Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falseActivities of other membership organisations not elsewhere classified65falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13050562 2023-04-01 2024-03-31 13050562 2022-04-01 2023-03-31 13050562 2024-03-31 13050562 2023-03-31 13050562 c:Director5 2023-04-01 2024-03-31 13050562 d:ComputerEquipment 2023-04-01 2024-03-31 13050562 d:ComputerEquipment 2024-03-31 13050562 d:ComputerEquipment 2023-03-31 13050562 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 13050562 d:CurrentFinancialInstruments 2024-03-31 13050562 d:CurrentFinancialInstruments 2023-03-31 13050562 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13050562 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13050562 d:RetainedEarningsAccumulatedLosses 2024-03-31 13050562 d:RetainedEarningsAccumulatedLosses 2023-03-31 13050562 c:FRS102 2023-04-01 2024-03-31 13050562 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13050562 c:FullAccounts 2023-04-01 2024-03-31 13050562 c:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 13050562 d:WithinOneYear 2024-03-31 13050562 d:WithinOneYear 2023-03-31 13050562 d:BetweenOneFiveYears 2024-03-31 13050562 d:BetweenOneFiveYears 2023-03-31 13050562 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 13050562









CAMBRIDGESHIRE LOCAL MEDICAL COMMITTEE LIMITED
(A Company Limited by Guarantee)







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
CAMBRIDGESHIRE LOCAL MEDICAL COMMITTEE LIMITED
 
(A Company Limited by Guarantee)
REGISTERED NUMBER: 13050562

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2024
2023
2023
Note
£
£
£
£

FIXED ASSETS
  

Tangible assets
 4 
2,181
1,660

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
76,219
57,432

Cash at bank and in hand
  
151,456
185,192

  
227,675
242,624

Creditors: amounts falling due within one year
 6 
(8,718)
(20,310)

NET CURRENT ASSETS
  
 
 
218,957
 
 
222,314

  

NET ASSETS
  
221,138
223,974


CAPITAL AND RESERVES
  

Profit and loss account
  
221,138
223,974

  
221,138
223,974


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 profit and loss account 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: 



D M Hunter
Director

Date: 16 July 2024

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
CAMBRIDGESHIRE LOCAL MEDICAL COMMITTEE LIMITED

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


GENERAL INFORMATION

Cambridgeshire Local Medical Committee Limited is a private company limited by guarantee and incorporated in England and Wales. Its registered office is The Officers' Mess, Royston Road, Duxford, Cambridge, CB22 4QH. 
The Company's functional and presentational currency is GBP.

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

TURNOVER

Turnover comprises revenue recognised by the Company in respect of support services provided during the year, exclusive of Value Added Tax. Revenue is recognised as the fair value of consideration received or receivable and is recognised based on when the services were performed.

 
2.3

OPERATING LEASES: THE COMPANY AS LESSEE

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 2

 
CAMBRIDGESHIRE LOCAL MEDICAL COMMITTEE LIMITED

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.5

TAXATION

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.

 
2.6

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, using the straight-line method.

Depreciation is provided on the following basis:

Computer 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.

 
2.7

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.

Page 3

 
CAMBRIDGESHIRE LOCAL MEDICAL COMMITTEE LIMITED

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.8

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.

 
2.9

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.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 6 (2023 - 5).


4.


TANGIBLE FIXED ASSETS





Computer equipment

£



COST OR VALUATION


At 1 April 2023
6,026


Additions
1,515



At 31 March 2024

7,541



DEPRECIATION


At 1 April 2023
4,366


Charge for the year on owned assets
994



At 31 March 2024

5,360



NET BOOK VALUE



At 31 March 2024
2,181



At 31 March 2023
1,660

Page 4

 
CAMBRIDGESHIRE LOCAL MEDICAL COMMITTEE LIMITED

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


DEBTORS

2024
2023
£
£

Trade debtors
66,845
48,419

Other debtors
7,560
7,200

Prepayments
1,814
1,813

76,219
57,432



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Other taxation and social security
645
11,661

Other creditors
6,060
6,475

Accruals
2,013
2,174

8,718
20,310


Other creditors include contributions of £6,060 (2023 - £6,475) payable to the Company's defined contribution pension scheme at the balance sheet date.



7.


COMPANY STATUS

The Company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the Company in the event of liquidation.


8.


COMMITMENTS UNDER OPERATING LEASES

At 31 March 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
45,360
21,000

Later than 1 year and not later than 5 years
26,460
-

71,820
21,000

 
Page 5