Registered number
12033563
Clarity Homecare (Bury) Limited
Filleted Accounts
30 June 2022
Clarity Homecare (Bury) Limited
Registered number: 12033563
Balance Sheet
as at 30 June 2022
Notes 2022 2021
£ £
Fixed assets
Intangible assets 3 7,250 10,250
Tangible assets 4 2,152 -
9,402 10,250
Current assets
Debtors 5 53,270 31,506
Cash at bank and in hand 58,967 19,849
112,237 51,355
Creditors: amounts falling due within one year 6 (55,609) (50,582)
Net current assets 56,628 773
Net assets 66,030 11,023
Capital and reserves
Called up share capital 1 1
Profit and loss account 66,029 11,022
Shareholder's funds 66,030 11,023
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S Mpofu
Director
Approved by the board on 18 August 2022
Clarity Homecare (Bury) Limited
Notes to the Accounts
for the year ended 30 June 2022
1 Accounting policies
Basis of preparation
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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2022 2021
Number Number
Average number of persons employed by the company 21 14
3 Intangible fixed assets £
Franchise fee;
Cost
At 1 July 2021 15,000
At 30 June 2022 15,000
Amortisation
At 1 July 2021 4,750
Provided during the year 3,000
At 30 June 2022 7,750
Net book value
At 30 June 2022 7,250
At 30 June 2021 10,250
Franchise purchase cost is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc
£
Cost
Additions 2,869
At 30 June 2022 2,869
Depreciation
Charge for the year 717
At 30 June 2022 717
Net book value
At 30 June 2022 2,152
5 Debtors 2022 2021
£ £
Trade debtors 53,270 31,506
6 Creditors: amounts falling due within one year 2022 2021
£ £
Trade creditors 34,348 21,798
Taxation and social security costs 20,477 6,605
Other creditors 784 22,179
55,609 50,582
7 Other information
Clarity Homecare (Bury) Limited is a private company limited by shares and incorporated in England. Its registered office is:
16 Church Street
Radcliffe
Manchester
M26 2SQ
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