Healthtrust Management Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03415978 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2021

for

Healthtrust Management Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P Murray

REGISTERED OFFICE:

York House

York Street

Manchester

M2 3BB

REGISTERED NUMBER:

03415978 (England and Wales)

ACCOUNTANTS:

Pareto Tax & Wealth LLP

Level 7, Tower 12,

18-22 Bridge Street,

Spinningfields,

Manchester

M3 3BZ

CURRENT ASSETS

Debtors

4

509,456

507,147

Cash at bank

3,037

270

512,493

507,417

CREDITORS

Amounts falling due within one year

5

31,977

33,316

NET CURRENT ASSETS

480,516

474,101

TOTAL ASSETS LESS CURRENT LIABILITIES

480,516

474,101

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

480,512

474,097

SHAREHOLDERS' FUNDS

480,516

474,101

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 21 September 2022 and were signed by:

P Murray - Director

1.	STATUTORY INFORMATION

Healthtrust Management Services Limited 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

Advisory services are recognised per the agreements in place with each customer and therefore in accordance with the stage of completion of the contract.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Trade debtors

27,936

22,181

Amounts owed by group undertakings

472,380

483,116

Other debtors

9,140

1,850

509,456

507,147

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Amounts owed to group undertakings

23,628

23,628

Taxation and social security

1,343

-

Other creditors

7,006

9,688

31,977

33,316

6.	RELATED PARTY DISCLOSURES

At 31 December 2021 the company was owed £459,068 (2020: £469,804) by Corlea Limited, a company under common control.

The amount is interest free and repayable on demand.

At 31 December 2021 the company was owed £13,312 (2020: £13,312) by Multiplex Financial Trustees Limited, a company under common control.

The amount is interest free and repayable on demand.

At 31 December 2021 the company owed £23,628 (2020: £23,628) to Multiplex Pension Trustees Limited, a company under common control.

The amount is interest free and repayable on demand.

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P Murray.