Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 04330856 Mr Keith Guthrie Mr Ryan Cocker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04330856 2023-06-30 04330856 2024-06-30 04330856 2023-07-01 2024-06-30 04330856 frs-core:ComputerEquipment 2023-07-01 2024-06-30 04330856 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-01 2024-06-30 04330856 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 04330856 frs-core:MotorVehicles 2023-07-01 2024-06-30 04330856 frs-core:PlantMachinery 2023-07-01 2024-06-30 04330856 frs-core:ShareCapital 2024-06-30 04330856 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 04330856 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04330856 frs-bus:AbridgedAccounts 2023-07-01 2024-06-30 04330856 frs-bus:SmallEntities 2023-07-01 2024-06-30 04330856 frs-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 04330856 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 04330856 frs-bus:Director1 2023-07-01 2024-06-30 04330856 frs-bus:Director1 2023-06-30 04330856 frs-bus:Director1 2024-06-30 04330856 frs-bus:Director2 2023-07-01 2024-06-30 04330856 frs-bus:Director2 2023-06-30 04330856 frs-bus:Director2 2024-06-30 04330856 frs-countries:EnglandWales 2023-07-01 2024-06-30 04330856 2022-06-30 04330856 2023-06-30 04330856 2022-07-01 2023-06-30 04330856 frs-core:ShareCapital 2023-06-30 04330856 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 04330856
Vancare Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 June 2024
Crag & Co
Chartered Accountants & Chartered Tax Advisers
First Floor, Embsay Mill
Embsay
Skipton
North Yorkshire
BD23 6QR
Unaudited Financial Statements
Contents
Page
Accountants' Report 1
Abridged Balance Sheet 2—3
Notes to the Abridged Financial Statements 4—6
Page 1
Accountants' Report
Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Vancare Ltd for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Vancare Ltd for the year ended 30 June 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Vancare Ltd , as a body, in accordance with the terms of our engagement letter dated 13 November 2023. Our work has been undertaken solely to prepare for your approval the accounts of Vancare Ltd and state those matters that we have agreed to state to the directors of Vancare Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Vancare Ltd and its directors, as a body, for our work or for this report.
It is your duty to ensure that Vancare Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Vancare Ltd . You consider that Vancare Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Vancare Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
13/03/2025
Crag & Co
Chartered Accountants & Chartered Tax Advisers
First Floor, Embsay Mill
Embsay
Skipton
North Yorkshire
BD23 6QR
Page 1
Page 2
Abridged Balance Sheet
Registered number: 04330856
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,487 1,575
Tangible Assets 5 327,072 220,477
328,559 222,052
CURRENT ASSETS
Stocks 89,076 38,505
Debtors 1,038,391 930,617
Investments 60,006 60,006
Cash at bank and in hand 316,503 375,344
1,503,976 1,404,472
Creditors: Amounts Falling Due Within One Year (530,866 ) (513,614 )
NET CURRENT ASSETS (LIABILITIES) 973,110 890,858
TOTAL ASSETS LESS CURRENT LIABILITIES 1,301,669 1,112,910
PROVISIONS FOR LIABILITIES
Deferred Taxation (54,486 ) (32,190 )
NET ASSETS 1,247,183 1,080,720
CAPITAL AND RESERVES
Called up share capital 6 106 106
Profit and Loss Account 1,247,077 1,080,614
SHAREHOLDERS' FUNDS 1,247,183 1,080,720
Page 2
Page 3
For the year ending 30 June 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 June 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Keith Guthrie
Director
Mr Ryan Cocker
Director
13/03/2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Abridged Financial Statements
1. General Information
Vancare Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04330856 . The registered office is Grange Field Industrial Estate, Richardshaw Road Pudsey, Leeds, LS28 6QW.
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. 
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. Turnover is invoiced and recognised on the date of goods sold.
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 amortised to profit and loss account over the estimated economic life of 20 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:
Leasehold straight line over the term of the lease
Plant & Machinery 15% on reducing balance
Motor Vehicles 20% on reducing balance
Computer Equipment 25% on reducing balance
2.5. 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.
2.6. 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. 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.
...CONTINUED
Page 4
Page 5
2.6. Taxation - continued
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 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: 24 (2023: 19)
24 19
4. Intangible Assets
Total
£
Cost
As at 1 July 2023 1,750
As at 30 June 2024 1,750
Amortisation
As at 1 July 2023 175
Provided during the period 88
As at 30 June 2024 263
Net Book Value
As at 30 June 2024 1,487
As at 1 July 2023 1,575
5. Tangible Assets
Total
£
Cost
As at 1 July 2023 484,295
Additions 163,934
Disposals (8,249 )
As at 30 June 2024 639,980
Depreciation
As at 1 July 2023 263,818
Provided during the period 55,871
Disposals (6,781 )
As at 30 June 2024 312,908
Net Book Value
As at 30 June 2024 327,072
As at 1 July 2023 220,477
Page 5
Page 6
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 106 106
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 July 2023 Amounts advanced Amounts repaid Amounts written off As at 30 June 2024
£ £ £ £ £
Mr Keith Guthrie 962 - - - 962
Mr Ryan Cocker 18,173 - - - 18,173
The above loan is unsecured, interest free and repayable on demand.
8. Related Party Transactions
Vancare Parts Ltd is the subsidiary company of Vancare Ltd and is therefore a related party.
Mr K Guthrie and Mr R Cocker are directors of the company and are therefore related parties.
Mr K Guthrie is the majority shareholder and director of German Autocare Ltd. German Autocare Ltd is therefore a
related party.
Transactions between the related companies during the year were:
At the year end the amount owed to German Autocare Ltd is £78
At the year end the amount owed by German Autocare Ltd is £80
At the year end Mr Guthrie owed the company £962.
At the year end Mr Cocker owed the company £18,173.
Page 6