Acorah Software Products - Accounts Production 16.8.310 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 11241419 P Leonard L Leonard iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11241419 2024-03-31 11241419 2025-03-31 11241419 2024-04-01 2025-03-31 11241419 frs-core:CurrentFinancialInstruments 2025-03-31 11241419 frs-core:Non-currentFinancialInstruments 2025-03-31 11241419 frs-core:FurnitureFittings 2025-03-31 11241419 frs-core:FurnitureFittings 2024-04-01 2025-03-31 11241419 frs-core:FurnitureFittings 2024-03-31 11241419 frs-core:ShareCapital 2025-03-31 11241419 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11241419 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11241419 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11241419 frs-bus:SmallEntities 2024-04-01 2025-03-31 11241419 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11241419 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11241419 frs-bus:Director1 2024-04-01 2025-03-31 11241419 frs-bus:Director1 2024-03-31 11241419 frs-bus:Director1 2025-03-31 11241419 frs-bus:Director2 2024-04-01 2025-03-31 11241419 frs-countries:EnglandWales 2024-04-01 2025-03-31 11241419 2023-03-31 11241419 2024-03-31 11241419 2023-04-01 2024-03-31 11241419 frs-core:CurrentFinancialInstruments 2024-03-31 11241419 frs-core:Non-currentFinancialInstruments 2024-03-31 11241419 frs-core:ShareCapital 2024-03-31 11241419 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11241419
Healthcare 25 Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Healthcare 25 Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Healthcare 25 Ltd
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 11241419

| 2025 | 2024 as restated
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | 4,950 |  | 6,187
|  |  | 4,950 |  | 6,187
CURRENT ASSETS
Stocks | 6 | 171,500 |  | 85,000 |
Debtors | 7 | 4,431,846 |  | 4,309,650 |
Investments | 8 | 179,762 |  | 2,029,428 |
Cash at bank and in hand |  | 1,461,172 |  | 79,587 |
|  | 6,244,280 |  | 6,503,665 |
Creditors: Amounts Falling Due Within One Year | 9 | (127,805 ) |  | (249,894 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 6,116,475 |  | 6,253,771
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 6,121,425 |  | 6,259,958
NET ASSETS |  |  | 6,121,425 |  | 6,259,958
CAPITAL AND RESERVES
Called up share capital | 10 |  | 1 |  | 1
Profit and Loss Account |  |  | 6,121,424 |  | 6,259,957
SHAREHOLDERS' FUNDS |  |  | 6,121,425 |  | 6,259,958

Page 1
Page 2
Healthcare 25 Ltd
Balance Sheet (continued)
As At 31 March 2025
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

P Leonard Director
12 March 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Healthcare 25 Ltd
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Healthcare 25 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11241419 . The registered office is 128 City Road, London, EC1V 2NX.
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. 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:

Fixtures & Fittings | 3 years straight line

2.4. 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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
Current is recognised in profit or loss for the year, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case current tax is 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: 4 (2024: 4)
4 4
4. Prior Period Adjustment
During the preparation of the financial statements one adjustment has been identified in relation to prior year balances. This adjustment is due to HMRC rejecting a revised payroll submission for the year ended 31 March 2024 year which is the basis the accounts were submitted. As such, a journal of £94,886 has been posted which has reduced the profit in year ended 31 March 2024, and increased creditors by the same amount.
Page 3
Page 4
Healthcare 25 Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
5. Tangible Assets

| Fixtures & Fittings
--- | ---
| £
Cost
As at 1 April 2024 | 15,663
As at 31 March 2025 | 15,663
Depreciation
As at 1 April 2024 | 9,476
Provided during the period | 1,237
As at 31 March 2025 | 10,713
Net Book Value
As at 31 March 2025 | 4,950
As at 1 April 2024 | 6,187

6. Stocks

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Stock | 171,500 |  | 85,000

7. Debtors

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 110,803 |  | 127,306
Prepayments and accrued income | 35,826 |  | -
Other debtors | 4,275,592 |  | 4,182,344
Directors' loan accounts | 8,506 |  | -
| 4,430,727 |  | 4,309,650
Due after more than one year
Corporation tax recoverable assets | 1,119 |  | -
| 4,431,846 |  | 4,309,650

8. Current Asset Investments

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Other investments, held for sale | 179,762 |  | 2,029,428

Page 4
Page 5
Healthcare 25 Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
9. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Trade creditors | 28,133 |  | 13,782
Other loans | 5,053 |  | -
Corporation tax | 1,119 |  | -
Other taxes and social security | 542 |  | 5,211
VAT | 30,559 |  | 67,848
Other creditors | 57,899 |  | 127,306
Accruals and deferred income | 4,500 |  | -
Directors' loan accounts | - |  | 35,747
| 127,805 |  | 249,894

10. Share Capital

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 April 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 March 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mrs Paula Leonard | (35,747 ) | 652,639 | (608,386 ) | - | 8,506

The above loan is unsecured, interest free and repayable on demand.
Page 5