Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 11445594 Mr Luke Fenelon Mrs Sandra Palmadottir iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11445594 2023-07-31 11445594 2024-07-31 11445594 2023-08-01 2024-07-31 11445594 frs-core:Non-currentFinancialInstruments 2024-07-31 11445594 frs-core:ComputerEquipment 2023-08-01 2024-07-31 11445594 frs-core:FurnitureFittings 2023-08-01 2024-07-31 11445594 frs-core:MotorVehicles 2023-08-01 2024-07-31 11445594 frs-core:PlantMachinery 2023-08-01 2024-07-31 11445594 frs-core:ShareCapital 2024-07-31 11445594 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 11445594 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 11445594 frs-bus:AbridgedAccounts 2023-08-01 2024-07-31 11445594 frs-bus:SmallEntities 2023-08-01 2024-07-31 11445594 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 11445594 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 11445594 frs-bus:OrdinaryShareClass1 2023-08-01 2024-07-31 11445594 frs-bus:OrdinaryShareClass1 2024-07-31 11445594 frs-bus:OrdinaryShareClass2 2023-08-01 2024-07-31 11445594 frs-bus:OrdinaryShareClass2 2024-07-31 11445594 frs-bus:Director1 2023-08-01 2024-07-31 11445594 frs-bus:Director2 2023-08-01 2024-07-31 11445594 frs-countries:EnglandWales 2023-08-01 2024-07-31 11445594 2022-07-31 11445594 2023-07-31 11445594 2022-08-01 2023-07-31 11445594 frs-core:Non-currentFinancialInstruments 2023-07-31 11445594 frs-core:ShareCapital 2023-07-31 11445594 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 11445594 frs-bus:OrdinaryShareClass1 2022-08-01 2023-07-31 11445594 frs-bus:OrdinaryShareClass2 2022-08-01 2023-07-31
Registered number: 11445594
Compass Homecare Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 July 2024
Together We Count Limited
87 Heeley Bank Road
Sheffield
South Yorkshire
S2 3GL
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 11445594
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 11,416 11,015
11,416 11,015
CURRENT ASSETS
Debtors 718,440 500,831
Cash at bank and in hand 243,606 299,835
962,046 800,666
Creditors: Amounts Falling Due Within One Year (155,867 ) (211,388 )
NET CURRENT ASSETS (LIABILITIES) 806,179 589,278
TOTAL ASSETS LESS CURRENT LIABILITIES 817,595 600,293
Creditors: Amounts Falling Due After More Than One Year (11,667 ) (20,833 )
NET ASSETS 805,928 579,460
CAPITAL AND RESERVES
Called up share capital 4 110 110
Profit and Loss Account 805,818 579,350
SHAREHOLDERS' FUNDS 805,928 579,460
Page 1
Page 2
For the year ending 31 July 2024 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 July 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Luke Fenelon
Director
19 September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
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.
1.3. 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:
Plant & Machinery 25% reducing balance method
Motor Vehicles 25% reducing balance method
Fixtures & Fittings 25% reducing balance method
Computer Equipment 33.3% straight line method
1.4. 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 year 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 41 (2023: 43)
41 43
3. Tangible Assets
Total
£
Cost
As at 1 August 2023 20,736
Additions 5,315
As at 31 July 2024 26,051
Depreciation
As at 1 August 2023 9,721
Provided during the period 4,914
As at 31 July 2024 14,635
Net Book Value
As at 31 July 2024 11,416
As at 1 August 2023 11,015
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4. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
10 Ordinary A shares of £ 1.00 each 10 10
110 110
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