eTab Health Limited - Period Ending 2022-04-30
eTab Health Limited - Period Ending 2022-04-30
Registration number:
eTab Health Limited
for the Year Ended 30 April 2022
eTab Health Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
eTab Health Limited
Company Information
Director |
Mr Christopher Wilson |
Company secretary |
Mrs Maxine Lesley Wilson |
Registered office |
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Accountants |
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eTab Health Limited
(Registration number: 08019439)
Balance Sheet as at 30 April 2022
Note |
2022 |
2021 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
100 |
100 |
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Profit and loss account |
331,896 |
466,207 |
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Shareholders' funds |
331,996 |
466,307 |
For the financial year ending 30 April 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
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• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
.........................................
Director
eTab Health Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2022
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
Foreign currency transactions and balances
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.
eTab Health Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2022
Tax
The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Leasehold improvements |
20% straight line |
Fixtures and fittings |
10% straight line |
Office equipment |
33% straight line |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
eTab Health Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2022
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Tangible assets |
Land and buildings |
Furniture, fittings and equipment |
Motor vehicles |
Total |
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Cost or valuation |
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At 1 May 2021 |
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Additions |
- |
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- |
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Disposals |
- |
( |
- |
( |
At 30 April 2022 |
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Depreciation |
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At 1 May 2021 |
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Charge for the year |
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Eliminated on disposal |
- |
( |
- |
( |
At 30 April 2022 |
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Carrying amount |
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At 30 April 2022 |
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At 30 April 2021 |
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Included within the net book value of land and buildings above is £2,026 (2021 - £2,836) in respect of short leasehold land and buildings.
eTab Health Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2022
Debtors |
Note |
2022 |
2021 |
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Trade debtors |
( |
( |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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Prepayments |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
2022 |
2021 |
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Due within one year |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
2022 |
2021 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
eTab Health Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2022
Related party transactions |
Transactions with directors |
2022 |
At 1 May 2021 |
Repayments by director |
At 30 April 2022 |
Mr Christopher Wilson |
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Loan |
( |
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( |
2021 |
At 1 May 2020 |
Advances to directors |
Repayments by director |
At 30 April 2021 |
Mr Christopher Wilson |
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Loan |
( |
( |
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( |
Directors' remuneration
The director's remuneration for the year was as follows:
2022 |
2021 |
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Remuneration |
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Loans to related parties
2022 |
Associates |
Total |
At start of period |
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At end of period |
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2021 |
Associates |
Total |
At start of period |
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At end of period |
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Terms of loans to related parties
Parent and ultimate parent undertaking |
The company's immediate parent is
The ultimate controlling party is