Acorah Software Products - Accounts Production 16.1.200 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 09112613 Mr Luke Brady Mr Craig McLean iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09112613 2023-07-31 09112613 2024-07-31 09112613 2023-08-01 2024-07-31 09112613 frs-core:Non-currentFinancialInstruments 2024-07-31 09112613 frs-core:FurnitureFittings 2023-08-01 2024-07-31 09112613 frs-core:NetGoodwill 2023-08-01 2024-07-31 09112613 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 09112613 frs-core:PlantMachinery 2023-08-01 2024-07-31 09112613 frs-core:ShareCapital 2024-07-31 09112613 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 09112613 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09112613 frs-bus:AbridgedAccounts 2023-08-01 2024-07-31 09112613 frs-bus:SmallEntities 2023-08-01 2024-07-31 09112613 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09112613 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 09112613 frs-core:CostValuation 2023-07-31 09112613 frs-core:CostValuation 2024-07-31 09112613 frs-bus:Director1 2023-08-01 2024-07-31 09112613 frs-bus:Director2 2023-08-01 2024-07-31 09112613 frs-countries:EnglandWales 2023-08-01 2024-07-31 09112613 2022-07-31 09112613 2023-07-31 09112613 2022-08-01 2023-07-31 09112613 frs-core:Non-currentFinancialInstruments 2023-07-31 09112613 frs-core:ShareCapital 2023-07-31 09112613 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 09112613
Chiro.London Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 July 2024
CAD Accountancy Ltd
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 09112613
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 74,250 80,250
Tangible Assets 5 17,491 36,526
Investments 6 20,000 20,000
111,741 136,776
CURRENT ASSETS
Debtors 266,431 320,053
Cash at bank and in hand 258,946 403,774
525,377 723,827
Creditors: Amounts Falling Due Within One Year (171,950 ) (507,147 )
NET CURRENT ASSETS (LIABILITIES) 353,427 216,680
TOTAL ASSETS LESS CURRENT LIABILITIES 465,168 353,456
Creditors: Amounts Falling Due After More Than One Year - (15,800 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,613 ) (9,178 )
NET ASSETS 459,555 328,478
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 459,455 328,378
SHAREHOLDERS' FUNDS 459,555 328,478
Page 1
Page 2
For the year ending 31 July 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 July 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Craig McLean
Director
2nd January 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Chiro.London Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09112613 . The registered office is The Warehouse, Anchor Quay, Penryn, Cornwall, TR10 8GZ.
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 - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 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 2.5 years straightline
Plant & Machinery 20% straightline
Fixtures & Fittings 20% straightline
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 year 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 asset reflects 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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3. Average Number of Employees
Average number of employees, including directors, during the year was: 16 (2023: 17)
16 17
4. Intangible Assets
Total
£
Cost
As at 1 August 2023 120,000
As at 31 July 2024 120,000
Amortisation
As at 1 August 2023 39,750
Provided during the period 6,000
As at 31 July 2024 45,750
Net Book Value
As at 31 July 2024 74,250
As at 1 August 2023 80,250
5. Tangible Assets
Total
£
Cost
As at 1 August 2023 254,188
Additions 3,596
As at 31 July 2024 257,784
Depreciation
As at 1 August 2023 217,662
Provided during the period 22,631
As at 31 July 2024 240,293
Net Book Value
As at 31 July 2024 17,491
As at 1 August 2023 36,526
6. Investments
Total
£
Cost
As at 1 August 2023 20,000
As at 31 July 2024 20,000
Provision
As at 1 August 2023 -
As at 31 July 2024 -
...CONTINUED
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Net Book Value
As at 31 July 2024 20,000
As at 1 August 2023 20,000
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Subsidiary undertaking:
The Great Berkeley Clinic Limited
Registered Office:
The Warehouse
Anchor Quay
Penryn
Cornwall
TR10 8GZ
Holding:
Ordinary shares
Proportion of voting rights and shares held:
2023 ­ 100%
2022 ­ 100%
The principal activity of The Great Berkeley Clinic Limited is the facilitation of heathcare services.
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
Summary of transactions with subsidiaries:
The Great Berkeley Clinic Limited
Wholly owned subsidiary
Amount due by the related party at 31 July 2024: £222,695 (31 July 2023: £276,709)
Summary of transactions with other related parties:
As at 31 July 2024,  the company owed £0 (2023: £62,959) to Putney Chiropractic Limited,  a company owned and controlled by one of the directors,  Mr Craig McLean.  
As at 31 July 2024  the company was owed £0 (2023: £775) by Ulpan & Co Limited,  a company owned and controlled by one of the directors,  Mr Luke Brady.  
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