Acorah Software Products - Accounts Production 14.6.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07109863 Mrs Clare Jefferies Mr Michael Jefferies Jefferies Group Limited Apsley House, Apsley Road, New Malden, Surrey true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07109863 2023-03-31 07109863 2024-03-31 07109863 2023-04-01 2024-03-31 07109863 frs-core:CurrentFinancialInstruments 2024-03-31 07109863 frs-core:ComputerEquipment 2024-03-31 07109863 frs-core:ComputerEquipment 2023-04-01 2024-03-31 07109863 frs-core:ComputerEquipment 2023-03-31 07109863 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2024-03-31 07109863 frs-core:FurnitureFittings 2024-03-31 07109863 frs-core:FurnitureFittings 2023-04-01 2024-03-31 07109863 frs-core:FurnitureFittings 2023-03-31 07109863 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 07109863 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 07109863 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 07109863 frs-core:MotorVehicles 2023-04-01 2024-03-31 07109863 frs-core:OtherResidualIntangibleAssets 2024-03-31 07109863 frs-core:OtherResidualIntangibleAssets 2023-04-01 2024-03-31 07109863 frs-core:OtherResidualIntangibleAssets 2023-03-31 07109863 frs-core:ShareCapital 2024-03-31 07109863 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07109863 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07109863 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07109863 frs-bus:SmallEntities 2023-04-01 2024-03-31 07109863 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07109863 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07109863 1 2023-04-01 2024-03-31 07109863 frs-bus:Director1 2023-04-01 2024-03-31 07109863 frs-bus:Director2 2023-04-01 2024-03-31 07109863 frs-countries:EnglandWales 2023-04-01 2024-03-31 07109863 2022-03-31 07109863 2023-03-31 07109863 2022-04-01 2023-03-31 07109863 frs-core:CurrentFinancialInstruments 2023-03-31 07109863 frs-core:ShareCapital 2023-03-31 07109863 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07109863
Epsom Senior Care Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
The Aylmer-Kelly Partnership LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07109863
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 18,450 20,910
Tangible Assets 5 30,569 33,442
49,019 54,352
CURRENT ASSETS
Debtors 6 1,004,847 621,010
Cash at bank and in hand 34,860 50,775
1,039,707 671,785
Creditors: Amounts Falling Due Within One Year 7 (436,878 ) (364,970 )
NET CURRENT ASSETS (LIABILITIES) 602,829 306,815
TOTAL ASSETS LESS CURRENT LIABILITIES 651,848 361,167
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,017 ) (3,599 )
NET ASSETS 647,831 357,568
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 647,731 357,468
SHAREHOLDERS' FUNDS 647,831 357,568
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Page 2
For the year ending 31 March 2024 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
Mr Michael Jefferies
Director
13/12/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Epsom Senior Care Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07109863 . The registered office is Finachem House, 2 Ashley Road, Epsom, Surrey, KT18 5AX.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are the franchise licence which is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. 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:
Leasehold Over lease term
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 25% Reducing Balance
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 140 (2023: 154)
140 154
4. Intangible Assets
Other
£
Cost
As at 1 April 2023 24,600
As at 31 March 2024 24,600
Amortisation
As at 1 April 2023 3,690
Provided during the period 2,460
As at 31 March 2024 6,150
Net Book Value
As at 31 March 2024 18,450
As at 1 April 2023 20,910
5. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 14,499 15,107 40,829 70,435
Additions - - 2,070 2,070
As at 31 March 2024 14,499 15,107 42,899 72,505
Depreciation
As at 1 April 2023 - 8,919 28,074 36,993
Provided during the period - 1,237 3,706 4,943
As at 31 March 2024 - 10,156 31,780 41,936
Net Book Value
As at 31 March 2024 14,499 4,951 11,119 30,569
As at 1 April 2023 14,499 6,188 12,755 33,442
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 274,909 248,690
Prepayments and accrued income 39,725 20,209
Other debtors 1,500 1,500
Amounts owed by group undertakings 688,713 350,611
1,004,847 621,010
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 56,205 38,114
Corporation tax 77,051 54,263
Other taxes and social security 56,850 49,842
Net wages 125,915 133,354
Other creditors 10,566 10,039
Accruals and deferred income 71,282 73,462
Amounts owed to group undertakings 39,009 5,896
436,878 364,970
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Ultimate Parent Undertaking and Controlling Party
On 30th September 2021 the entire share capital of Epsom Senior Care Limited was acquired by Jefferies Group Limited. Jefferies Group Limited was incorporated in England and Wales and copies of the group accounts may be obtained from the secretary, Apsley House, Apsley Road, New Malden, Surrey
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