Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3113falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01falseNo description of principal activity14falsetrue 08950816 2023-04-01 2024-03-31 08950816 2022-04-01 2023-03-31 08950816 2024-03-31 08950816 2023-03-31 08950816 c:Director1 2023-04-01 2024-03-31 08950816 d:FurnitureFittings 2023-04-01 2024-03-31 08950816 d:FurnitureFittings 2024-03-31 08950816 d:FurnitureFittings 2023-03-31 08950816 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 08950816 d:ComputerEquipment 2023-04-01 2024-03-31 08950816 d:ComputerEquipment 2024-03-31 08950816 d:ComputerEquipment 2023-03-31 08950816 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 08950816 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 08950816 d:CurrentFinancialInstruments 2024-03-31 08950816 d:CurrentFinancialInstruments 2023-03-31 08950816 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08950816 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08950816 d:ShareCapital 2024-03-31 08950816 d:ShareCapital 2023-03-31 08950816 d:RetainedEarningsAccumulatedLosses 2024-03-31 08950816 d:RetainedEarningsAccumulatedLosses 2023-03-31 08950816 c:FRS102 2023-04-01 2024-03-31 08950816 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08950816 c:FullAccounts 2023-04-01 2024-03-31 08950816 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08950816 2 2023-04-01 2024-03-31 08950816 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 08950816














KENT MEDICAL SECRETARIAL SERVICES LTD
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MARCH 2024

 
KENT MEDICAL SECRETARIAL SERVICES LTD
REGISTERED NUMBER: 08950816

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note

Fixed assets
  

Tangible assets
 4 
20,408
18,968

  
20,408
18,968

Current assets
  

Debtors: amounts falling due within one year
 5 
54,412
58,033

Cash at bank and in hand
 6 
31,361
72,961

  
85,773
130,994

Creditors: amounts falling due within one year
 7 
(72,577)
(79,352)

Net current assets
  
 
 
13,196
 
 
51,642

Total assets less current liabilities
  
33,604
70,610

  

Net assets
  
£33,604
£70,610


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
33,504
70,510

  
£33,604
£70,610


Page 1

 
KENT MEDICAL SECRETARIAL SERVICES LTD
REGISTERED NUMBER: 08950816

BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider 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 directors acknowledge their 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 on 27 November 2024.




G A Rolfe
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
KENT MEDICAL SECRETARIAL SERVICES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Kent Medical Secretarial Services Ltd is a private company limited by shares and incorporated in England and Wales. The company number is 08950816 and registered office address is Henwood House, Henwwod, Ashford, Kent TN24 8DH.

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:

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

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

Page 3

 
KENT MEDICAL SECRETARIAL SERVICES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Interest income

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

 
2.6

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.

 
2.7

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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Taxation

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 balance sheet date in the countries where the Company operates and generates income.

 
2.9

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
Computer equipment
-
20%

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.

Page 4

 
KENT MEDICAL SECRETARIAL SERVICES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.10

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.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

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.

 
2.13

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

2024
2023

Wages and salaries
274,619
224,111

Social security costs
15,747
11,024

Cost of defined contribution scheme
11,117
(2,208)

£301,483
£232,927


The average monthly number of employees, including directors, during the year was 14 (2023 -13).

Page 5

 
KENT MEDICAL SECRETARIAL SERVICES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total



Cost or valuation


At 1 April 2023
10,816
33,524
44,340


Additions
2,525
2,839
5,364



At 31 March 2024

13,341
36,363
49,704



Depreciation


At 1 April 2023
7,951
17,421
25,372


Charge for the year on owned assets
605
3,319
3,924



At 31 March 2024

8,556
20,740
29,296



Net book value



At 31 March 2024
£4,785
£15,623
£20,408



At 31 March 2023
£2,865
£16,103
£18,968

Page 6

 
KENT MEDICAL SECRETARIAL SERVICES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023


Trade debtors
51,051
58,033

Other debtors
3,361
-

£54,412
£58,033



6.


Cash and cash equivalents

2024
2023

Cash at bank and in hand
£31,361
£72,961



7.


Creditors: Amounts falling due within one year

2024
2023

Trade creditors
10,592
10,920

Corporation tax
-
11,663

Other taxation and social security
34,015
33,301

Other creditors
22,825
19,391

Accruals and deferred income
5,145
4,077

£72,577
£79,352



8.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £4,867 (2023 - £4,292) . Contributions totalling £973 (2023 - £979) were payable to the fund at the balance sheet date and are included in creditors.


Page 7