Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 02820780 Mr J A Harris Mrs S J Lewis Mr A Hemond Sir M Aylward Mr E M Byrne Ms L K Van Eeden Mrs S J Lewis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02820780 2022-12-31 02820780 2023-12-31 02820780 2023-01-01 2023-12-31 02820780 frs-core:CurrentFinancialInstruments 2023-12-31 02820780 frs-core:Non-currentFinancialInstruments 2023-12-31 02820780 frs-core:ComputerEquipment 2023-12-31 02820780 frs-core:ComputerEquipment 2023-01-01 2023-12-31 02820780 frs-core:ComputerEquipment 2022-12-31 02820780 frs-core:FurnitureFittings 2023-12-31 02820780 frs-core:FurnitureFittings 2023-01-01 2023-12-31 02820780 frs-core:FurnitureFittings 2022-12-31 02820780 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 02820780 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 02820780 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 02820780 frs-core:CapitalRedemptionReserve 2023-12-31 02820780 frs-core:SharePremium 2023-12-31 02820780 frs-core:ShareCapital 2023-12-31 02820780 frs-core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 02820780 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 02820780 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02820780 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 02820780 frs-bus:SmallEntities 2023-01-01 2023-12-31 02820780 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 02820780 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 02820780 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31 02820780 frs-bus:OrdinaryShareClass1 2023-12-31 02820780 frs-core:CostValuation 2022-12-31 02820780 frs-core:CostValuation 2023-12-31 02820780 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 02820780 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 02820780 frs-bus:Director1 2023-01-01 2023-12-31 02820780 frs-bus:Director2 2023-01-01 2023-12-31 02820780 frs-bus:Director3 2023-01-01 2023-12-31 02820780 frs-bus:Director4 2023-01-01 2023-12-31 02820780 frs-bus:Director5 2023-01-01 2023-12-31 02820780 frs-bus:Director6 2023-01-01 2023-12-31 02820780 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 02820780 frs-core:CurrentFinancialInstruments 1 2023-12-31 02820780 frs-countries:EnglandWales 2023-01-01 2023-12-31 02820780 2021-12-31 02820780 2022-12-31 02820780 2022-01-01 2022-12-31 02820780 frs-core:CurrentFinancialInstruments 2022-12-31 02820780 frs-core:Non-currentFinancialInstruments 2022-12-31 02820780 frs-core:CapitalRedemptionReserve 2021-12-31 02820780 frs-core:CapitalRedemptionReserve 2022-12-31 02820780 frs-core:SharePremium 2021-12-31 02820780 frs-core:SharePremium 2022-12-31 02820780 frs-core:ShareCapital 2021-12-31 02820780 frs-core:ShareCapital 2022-12-31 02820780 frs-core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 02820780 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2021-12-31 02820780 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 02820780 frs-bus:OrdinaryShareClass1 2022-01-01 2022-12-31 02820780 frs-core:CurrentFinancialInstruments 1 2022-12-31
Registered number: 02820780
Health Claims Bureau Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—7
Page 1
Balance Sheet
Registered number: 02820780
2023 2022
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 6,033 6,759
Investments 6 338 338
6,371 7,097
CURRENT ASSETS
Debtors 7 1,117,900 1,075,868
Cash at bank and in hand 22,075 29,923
1,139,975 1,105,791
Creditors: Amounts Falling Due Within One Year 8 (325,754 ) (433,418 )
NET CURRENT ASSETS (LIABILITIES) 814,221 672,373
TOTAL ASSETS LESS CURRENT LIABILITIES 820,592 679,470
Creditors: Amounts Falling Due After More Than One Year 9 (49,094 ) (70,233 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,146 ) (1,284 )
NET ASSETS 770,352 607,953
CAPITAL AND RESERVES
Called up share capital 10 375,435 375,435
Share premium account 19,980 19,980
Capital redemption reserve 87,520 87,520
Profit and Loss Account 287,417 125,018
SHAREHOLDERS' FUNDS 770,352 607,953
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit 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.
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 J A Harris
Director
2 September 2024
The notes on pages 4 to 7 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Share Premium Capital Redemption Profit and Loss Account Total
£ £ £ £ £
As at 1 January 2022 375,435 19,980 87,520 105,105 588,040
Profit for the year and total comprehensive income - - - 19,913 19,913
As at 31 December 2022 and 1 January 2023 as restated 375,435 19,980 87,520 125,018 607,953
Profit for the year and total comprehensive income - - - 162,399 162,399
As at 31 December 2023 375,435 19,980 87,520 287,417 770,352
The opening balances have been restated. In the financial statements for the year ended 31 December 2022 the Share Capital was reported as £112,786 and the Capital Redemption Reserve as £350,169. Following the prior period adjustment described in note 4, both of these balances have been restated.
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Page 4
Notes to the Financial Statements
1. General Information
Health Claims Bureau Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02820780 . The registered office is The Power House, High Street, Ardington, Wantage, Oxfordshire, OX12 8PS.
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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
Health Claims Bureau Limited is a parent of James Harris Investigations Ltd, Absence Matters Ltd and Momenta Training Limited. The registered office of the subsidaries is The Power House, High Street, Ardington, Wantage, Oxfordshire OX12 8PS and thier financial results can be seen in their individual financial statements. Health Claims Bureau Limited is also a parent of Health Claims Bureau (Ireland) Limited registered in Ireland. The registered office is 29 Johnstown Road, Cabinteely, Dun Laoghaire, County Dublin, Republic of Ireland. 
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 rendering of services. 
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:
Leasehold 3 Years straight line
Fixtures & Fittings 25% Reducing balance
Computer Equipment 3 Years straight line
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.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.6. 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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2022: 13)
14 13
4. Prior Period Adjustment
A prior year adjustment to Share Capital and the Capital Redemption Reserve is reflected in these financial statements.
A special resolution filed with Companies House in July 2024 reverses the company repurchase and cancellation of 262,649 ordinary £1 shares in 2008 that had been reflected in previous financial statements, but didn't actually happen. Share Capital has been increased and the Capital Redemption Reserve reduced accordingly.
5. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 6,419 9,197 19,131 34,747
Additions - - 2,513 2,513
As at 31 December 2023 6,419 9,197 21,644 37,260
Depreciation
As at 1 January 2023 6,419 6,330 15,239 27,988
Provided during the period - 717 2,522 3,239
As at 31 December 2023 6,419 7,047 17,761 31,227
Net Book Value
As at 31 December 2023 - 2,150 3,883 6,033
As at 1 January 2023 - 2,867 3,892 6,759
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6. Investments
Subsidiaries
£
Cost
As at 1 January 2023 338
As at 31 December 2023 338
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 338
As at 1 January 2023 338
7. Debtors
2023 2022
as restated
£ £
Due within one year
Trade debtors 127,636 106,788
Prepayments and accrued income 44,804 46,850
VAT - 10,335
172,440 163,973
Due after more than one year
Amounts owed by subsidiaries 545,459 574,277
Amounts owed by associates 400,001 337,618
945,460 911,895
1,117,900 1,075,868
8. Creditors: Amounts Falling Due Within One Year
2023 2022
as restated
£ £
Trade creditors 125,736 105,912
Bank loans and overdrafts 60,554 53,240
Other loans - 92,887
Corporation tax 16,373 12,674
Other taxes and social security 25,538 16,013
VAT 529 -
Other creditors - 16,904
Pension creditor 1,260 45,874
Accruals and deferred income 67,007 62,851
Directors' loan accounts 28,757 27,063
325,754 433,418
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9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
as restated
£ £
Bank loans 49,094 70,233
49,094 70,233
10. Share Capital
2023 2022
as restated
Allotted, called up and fully paid £ £
375,435 Ordinary Shares of £ 1.00 each 375,435 375,435
11. Related Party Transactions
As at the 31 December 2023 Health Claims Bureau Limited was owed £489,111 (2022: £524,029) from James Harris Investigations Ltd, £44,697 (2022: £44,697) from Absence Matters Limited, and £21,202 (2022: £16,810) from Examinex Limited which is a company under the control of Mr J Harris. Within creditors an amount of £9,551 (2022: £11,259) was owed to Momenta Training Limited. These intercompany loans were interest free during the year.
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