Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 05326877 Jignasa Gorania iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05326877 2023-03-31 05326877 2024-03-31 05326877 2023-04-01 2024-03-31 05326877 frs-core:CurrentFinancialInstruments 2024-03-31 05326877 frs-core:Non-currentFinancialInstruments 2024-03-31 05326877 frs-core:FurnitureFittings 2024-03-31 05326877 frs-core:FurnitureFittings 2023-04-01 2024-03-31 05326877 frs-core:FurnitureFittings 2023-03-31 05326877 frs-core:ShareCapital 2024-03-31 05326877 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 05326877 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05326877 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 05326877 frs-bus:SmallEntities 2023-04-01 2024-03-31 05326877 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05326877 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05326877 frs-core:CostValuation 2023-03-31 05326877 frs-core:AdditionsToInvestments 2024-03-31 05326877 frs-core:CostValuation 2024-03-31 05326877 frs-core:ProvisionsForImpairmentInvestments 2023-03-31 05326877 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 05326877 frs-bus:Director1 2023-04-01 2024-03-31 05326877 frs-countries:EnglandWales 2023-04-01 2024-03-31 05326877 2022-03-31 05326877 2023-03-31 05326877 2022-04-01 2023-03-31 05326877 frs-core:CurrentFinancialInstruments 2023-03-31 05326877 frs-core:Non-currentFinancialInstruments 2023-03-31 05326877 frs-core:ShareCapital 2023-03-31 05326877 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 05326877
Easy Care Services Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 05326877
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 17,617 19,401
Investments 5 69,848 43,022
87,465 62,423
CURRENT ASSETS
Stocks 6 37,500 35,000
Debtors 7 135,212 143,045
Cash at bank and in hand 55,912 208,453
228,624 386,498
Creditors: Amounts Falling Due Within One Year 8 (156,665 ) (189,986 )
NET CURRENT ASSETS (LIABILITIES) 71,959 196,512
TOTAL ASSETS LESS CURRENT LIABILITIES 159,424 258,935
Creditors: Amounts Falling Due After More Than One Year 9 (60,454 ) (74,031 )
NET ASSETS 98,970 184,904
CAPITAL AND RESERVES
Called up share capital 10 100 100
Income Statement 98,870 184,804
SHAREHOLDERS' FUNDS 98,970 184,904
Page 1
Page 2
For the year ending 31 March 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 Income Statement.
On behalf of the board
Jignasa Gorania
Director
07/02/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Easy Care Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05326877 . The registered office is 81 Nursery Road, Sunbury-On-Thames, TW16 6LW.
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:
Fixtures & Fittings 15% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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: 8 (2023: 5)
8 5
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2023 35,703
Additions 1,325
As at 31 March 2024 37,028
Depreciation
As at 1 April 2023 16,302
Provided during the period 3,109
As at 31 March 2024 19,411
Net Book Value
As at 31 March 2024 17,617
As at 1 April 2023 19,401
5. Investments
Other
£
Cost
As at 1 April 2023 43,022
Additions 26,826
As at 31 March 2024 69,848
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 69,848
As at 1 April 2023 43,022
6. Stocks
2024 2023
£ £
Stock 37,500 35,000
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 76,641 68,422
Other debtors 58,571 74,623
135,212 143,045
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 111,092 101,790
Bank loans and overdrafts 18,523 18,400
Other taxes and social security 3,909 1,090
Other creditors 23,141 68,706
156,665 189,986
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 60,454 74,031
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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