Registered number
09881885
Dacre House Limited
Filleted Accounts
31 March 2024
Dacre House Limited
Registered number: 09881885
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 364,284 385,713
Tangible assets 4 616,240 536,751
980,524 922,464
Current assets
Stocks 53,898 51,553
Debtors 5 101,352 71,328
Cash at bank and in hand 452,952 479,614
608,202 602,495
Creditors: amounts falling due within one year 6 (287,866) (319,125)
Net current assets 320,336 283,370
Total assets less current liabilities 1,300,860 1,205,834
Creditors: amounts falling due after more than one year 7 (461,867) (451,599)
Net assets 838,993 754,235
Capital and reserves
Called up share capital 6 4
Profit and loss account 838,987 754,231
Shareholders' funds 838,993 754,235
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Bradley Curtis
Director
Approved by the board on 17 March 2025
Dacre House Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer equipment 33% straight line
Fixtures and fittings 15% reducing balance
Clinic equipment 15% reducing balance and 33% straight line
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 24 26
3 Intangible fixed assets £
Goodwill:
Cost
At 1 April 2023 450,000
At 31 March 2024 450,000
Amortisation
At 1 April 2023 64,287
Provided during the year 21,429
At 31 March 2024 85,716
Net book value
At 31 March 2024 364,284
At 31 March 2023 385,713
Goodwill is being written off in equal annual instalments over its estimated economic life of 21 years.
4 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 April 2023 492,169 107,774 599,943
Additions 86,252 1,506 87,758
At 31 March 2024 578,421 109,280 687,701
Depreciation
At 1 April 2023 - 63,192 63,192
Charge for the year - 8,269 8,269
At 31 March 2024 - 71,461 71,461
Net book value
At 31 March 2024 578,421 37,819 616,240
At 31 March 2023 492,169 44,582 536,751
5 Debtors 2024 2023
£ £
Trade debtors 64,902 51,910
Other debtors 36,450 19,418
101,352 71,328
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 58,087 82,237
Trade creditors 72,849 65,527
Taxation and social security costs 118,188 114,889
Directors loan account 27,380 39,182
Other creditors 11,362 17,290
287,866 319,125
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 461,867 451,599
8 Other information
Dacre House Limited is a private company limited by shares and incorporated in England. Its registered office is:
Bank Chambers
1-3 Woodford Avenue
Gants Hill, Ilford
Essex
IG2 6UF
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