General Information
Fidelis Healthcare Ltd is a private company, limited by shares, registered in England and Wales, registration number 15253468, registration address Unit 110 Lombard Business Park, 8 Lombard Road, London, SW19 3TZ.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
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)
Going concern basis
The financial statements have been prepared on a going concern basis.
Turnover
Turnover comprises the invoiced value of services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Computer Equipment |
3 years Straight Line
|
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
Factored debts
The company includes factored debts within trade debtors since most of the risks and rewards of ownership of the factored debts have not passed to the factors. A corresponding liability is included in liabilities in respect of the proceeds received from the factor.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Average number of employees
Average number of employees during the year was 17 (2025 : 11).
|
| 3. |
Financial Commitments, Guarantees and Contingencies
At the balance sheet date, the company had commitments under non-cancellable lease and licence arrangements. Future minimum payments payable under these arrangements amounted to £26,726 (2025: £18,000).
The commitments comprise operating lease obligations in respect of company vehicles of £22,226 (2025: £nil) and a commercial property licence commitment of £4,500 (2025: £18,000).
The vehicle commitments arise from contractual lease arrangements entered into for business use. The property commitment relates to the occupation of commercial premises under a licence agreement. The directors consider these arrangements to be appropriate to support the company's operational requirements.
|
| 4. |
Tangible fixed assets
| Cost or valuation |
Computer Equipment |
|
Total |
| |
£ |
|
£ |
| At 01 April 2025 |
14,618 |
|
14,618 |
| Additions |
539 |
|
539 |
| Disposals |
- |
|
- |
| At 31 March 2026 |
15,157 |
|
15,157 |
| Depreciation |
| At 01 April 2025 |
5,298 |
|
5,298 |
| Charge for year |
4,977 |
|
4,977 |
| On disposals |
- |
|
- |
| At 31 March 2026 |
10,275 |
|
10,275 |
| Net book values |
| Closing balance as at 31 March 2026 |
4,882 |
|
4,882 |
| Opening balance as at 01 April 2025 |
9,320 |
|
9,320 |
|
| 5. |
Investments
| Cost |
Investments in group undertakings |
|
Total |
| |
£ |
|
£ |
| At 01 April 2025 |
- |
|
- |
| Additions |
87 |
|
87 |
| Disposals |
- |
|
- |
| At 31 March 2026 |
87 |
|
87 |
Subsidiary companies
On 3 March 2025, the company incorporated Fidelis Health & Social Care Limited, a company registered in Ireland (Company Number IE782916). The company holds 100% of the issued share capital of the subsidiary, comprising share capital of €100. The principal activity of the subsidiary is the provision of health and social care services.
|
| 6. |
Debtors: amounts falling due within one year
|
2026
£ |
|
2025
£ |
| Trade Debtors |
602,209 |
|
173,009 |
| Amount Owed by Participating Interests |
156,147 |
|
- |
| Prepayments & Accrued Income |
141,216 |
|
53,813 |
|
899,572 |
|
226,822 |
|
| 7. |
Creditors: amount falling due within one year
|
2026
£ |
|
2025
£ |
| Trade Creditors |
- |
|
31 |
| Corporation Tax |
220,383 |
|
218,452 |
| PAYE & Social Security |
17,856 |
|
6,759 |
| Accruals |
65,533 |
|
28,390 |
| Pension control |
1,064 |
|
468 |
| Directors' Current Accounts |
- |
|
100,000 |
| VAT |
129,803 |
|
44,208 |
|
434,639 |
|
398,308 |
|
| 8. |
Provisions for liabilities
|
2026
£ |
|
2025
£ |
| Deferred Tax |
2,330 |
|
2,330 |
| Charged to Profit & Loss |
(1,220) |
|
- |
|
1,110 |
|
2,330 |
|
2
|