Acorah Software Products - Accounts Production 14.6.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07051131 Mr Timothy Roe Mrs Charlotte Roe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07051131 2023-03-31 07051131 2024-03-31 07051131 2023-04-01 2024-03-31 07051131 frs-core:CurrentFinancialInstruments 2024-03-31 07051131 frs-core:BetweenOneFiveYears 2024-03-31 07051131 frs-core:ComputerEquipment 2024-03-31 07051131 frs-core:ComputerEquipment 2023-04-01 2024-03-31 07051131 frs-core:ComputerEquipment 2023-03-31 07051131 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2024-03-31 07051131 frs-core:OtherResidualIntangibleAssets 2024-03-31 07051131 frs-core:OtherResidualIntangibleAssets 2023-03-31 07051131 frs-core:PlantMachinery 2024-03-31 07051131 frs-core:PlantMachinery 2023-04-01 2024-03-31 07051131 frs-core:PlantMachinery 2023-03-31 07051131 frs-core:WithinOneYear 2024-03-31 07051131 frs-core:ShareCapital 2024-03-31 07051131 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07051131 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07051131 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07051131 frs-bus:SmallEntities 2023-04-01 2024-03-31 07051131 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07051131 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07051131 frs-bus:Director1 2023-04-01 2024-03-31 07051131 frs-bus:Director1 2023-03-31 07051131 frs-bus:Director1 2024-03-31 07051131 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 07051131 frs-core:CurrentFinancialInstruments 1 2024-03-31 07051131 frs-countries:EnglandWales 2023-04-01 2024-03-31 07051131 2022-03-31 07051131 2023-03-31 07051131 2022-04-01 2023-03-31 07051131 frs-core:CurrentFinancialInstruments 2023-03-31 07051131 frs-core:BetweenOneFiveYears 2023-03-31 07051131 frs-core:WithinOneYear 2023-03-31 07051131 frs-core:ShareCapital 2023-03-31 07051131 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 07051131 frs-core:CurrentFinancialInstruments 1 2023-03-31
Registered number: 07051131
Kernow Care Services Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
The Aylmer-Kelly Partnership LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07051131
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 3,313 3,122
3,313 3,122
CURRENT ASSETS
Debtors 6 65,193 53,608
Cash at bank and in hand 96,068 92,899
161,261 146,507
Creditors: Amounts Falling Due Within One Year 7 (121,753 ) (98,469 )
NET CURRENT ASSETS (LIABILITIES) 39,508 48,038
TOTAL ASSETS LESS CURRENT LIABILITIES 42,821 51,160
PROVISIONS FOR LIABILITIES
Deferred Taxation (629 ) (593 )
NET ASSETS 42,192 50,567
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 42,092 50,467
SHAREHOLDERS' FUNDS 42,192 50,567
Page 1
Page 2
For the year ending 31 March 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
Mr Timothy Roe
Director
28/08/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Kernow Care Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07051131 . The registered office is Kerns House, Unit 11 Threemilestone Industrial Estate, Threemilestone, Truro, TR4 9LD.
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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:-

The cost of the franchise licence is being written off in equal annual instalments over its estimated economic life of 10 years.
2.4. 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:
Plant & Machinery 25% Reducing balance
Computer Equipment 25% Reducing balance
2.5. Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2.6. Pensions
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 22 (2023: 23)
22 23
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4. Intangible Assets
Other
£
Cost
As at 1 April 2023 34,212
As at 31 March 2024 34,212
Amortisation
As at 1 April 2023 34,212
As at 31 March 2024 34,212
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 1,151 12,036 13,187
Additions - 1,297 1,297
As at 31 March 2024 1,151 13,333 14,484
Depreciation
As at 1 April 2023 786 9,279 10,065
Provided during the period 91 1,015 1,106
As at 31 March 2024 877 10,294 11,171
Net Book Value
As at 31 March 2024 274 3,039 3,313
As at 1 April 2023 365 2,757 3,122
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 59,601 44,655
Prepayments and accrued income 5,592 6,953
Director's loan account - 2,000
65,193 53,608
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 5,149 5,422
Corporation tax 14,473 15,527
Other taxes and social security 8,814 8,111
Net wages 31,455 23,626
Other Creditor - Pension 2,577 2,040
Accruals and deferred income 56,161 43,743
Director's loan account 3,124 -
121,753 98,469
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 7,873 9,583
Later than one year and not later than five years 12,854 20,693
20,727 30,276
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mr Timothy Roe 2,000 58,380 63,504 - 3,124
The above loan is unsecured, interest free and repayable on demand.
11. Related Party Transactions
The director received a total salary of £9,121 (2023: £9,096) and total dividends of £61,463 during the year (2023: £58,000).
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