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REGISTERED NUMBER: 14525658 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Singlepoint Calls Limited

Singlepoint Calls Limited (Registered number: 14525658)

Contents of the Financial Statements
for the Year Ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Singlepoint Calls Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs A M Hawkins
B E Hawkins
L Aldridge





REGISTERED OFFICE: Heritage House
1 Vicar Lane
Daventry
Northamptonshire
NN11 4GD





REGISTERED NUMBER: 14525658 (England and Wales)





ACCOUNTANTS: Harris & Co
Chartered Accountants
2 Pavilion Court
600 Pavilion Drive
Northampton
NN4 7SL

Singlepoint Calls Limited (Registered number: 14525658)

Balance Sheet
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 61,126 8,866

CURRENT ASSETS
Debtors 5 70,475 850
Cash at bank 6 37,701 51,677
108,176 52,527
CREDITORS
Amounts falling due within one year 7 (59,607 ) (49,260 )
NET CURRENT ASSETS 48,569 3,267
TOTAL ASSETS LESS CURRENT LIABILITIES 109,695 12,133

CREDITORS
Amounts falling due after more than one
year

8

(43,037

)

-

PROVISIONS FOR LIABILITIES 9 (11,614 ) (1,581 )
NET ASSETS 55,044 10,552

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 54,944 10,452
55,044 10,552

Singlepoint Calls Limited (Registered number: 14525658)

Balance Sheet - continued
30 June 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by:





Mrs A M Hawkins - Director


Singlepoint Calls Limited (Registered number: 14525658)

Notes to the Financial Statements
for the Year Ended 30 June 2024


1. STATUTORY INFORMATION

Singlepoint Calls Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

. the amount of revenue can be measured reliably;
. it is probable that the Company will receive the consideration due under the contract;
. the stage of completion of the contract at the end of the reporting period can be measured
reliably; and
. the costs incurred and the costs to complete the contract can be measured reliably.

Singlepoint Calls Limited (Registered number: 14525658)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings - 33% straight line
Computer equipment - 33% straight line
Motor vehicles - 25% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of the financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Current and deferred taxation
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Singlepoint Calls Limited (Registered number: 14525658)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


2. ACCOUNTING POLICIES - continued

Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Pension costs and other post-retirement benefits
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Cash and cash equivalent
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provision for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2023 - 21 ) .

Singlepoint Calls Limited (Registered number: 14525658)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 2,845 - 7,434 10,279
Additions 2,376 55,900 3,953 62,229
At 30 June 2024 5,221 55,900 11,387 72,508
DEPRECIATION
At 1 July 2023 391 - 1,022 1,413
Charge for year 1,660 5,150 3,159 9,969
At 30 June 2024 2,051 5,150 4,181 11,382
NET BOOK VALUE
At 30 June 2024 3,170 50,750 7,206 61,126
At 30 June 2023 2,454 - 6,412 8,866

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 55,900
At 30 June 2024 55,900
DEPRECIATION
Charge for year 5,150
At 30 June 2024 5,150
NET BOOK VALUE
At 30 June 2024 50,750

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 69,535 -
Other debtors - 750
Directors' current accounts - 100
Prepayments and accrued income 940 -
70,475 850

Singlepoint Calls Limited (Registered number: 14525658)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


6. CASH AT BANK
2024 2023
£    £   
Bank account no. 1 37,701 51,677

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 7,029 -
Trade creditors 1,760 7,437
Tax 544 466
Social security and other taxes 14,357 -
VAT 28,619 21,962
Other creditors 1,132 1,275
Credit Card 1,294 -
Amounts owed to Group
undertakings - 11,574
Directors' current accounts 836 -
Accruals and deferred income - 3
Accrued expenses 4,036 6,543
59,607 49,260

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 43,037 -

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 11,614 1,581

Deferred
tax
£   
Balance at 1 July 2023 1,581
Provided during year 10,033
Balance at 30 June 2024 11,614

10. RELATED PARTY DISCLOSURES

At 30 June 2024 the Company owed The Appropriate Adult Service Limited, a Company with similar Directors £Nil (2023 £11,574). This loan is interest free and has no fixed repayment date.

During the period the Company invoiced The Appropriate Adult Service Limited, a Company with similar directors £659,175 (2023 £196,564). Of which £69,535 (2023 £Nil) was outstanding at the year end.

Singlepoint Calls Limited (Registered number: 14525658)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


11. PENSION COMMITMENTS

The Company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £5,743 (2023 £782).