REGISTERED NUMBER: 06704654 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

AHAVAH HEALTHCARE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P P Mamtora

REGISTERED OFFICE:

Woodville Road

Overseal

Swadlincote

Derbyshire

DE12 6LU

REGISTERED NUMBER:

06704654 (England and Wales)

ACCOUNTANTS:

LMDB Accountants

Chartered Certified Accountants

Railview Lofts

19c Commercial Road

Eastbourne

East Sussex

BN21 3XE

FIXED ASSETS

Intangible assets

4

-

95,367

Tangible assets

5

15,767

18,282

15,767

113,649

CURRENT ASSETS

Debtors

6

334,262

10,789

Cash at bank and in hand

43,671

626,038

377,933

636,827

CREDITORS

Amounts falling due within one year

7

32,842

47,896

NET CURRENT ASSETS

345,091

588,931

TOTAL ASSETS LESS CURRENT LIABILITIES

360,858

702,580

CREDITORS

Amounts falling due after more than one year

8

-

(280,833

)

PROVISIONS FOR LIABILITIES

(2,934

)

(3,389

)

NET ASSETS

357,924

418,358

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

357,922

418,356

SHAREHOLDERS' FUNDS

357,924

418,358

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 18 December 2017 and were signed by:

P P Mamtora - Director

1.	STATUTORY INFORMATION

Ahavah Healthcare Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make

judgements, estimates and assumptions about the carrying amount of assets and liabilities that are

not readily apparent from other sources. The estimates and associated assumptions are based on

historical experience and other factors that are considered to be relevant. Actual results may differ

from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to

accounting estimates are recognised in the period in which the estimate is revised where the

revision affects only that period, or in the period of the revision and future periods where the

revision affects both current and future periods.

Critical accounting judgements and key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the

carrying amount of assets and liabilities are as follows:

Income. It is assumed that all material clawbacks of fees by County Councils relating to this

accounting period but which occurred after the end of the accounting period have been identified.

Prepayments & accrued income. It is assumed that all material prepaid expenses and accrued

income relating to this accounting period have been identified.

Accruals & deferred income. It is assumed that all material accruals for expenses and income

received in advance have been identified.

Turnover

Turnover is measured at fair value of the fees received or receivable as adjusted for accrued income

and income received in advance.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of eight years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are

measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on reducing balance and 25% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2016

and 31 March 2017

781,469

AMORTISATION

At 1 April 2016

686,102

Charge for year

95,367

At 31 March 2017

781,469

NET BOOK VALUE

At 31 March 2017

-

At 31 March 2016

95,367

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

76,940

Additions

3,474

At 31 March 2017

80,414

DEPRECIATION

At 1 April 2016

58,658

Charge for year

5,989

At 31 March 2017

64,647

NET BOOK VALUE

At 31 March 2017

15,767

At 31 March 2016

18,282

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

7,080

-

Amounts owed by group undertakings

314,500

-

Prepayments and accrued income

12,682

10,789

334,262

10,789

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

12,408

-

Corporation tax

7,530

17,972

Social security and other taxes

4,712

5,383

Other creditors

2,818

10,894

Accruals and deferred income

5,374

13,647

32,842

47,896

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Other creditors

-

280,833

9.	FINANCIAL INSTRUMENTS

Basic financial instruments are recognised at amortised cost, except for investments in

non-convertible preference and non-puttable ordinary shares which are measured at fair value, with

changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost

and thereafter at fair value with changes recognised in profit or loss.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

2

Ordinary

£1

2

2

11.	OTHER FINANCIAL COMMITMENTS

The company has provided security to the group's bankers in the form of a fixed and floating charge

over all property and undertaking of the company by way of a guarantee and debenture as agent for

borrowings owed by the holding company.

The amount owed by the holding company at the balance sheet date was £1,072,268.

12.	RELATED PARTY DISCLOSURES

During the year, total dividends of £60,000 were paid to the directors .

Included in the comparative amounts for Other Creditors are £289,519 (£8,686 in current liabilities

and £280,833 due over one year) representing a loan by Ahavah 613 LLP. J Teacher and D Teacher

are partners in that LLP.

13.	PARENT COMPANY

The controlling party is Sai Maa Healthcare Ltd.