smallAccCompHo_0921.xslt
Company Registration No. 09410945 (England and Wales)
HOMETOUCH CARE LIMITED
Financial Statements
for the Period from 01 January 2023 to 31 December 2023

HOMETOUCH CARE LIMITED

Financial Statements for the period ending 31 December 2023

HOMETOUCH CARE LIMITED

Financial Statements for the period ending 31 December 2023

Notes to the Accounts

1. Statutory Information
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
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 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.

HOMETOUCH CARE LIMITED

Financial Statements for the period ending 31 December 2023

Notes to the Accounts

Tangible Fixed Asset Policy
Tangible assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. 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. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:Plant & machinery 4 years on straight-line basisFixtures & fittings 4 years on straight-line basisComputer equipment 4 years on straight-line basis

HOMETOUCH CARE LIMITED

Financial Statements for the period ending 31 December 2023

Notes to the Accounts

Intangible Asset Policy
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. Amortisation is calculated, using the straight-line method, to allocate the depreciable amount of the assets to their residual values over their estimated useful lives, as follows:Software: 5 yearsAmortisation is included in 'administrative expenses' in the profit and loss account.Costs associated with maintaining computer software are recognised as an expense as incurred. Development costs that are directly attributable to the design and testing of identifiable and unique software products controlled by the company are recognised as intangible assets.

HOMETOUCH CARE LIMITED

Financial Statements for the period ending 31 December 2023

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2023 20
2022 20
4. Principal Activity
To provide live in care specialist care with a focus on live in dementia care, hospital discharge and increasingly live in care for people with spinal injuries, acquired brain injury and learning disabilities. The company develops software to provide the provision of care to someone who needs support from a carer and provides an online care service.

HOMETOUCH CARE LIMITED

Financial Statements for the period ending 31 December 2023

Notes to the Accounts

5. Intangible Assets
Goodwill Other Total
Cost £ £ £
At 01/01/2023 9,536 - 9,536
Additions - - -
Disposals - - -
Revaluations - - -
At 31/12/2023 9,536 - 9,536
Amortisation
At 01/01/2023 6,476 - 6,476
Charge for the Year 1,907 - 1,907
On Disposals - - -
Other increases/(decreases) - - -
At end of period 8,383 - 8,383
Net book value
At 31/12/2023 1,153 - 1,153
At 31/12/2022 3,060 - 3,060
6. Fixed Assets
Fixtures and Fittings Computer Equipment Total
Cost or valuation £ £ £
At 01/01/2023 13,809 38,851 52,660
Additions - 2,049 2,049
At 31/12/2023 13,809 40,900 54,709
Depreciation
At 01/01/2023 13,673 32,839 46,512
Charge for the year 46 3,098 3,144
At 31/12/2023 13,719 35,937 49,656
Net Book Value
At 31/12/2023 90 4,963 5,053
At 31/12/2022 136 6,012 6,148

HOMETOUCH CARE LIMITED

Financial Statements for the period ending 31 December 2023

Notes to the Accounts

7. Investments
Investments in Subsidiaries Other Investments - Listed Other Investments -Unlisted Total
£ £ £ £
Valuation at 01/01/2023 1 - - 1
Additions 102,000 - - 102,000
Disposals - - - -
Adjustments - - - -
Valuation at 31/12/2023 102,001 - - 102,001