Mirage Health Group Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04168544 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Mirage Health Group Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J Bishop

REGISTERED OFFICE:

11 Tewin Court

Welwyn Garden City

Hertfordshire

AL7 1AU

REGISTERED NUMBER:

04168544 (England and Wales)

AUDITORS:

Godfrey Laws Audit Limited

65 Knowl Piece

Wilbury Way

Hitchin

Hertfordshire

SG4 0TY

FIXED ASSETS

Tangible assets

4

1,526

2,741

CURRENT ASSETS

Stocks

183,561

102,291

Debtors

5

247,518

255,110

Cash in hand

10,178

441,257

367,579

CREDITORS

Amounts falling due within one year

6

180,460

168,383

NET CURRENT ASSETS

260,797

199,196

TOTAL ASSETS LESS CURRENT
LIABILITIES

262,323

201,937

CREDITORS

Amounts falling due after more than one
year

7

1,768

12,155

NET ASSETS

260,555

189,782

CAPITAL AND RESERVES

Called up share capital

4

Share premium

17,500

Retained earnings

243,051

172,278

SHAREHOLDERS' FUNDS

260,555

189,782

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 December 2025 and were signed by:

J Bishop - Director

1.	STATUTORY INFORMATION

Mirage Health Group Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

25% on cost

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Computer

property

equipment

Totals

£

COST

At 1 April 2024

and 31 March 2025

3,034

580

3,614

DEPRECIATION

At 1 April 2024

692

181

873

Charge for year

1,115

100

1,215

At 31 March 2025

1,807

281

2,088

NET BOOK VALUE

At 31 March 2025

1,227

299

1,526

At 31 March 2024

2,342

399

2,741

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

18,686

71,839

Other debtors

941

Directors' current accounts

74,701

56,189

VAT

1,151

-

Deferred tax asset

146,595

120,260

Prepayments and accrued income

5,444

5,881

247,518

255,110

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

43,626

24,122

Trade creditors

120,914

63,389

Social security and other taxes

3,820

3,365

VAT

-

10,252

Other creditors

4,600

3,151

Accruals and deferred income

7,500

Accrued expenses

-

56,604

180,460

168,383

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans - 1-2 years

1,768

10,387

Bank loans - 2-5 years

-

1,768

12,155

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Howard Ashmore FCA (Senior Statutory Auditor)

for and on behalf of Godfrey Laws Audit Limited

9.	CAPITAL COMMITMENTS

31.3.25

31.3.24

£

Contracted but not provided for in the

financial statements

136,292

23,303

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date, the director owed £74,701 (2024: £56,189) to the company. Interest has been charged on the loan at 2.25%. The loan is unsecured and repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is J Bishop.