Acorah Software Products - Accounts Production 16.1.300 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 10458596 Dr ANTHONY OKORE Mr SEAN O'HANRAHAN iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10458596 2023-11-30 10458596 2024-11-30 10458596 2023-12-01 2024-11-30 10458596 frs-core:CurrentFinancialInstruments 2024-11-30 10458596 frs-core:ComputerEquipment 2024-11-30 10458596 frs-core:ComputerEquipment 2023-12-01 2024-11-30 10458596 frs-core:ComputerEquipment 2023-11-30 10458596 frs-core:FurnitureFittings 2024-11-30 10458596 frs-core:FurnitureFittings 2023-12-01 2024-11-30 10458596 frs-core:FurnitureFittings 2023-11-30 10458596 frs-core:MotorVehicles 2024-11-30 10458596 frs-core:MotorVehicles 2023-12-01 2024-11-30 10458596 frs-core:MotorVehicles 2023-11-30 10458596 frs-core:PlantMachinery 2023-12-01 2024-11-30 10458596 frs-core:ShareCapital 2024-11-30 10458596 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 10458596 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 10458596 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 10458596 frs-bus:SmallEntities 2023-12-01 2024-11-30 10458596 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 10458596 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 10458596 frs-bus:Director1 2023-12-01 2024-11-30 10458596 frs-bus:Director2 2023-12-01 2024-11-30 10458596 frs-countries:EnglandWales 2023-12-01 2024-11-30 10458596 2022-11-30 10458596 2023-11-30 10458596 2022-12-01 2023-11-30 10458596 frs-core:CurrentFinancialInstruments 2023-11-30 10458596 frs-core:ShareCapital 2023-11-30 10458596 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 10458596
HORIZON INTEGRATED REHABILITATION LTD
Financial Statements
For The Year Ended 30 November 2024
TOCKAN & CO
CHARTERED CERTIFIED ACCOUNTANTS
289 Brettenham Road
Edmonton
London
N18 2HF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10458596
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,676 18,522
29,676 18,522
CURRENT ASSETS
Debtors 5 693 -
Cash at bank and in hand 645,152 353,773
645,845 353,773
Creditors: Amounts Falling Due Within One Year 6 (324,881 ) (215,166 )
NET CURRENT ASSETS (LIABILITIES) 320,964 138,607
TOTAL ASSETS LESS CURRENT LIABILITIES 350,640 157,129
NET ASSETS 350,640 157,129
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 350,540 157,029
SHAREHOLDERS' FUNDS 350,640 157,129
Page 1
Page 2
For the year ending 30 November 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
Dr ANTHONY OKORE
Director
Mr SEAN O'HANRAHAN
Director
25/02/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
HORIZON INTEGRATED REHABILITATION LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10458596 . The registered office is 289 BRRETTENHAM ROAD, EDMONTON, LONDON, N18 2HF.
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. 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:
Plant & Machinery 25%
Motor Vehicles 25%
Fixtures & Fittings 25%
Computer Equipment 25%
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 51 (2023: 49)
51 49
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2023 21,989 - 4,530 26,519
Additions 19,794 1,254 - 21,048
As at 30 November 2024 41,783 1,254 4,530 47,567
Depreciation
As at 1 December 2023 5,497 - 2,500 7,997
Provided during the period 9,072 314 508 9,894
As at 30 November 2024 14,569 314 3,008 17,891
Net Book Value
As at 30 November 2024 27,214 940 1,522 29,676
As at 1 December 2023 16,492 - 2,030 18,522
5. Debtors
2024 2023
£ £
Due within one year
Net wages 693 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 66,075 48,578
Other taxes and social security 12,320 10,490
Other creditors 2,457 3,669
Accruals and deferred income 5,100 6,000
Directors' loan accounts 238,929 146,429
324,881 215,166
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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