Registered number
12033563
Clarity Homecare (Bury) Limited
Filleted Accounts
30 June 2024
Clarity Homecare (Bury) Limited
Registered number: 12033563
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 13,231 4,250
Tangible assets 4 10,087 6,714
23,318 10,964
Current assets
Debtors 5 115,816 77,615
Cash at bank and in hand 16,821 9,876
132,637 87,491
Creditors: amounts falling due within one year 6 (89,155) (50,915)
Net current assets 43,482 36,576
Net assets 66,800 47,540
Capital and reserves
Called up share capital 1 1
Profit and loss account 66,799 47,539
Shareholder's funds 66,800 47,540
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S Mpofu
Director
Approved by the board on 17 September 2024
Clarity Homecare (Bury) Limited
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 31 30
3 Intangible fixed assets £
Franchise fee;
Cost
At 1 July 2023 15,000
Additions 14,976
At 30 June 2024 29,976
Amortisation
At 1 July 2023 10,750
Provided during the year 5,995
At 30 June 2024 16,745
Net book value
At 30 June 2024 13,231
At 30 June 2023 4,250
Franchise purchase cost is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 July 2023 6,374 3,295 9,669
Additions 6,736 - 6,736
At 30 June 2024 13,110 3,295 16,405
Depreciation
At 1 July 2023 2,131 824 2,955
Charge for the year 2,745 618 3,363
At 30 June 2024 4,876 1,442 6,318
Net book value
At 30 June 2024 8,234 1,853 10,087
At 30 June 2023 4,243 2,471 6,714
5 Debtors 2024 2023
£ £
Trade debtors 115,816 77,615
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 31,371 25,626
Taxation and social security costs 54,021 23,978
Other creditors 3,763 1,311
89,155 50,915
7 Other information
Clarity Homecare (Bury) Limited is a private company limited by shares and incorporated in England. Its registered office is:
1 Melton Street
Radcliffe
Manchester
M26 4BR
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