Acorah Software Products - Accounts Production 16.3.350 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 SC247174 Mrs Brenda Bothwell Mr David Bothwell Mr Kevin Nicol Mr David Bothwell true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC247174 2023-07-31 SC247174 2024-07-31 SC247174 2023-08-01 2024-07-31 SC247174 frs-core:CurrentFinancialInstruments 2024-07-31 SC247174 frs-core:BetweenOneFiveYears 2024-07-31 SC247174 frs-core:ComputerEquipment 2024-07-31 SC247174 frs-core:ComputerEquipment 2023-08-01 2024-07-31 SC247174 frs-core:ComputerEquipment 2023-07-31 SC247174 frs-core:FurnitureFittings 2024-07-31 SC247174 frs-core:FurnitureFittings 2023-08-01 2024-07-31 SC247174 frs-core:FurnitureFittings 2023-07-31 SC247174 frs-core:MotorVehicles 2024-07-31 SC247174 frs-core:MotorVehicles 2023-08-01 2024-07-31 SC247174 frs-core:MotorVehicles 2023-07-31 SC247174 frs-core:PlantMachinery 2024-07-31 SC247174 frs-core:PlantMachinery 2023-08-01 2024-07-31 SC247174 frs-core:PlantMachinery 2023-07-31 SC247174 frs-core:CapitalRedemptionReserve 2024-07-31 SC247174 frs-core:ShareCapital 2024-07-31 SC247174 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 SC247174 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 SC247174 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 SC247174 frs-bus:SmallEntities 2023-08-01 2024-07-31 SC247174 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 SC247174 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 SC247174 frs-bus:OrdinaryShareClass1 2023-08-01 2024-07-31 SC247174 frs-bus:OrdinaryShareClass1 2024-07-31 SC247174 1 2023-08-01 2024-07-31 SC247174 frs-core:DeferredTaxation 2023-08-01 2024-07-31 SC247174 frs-core:DeferredTaxation 2023-07-31 SC247174 frs-core:DeferredTaxation 2024-07-31 SC247174 frs-bus:Director1 2023-08-01 2024-07-31 SC247174 frs-bus:Director2 2023-08-01 2024-07-31 SC247174 frs-bus:Director3 2023-08-01 2024-07-31 SC247174 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 SC247174 frs-core:CurrentFinancialInstruments 1 2024-07-31 SC247174 frs-countries:Scotland 2023-08-01 2024-07-31 SC247174 2022-07-31 SC247174 2023-07-31 SC247174 2022-08-01 2023-07-31 SC247174 frs-core:CurrentFinancialInstruments 2023-07-31 SC247174 frs-core:BetweenOneFiveYears 2023-07-31 SC247174 frs-core:CapitalRedemptionReserve 2023-07-31 SC247174 frs-core:ShareCapital 2023-07-31 SC247174 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 SC247174 frs-bus:OrdinaryShareClass1 2022-08-01 2023-07-31 SC247174 frs-core:CurrentFinancialInstruments 1 2023-07-31
Registered number: SC247174
Paramount Care (Aberdeen) Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: SC247174
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,418 13,979
13,418 13,979
CURRENT ASSETS
Debtors 5 633,551 781,416
Cash at bank and in hand 1,781,040 1,583,910
2,414,591 2,365,326
Creditors: Amounts Falling Due Within One Year 6 (938,448 ) (973,790 )
NET CURRENT ASSETS (LIABILITIES) 1,476,143 1,391,536
TOTAL ASSETS LESS CURRENT LIABILITIES 1,489,561 1,405,515
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (1,399 ) (977 )
NET ASSETS 1,488,162 1,404,538
CAPITAL AND RESERVES
Called up share capital 9 900 900
Capital redemption reserve 300 300
Income Statement 1,486,962 1,403,338
SHAREHOLDERS' FUNDS 1,488,162 1,404,538
Page 1
Page 2
For the year ending 31 July 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
Mr David Bothwell
Director
25/04/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Paramount Care (Aberdeen) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC247174 . The registered office is 4 Glenfield, Livingston, West Lothian, EH54 7BG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met for the provision of healthcare services.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Plant & Machinery 25% straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight line
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 year 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 asset reflects 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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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2.8. Government Grant
Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income statement. Grants towards general activities of the entity over a specific period are recognised in the income statement over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income statement over the useful life of the asset concerned.
All grants in the income statement are recognised when all conditions for receipt have been complied with.
2.9. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 361 370
361 370
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2023 10,817 14,157 3,723 3,630 32,327
Additions - - 934 5,274 6,208
As at 31 July 2024 10,817 14,157 4,657 8,904 38,535
Depreciation
As at 1 August 2023 9,025 4,728 3,394 1,201 18,348
Provided during the period 1,019 3,539 251 1,960 6,769
As at 31 July 2024 10,044 8,267 3,645 3,161 25,117
Net Book Value
As at 31 July 2024 773 5,890 1,012 5,743 13,418
As at 1 August 2023 1,792 9,429 329 2,429 13,979
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 271,660 376,241
Prepayments and accrued income 356,431 403,025
Other debtors 5,460 2,150
633,551 781,416
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 9,788 13,991
Corporation tax 184,929 191,081
Other taxes and social security 87,187 134,502
Net wages 81,039 75,609
Pensions creditor 4,629 12,134
Accruals and deferred income 541,649 541,649
Directors' loan accounts 29,227 4,824
938,448 973,790
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 1,399 977
8. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 August 2023 977 977
Deferred taxation 422 422
Balance at 31 July 2024 1,399 1,399
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 900 900
2024 2023
Allotted, called up and fully paid £ £
900 Ordinary Shares of £ 1 each 900 900
10. Other Commitments
At the end of the period the company had annual commitments under non-cancellable operating leases as follows:
2024 2023
£ £
Later than one year and not later than five years 33,451 31,705
33,451 31,705
11. Pension Commitments
The company operates a defined contribution pension scheme for the employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the statement of financial position date unpaid contributions of £4,629 (2023: £12,134) were due to the fund. They are included in Other Creditors.
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12. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mr David Bothwell 155,000 143,000
Mr Kevin Nicol 155,000 143,000
Mrs Brenda Bothwell 155,000 143,000
13. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 465,000 429,000
14. Reserves
15. Ultimate Controlling Party
The company's ultimate controlling party is directors by virtue of his ownership of 100% of the issued share capital in the company.
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