Acorah Software Products - Accounts Production 16.7.461 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 09084952 Mr Onkar Singh Mr Harpal Bhandal Mrs Rajbir Kaur iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09084952 2024-03-31 09084952 2025-03-31 09084952 2024-04-01 2025-03-31 09084952 frs-core:CurrentFinancialInstruments 2025-03-31 09084952 frs-core:Non-currentFinancialInstruments 2025-03-31 09084952 frs-core:ComputerEquipment 2025-03-31 09084952 frs-core:ComputerEquipment 2024-04-01 2025-03-31 09084952 frs-core:ComputerEquipment 2024-03-31 09084952 frs-core:FurnitureFittings 2025-03-31 09084952 frs-core:FurnitureFittings 2024-04-01 2025-03-31 09084952 frs-core:FurnitureFittings 2024-03-31 09084952 frs-core:NetGoodwill 2025-03-31 09084952 frs-core:NetGoodwill 2024-04-01 2025-03-31 09084952 frs-core:NetGoodwill 2024-03-31 09084952 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 09084952 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 09084952 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 09084952 frs-core:MotorVehicles 2025-03-31 09084952 frs-core:MotorVehicles 2024-04-01 2025-03-31 09084952 frs-core:MotorVehicles 2024-03-31 09084952 frs-core:ShareCapital 2025-03-31 09084952 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09084952 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09084952 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09084952 frs-bus:SmallEntities 2024-04-01 2025-03-31 09084952 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09084952 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09084952 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 09084952 frs-bus:OrdinaryShareClass1 2025-03-31 09084952 frs-core:UnlistedNon-exchangeTraded 2025-03-31 09084952 frs-core:UnlistedNon-exchangeTraded 2024-03-31 09084952 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 09084952 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 09084952 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 09084952 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 09084952 frs-bus:Director1 2024-04-01 2025-03-31 09084952 frs-bus:Director2 2024-04-01 2025-03-31 09084952 frs-bus:Director3 2024-04-01 2025-03-31 09084952 frs-core:CurrentFinancialInstruments 1 2025-03-31 09084952 frs-countries:EnglandWales 2024-04-01 2025-03-31 09084952 2023-03-31 09084952 2024-03-31 09084952 2023-04-01 2024-03-31 09084952 frs-core:CurrentFinancialInstruments 2024-03-31 09084952 frs-core:Non-currentFinancialInstruments 2024-03-31 09084952 frs-core:ShareCapital 2024-03-31 09084952 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09084952 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31 09084952 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 09084952
ADM Healthcare Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Dhillon Accountants Limited
Chartered Accountants
Office 1
21 Hatherton Street
Walsall
WS4 2LA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 09084952
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,489,581 1,916,092
Tangible Assets 5 91,015 53,870
Investments 6 1,563,622 1,563,622
4,144,218 3,533,584
CURRENT ASSETS
Stocks 7 303,436 248,508
Debtors 8 1,375,127 1,064,961
Cash at bank and in hand 414,757 381,874
2,093,320 1,695,343
Creditors: Amounts Falling Due Within One Year 9 (1,744,770 ) (1,332,844 )
NET CURRENT ASSETS (LIABILITIES) 348,550 362,499
TOTAL ASSETS LESS CURRENT LIABILITIES 4,492,768 3,896,083
Creditors: Amounts Falling Due After More Than One Year 10 (3,088,266 ) (2,692,781 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (13,272 ) (13,343 )
NET ASSETS 1,391,230 1,189,959
CAPITAL AND RESERVES
Called up share capital 11 300 300
Profit and Loss Account 1,390,930 1,189,659
SHAREHOLDERS' FUNDS 1,391,230 1,189,959
Page 1
Page 2
For the year ending 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Onkar Singh
Director
06/09/2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
ADM Healthcare Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09084952 . The registered office is 101 High Street, Moxley, Wednesbury, United Kingdom, WS10 8RT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amounts of the identifiable assets, liabilities and contingent liabilities of the acquired business.
Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed to not
exceed ten years.
Goodwill on acquisitions made is being amortised over their expected useful life of twenty years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold Straight line over 12 years
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 33% on cost
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Page 4
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. 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 statement of comprehensive income 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 timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 49 (2024: 38)
49 38
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 2,436,369
Additions 731,902
As at 31 March 2025 3,168,271
Amortisation
As at 1 April 2024 520,277
Provided during the period 158,413
As at 31 March 2025 678,690
...CONTINUED
Page 4
Page 5
Net Book Value
As at 31 March 2025 2,489,581
As at 1 April 2024 1,916,092
5. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 3,000 11,600 114,355 14,689 143,644
Additions - 22,250 22,380 5,213 49,843
As at 31 March 2025 3,000 33,850 136,735 19,902 193,487
Depreciation
As at 1 April 2024 2,500 9,359 64,928 12,987 89,774
Provided during the period 250 2,647 8,508 1,293 12,698
As at 31 March 2025 2,750 12,006 73,436 14,280 102,472
Net Book Value
As at 31 March 2025 250 21,844 63,299 5,622 91,015
As at 1 April 2024 500 2,241 49,427 1,702 53,870
6. Investments
Unlisted
£
Cost or Valuation
As at 1 April 2024 1,563,622
As at 31 March 2025 1,563,622
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 1,563,622
As at 1 April 2024 1,563,622
Page 5
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7. Stocks
2025 2024
£ £
Stock 303,436 248,508
8. Debtors
2025 2024
£ £
Due within one year
Trade debtors 826,608 548,888
Prepayments and accrued income 20,348 13,074
Other debtors 425,959 422,584
VAT 81,272 53,857
Directors' loan accounts 20,940 92
Amounts owed by group undertakings - 26,466
1,375,127 1,064,961
9. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 896,247 703,997
Bank loans and overdrafts 500,538 407,840
Corporation tax 114,490 51,332
Other taxes and social security 15,352 10,795
Net wages 60,467 45,961
Capital on Tap Account 61,701 69,748
Accruals and deferred income 17,845 20,279
Directors' loan accounts - 22,892
Amounts owed to group undertakings 78,130 -
1,744,770 1,332,844
10. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 3,088,266 2,692,781
11. Share Capital
2025 2024
Allotted, called up and fully paid £ £
300 Ordinary Shares of £ 1.00 each 300 300
Page 6
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12. Related Party Transactions
Included in other debtors are the balances due from the companies mentioned below:
First Health (Midlands) Ltd ("FHM")     £70,932 (2024 - £63,875)
BG84 Ltd ("BG84")                               £351,030 (2024 - £350,000)
The all above loans are interest free and repayable on demand.
Mr Onkar Singh, Mrs Rajbir Kaur and Mr Harpal Singh Bhandal were the directors of FHM & BG84 as at 31 March 2025.
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