Acorah Software Products - Accounts Production 16.0.110 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 09324488 Dr N Ahmad iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09324488 2022-11-30 09324488 2023-11-30 09324488 2022-12-01 2023-11-30 09324488 frs-core:CurrentFinancialInstruments 2023-11-30 09324488 frs-core:ComputerEquipment 2023-11-30 09324488 frs-core:ComputerEquipment 2022-12-01 2023-11-30 09324488 frs-core:ComputerEquipment 2022-11-30 09324488 frs-core:MotorVehicles 2023-11-30 09324488 frs-core:MotorVehicles 2022-12-01 2023-11-30 09324488 frs-core:MotorVehicles 2022-11-30 09324488 frs-core:PlantMachinery 2023-11-30 09324488 frs-core:PlantMachinery 2022-12-01 2023-11-30 09324488 frs-core:PlantMachinery 2022-11-30 09324488 frs-core:ShareCapital 2023-11-30 09324488 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09324488 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09324488 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09324488 frs-bus:SmallEntities 2022-12-01 2023-11-30 09324488 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09324488 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09324488 frs-bus:Director1 2022-12-01 2023-11-30 09324488 frs-countries:EnglandWales 2022-12-01 2023-11-30 09324488 2021-11-30 09324488 2022-11-30 09324488 2021-12-01 2022-11-30 09324488 frs-core:CurrentFinancialInstruments 2022-11-30 09324488 frs-core:ShareCapital 2022-11-30 09324488 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 09324488
Commisceo Primary Care Solutions Limited
Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09324488
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 55,177 65,394
Investment Properties 5 892,430 -
947,607 65,394
CURRENT ASSETS
Debtors 6 703,901 1,282,858
Cash at bank and in hand 4,602,052 5,416,993
5,305,953 6,699,851
Creditors: Amounts Falling Due Within One Year 7 (1,160,607 ) (1,731,570 )
NET CURRENT ASSETS (LIABILITIES) 4,145,346 4,968,281
TOTAL ASSETS LESS CURRENT LIABILITIES 5,092,953 5,033,675
NET ASSETS 5,092,953 5,033,675
CAPITAL AND RESERVES
Called up share capital 8 4 4
Profit and Loss Account 5,092,949 5,033,671
SHAREHOLDERS' FUNDS 5,092,953 5,033,675
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For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
Dr N Ahmad
Director
26 November 2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Commisceo Primary Care Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09324488 . The registered office is Suite Seven The Skyline Plaza, 45 Victoria Avenue, Southend-On-Sea, Essex, SS2 6BB.
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, excluding discounts, rebates, value added taxes, and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and 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
Motor Vehicles 20% Reducing balance
Computer Equipment 25% Reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.
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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
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2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 30 (2022: 37)
30 37
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2022 34,310 73,377 21,204 128,891
As at 30 November 2023 34,310 73,377 21,204 128,891
Depreciation
As at 1 December 2022 15,688 31,276 16,533 63,497
Provided during the period 4,655 4,393 1,169 10,217
As at 30 November 2023 20,343 35,669 17,702 73,714
Net Book Value
As at 30 November 2023 13,967 37,708 3,502 55,177
As at 1 December 2022 18,622 42,101 4,671 65,394
5. Investment Property
2023
£
Fair Value
As at 1 December 2022 -
Additions 892,430
As at 30 November 2023 892,430
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 632,873 1,216,918
Other debtors 71,028 65,940
703,901 1,282,858
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7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 145,537 167,520
Other creditors 720,714 640,328
Taxation and social security 294,356 923,722
1,160,607 1,731,570
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 4 4
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