| DJ's Health Mantra Limited |
| Registered number: |
05905210 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
35,000 |
|
|
35,000 |
| Tangible assets |
4 |
|
|
7,680 |
|
|
8,685 |
|
|
|
|
42,680 |
|
|
43,685 |
|
| Current assets |
| Stocks |
|
|
67,920 |
|
|
64,616 |
| Debtors |
5 |
|
29,917 |
|
|
47,941 |
| Investments held as current assets |
6 |
|
1,550 |
|
|
1,550 |
| Cash at bank and in hand |
|
|
161,341 |
|
|
20,560 |
|
|
|
260,728 |
|
|
134,667 |
|
| Creditors: amounts falling due within one year |
7 |
|
(242,258) |
|
|
(138,286) |
|
| Net current assets/(liabilities) |
|
|
|
18,470 |
|
|
(3,619) |
|
| Total assets less current liabilities |
|
|
|
61,150 |
|
|
40,066 |
|
| Creditors: amounts falling due after more than one year |
8 |
|
|
(12,112) |
|
|
(21,991) |
|
| Net assets |
|
|
|
49,038 |
|
|
18,075 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
200 |
|
|
200 |
| Profit and loss account |
|
|
|
48,838 |
|
|
17,875 |
|
| Shareholders' funds |
|
|
|
49,038 |
|
|
18,075 |
|
|
|
|
|
|
|
|
| The directors are 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 directors acknowledge their 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. |
|
|
|
|
| Rajkumar Jain |
| Director |
| Approved by the board on 16 December 2025 |
|
| DJ's Health Mantra Limited |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 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 |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, 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: |
|
|
Fixtures, fittings, tools and equipment |
20% reducing balance |
|
|
Government grants |
|
Grants received during the year from the government are recognised as other income. This income is recognised when the application is made to the local authority after receiving confirmation of entitlement from them. There would either be a debtor, a deferred income or no balance due recognised depending upon when the cash was received from the local authority. There are two types of grants received in the year:
1) Coronavirus Job Retention Scheme (CJRS):
CJRS is recognised on a straight line basis, accrued over the furlough period for each relevant employee on the PAYE payroll scheme. Cash payments are received from HMRC.
2) The Small Business Grant Fund (SBGF):
SBGF is recognised on an accrual basis. Cash payments are received from local council to which the company usually pays business rates. |
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
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. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
Leased assets |
|
The financial statements of the company are measured and presented in the currency of the primary economic environment in which the company operates, the functional currency. The financial statements are presented in Pound sterling (£), which is the company’s functional currency. |
|
|
Functional and presentation currency |
|
The financial statements of the company are measured and presented in the currency of the primary economic environment in which the company operates, the functional currency. The financial statements are presented in Pound sterling (£), which is the company’s functional currency. |
|
|
Employee benefits |
|
Short-term employee benefits
Short-term employee benefits are recognised as an expense in the period in which they are incurred.
Post-employment defined contribution plans
Amounts in respect of defined contributions plans are recognised as an expense as they are incurred.
Termination benefits
Provisions for termination benefits are recognised only when the company is demonstrably committed to terminate the employment of an employee or of a group of employees before their normal retirement date or to provide termination benefits as a result of an offer made in order to encourage voluntary redundancy. |
|
|
Going concern |
|
The financial statements have been prepared on the basis that the company will receive continued financial support from bank and director and has adequate resources to continue in operational existence for the foreseeable future. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
8 |
|
8 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 April 2024 |
35,000 |
|
At 31 March 2025 |
35,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 31 March 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
35,000 |
|
At 31 March 2024 |
35,000 |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years. |
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 April 2024 |
2,000 |
|
29,898 |
|
31,898 |
|
Additions |
- |
|
416 |
|
416 |
|
At 31 March 2025 |
2,000 |
|
30,314 |
|
32,314 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2024 |
- |
|
23,213 |
|
23,213 |
|
Charge for the year |
- |
|
1,421 |
|
1,421 |
|
At 31 March 2025 |
- |
|
24,634 |
|
24,634 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
2,000 |
|
5,680 |
|
7,680 |
|
At 31 March 2024 |
2,000 |
|
6,685 |
|
8,685 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
22,417 |
|
40,441 |
|
Other debtors |
7,500 |
|
7,500 |
|
|
|
|
|
|
29,917 |
|
47,941 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Investments held as current assets |
2025 |
|
2024 |
| £ |
£ |
|
Fair value |
|
Unlisted investments |
1,550 |
|
1,550 |
|
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
21,357 |
|
7,369 |
|
Trade creditors |
85,111 |
|
117,900 |
|
Taxation and social security costs |
15,855 |
|
13,016 |
|
Other creditors |
119,935 |
|
1 |
|
|
|
|
|
|
242,258 |
|
138,286 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
12,112 |
|
21,991 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Related party transactions |
|
|
Included within other creditors is director's loan of £109,735 (2024- £nil) |
|
|
| 10 |
Controlling party |
|
|
The directors do not consider there to be an ultimate controlling party. |
|
|
| 11 |
Other information |
|
|
DJ's Health Mantra Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
75 Cranbrook Road |
|
Ilford |
|
Essex |
|
IG1 4PG |