Company registration number 04241958 (England and Wales)
ESSEX COUNTY CARE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
PAGES FOR FILING WITH REGISTRAR
ESSEX COUNTY CARE LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 12
ESSEX COUNTY CARE LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2022
31 December 2022
- 1 -
2022
2021
Notes
£
£
£
£
Fixed assets
Tangible assets
5
6,954,541
7,133,402
Current assets
Debtors
6
1,655,985
1,621,601
Cash at bank and in hand
77,272
300,009
1,733,257
1,921,610
Creditors: amounts falling due within one year
7
(2,197,256)
(2,038,584)
Net current liabilities
(463,999)
(116,974)
Total assets less current liabilities
6,490,542
7,016,428
Creditors: amounts falling due after more than one year
8
(6,282,356)
(6,302,055)
Provisions for liabilities
(624,083)
(702,013)
Net assets excluding pension surplus/(deficit)
(415,897)
12,360
Defined benefit pension surplus/(deficit)
9
69,000
Net (liabilities)/assets
(346,897)
12,360
Capital and reserves
Called up share capital
1,004
1,004
Revaluation reserve
5,116,059
5,189,006
Profit and loss reserves
(5,463,960)
(5,177,650)
Total equity
(346,897)
12,360
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 30 September 2023 and are signed on its behalf by:
Dr D S Vive-Kananda
Director
Company registration number 04241958 (England and Wales)
ESSEX COUNTY CARE LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2022
- 2 -
Share capital
Revaluation reserve
Profit and loss reserves
Total
£
£
£
£
Balance at 1 January 2021
1,004
7,239,927
(6,643,607)
597,324
Year ended 31 December 2021:
Loss
-
-
(1,213,740)
(1,213,740)
Other comprehensive income:
Tax relating to other comprehensive income
-
628,776
628,776
Total comprehensive income
-
628,776
(1,213,740)
(584,964)
Transfers
-
(2,679,697)
2,679,697
-
Balance at 31 December 2021
1,004
5,189,006
(5,177,650)
12,360
Year ended 31 December 2022:
Loss
-
-
(286,310)
(286,310)
Other comprehensive income:
Tax relating to other comprehensive income
-
(72,947)
(72,947)
Total comprehensive income
-
(72,947)
(286,310)
(359,257)
Balance at 31 December 2022
1,004
5,116,059
(5,463,960)
(346,897)
ESSEX COUNTY CARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
- 3 -
1
Accounting policies
Company information
Essex County Care Limited is a private company limited by shares incorporated in England and Wales. The registered office is 57/59 Avenue Road, Westcliff-on-Sea, Essex, England, SS0 7PJ.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements:
Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures;
Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues: Interest income/expense and net gains/losses for financial instruments not measured at fair value; basis of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other comprehensive income;
Section 26 ‘Share based Payment’: Share-based payment expense charged to profit or loss, reconciliation of opening and closing number and weighted average exercise price of share options, how the fair value of options granted was measured, measurement and carrying amount of liabilities for cash-settled share-based payments, explanation of modifications to arrangements;
Section 33 ‘Related Party Disclosures’: Compensation for key management personnel.
The financial statements of the company are consolidated in the financial statements of Johnson Care Limited. These consolidated financial statements are available from its registered office, 57-59 Avenue Road, Westcliff-on-Sea, Essex, SS0 7PJ,
1.2
Going concern
Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
The fellow subsidiary companies have also confirmed their continued support of the company.
1.3
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of sales related taxes.
Turnover in respect of the provision of care beds is recognised on the basis of the contractual commitment from the company's customers. All necessary adjustments in respect of prepaid beds, or beds paid for in arrears are made in the financial statements.
Rental income is recognised on a receivable basis.
ESSEX COUNTY CARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
1
Accounting policies
(Continued)
- 4 -
1.4
Intangible fixed assets - goodwill
During a previous accounting period the company carried out an impairment review of the value of the goodwill in respect of the care home purchased in 2010. It was decided that this home no longer carried a goodwill value and hence this has been written down to nil.
1.5
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:
Freehold land and buildings
in accordance with the property
Fixtures and fittings
10% on reducing balance
Computers
33% on cost
Motor vehicles
25% on reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.6
Impairment of fixed assets
At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.
If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.
Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.
1.7
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
ESSEX COUNTY CARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
1
Accounting policies
(Continued)
- 5 -
1.8
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
1.9
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
1.10
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
ESSEX COUNTY CARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
1
Accounting policies
(Continued)
- 6 -
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
1.11
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
1.12
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
The cost of providing benefits under defined benefit plans is determined separately for each plan using the projected unit credit method, and is based on actuarial advice.
The change in the net defined benefit liability arising from employee service during the year is recognised as an employee cost. The cost of plan introductions, benefit changes, settlements and curtailments are recognised as an expense in measuring profit or loss in the period in which they arise.
The net interest element is determined by multiplying the net defined benefit liability by the discount rate, taking into account any changes in the net defined benefit liability during the period as a result of contribution and benefit payments. The net interest is recognised in profit or loss as other finance revenue or cost.
Remeasurement changes comprise actuarial gains and losses, the effect of the asset ceiling and the return on the net defined benefit liability excluding amounts included in net interest. These are recognised immediately in other comprehensive income in the period in which they occur and are not reclassified to profit and loss in subsequent periods.
The net defined benefit pension asset or liability in the balance sheet comprises the total for each plan of the present value of the defined benefit obligation (using a discount rate based on high quality corporate bonds), less the fair value of plan assets out of which the obligations are to be settled directly. Fair value is based on market price information, and in the case of quoted securities is the published bid price. The value of a net pension benefit asset is limited to the amount that may be recovered either through reduced contributions or agreed refunds from the scheme.
1.13
Leases
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.
ESSEX COUNTY CARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
1
Accounting policies
(Continued)
- 7 -
1.14
Government grants
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.
A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.
2
Judgements and key sources of estimation uncertainty
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 judgements
The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.
Depreciation
When calculating the appropriate depreciation and amortisation rates, it is necessary to make judgements about the useful economic life of the assets. The future income streams those assets can assist the company in producing and the likely residual value of the assets.
Pension Assumptions
When calculating the pension assets and liabilities the directors have taken the advice of the Schemes Actuaries when estimating discount rates, life expectancies and inflation. Variations in these rates can effect the valuation of the assets and liabilities.
3
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2022
2021
Number
Number
Total
45
43
ESSEX COUNTY CARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
- 8 -
4
Intangible fixed assets
Goodwill
£
Cost
At 1 January 2022 and 31 December 2022
21,786
Amortisation and impairment
At 1 January 2022 and 31 December 2022
21,786
Carrying amount
At 31 December 2022
At 31 December 2021
5
Tangible fixed assets
Freehold land and buildings
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
Cost or valuation
At 1 January 2022
8,473,583
2,338,715
43,518
135,715
10,991,531
Additions
5,660
76,015
9,789
91,464
At 31 December 2022
8,479,243
2,414,730
53,307
135,715
11,082,995
Depreciation and impairment
At 1 January 2022
2,228,351
1,454,436
41,618
133,724
3,858,129
Depreciation charged in the year
169,585
96,029
4,213
498
270,325
At 31 December 2022
2,397,936
1,550,465
45,831
134,222
4,128,454
Carrying amount
At 31 December 2022
6,081,307
864,265
7,476
1,493
6,954,541
At 31 December 2021
6,245,232
884,279
1,900
1,991
7,133,402
Land and buildings with a carrying amount of £6,081,307 were revalued at 16th October 2020 by Christie & Co., independent valuers not connected with the company on the basis of market value. The valuation conforms to International Valuation Standards and was based on recent market transactions on arm's length terms for similar properties.
The company has been in continued negotiations with various bodies concerning alternative uses for the moth-balled properties in the North of Essex. During the year the company has successfully disposed of two of its mothballed homes. The remaining two moth-balled homes are currently being reviewed and detailed plans being drawn up for their redevelopment and reconfiguration to meet the demands of the modern market.Therefore no adjustment has been made to the carrying values.
Land and buildings are carried at valuation. If land and buildings were measured using the cost model, the carrying amounts would have been approximately £2,467,821 (2021 - £2,519,298), being cost £2,798,327 (2021 - £2,850,753) and depreciation £356,692 (2021 - £331,445).
ESSEX COUNTY CARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
- 9 -
6
Debtors
2022
2021
Amounts falling due within one year:
£
£
Trade debtors
24,017
36,238
Amounts owed by group undertakings
1,293,803
1,286,990
Other debtors
338,165
298,373
1,655,985
1,621,601
7
Creditors: amounts falling due within one year
2022
2021
£
£
Bank loans and overdrafts
9,748
267,728
Trade creditors
205,113
221,997
Amounts owed to group undertakings
909,258
560,410
Taxation and social security
570,268
378,589
Other creditors
502,869
609,860
2,197,256
2,038,584
8
Creditors: amounts falling due after more than one year
2022
2021
£
£
Bank loans and overdrafts
25,093
44,487
Other creditors
6,257,263
6,257,568
6,282,356
6,302,055
9
Retirement benefit schemes
2022
2021
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
13,959
18,956
The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund.
ESSEX COUNTY CARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
9
Retirement benefit schemes
(Continued)
- 10 -
Defined benefit schemes
The company operates a defined benefit scheme for qualifying employees. Under the scheme the employees are entitled to retirement benefits varying between 50% and 75% of final salary on attainment of a retirement age of 65. No other post retirement benefits are provided.
The most recent actuarial valuations of plan assets and the present value of the defined benefit obligation were carried out at 31st December 2022 by Grant Spence of Royal London Consultancy, Fellow of the Institute of Actuaries. The present value of the defined benefit obligation, the related current service cost and past service cost were measured using the projected unit credit method.
No further valuations have been carried out since this date and in the opinion of the directors there have been no significant changes in the valuations of the pension fund. These disclosures have therefore been prepared on this basis.
2022
2021
Key assumptions
%
%
Discount rate
4.9
2.1
Expected rate of increase of pensions in payment
5
3.4
Expected rate of salary increases
3.4
3.4
Mortality assumptions
2022
2021
Assumed life expectations on retirement at age 65:
Years
Years
Retiring today
- Males
85
85
- Females
87
87
Retiring in 20 years
- Males
86
86
- Females
88
88
2022
2021
Amounts recognised in the profit and loss account
£
£
Net interest on net defined benefit liability/(asset)
328,000
10,073
Restriction on net interest income credited to the income statement
(329,000)
-
Total costs/(income)
(1,000)
10,073
ESSEX COUNTY CARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
9
Retirement benefit schemes
(Continued)
- 11 -
2022
2021
Amounts taken to other comprehensive income
£
£
Actual return on scheme assets
307,000
(9,475)
Less: calculated interest element
(307,000)
9,475
Return on scheme assets excluding interest income
-
-
Restriction on net interest income credited to the income statement
329,000
-
Actuarial changes related to obligations
(328,000)
-
Total costs
1,000
-
The amounts included in the balance sheet arising from the company's obligations in respect of defined benefit plans are as follows:
2022
2021
£
£
Present value of defined benefit obligations
661,000
1,033,050
Fair value of plan assets
(730,000)
(1,029,105)
(Surplus)/deficit in scheme
(69,000)
3,945
2022
Movements in the present value of defined benefit obligations
£
Liabilities at 1 January 2022
1,033,050
Benefits paid
(20,000)
Actuarial gains and losses
(328,000)
Interest cost
21,000
Other
(45,050)
At 31 December 2022
661,000
The defined benefit obligations arise from plans which are wholly or partly funded.
2022
Movements in the fair value of plan assets
£
Fair value of assets at 1 January 2022
1,029,105
Interest income
(307,000)
Benefits paid
(20,000)
Contributions by the employer
42,000
Other
(14,105)
At 31 December 2022
730,000
ESSEX COUNTY CARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
9
Retirement benefit schemes
(Continued)
- 12 -
The actual return on plan assets was £22,000 (2021 - £9,475).
2022
2021
Fair value of plan assets at the reporting period end
£
£
Bonds
730,000
1,029,105
None of the schemes assets consists of equity or debt in the company.
10
Audit report information
As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:
The auditor's report was unqualified.
Senior Statutory Auditor:
Julian Francis FCA
Statutory Auditor:
Francis James & Partners LLP
11
Operating lease commitments
Lessee
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:
2022
2021
£
£
129,343
137,492
12
Parent company
Johnson Care Limited is regarded by the directors as being the company's ultimate parent company.
Dr D S Vive-Kananda is a director and controlling shareholder of Johnson Care Limited, the parent company.
These financial statements are included within the consolidated accounts of Johnson Care Limited. Johnson Care Limited is considered to be the largest and small group in which these financial statements are consolidated.
The financial statements are available from Johnson Care Limited at 57-59 Avenue Road, Westcliff on Sea, Essex, SS9 7PJ.
2022-12-312022-01-01false29 September 2023CCH SoftwareCCH Accounts Production 2023.200No description of principal activityThis audit opinion is unqualifiedDr D S Vive-KanandaMr S J M Vive-KanandaN E Vive-Kananda042419582022-01-012022-12-31042419582022-12-31042419582021-12-3104241958core:LandBuildingscore:OwnedOrFreeholdAssets2022-12-3104241958core:FurnitureFittings2022-12-3104241958core:ComputerEquipment2022-12-3104241958core:MotorVehicles2022-12-3104241958core:LandBuildingscore:OwnedOrFreeholdAssets2021-12-3104241958core:FurnitureFittings2021-12-3104241958core:ComputerEquipment2021-12-3104241958core:MotorVehicles2021-12-3104241958core:CurrentFinancialInstrumentscore:WithinOneYear2022-12-3104241958core:CurrentFinancialInstrumentscore:WithinOneYear2021-12-3104241958core:Non-currentFinancialInstrumentscore:AfterOneYear2022-12-3104241958core:Non-currentFinancialInstrumentscore:AfterOneYear2021-12-3104241958core:CurrentFinancialInstruments2022-12-3104241958core:CurrentFinancialInstruments2021-12-3104241958core:Non-currentFinancialInstruments2022-12-3104241958core:Non-currentFinancialInstruments2021-12-3104241958core:ShareCapital2022-12-3104241958core:ShareCapital2021-12-3104241958core:RevaluationReserve2022-12-3104241958core:RevaluationReserve2021-12-3104241958core:RetainedEarningsAccumulatedLosses2022-12-3104241958core:RetainedEarningsAccumulatedLosses2021-12-3104241958core:ShareCapital2020-12-3104241958core:RevaluationReserve2020-12-3104241958core:RetainedEarningsAccumulatedLosses2020-12-3104241958bus:Director12022-01-012022-12-3104241958core:RetainedEarningsAccumulatedLosses2021-01-012021-12-31042419582021-01-012021-12-3104241958core:RetainedEarningsAccumulatedLosses2022-01-012022-12-3104241958core:RevaluationReserve2021-01-012021-12-3104241958core:RevenueReservesInvestmentFundsOnly2021-01-012021-12-3104241958core:RevaluationReserve2022-01-012022-12-3104241958core:Goodwill2022-01-012022-12-3104241958core:LandBuildingscore:OwnedOrFreeholdAssets2022-01-012022-12-3104241958core:FurnitureFittings2022-01-012022-12-3104241958core:ComputerEquipment2022-01-012022-12-3104241958core:MotorVehicles2022-01-012022-12-3104241958core:NetGoodwill2021-12-3104241958core:NetGoodwill2022-12-3104241958core:NetGoodwill2021-12-3104241958core:LandBuildingscore:OwnedOrFreeholdAssets2021-12-3104241958core:FurnitureFittings2021-12-3104241958core:ComputerEquipment2021-12-3104241958core:MotorVehicles2021-12-31042419582021-12-3104241958core:WithinOneYear2022-12-3104241958core:WithinOneYear2021-12-3104241958bus:PrivateLimitedCompanyLtd2022-01-012022-12-3104241958bus:SmallCompaniesRegimeForAccounts2022-01-012022-12-3104241958bus:FRS1022022-01-012022-12-3104241958bus:Audited2022-01-012022-12-3104241958bus:Director22022-01-012022-12-3104241958bus:CompanySecretary12022-01-012022-12-3104241958bus:FullAccounts2022-01-012022-12-31xbrli:purexbrli:sharesiso4217:GBP