Acorah Software Products - Accounts Production 16.2.850 false true 29 July 2023 1 August 2022 false 30 July 2023 29 July 2024 29 July 2024 12131460 Mrs Tamara Rush Ms Elizabeth Joseph iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12131460 2023-07-29 12131460 2024-07-29 12131460 2023-07-30 2024-07-29 12131460 frs-core:CurrentFinancialInstruments 2024-07-29 12131460 frs-core:Non-currentFinancialInstruments 2024-07-29 12131460 frs-core:FurnitureFittings 2024-07-29 12131460 frs-core:FurnitureFittings 2023-07-30 2024-07-29 12131460 frs-core:FurnitureFittings 2023-07-29 12131460 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-29 12131460 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-30 2024-07-29 12131460 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-29 12131460 frs-core:ShareCapital 2024-07-29 12131460 frs-core:RetainedEarningsAccumulatedLosses 2024-07-29 12131460 frs-bus:PrivateLimitedCompanyLtd 2023-07-30 2024-07-29 12131460 frs-bus:FilletedAccounts 2023-07-30 2024-07-29 12131460 frs-bus:SmallEntities 2023-07-30 2024-07-29 12131460 frs-bus:AuditExempt-NoAccountantsReport 2023-07-30 2024-07-29 12131460 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-30 2024-07-29 12131460 frs-bus:Director1 2023-07-30 2024-07-29 12131460 frs-bus:Director2 2023-07-30 2024-07-29 12131460 frs-core:CurrentFinancialInstruments 1 2024-07-29 12131460 frs-countries:EnglandWales 2023-07-30 2024-07-29 12131460 2022-07-31 12131460 2023-07-29 12131460 2022-08-01 2023-07-29 12131460 frs-core:CurrentFinancialInstruments 2023-07-29 12131460 frs-core:Non-currentFinancialInstruments 2023-07-29 12131460 frs-core:ShareCapital 2023-07-29 12131460 frs-core:RetainedEarningsAccumulatedLosses 2023-07-29 12131460 frs-core:CurrentFinancialInstruments 1 2023-07-29
Registered number: 12131460
Fern Leaf Carehome Limited
Unaudited Financial Statements
For The Year Ended 29 July 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12131460
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 696,671 612,806
696,671 612,806
CURRENT ASSETS
Debtors 5 105,170 27,982
Cash at bank and in hand 150,231 160,614
255,401 188,596
Creditors: Amounts Falling Due Within One Year 6 (323,721 ) (164,655 )
NET CURRENT ASSETS (LIABILITIES) (68,320 ) 23,941
TOTAL ASSETS LESS CURRENT LIABILITIES 628,351 636,747
Creditors: Amounts Falling Due After More Than One Year 7 (179,249 ) (452,506 )
NET ASSETS 449,102 184,241
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 449,101 184,240
SHAREHOLDERS' FUNDS 449,102 184,241
For the year ending 29 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 Profit and Loss Account.
On behalf of the board
Ms Elizabeth Joseph
Director
25/04/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Fern Leaf Carehome Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12131460 . The registered office is 36 Bedford Road, Ilford, IG1 1EJ.
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:
Freehold recorded at cost
Fixtures & Fittings 20% Reducing Balance Method
2.4. Presentation Currency
The accounts are presented in £ Sterling.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 54 (2023: 78)
54 78
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 30 July 2023 595,154 30,125 625,279
Additions - 87,452 87,452
As at 29 July 2024 595,154 117,577 712,731
Depreciation
As at 30 July 2023 - 12,473 12,473
Provided during the period - 3,587 3,587
As at 29 July 2024 - 16,060 16,060
...CONTINUED
Page 2
Page 3
Net Book Value
As at 29 July 2024 595,154 101,517 696,671
As at 30 July 2023 595,154 17,652 612,806
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 27,982
Other debtors (1) 105,170 -
105,170 27,982
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 23,090 19,031
Corporation tax 62,391 -
Other taxes and social security 43,533 52,320
Other creditors 126,642 89,704
Accruals and deferred income 7,200 3,600
Directors' loan accounts 60,865 -
323,721 164,655
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 179,249 452,506
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 3