Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 13823728 Mrs Rhiannon Pearce Mrs Claire Woods iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13823728 2023-12-31 13823728 2024-12-31 13823728 2024-01-01 2024-12-31 13823728 frs-core:CurrentFinancialInstruments 2024-12-31 13823728 frs-core:BetweenOneFiveYears 2024-12-31 13823728 frs-core:ComputerEquipment 2024-12-31 13823728 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13823728 frs-core:ComputerEquipment 2023-12-31 13823728 frs-core:FurnitureFittings 2024-12-31 13823728 frs-core:FurnitureFittings 2024-01-01 2024-12-31 13823728 frs-core:FurnitureFittings 2023-12-31 13823728 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 13823728 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 13823728 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 13823728 frs-core:PlantMachinery 2024-01-01 2024-12-31 13823728 frs-core:WithinOneYear 2024-12-31 13823728 frs-core:ShareCapital 2024-12-31 13823728 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13823728 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13823728 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13823728 frs-bus:SmallEntities 2024-01-01 2024-12-31 13823728 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13823728 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13823728 frs-bus:Director1 2024-01-01 2024-12-31 13823728 frs-bus:Director2 2024-01-01 2024-12-31 13823728 frs-countries:EnglandWales 2024-01-01 2024-12-31 13823728 2022-12-31 13823728 2023-12-31 13823728 2023-01-01 2023-12-31 13823728 frs-core:CurrentFinancialInstruments 2023-12-31 13823728 frs-core:BetweenOneFiveYears 2023-12-31 13823728 frs-core:WithinOneYear 2023-12-31 13823728 frs-core:ShareCapital 2023-12-31 13823728 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13823728
1-2-1 Live In Care Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 13823728
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,937 10,822
7,937 10,822
CURRENT ASSETS
Debtors 5 143,898 93,253
Cash at bank and in hand 59,434 42,562
203,332 135,815
Creditors: Amounts Falling Due Within One Year 6 (65,191 ) (58,043 )
NET CURRENT ASSETS (LIABILITIES) 138,141 77,772
TOTAL ASSETS LESS CURRENT LIABILITIES 146,078 88,594
NET ASSETS 146,078 88,594
CAPITAL AND RESERVES
Called up share capital 100 99
Profit and Loss Account 145,978 88,495
SHAREHOLDERS' FUNDS 146,078 88,594
For the year ending 31 December 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
Mrs Claire Woods
Director
8 May 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
1-2-1 Live In Care Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13823728 . The registered office is Unit G11 Beech Business Park, Bristol Road, Bridgwater, TA6 4FF.
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:
Leasehold 33% straight line
Plant & Machinery 33% straight line
Fixtures & Fittings 25% reducing balance
Computer Equipment 33% straight line
2.4. 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.
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 41 (2023: 26)
41 26
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Page 3
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 5,101 5,228 2,679 13,008
Additions - - 984 984
As at 31 December 2024 5,101 5,228 3,663 13,992
Depreciation
As at 1 January 2024 842 313 1,031 2,186
Provided during the period 1,683 1,229 957 3,869
As at 31 December 2024 2,525 1,542 1,988 6,055
Net Book Value
As at 31 December 2024 2,576 3,686 1,675 7,937
As at 1 January 2024 4,259 4,915 1,648 10,822
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,682 8,330
Prepayments and accrued income 137,382 83,863
Other debtors 1,000 1,060
Net wages 1,834 -
143,898 93,253
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 252
Corporation tax 38,879 30,830
Other taxes and social security 20,715 18,337
Net wages - 2,716
Pension creditor 3,445 2,581
Accruals and deferred income 2,057 1,560
Directors' loan accounts 95 1,767
65,191 58,043
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Page 4
7. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 8,160 8,160
Later than one year and not later than five years 4,080 12,240
12,240 20,400
8. Related Party Transactions
During the year the directors made loans to the company. The loans are interest free and repayable on demand. At the balance sheet date, the amount due to the directors was £95 (2023: £1,767).
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