period was 2 (2024 - 2).

4   Property, plant and equipment
 
PlantFixtures
Land andandand
BuildingsMachineryFittingsTotal
££££
Cost
At 1st March 2024 and
At 28th February 20251145717136298331576
 
Depreciation
At 1st March 2024 64548421261817493
Charge for year7501307552112
At 28th February 202572049728267319605
 
Net Book Value
At 28th February 20254253740831011971
At 29th February 20245003871536514083

5   Stocks20252024
££
 
Raw materials and consumables35411240
35411240

The difference between purchase price or production cost of stocks and their replacement cost is not material.


6   Debtors20252024
££
 
Trade Debtors67366755
Other debtors3537536231
4211142986

7   Creditors: amounts falling due within one year20252024
££
 
Loans and Overdrafts7858485584
Trade Creditors1313612484
Other creditors9304384079
Accruals and deferred income1030010000
195063192147

8   Creditors: amounts falling due after one year20252024
££
 
Loans and Overdrafts450000400000
450000400000

9   Loans20252024
££
Analysis of maturity of debt:
 
Within one year7858485584
Between one and five years450000400000
528584485584

10   Transactions with Directors

There were no transactions with Directors except as reflected in the Director's loan account for each Director. The closing balances of each account are as detailed below. Credit balances are shown without brackets. These balances are included in the figure for "Creditors and Accruals" in the accounts. Overdrawn balances are included in the figure for "Other Debtors".

20252024
££
 
B Owen9068783041
9068783041

2025-02-28false2024-03-012025-02-2808912028uk-bus:Director12024-03-012025-02-2808912028uk-gaap:ShareCapital2025-02-2808912028uk-gaap:ShareCapital2024-02-2908912028uk-gaap:RetainedEarningsAccumulatedLosses2025-02-2808912028uk-gaap:RetainedEarningsAccumulatedLosses2024-02-2908912028uk-gaap:LongLeaseholdAssetsuk-gaap:Buildings2024-03-012025-02-2808912028uk-gaap:VehiclesPlantMachinery2024-03-012025-02-2808912028uk-gaap:LandBuildings2024-02-2908912028uk-gaap:PlantMachinery2024-02-2908912028uk-gaap:FurnitureFittingsToolsEquipment2024-02-2908912028uk-gaap:LandBuildings2024-03-012025-02-2808912028uk-gaap:PlantMachinery2024-03-012025-02-2808912028uk-gaap:FurnitureFittingsToolsEquipment2024-03-012025-02-2808912028uk-gaap:LandBuildings2025-02-2808912028uk-gaap:PlantMachinery2025-02-2808912028uk-gaap:FurnitureFittingsToolsEquipment2025-02-2808912028uk-gaap:WithinOneYear2025-02-2808912028uk-gaap:WithinOneYear2024-02-2908912028uk-gaap:AfterOneYear2025-02-2808912028uk-gaap:AfterOneYear2024-02-29089120282024-03-012025-02-28089120282023-03-012024-02-29089120282025-02-28089120282024-02-2908912028uk-bus:SmallEntities2024-03-012025-02-2808912028uk-bus:AuditExempt-NoAccountantsReport2024-03-012025-02-2808912028uk-bus:FullAccounts2024-03-012025-02-2808912028uk-bus:PrivateLimitedCompanyLtd2024-03-012025-02-2808912028countries:EnglandWales2024-03-012025-02-2808912028uk-bus:Director112024-02-2908912028uk-bus:Director112025-02-28iso4217:GBPxbrli:purexbrli:shares