Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312425true2023-01-01falseNo description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07418840 2023-01-01 2023-12-31 07418840 2022-01-01 2022-12-31 07418840 2023-12-31 07418840 2022-12-31 07418840 c:Director1 2023-01-01 2023-12-31 07418840 d:MotorVehicles 2023-01-01 2023-12-31 07418840 d:MotorVehicles 2023-12-31 07418840 d:MotorVehicles 2022-12-31 07418840 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07418840 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 07418840 d:FurnitureFittings 2023-01-01 2023-12-31 07418840 d:FurnitureFittings 2023-12-31 07418840 d:FurnitureFittings 2022-12-31 07418840 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07418840 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 07418840 d:OfficeEquipment 2023-01-01 2023-12-31 07418840 d:OfficeEquipment 2023-12-31 07418840 d:OfficeEquipment 2022-12-31 07418840 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07418840 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 07418840 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07418840 d:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 07418840 d:CurrentFinancialInstruments 2023-12-31 07418840 d:CurrentFinancialInstruments 2022-12-31 07418840 d:Non-currentFinancialInstruments 2023-12-31 07418840 d:Non-currentFinancialInstruments 2022-12-31 07418840 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07418840 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07418840 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 07418840 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 07418840 d:ShareCapital 2023-12-31 07418840 d:ShareCapital 2022-12-31 07418840 d:RetainedEarningsAccumulatedLosses 2023-12-31 07418840 d:RetainedEarningsAccumulatedLosses 2022-12-31 07418840 c:FRS102 2023-01-01 2023-12-31 07418840 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07418840 c:FullAccounts 2023-01-01 2023-12-31 07418840 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07418840 d:WithinOneYear 2023-12-31 07418840 d:WithinOneYear 2022-12-31 07418840 d:BetweenOneFiveYears 2023-12-31 07418840 d:BetweenOneFiveYears 2022-12-31 07418840 2 2023-01-01 2023-12-31 07418840 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-12-31 07418840 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2022-12-31 07418840 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2023-12-31 07418840 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2022-12-31 07418840 d:LeasedAssetsHeldAsLessee 2023-12-31 07418840 d:LeasedAssetsHeldAsLessee 2022-12-31 07418840 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 07418840










BEDROCK HEALTHCARE COMMUNICATIONS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
BEDROCK HEALTHCARE COMMUNICATIONS LIMITED
REGISTERED NUMBER: 07418840

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
197,924
84,935

  
197,924
84,935

Current assets
  

Debtors: amounts falling due within one year
 5 
2,291,082
1,992,788

Cash at bank and in hand
  
224,690
652,374

  
2,515,772
2,645,162

Creditors: amounts falling due within one year
 6 
(2,321,519)
(2,121,865)

Net current assets
  
 
 
194,253
 
 
523,297

Total assets less current liabilities
  
392,177
608,232

Creditors: amounts falling due after more than one year
 7 
(228,025)
(261,110)

Provisions for liabilities
  

Deferred tax
  
(13,366)
(15,230)

  
 
 
(13,366)
 
 
(15,230)

Net assets
  
150,786
331,892


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
150,686
331,792

  
150,786
331,892


Page 1

 
BEDROCK HEALTHCARE COMMUNICATIONS LIMITED
REGISTERED NUMBER: 07418840
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 






D J Youds
Director

Date: 19 September 2024

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
BEDROCK HEALTHCARE COMMUNICATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The company, which was incorporated and registered in England & Wales (registered number 07418840), is a privately owned company limited by shares. The registered office address is Wey Court West, Union Road, Farnham, Surrey, GU9 7PT.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
BEDROCK HEALTHCARE COMMUNICATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 4

 
BEDROCK HEALTHCARE COMMUNICATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
25% reducing balance
Fixtures and fittings
-
20% straight line
Office equipment
-
33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.12

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are
Page 5

 
BEDROCK HEALTHCARE COMMUNICATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.12
Financial instruments (continued)

initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 25 (2022 - 24).

Page 6

 
BEDROCK HEALTHCARE COMMUNICATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 January 2023
-
240,013
147,045
387,058


Additions
160,596
-
10,185
170,781



At 31 December 2023

160,596
240,013
157,230
557,839



Depreciation


At 1 January 2023
-
180,541
121,582
302,123


Charge for the year on owned assets
-
6,638
16,221
22,859


Charge for the year on financed assets
26,766
8,167
-
34,933



At 31 December 2023

26,766
195,346
137,803
359,915



Net book value



At 31 December 2023
133,830
44,667
19,427
197,924



At 31 December 2022
-
59,472
25,463
84,935

Page 7

 
BEDROCK HEALTHCARE COMMUNICATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

           4.Tangible fixed assets (continued)

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2023
2022
£
£



Motor vehicles
133,830
-

Furniture, fittings and equipment
27,906
37,072

161,736
37,072


5.


Debtors

2023
2022
£
£


Trade debtors
1,103,159
780,737

Amounts owed by group undertakings
298,161
476,611

Other debtors
814,532
655,495

Prepayments and accrued income
75,230
79,945

2,291,082
1,992,788



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
133,334
133,333

Trade creditors
118,424
165,979

Corporation tax
-
41,373

Other taxation and social security
179,647
74,056

Obligations under finance lease and hire purchase contracts
36,904
13,037

Other creditors
947,393
825,584

Accruals and deferred income
905,817
868,503

2,321,519
2,121,865


Page 8

 
BEDROCK HEALTHCARE COMMUNICATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
106,944
240,278

Net obligations under finance leases and hire purchase contracts
121,081
20,832

228,025
261,110



8.


Commitments under operating leases

At 31 December 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
208,528
208,528

Later than 1 year and not later than 5 years
305,356
483,425

513,884
691,953

 
Page 9