Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-3112true2022-04-01No description of principal activityfalse14trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10235304 2022-04-01 2023-03-31 10235304 2021-04-01 2022-03-31 10235304 2023-03-31 10235304 2022-03-31 10235304 c:Director1 2022-04-01 2023-03-31 10235304 d:PlantMachinery 2022-04-01 2023-03-31 10235304 d:PlantMachinery 2023-03-31 10235304 d:PlantMachinery 2022-03-31 10235304 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 10235304 d:FurnitureFittings 2022-04-01 2023-03-31 10235304 d:FurnitureFittings 2023-03-31 10235304 d:FurnitureFittings 2022-03-31 10235304 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 10235304 d:OfficeEquipment 2022-04-01 2023-03-31 10235304 d:OfficeEquipment 2023-03-31 10235304 d:OfficeEquipment 2022-03-31 10235304 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 10235304 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 10235304 d:CurrentFinancialInstruments 2023-03-31 10235304 d:CurrentFinancialInstruments 2022-03-31 10235304 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10235304 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 10235304 d:ShareCapital 2023-03-31 10235304 d:ShareCapital 2022-03-31 10235304 d:RetainedEarningsAccumulatedLosses 2023-03-31 10235304 d:RetainedEarningsAccumulatedLosses 2022-03-31 10235304 c:OrdinaryShareClass1 2022-04-01 2023-03-31 10235304 c:OrdinaryShareClass1 2023-03-31 10235304 c:OrdinaryShareClass1 2022-03-31 10235304 c:OrdinaryShareClass2 2022-04-01 2023-03-31 10235304 c:OrdinaryShareClass2 2023-03-31 10235304 c:OrdinaryShareClass2 2022-03-31 10235304 c:FRS102 2022-04-01 2023-03-31 10235304 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 10235304 c:FullAccounts 2022-04-01 2023-03-31 10235304 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10235304 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 10235304 d:AcceleratedTaxDepreciationDeferredTax 2022-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10235304










FARNHAM INTEGRATED CARE SERVICES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
FARNHAM INTEGRATED CARE SERVICES LIMITED
REGISTERED NUMBER: 10235304

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2023
2022
2022
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
17,641
11,097

  
17,641
11,097

Current assets
  

Debtors: amounts falling due within one year
 5 
23,292
978,968

Cash at bank and in hand
 6 
360,353
190,603

  
383,645
1,169,571

Creditors: amounts falling due within one year
 7 
(94,012)
(993,145)

Net current assets
  
 
 
289,633
 
 
176,426

Total assets less current liabilities
  
307,274
187,523

Provisions for liabilities
  

Deferred tax
 9 
(4,410)
(2,109)

  
 
 
(4,410)
 
 
(2,109)

Net assets
  
302,864
185,414


Capital and reserves
  

Called up share capital 
 10 
518
495

Profit and loss account
  
302,346
184,919

  
302,864
185,414


Page 1

 
FARNHAM INTEGRATED CARE SERVICES LIMITED
REGISTERED NUMBER: 10235304
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 






................................................
Dr M Ballard
Director

Date: 24 October 2023

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
FARNHAM INTEGRATED CARE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Farnham Integrated Care Services Limited ("the Company") is a private company limited by shares, incorporated in England and Wales, registered number 10235304. The Company is registered at Farnham Centre for Health, Hale Road, Farnham, Surrey, England, GU9 9QL.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
FARNHAM INTEGRATED CARE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Medical equipment
-
25%
Fixtures and fittings
-
25%
Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
FARNHAM INTEGRATED CARE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance Sheet.

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 14 (2022 - 12).

Page 5

 
FARNHAM INTEGRATED CARE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Medical equipment
Fixtures and fittings
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 April 2022
-
7,533
21,424
28,957


Additions
8,568
960
-
9,528


Transfers between classes
1,818
-
(1,818)
-



At 31 March 2023

10,386
8,493
19,606
38,485



Depreciation


At 1 April 2022
-
5,687
12,173
17,860


Charge for the year on owned assets
455
556
1,973
2,984


Transfers between classes
455
-
(455)
-



At 31 March 2023

910
6,243
13,691
20,844



Net book value



At 31 March 2023
9,476
2,250
5,915
17,641



At 31 March 2022
-
1,846
9,251
11,097


5.


Debtors

2023
2022
£
£


Trade debtors
19,571
975,962

Prepayments and accrued income
3,721
3,006

23,292
978,968



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
360,353
190,603

360,353
190,603


Page 6

 
FARNHAM INTEGRATED CARE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
57,040
772,032

Corporation tax
26,135
7,386

Accruals and deferred income
10,837
213,727

94,012
993,145



8.


Financial instruments

All debtors and creditors are basic financial instruments and are held at amortised cost.


9.


Deferred taxation




2023


£






At beginning of year
(2,109)


Charged to profit or loss
(2,301)



At end of year
(4,410)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(4,410)
(2,109)

(4,410)
(2,109)

Page 7

 
FARNHAM INTEGRATED CARE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

10.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



11 (2022 - 9) Ordinary A shares of £1.00 each
11
9
507 (2022 - 486) Ordinary B shares of £1.00 each
507
486

518

495

Ordinary A Shares: 
a) Each ordinary A share is entitled to one vote in any circumstances.
b) The ordinary A shares shall not carry any right to receive any dividend or any other entitlement to a share in any distribution of the company's profits. 
c) On a return of capital, whether winding-up or otherwise, the ordinary A shares shall entitle the holders thereof to receive, after a nominal amount of capital paid up on the B shares, repayment of the nominal amount of capital paid up on the ordinary A shares, but shall not otherwise entitle the holders thereof to share in such return of capital.  
d) The ordinary A shares are not redeemable or liable to be redeemed at the option of the company or the shareholder.
Ordinary B Shares
a) The B shares do not entitle the holder to vote in any circumstances except in relation to any resolution for the reduction of capital of the sale of the undertaking of the company or for the sale of the undertaking of the company of for altering the objects of the company or for winding up the company or for varying or abrogating any of the specific rights attaching to the B shares.  
b) Each B share is entitled to share in any dividend payments or any other income distribution made and for such purposes each share ranks pari passu with the other shares of the same class.  
c) On a return of capital, whether on a winding up or otherwise, the B shares shall entitle the holder thereof to receive, in priority to payment of the nominal amount of capital paid up on the ordinary A shares, repayment of the nominal amount of capital paid up on the B shares; and, after payment of the nominal amount of capital paid up on the B shares and the ordinary A shares, each B share is entitled pari passu to share in such return of capital.  
d) The B shares are not redeemable or liable to be redeemed at the option of the company of the shareholder.




Page 8