1 August 2022 false Taxfiler 2023.10.2 12124225business:PrivateLimitedCompanyLtd2022-08-012023-07-31 121242252022-07-31 121242252022-08-012023-07-31 12124225business:AuditExemptWithAccountantsReport2022-08-012023-07-31 12124225business:FilletedAccounts2022-08-012023-07-31 121242252023-07-31 12124225business:Director12022-08-012023-07-31 12124225business:Director22022-08-012023-07-31 12124225business:RegisteredOffice2022-08-012023-07-31 121242252022-07-31 12124225core:WithinOneYear2023-07-31 12124225core:WithinOneYear2022-07-31 12124225core:AfterOneYear2023-07-31 12124225core:AfterOneYear2022-07-31 12124225core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 12124225core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 12124225core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 12124225core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 12124225core:PreviouslyStatedAmount2023-07-31 12124225core:PreviouslyStatedAmount2022-07-31 12124225business:SmallEntities2022-08-012023-07-31 12124225countries:EnglandWales2022-08-012023-07-31 12124225core:PlantMachinery2022-08-012023-07-31 12124225core:MotorVehicles2022-08-012023-07-31 12124225core:FurnitureFittings2022-08-012023-07-31 12124225core:ComputerEquipment2022-08-012023-07-31 12124225core:PlantMachinery2022-07-31 12124225core:MotorVehicles2022-07-31 12124225core:FurnitureFittings2022-07-31 12124225core:ComputerEquipment2022-07-31 12124225core:PlantMachinery2023-07-31 12124225core:MotorVehicles2023-07-31 12124225core:FurnitureFittings2023-07-31 12124225core:ComputerEquipment2023-07-31 12124225core:MoreThanFiveYears2023-07-31 12124225core:MoreThanFiveYears2022-07-31 12124225business:OrdinaryShareClass12022-08-012023-07-31 12124225business:OrdinaryShareClass12021-08-012022-07-31 12124225business:Director112022-08-012023-07-31 12124225business:Director112022-07-31 12124225business:Director112023-07-31 12124225business:Director222022-08-012023-07-31 12124225business:Director222022-07-31 12124225business:Director222023-07-31 121242252021-08-012022-07-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12124225 (England and Wales)
Acheron Care Limited Unaudited accounts for the year ended 31 July 2023
Acheron Care Limited Unaudited accounts Contents
Page
- 2 -
Acheron Care Limited Company Information for the year ended 31 July 2023
Directors
J Patel S Patel
Company Number
12124225 (England and Wales)
Registered Office
117 Draycott Old Road Forsbrook Stoke on Trent Staffordshire ST11 9AL
Accountants
Thursfields Accountancy Limited Business Lodge, Trent House 234 Victoria Road Stoke-on-Trent Staffordshire ST4 2LW
- 3 -
Acheron Care Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
164,767 
127,038 
Current assets
Debtors
447,855 
155,414 
Cash at bank and in hand
98,638 
43,176 
546,493 
198,590 
Creditors: amounts falling due within one year
(139,267)
(53,897)
Net current assets
407,226 
144,693 
Total assets less current liabilities
571,993 
271,731 
Creditors: amounts falling due after more than one year
(246,831)
(68,301)
Provisions for liabilities
Deferred tax
(32,671)
(22,148)
Net assets
292,491 
181,282 
Capital and reserves
Called up share capital
2,000 
2,000 
Profit and loss account
290,491 
179,282 
Shareholders' funds
292,491 
181,282 
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2023 and were signed on its behalf by
S Patel Director Company Registration No. 12124225
- 4 -
Acheron Care Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Acheron Care Limited is a private company, limited by shares, registered in England and Wales, registration number 12124225. The registered office is 117 Draycott Old Road, Forsbrook, Stoke on Trent, Staffordshire, ST11 9AL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
10% Reducing balance
Computer equipment
33% Straight line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
Acheron Care Limited Notes to the Accounts for the year ended 31 July 2023
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 August 2022
24,764 
87,074 
16,579 
7,764 
136,181 
Additions
23,026 
18,099 
20,488 
10,545 
72,158 
At 31 July 2023
47,790 
105,173 
37,067 
18,309 
208,339 
Depreciation
At 1 August 2022
3,042 
2,814 
1,616 
1,671 
9,143 
Charge for the year
3,977 
22,705 
2,664 
5,083 
34,429 
At 31 July 2023
7,019 
25,519 
4,280 
6,754 
43,572 
Net book value
At 31 July 2023
40,771 
79,654 
32,787 
11,555 
164,767 
At 31 July 2022
21,722 
84,260 
14,963 
6,093 
127,038 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,045 
77,889 
Accrued income and prepayments
135,991 
154 
Other debtors
18,312 
864 
156,348 
78,907 
Amounts falling due after more than one year
Other debtors
291,507 
76,507 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
33,518 
9,998 
Obligations under finance leases and hire purchase contracts
9,158 
9,158 
Taxes and social security
25,397 
19,526 
Other creditors
3,193 
4,525 
Loans from directors
- 
7,690 
Accruals
68,001 
3,000 
139,267 
53,897 
- 6 -
Acheron Care Limited Notes to the Accounts for the year ended 31 July 2023
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
220,335 
31,669 
Obligations under finance leases and hire purchase contracts
26,496 
36,632 
246,831 
68,301 
Aggregate of amounts that fall due for payment after five years
47,387 
- 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2,000 Ordinary shares of £1 each
2,000 
2,000 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
J Patel
0% interest due on demand loan
(8,190)
14,978 
- 
6,788 
S Patel
0% interest due on demand loan
500 
30,788 
25,000 
6,288 
(7,690)
45,766 
25,000 
13,076 
10
Average number of employees
During the year the average number of employees was 17 (2022: 11).
- 7 -