CHIRON HEALTHCARE AT HOME LIMITED

Company Registration Number:
12102220 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

CHIRON HEALTHCARE AT HOME LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

CHIRON HEALTHCARE AT HOME LIMITED

Company Information

for the Period Ended 31 December 2023




Director: Justin A. S. Jewitt
Julia R. Magill
Fiona S. Watt
Registered office: Chappell Cottage
Anstey
Buntingford
England
SG9 0BL
Company Registration Number: 12102220 (England and Wales)

CHIRON HEALTHCARE AT HOME LIMITED

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Additional information

SMALL COMPANY PROVISIONS This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. BUSINESS REVIEW Chiron Healthcare At Home has been growing strongly during this trading year. We have begun to settle down in the new branch, welcome our new management team plus enjoying the positive experience of employing overseas nurses from Zimbabwe, Nigeria, Ghana and Guyana in both Northampton and Wellingborough. The cost of recruiting overseas staff has been significant which , added to our stated policy of paying high pay rates for all staff , means we have not been profitable during the year however we look to return to profitability over the next trading year. We should feel the benefits of investing in our overseas staff and will look to open new branches during the next financial year . Investment has also been made in new digital systems to improve the monitoring and control of our clients during the care visits made by the fully trained care workforce. All of our workforce including senior management have successfully passed the Oliver McGowan training programme for understanding better how to care for persons with a learning disability or Autism. We believe that we are probably the only complete team in the county to have taken up the training completely. Our long term vision remain the same, to be the clients choice for their personal health and social care service. The complete management team meets every 4 weeks to investigate all aspects of Chiron’s care delivery , and we look forward to building on this commitment to quality care during 2024 as we improve our digital systems by upgrading to One Touch Care.

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
Justin A. S. Jewitt
Julia R. Magill
Fiona S. Watt

This report was approved by the board of directors on 1 July 2024
And Signed On Behalf Of The Board By:

Name: Fiona S. Watt
Status: Director

CHIRON HEALTHCARE AT HOME LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 82,801 99,175
Tangible assets: 5 7,689 8,800
Total fixed assets: 90,490 107,975
Current assets
Debtors: 6 187,575 167,949
Cash at bank and in hand: 5,840 2,476
Total current assets: 193,415 170,425
Creditors: amounts falling due within one year: 7 ( 85,332 ) ( 83,393 )
Net current assets (liabilities): 108,083 87,032
Total assets less current liabilities: 198,573 195,007
Creditors: amounts falling due after more than one year: 8 ( 309,339 ) ( 244,457 )
Total net assets (liabilities): ( 110,766 ) ( 49,450 )

The notes form part of these financial statements

CHIRON HEALTHCARE AT HOME LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 110,866 ) ( 49,550 )
Shareholders funds: ( 110,766 ) ( 49,450 )

For the year ending 31 December 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 1 July 2024
And Signed On Behalf Of The Board By:

Name: Fiona S. Watt
Status: Director

The notes form part of these financial statements

CHIRON HEALTHCARE AT HOME LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable for services supplied.
    Revenue from the sale of services is recognised on delivery of the service; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

    Tangible fixed assets depreciation policy

    TANGIBLE ASSETS
    Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses.

    Depreciation 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:

    Care Equipment 5 years
    IT Equipment 3 years
    Furniture and Fittings 5 years
    Motor Vehicles 5 years
    Leasehold Improvements 5 year

    Intangible fixed assets amortisation policy

    INTANGIBLE ASSESTS
    Intangible assets are initially recognised at cost and have been amortised over the estimated useful economic life of the asset. The useful economic life of the asset categories has been assessed as
    Goodwill 10 years
    Websites 3 years

CHIRON HEALTHCARE AT HOME LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 37 19

CHIRON HEALTHCARE AT HOME LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

CHIRON HEALTHCARE AT HOME LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Intangible assets

Goodwill Other Total
Cost £ £ £
At 01 January 2023 120,028 650 120,678
Additions - - -
Disposals ( 3,685 ) - ( 3,685 )
Revaluations - - -
Transfers - - -
At 31 December 2023 116,343 650 116,993
Amortisation
Amortisation at 01 January 2023 21,236 267 21,503
Charge for year 12,464 225 12,689
On disposals - - -
Other adjustments - - -
Amortisation at 31 December 2023 33,700 492 34,192
Net book value
Net book value at 31 December 2023 82,643 158 82,801
Net book value at 31 December 2022 98,792 383 99,175

CHIRON HEALTHCARE AT HOME LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 01 January 2023 2,405 850 3,431 6,059 - 12,745
Additions 0 425 - 618 3,550 4,593
Disposals - - - - ( 1,851 ) ( 1,851 )
Revaluations - - - - - -
Transfers - - - - - -
At 31 December 2023 2,405 1,275 3,431 6,677 1,699 15,487
Depreciation
At 01 January 2023 814 301 803 2,027 0 3,945
Charge for year 500 239 771 2,172 370 4,052
On disposals - - - - ( 199 ) ( 199 )
Other adjustments - - - - - -
At 31 December 2023 1,314 540 1,574 4,199 171 7,798
Net book value
At 31 December 2023 1,091 735 1,857 2,478 1,528 7,689
At 31 December 2022 1,591 549 2,628 4,032 0 8,800

Leasehold improvements have been categorised under land and buildings

CHIRON HEALTHCARE AT HOME LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Debtors


2023
£

2022
£
Trade debtors 105,524 90,420
Prepayments and accrued income 54,531 43,826
Other debtors 27,520 33,703
Total 187,575 167,949

CHIRON HEALTHCARE AT HOME LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 7,026 17,008
Taxation and social security 5,168 12,133
Accruals and deferred income 64,818 46,055
Other creditors 8,320 8,197
Total 85,332 83,393

CHIRON HEALTHCARE AT HOME LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

8.Creditors: amounts falling due after more than one year


2023
£

2022
£
Other creditors 309,339 244,457
Total 309,339 244,457