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Company Registration No. 09525644 (England and Wales)
5 HEALTH SOLUTIONS LTD Unaudited accounts for the year ended 31 March 2025
5 HEALTH SOLUTIONS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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5 HEALTH SOLUTIONS LTD Company Information for the year ended 31 March 2025
Director
Syed Ali Raza Naqvi
Company Number
09525644 (England and Wales)
Registered Office
SUITE 2 PARKWAY 5 PARKWAY BUSINESS CENTR 300 PRINCESS ROAD MANCHESTER M14 7HR ENGLAND
Accountants
CLEARCUT ACCOUNTING LIMITED SUITE 2 PARKWAY 5 PARKWAY BUSINESS CENT 300 PRINCESS ROAD MANCHESTER M14 7HR
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5 HEALTH SOLUTIONS LTD Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,611
291
Current assets
Inventories
(2,728)
10,910
Debtors
5
948,086
842,564
Cash at bank and in hand
123,869
163,316
1,069,227
1,016,790
Creditors: amounts falling due within one year
6
(640,735)
(680,426)
Net current assets
428,492
336,364
Total assets less current liabilities
430,103
336,655
Creditors: amounts falling due after more than one year
7
(100,355)
(66,004)
Net assets
329,748
270,651
Capital and reserves
Called up share capital
4
4
Share premium
58,000
58,000
Profit and loss account
271,744
212,647
Shareholders' funds
329,748
270,651
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 31 December 2025 and were signed on its behalf by
Syed Ali Raza Naqvi Director Company Registration No. 09525644
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5 HEALTH SOLUTIONS LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
5 HEALTH SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 09525644. The registered office is SUITE 2 PARKWAY 5 PARKWAY BUSINESS CENTR, 300 PRINCESS ROAD, MANCHESTER, M14 7HR, ENGLAND.
2
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Computer equipment
SLM over 4 years
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Going concern
The financial statements have been prepared on the going concern basis which the director believe to appropriate for the following reasons. The director have prepared cash flow forecasts for a period of 12 months which indicate that, taking account of reasonably possible downsides, the company will have sufficient funds in downside cases to meet its liabilities as they fall due for that period. Therefore have prepared the financial statements on going concern basis.
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5 HEALTH SOLUTIONS LTD Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
1,601
1,459
2,288
5,348
Additions
-
-
1,575
1,575
At 31 March 2025
1,601
1,459
3,863
6,923
Depreciation
At 1 April 2024
1,601
1,459
1,997
5,057
Charge for the year
-
-
255
255
At 31 March 2025
1,601
1,459
2,252
5,312
Net book value
At 31 March 2025
-
-
1,611
1,611
At 31 March 2024
-
-
291
291
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
15,919
28,648
Trade debtors
97,793
67,312
Other debtors
157,905
224,452
271,617
320,412
Amounts falling due after more than one year
Amounts due from group undertakings etc.
-
74,597
Other debtors
676,469
447,555
676,469
522,152
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
547,617
490,028
Taxes and social security
55,340
34,949
Other creditors
5,117
114,889
Loans from directors
32,661
40,560
640,735
680,426
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.
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5 HEALTH SOLUTIONS LTD Notes to the Accounts for the year ended 31 March 2025
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
41,355
19,829
Other creditors
59,000
46,175
100,355
66,004
8
Operating lease commitments
2025
2024
£
£
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
5,952
-
9
Controlling party
The director controls the company.
10
Average number of employees
During the year the average number of employees was 10 (2024: 12).
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