Acorah Software Products - Accounts Production 16.1.300 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 11475944 Mr D W Granger Mr S M Falder Mrs L J Moore Mr M Smalley Mr M J Perry Mrs L J Moore iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11475944 2023-12-31 11475944 2024-12-31 11475944 2024-01-01 2024-12-31 11475944 frs-core:CurrentFinancialInstruments 2024-12-31 11475944 frs-core:Non-currentFinancialInstruments 2024-12-31 11475944 frs-core:BetweenOneFiveYears 2024-12-31 11475944 frs-core:FurnitureFittings 2024-12-31 11475944 frs-core:FurnitureFittings 2024-01-01 2024-12-31 11475944 frs-core:FurnitureFittings 2023-12-31 11475944 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 11475944 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 11475944 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 11475944 frs-core:PlantMachinery 2024-12-31 11475944 frs-core:PlantMachinery 2024-01-01 2024-12-31 11475944 frs-core:PlantMachinery 2023-12-31 11475944 frs-core:WithinOneYear 2024-12-31 11475944 frs-core:ShareCapital 2024-12-31 11475944 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11475944 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11475944 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11475944 frs-bus:SmallEntities 2024-01-01 2024-12-31 11475944 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11475944 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11475944 frs-bus:Director1 2024-01-01 2024-12-31 11475944 frs-bus:Director2 2024-01-01 2024-12-31 11475944 frs-bus:Director3 2024-01-01 2024-12-31 11475944 frs-bus:Director4 2024-01-01 2024-12-31 11475944 frs-bus:Director5 2024-01-01 2024-12-31 11475944 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 11475944 frs-countries:EnglandWales 2024-01-01 2024-12-31 11475944 2022-12-31 11475944 2023-12-31 11475944 2023-01-01 2023-12-31 11475944 frs-core:CurrentFinancialInstruments 2023-12-31 11475944 frs-core:Non-currentFinancialInstruments 2023-12-31 11475944 frs-core:BetweenOneFiveYears 2023-12-31 11475944 frs-core:WithinOneYear 2023-12-31 11475944 frs-core:ShareCapital 2023-12-31 11475944 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 11475944
The Old Cottage Hospital Limited
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11475944
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,163 6,858
2,163 6,858
CURRENT ASSETS
Debtors 5 20,564 30,460
Cash at bank and in hand 36,127 31,577
56,691 62,037
Creditors: Amounts Falling Due Within One Year 6 (97,571 ) (101,884 )
NET CURRENT ASSETS (LIABILITIES) (40,880 ) (39,847 )
TOTAL ASSETS LESS CURRENT LIABILITIES (38,717 ) (32,989 )
NET LIABILITIES (38,717 ) (32,989 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (38,817 ) (33,089 )
SHAREHOLDERS' FUNDS (38,717) (32,989)
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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 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 D W Granger
Director
25 February 2025
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
The Old Cottage Hospital Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11475944 . The registered office is The Old Cottage Hospital, Leicester Road, Ashby De La Zouch, Leicestershire, LE65 1DB.
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. Going Concern Disclosure
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existance for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable for rental services provided in the normal course of business, net of discounts and value added taxes.
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 20% Straight line
Plant & Machinery 33.3% Straight line
Fixtures & Fittings 15% Straight line
2.5. Leasing and Hire Purchase Contracts
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.
Rental income from operating leases is recognoised on a straight line basis over the term of the relevant lease.
2.6. 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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
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4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2024 25,447 3,389 21,646 50,482
As at 31 December 2024 25,447 3,389 21,646 50,482
Depreciation
As at 1 January 2024 23,999 3,389 16,236 43,624
Provided during the period 1,448 - 3,247 4,695
As at 31 December 2024 25,447 3,389 19,483 48,319
Net Book Value
As at 31 December 2024 - - 2,163 2,163
As at 1 January 2024 1,448 - 5,410 6,858
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,582 17,893
Prepayments and accrued income 13,565 10,582
VAT 685 258
Called up share capital not paid 100 100
17,932 28,833
Due after more than one year
Deferred tax current asset 2,632 1,627
20,564 30,460
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 55,483 60,252
Accruals and deferred income 22,088 16,632
Amounts owed to associates 20,000 25,000
97,571 101,884
7. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 100 100
Amount of Allotted, Called Up Share Capital 100 100
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8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 41,000 41,000
Later than one year and not later than five years 123,000 164,000
164,000 205,000
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