Acorah Software Products - Accounts Production 16.0.110 false true 31 July 2022 1 August 2021 false 1 August 2022 29 July 2023 29 July 2023 12131460 Ms Elizabeth Joseph Mrs Tamara Rush Mr John Rush iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12131460 2022-07-31 12131460 2023-07-29 12131460 2022-08-01 2023-07-29 12131460 frs-core:CurrentFinancialInstruments 2023-07-29 12131460 frs-core:Non-currentFinancialInstruments 2023-07-29 12131460 frs-core:FurnitureFittings 2023-07-29 12131460 frs-core:FurnitureFittings 2022-08-01 2023-07-29 12131460 frs-core:FurnitureFittings 2022-07-31 12131460 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-29 12131460 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-08-01 2023-07-29 12131460 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-07-31 12131460 frs-core:ShareCapital 2023-07-29 12131460 frs-core:RetainedEarningsAccumulatedLosses 2023-07-29 12131460 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-29 12131460 frs-bus:FilletedAccounts 2022-08-01 2023-07-29 12131460 frs-bus:SmallEntities 2022-08-01 2023-07-29 12131460 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-29 12131460 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-29 12131460 frs-bus:Director1 2022-08-01 2023-07-29 12131460 frs-bus:Director2 2022-08-01 2023-07-29 12131460 frs-bus:Director3 2022-08-01 2023-07-29 12131460 frs-countries:EnglandWales 2022-08-01 2023-07-29 12131460 2021-07-31 12131460 2022-07-31 12131460 2021-08-01 2022-07-31 12131460 frs-core:CurrentFinancialInstruments 2022-07-31 12131460 frs-core:Non-currentFinancialInstruments 2022-07-31 12131460 frs-core:ShareCapital 2022-07-31 12131460 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 12131460
Fern Leaf Carehome Limited
Unaudited Financial Statements
For The Year Ended 29 July 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12131460
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 612,806 610,342
612,806 610,342
CURRENT ASSETS
Debtors 5 27,982 468,320
Cash at bank and in hand 160,614 40,642
188,596 508,962
Creditors: Amounts Falling Due Within One Year 6 (176,043 ) (634,596 )
NET CURRENT ASSETS (LIABILITIES) 12,553 (125,634 )
TOTAL ASSETS LESS CURRENT LIABILITIES 625,359 484,708
Creditors: Amounts Falling Due After More Than One Year 7 (452,506 ) (464,215 )
NET ASSETS 172,853 20,493
CAPITAL AND RESERVES
Called up share capital 8 1 100
Profit and Loss Account 172,852 20,393
SHAREHOLDERS' FUNDS 172,853 20,493
Page 1
Page 2
For the year ending 29 July 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
Ms Elizabeth Joseph
Director
24/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Fern Leaf Carehome Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12131460 . The registered office is 36 Bedford Road, Ilford, IG1 1EJ.
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.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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:
Freehold recorded at cost
Fixtures & Fittings 20% Reducing Balance Method
2.4. Presentation Currency
The accounts are presented in £ Sterling.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 78 (2022: 32)
78 32
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 August 2022 595,154 23,248 618,402
Additions - 6,877 6,877
As at 29 July 2023 595,154 30,125 625,279
Depreciation
As at 1 August 2022 - 8,060 8,060
Provided during the period - 4,413 4,413
As at 29 July 2023 - 12,473 12,473
...CONTINUED
Page 3
Page 4
Net Book Value
As at 29 July 2023 595,154 17,652 612,806
As at 1 August 2022 595,154 15,188 610,342
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 27,982 384,684
Prepayments and accrued income - 45,000
Other debtors - 38,636
27,982 468,320
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 19,031 15,963
Other taxes and social security 60,147 532,329
Other creditors 89,704 85,928
Accruals and deferred income 3,600 376
Directors' loan accounts 3,561 -
176,043 634,596
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 452,506 464,215
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 100
Page 4