Habitual Healthcare Ltd Accounts






	Habitual Healthcare Ltd
	Company No. 15535376
	Information for Filing with The Registrar
	31 March 2025

The Directors present their report and the accounts for the period ended 31 March 2025.

Principal activities

The principal activity of the company during the period under review was Other information technology service activities.


Directors

The Directors who served at any time during the period were as follows:

D.A.C.Perks
N.Ransom Pratini
S.Khemka




The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

N.Ransom Pratini
Director
31 March 2025

at	31 March 2025
Company No.		15535376	Notes	2025
				£
Fixed assets
	Intangible assets		4	45,692
	Tangible assets		5	4,081
				49,773
Current assets
	Stocks		6	274,292
	Debtors		7	557,352
	Cash at bank and in hand			46,414
				878,058
Creditors: Amount falling due within one year			8	(222,281)
Net current assets				655,777
Total assets less current liabilities				705,550
Creditors: Amounts falling due after more than one year			9	(175,008)
Net assets				530,542

Capital and reserves
	Called up share capital			113
	Share premium account		11	629,887
	Profit and loss account		11	(99,458)

Total equity				530,542


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the period ended 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.


As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 31 March 2025 and signed on its behalf by:
N.Ransom Pratini
Director
31 March 2025

for the period ended 31 March 2025

1

General information

Habitual Healthcare Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 15535376

Its registered office is:

25

Eccleston Place

London

SW1W 9NF

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: • the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; • 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 economic benefits associated with the transaction will flow to the Company; and • the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Research and development costs

Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other 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.

3	Employees
		2025
		Number
	The average monthly number of employees (including directors) during the period:	9

4	Intangible fixed assets
			Goodwill	Patents and trade-marks	Development costs	Other	Total
			£	£	£	£	£
		Cost
		Additions	1	45,691	-	-	45,692
		At 31 March 2025	1	45,691	-	-	45,692
		Amortisation and impairment
		Net book values
		At 31 March 2025	1	45,691	-	-	45,692

5	Tangible fixed assets
			Land and buildings	Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£	£
		Cost or revaluation
		Additions	-	-	-	4,939	4,939
		At 31 March 2025	-	-	-	4,939	4,939
		Depreciation
		Charge for the year	-	-	-	858	858
		At 31 March 2025	-	-	-	858	858
		Net book values
		At 31 March 2025	-	-	-	4,081	4,081

6	Stocks
			2025
			£
		Finished goods	274,292
			274,292

7	Debtors
			2025
			£
		Trade debtors	273,446
		VAT recoverable	9,104
		Loans to directors	149
		Other debtors	51,691
		Prepayments and accrued income	222,962
			557,352

8	Creditors:
		amounts falling due within one year
			2025
			£
		Bank loans and overdrafts	27,871
		Trade creditors	121,121
		Taxes and social security	38,712
		Other creditors	3,382
		Accruals and deferred income	31,195
			222,281

9	Creditors:
		amounts falling due after more than one year
			2025
			£
		Other loans	175,008
			175,008

10

Share Capital

113

11

Reserves

Share premium account - includes any premiums received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium.

Profit and loss account - includes all current and prior period retained profits and losses.

12

Advances and credits to directors

At the year end, the Director’s Loan Account showed a balance due from the director. This balance was fully repaid post year end, within the timeframe required under Section 455 of the Corporation Tax Act 2010