Company Registration No. 06997189 (England and Wales)
Healthwatch Limited
Unaudited accounts
for the year ended 31 March 2025
Healthwatch Limited
Unaudited accounts
Contents
Healthwatch Limited
Company Information
for the year ended 31 March 2025
Director
Augustus Damian John Kennedy
Company Number
06997189 (England and Wales)
Registered Office
Mayfield Clinic
256 Banbury Road
Oxford
OX2 7DE
England
Healthwatch Limited
Statement of financial position
as at 31 March 2025
Tangible assets
50,240
51,304
Cash at bank and in hand
163,203
107,711
Creditors: amounts falling due within one year
(145,021)
(209,248)
Net current assets
706,288
512,388
Net assets
756,528
563,692
Called up share capital
100
100
Profit and loss account
756,428
563,592
Shareholders' funds
756,528
563,692
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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 December 2025 and were signed on its behalf by
Augustus Damian John Kennedy
Director
Company Registration No. 06997189
Healthwatch Limited
Notes to the Accounts
for the year ended 31 March 2025
Healthwatch Limited is a private company, limited by shares, registered in England and Wales, registration number 06997189. The registered office is Mayfield Clinic, 256 Banbury Road, Oxford, OX2 7DE, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax.
Revenue from the sale of services is recognised when the service has been performed, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% straight line
Motor vehicles
10% straight line
Computer equipment
25% straight line
Healthwatch Limited
Notes to the Accounts
for the year ended 31 March 2025
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
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Tangible fixed assets
Land & buildings
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
67,713
54,689
114,784
237,186
Additions
12,561
-
4,718
17,279
At 31 March 2025
80,274
54,689
119,502
254,465
At 1 April 2024
67,713
11,849
106,320
185,882
Charge for the year
2,404
10,938
5,001
18,343
At 31 March 2025
70,117
22,787
111,321
204,225
At 31 March 2025
10,157
31,902
8,181
50,240
At 31 March 2024
-
42,840
8,464
51,304
Amounts falling due within one year
Trade debtors
7,173
15,409
Amounts due from group undertakings etc.
21,770
-
Accrued income and prepayments
35,143
62,846
Amounts falling due after more than one year
Other debtors
623,162
535,670
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
60,943
87,500
Taxes and social security
70,988
110,633
Other creditors
13,055
11,115
Healthwatch Limited
Notes to the Accounts
for the year ended 31 March 2025
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Transactions with related parties
As at 31 March 2025, £21,770 (2024: £nil) was owed by The Lathbury Group Ltd, a company incorporated in England with registration number 15291957. The Lathbury Group Ltd is the ultimate controlling party of Healthwatch Limited. The loan is interest-free and repayable on demand.
The company has outstanding loans of £623,162 (2024: £535,670) from Hero Doctor Limited, a company incorporated in England with registration number 10924177. The companies are controlled by connected persons. The loans, which are included within other debtors (Note 5), are interest-free and repayable on demand.
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Average number of employees
During the year the average number of employees was 4 (2024: 6).