14 false false false false false false false false false false true false false false false false false No description of principal activity 2023-06-01 Sage Accounts Production Advanced 2023 - FRS102_2023 37,670 2,604 40,274 35,387 1,728 37,115 3,159 2,283 xbrli:pure xbrli:shares iso4217:GBP SC109044 2023-06-01 2024-05-31 SC109044 2024-05-31 SC109044 2023-05-31 SC109044 2022-06-01 2023-05-31 SC109044 2023-05-31 SC109044 2022-05-31 SC109044 core:FurnitureFittings 2023-06-01 2024-05-31 SC109044 bus:Director4 2023-06-01 2024-05-31 SC109044 core:WithinOneYear 2024-05-31 SC109044 core:WithinOneYear 2023-05-31 SC109044 core:AfterOneYear 2024-05-31 SC109044 core:AfterOneYear 2023-05-31 SC109044 core:ShareCapital 2024-05-31 SC109044 core:ShareCapital 2023-05-31 SC109044 core:RetainedEarningsAccumulatedLosses 2024-05-31 SC109044 core:RetainedEarningsAccumulatedLosses 2023-05-31 SC109044 bus:SmallEntities 2023-06-01 2024-05-31 SC109044 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 SC109044 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 SC109044 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 SC109044 bus:FullAccounts 2023-06-01 2024-05-31 SC109044 core:OfficeEquipment 2023-06-01 2024-05-31 SC109044 core:OfficeEquipment 2023-05-31 SC109044 core:OfficeEquipment 2024-05-31
COMPANY REGISTRATION NUMBER: SC109044
Case Management Services Limited
Filleted Unaudited Financial Statements
For the year ended
31 May 2024
Case Management Services Limited
Statement of Financial Position
31 May 2024
2024
2023
Note
£
£
Fixed assets
Tangible assets
5
3,159
2,283
Current assets
Debtors
6
684,940
544,444
Cash at bank and in hand
374,292
388,941
------------
---------
1,059,232
933,385
Creditors: amounts falling due within one year
7
255,541
185,486
------------
---------
Net current assets
803,691
747,899
---------
---------
Total assets less current liabilities
806,850
750,182
Creditors: amounts falling due after more than one year
8
13,168
23,066
---------
---------
Net assets
793,682
727,116
---------
---------
Capital and reserves
Called up share capital
5,005
5,003
Profit and loss account
788,677
722,113
---------
---------
Shareholders funds
793,682
727,116
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Case Management Services Limited
Statement of Financial Position (continued)
31 May 2024
These financial statements were approved by the board of directors and authorised for issue on 29 November 2024 , and are signed on behalf of the board by:
Mrs M S McGowan
Director
Company registration number: SC109044
Case Management Services Limited
Notes to the Financial Statements
Year ended 31 May 2024
1. General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Pure Office Suite 61, 4 - 5 Lochside Way, Edinburgh, EH12 9DT.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
15% straight line
Computer equipment
-
25% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 14 (2023: 14 ).
5. Tangible assets
Equipment
Total
£
£
Cost
At 1 June 2023
37,670
37,670
Additions
2,604
2,604
--------
--------
At 31 May 2024
40,274
40,274
--------
--------
Depreciation
At 1 June 2023
35,387
35,387
Charge for the year
1,728
1,728
--------
--------
At 31 May 2024
37,115
37,115
--------
--------
Carrying amount
At 31 May 2024
3,159
3,159
--------
--------
At 31 May 2023
2,283
2,283
--------
--------
6. Debtors
2024
2023
£
£
Trade debtors
460,422
477,184
Other debtors
224,518
67,260
---------
---------
684,940
544,444
---------
---------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
10,000
11,513
Trade creditors
6,369
5,833
Corporation tax
52,438
27,309
Social security and other taxes
112,575
106,809
Advances
7,083
3,858
Other creditors
16,045
7,987
Other creditors
51,031
22,177
---------
---------
255,541
185,486
---------
---------
8. Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
13,168
23,066
--------
--------
9. Related party transactions
Control: The company was controlled by the directors throughout the current and previous year. Transactions: No transactions with related parties were undertaken such as are required to be disclosed under Section 1A of FRS 102.
10. Controlling party
The ultimate parent undertaking is Mar House Limited , a company registered in Scotland, which owns the entire issued share capital of the company.