Acorah Software Products - Accounts Production 15.0.500 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 07120483 Dr Ivan Bakaltchev iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07120483 2023-01-31 07120483 2024-01-31 07120483 2023-02-01 2024-01-31 07120483 frs-core:CurrentFinancialInstruments 2024-01-31 07120483 frs-core:Non-currentFinancialInstruments 2024-01-31 07120483 frs-core:BetweenOneFiveYears 2024-01-31 07120483 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-31 07120483 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-01 2024-01-31 07120483 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-31 07120483 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 07120483 frs-core:MotorVehicles 2024-01-31 07120483 frs-core:MotorVehicles 2023-02-01 2024-01-31 07120483 frs-core:MotorVehicles 2023-01-31 07120483 frs-core:PlantMachinery 2024-01-31 07120483 frs-core:PlantMachinery 2023-02-01 2024-01-31 07120483 frs-core:PlantMachinery 2023-01-31 07120483 frs-core:WithinOneYear 2024-01-31 07120483 frs-core:ShareCapital 2024-01-31 07120483 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 07120483 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07120483 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 07120483 frs-bus:SmallEntities 2023-02-01 2024-01-31 07120483 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 07120483 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 07120483 frs-bus:Director1 2023-02-01 2024-01-31 07120483 frs-core:CurrentFinancialInstruments 1 2024-01-31 07120483 frs-countries:EnglandWales 2023-02-01 2024-01-31 07120483 2022-01-31 07120483 2023-01-31 07120483 2022-02-01 2023-01-31 07120483 frs-core:CurrentFinancialInstruments 2023-01-31 07120483 frs-core:Non-currentFinancialInstruments 2023-01-31 07120483 frs-core:BetweenOneFiveYears 2023-01-31 07120483 frs-core:WithinOneYear 2023-01-31 07120483 frs-core:ShareCapital 2023-01-31 07120483 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 07120483 frs-core:CurrentFinancialInstruments 1 2023-01-31
Registered number: 07120483
Aspire Health And Care Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Marlow Proactive
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07120483
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 787,229 839,334
787,229 839,334
CURRENT ASSETS
Debtors 5 223,320 520,264
Cash at bank and in hand 199,683 81,258
423,003 601,522
Creditors: Amounts Falling Due Within One Year 6 (391,181 ) (348,825 )
NET CURRENT ASSETS (LIABILITIES) 31,822 252,697
TOTAL ASSETS LESS CURRENT LIABILITIES 819,051 1,092,031
Creditors: Amounts Falling Due After More Than One Year 7 (21,279 ) (30,969 )
NET ASSETS 797,772 1,061,062
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 797,771 1,061,061
SHAREHOLDERS' FUNDS 797,772 1,061,062
Page 1
Page 2
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Ivan Bakaltchev
Director
21/08/2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Aspire Health And Care Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07120483 . The registered office is 35 Dovecote Lane, Beeston, Nottingham, NG9 1HR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% Straight Line
Leasehold 5% Straight Line
Plant & Machinery 15% Straight Line
Motor Vehicles 25% Reducing Balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
Page 3
Page 4
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 52 (2023: 52)
52 52
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 February 2023 651,804 207,041 141,276 1,000,121
Additions - 1,836 51,539 53,375
Disposals - - (108,879 ) (108,879 )
As at 31 January 2024 651,804 208,877 83,936 944,617
Depreciation
As at 1 February 2023 - 94,924 65,863 160,787
Provided during the period - 28,257 7,986 36,243
Disposals - - (39,642 ) (39,642 )
As at 31 January 2024 - 123,181 34,207 157,388
...CONTINUED
Page 4
Page 5
Net Book Value
As at 31 January 2024 651,804 85,696 49,729 787,229
As at 1 February 2023 651,804 112,117 75,413 839,334
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 188,194 235,440
Prepayments and accrued income 20,800 12,212
Other debtors 14,228 9,853
Net wages 98 98
Director's loan account - 262,661
223,320 520,264
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 8,590 25,960
Trade creditors 84,846 91,958
Corporation tax 77,105 66,043
Other taxes and social security 52,087 36,395
Other creditors 525 1,412
Pension Creditor 4,524 3,959
Accruals and deferred income 123,504 83,098
Amounts owed to group undertakings 40,000 40,000
391,181 348,825
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 21,279 30,969
21,279 30,969
Page 5
Page 6
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 8,590 25,960
Later than one year and not later than five years 21,279 30,969
29,869 56,929
29,869 56,929
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 6