Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 SC666333 Ms Adijat Ganiyu iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC666333 2023-12-31 SC666333 2024-12-31 SC666333 2024-01-01 2024-12-31 SC666333 frs-core:CurrentFinancialInstruments 2024-12-31 SC666333 frs-core:Non-currentFinancialInstruments 2024-12-31 SC666333 frs-core:ComputerEquipment 2024-12-31 SC666333 frs-core:ComputerEquipment 2024-01-01 2024-12-31 SC666333 frs-core:ComputerEquipment 2023-12-31 SC666333 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 SC666333 frs-core:FurnitureFittings 2024-12-31 SC666333 frs-core:FurnitureFittings 2024-01-01 2024-12-31 SC666333 frs-core:FurnitureFittings 2023-12-31 SC666333 frs-core:MotorVehicles 2024-12-31 SC666333 frs-core:MotorVehicles 2024-01-01 2024-12-31 SC666333 frs-core:MotorVehicles 2023-12-31 SC666333 frs-core:OtherResidualIntangibleAssets 2024-12-31 SC666333 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 SC666333 frs-core:OtherResidualIntangibleAssets 2023-12-31 SC666333 frs-core:ShareCapital 2024-12-31 SC666333 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC666333 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC666333 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 SC666333 frs-bus:SmallEntities 2024-01-01 2024-12-31 SC666333 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC666333 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC666333 frs-bus:Director1 2024-01-01 2024-12-31 SC666333 frs-core:CurrentFinancialInstruments 8 2024-12-31 SC666333 frs-core:CurrentFinancialInstruments 9 2024-12-31 SC666333 frs-core:Non-currentFinancialInstruments 9 2024-12-31 SC666333 frs-countries:Scotland 2024-01-01 2024-12-31 SC666333 2022-12-31 SC666333 2023-12-31 SC666333 2023-01-01 2023-12-31 SC666333 frs-core:CurrentFinancialInstruments 2023-12-31 SC666333 frs-core:Non-currentFinancialInstruments 2023-12-31 SC666333 frs-core:ShareCapital 2023-12-31 SC666333 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 SC666333 frs-core:CurrentFinancialInstruments 8 2023-12-31 SC666333 frs-core:CurrentFinancialInstruments 9 2023-12-31 SC666333 frs-core:Non-currentFinancialInstruments 9 2023-12-31
Registered number: SC666333
Bumsy Healthcare Services Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Thrive Finch Accounting Limited
Unit 17 White Barn
Manor Farm, Manor Road
Wantage
Oxfordshire
OX12 8NE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC666333
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 14,880 17,580
Tangible Assets 5 5,487 8,110
20,367 25,690
CURRENT ASSETS
Debtors 6 18,104 22,700
Cash at bank and in hand 29,255 14,634
47,359 37,334
Creditors: Amounts Falling Due Within One Year 7 (7,651 ) (10,097 )
NET CURRENT ASSETS (LIABILITIES) 39,708 27,237
TOTAL ASSETS LESS CURRENT LIABILITIES 60,075 52,927
Creditors: Amounts Falling Due After More Than One Year 8 (3,280 ) (3,794 )
NET ASSETS 56,795 49,133
CAPITAL AND RESERVES
Called up share capital 9 20 20
Profit and Loss Account 56,775 49,113
SHAREHOLDERS' FUNDS 56,795 49,133
Page 1
Page 2
For the year ending 31 December 2024 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 her 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
Ms Adijat Ganiyu
Director
27/01/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Bumsy Healthcare Services Limited is a private company, limited by shares, incorporated in Scotland, registered number SC666333 . The registered office is 83 Princes Street, Edinburgh, Midlothian, EH2 2ER.
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 Walfinch brand name. It 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:
Motor Vehicles 25% reducing balance
Fixtures & Fittings Straight line over 3 years
Computer Equipment Straight line over 3 years
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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 13 (2023: 13)
13 13
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 27,000
As at 31 December 2024 27,000
Amortisation
As at 1 January 2024 9,420
Provided during the period 2,700
As at 31 December 2024 12,120
Net Book Value
As at 31 December 2024 14,880
As at 1 January 2024 17,580
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 6,775 230 2,757 9,762
As at 31 December 2024 6,775 230 2,757 9,762
Depreciation
As at 1 January 2024 237 160 1,255 1,652
Provided during the period 1,634 70 919 2,623
As at 31 December 2024 1,871 230 2,174 4,275
Net Book Value
As at 31 December 2024 4,904 - 583 5,487
As at 1 January 2024 6,538 70 1,502 8,110
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 13,834 18,868
Prepayments and accrued income 3,697 1,059
Staff loans and advances - 2,200
17,531 22,127
Due after more than one year
Rent deposit 573 573
18,104 22,700
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,843 1,260
Corporation tax 3,281 2,445
Other taxes and social security 2,257 4,020
Pensions payable 558 436
Shareholder loan account (1,000 ) 695
Accruals and deferred income - 175
Director's loan account 712 1,066
7,651 10,097
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Deposits held 3,280 3,794
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 20 20
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