Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-312025-05-29falsefalse2023-09-01falseNo description of principal activity6346trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06904210 2023-09-01 2024-08-31 06904210 2022-09-01 2023-08-31 06904210 2024-08-31 06904210 2023-08-31 06904210 c:Director3 2023-09-01 2024-08-31 06904210 d:FurnitureFittings 2023-09-01 2024-08-31 06904210 d:FurnitureFittings 2024-08-31 06904210 d:FurnitureFittings 2023-08-31 06904210 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 06904210 d:ComputerEquipment 2023-09-01 2024-08-31 06904210 d:ComputerEquipment 2024-08-31 06904210 d:ComputerEquipment 2023-08-31 06904210 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 06904210 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 06904210 d:CurrentFinancialInstruments 2024-08-31 06904210 d:CurrentFinancialInstruments 2023-08-31 06904210 d:Non-currentFinancialInstruments 2024-08-31 06904210 d:Non-currentFinancialInstruments 2023-08-31 06904210 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 06904210 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 06904210 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 06904210 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 06904210 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-08-31 06904210 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-08-31 06904210 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-08-31 06904210 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-08-31 06904210 d:ShareCapital 2024-08-31 06904210 d:ShareCapital 2023-08-31 06904210 d:RetainedEarningsAccumulatedLosses 2024-08-31 06904210 d:RetainedEarningsAccumulatedLosses 2023-08-31 06904210 c:FRS102 2023-09-01 2024-08-31 06904210 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 06904210 c:FullAccounts 2023-09-01 2024-08-31 06904210 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 06904210 2 2023-09-01 2024-08-31 06904210 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 06904210









EASTERN COUNTY CARE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
EASTERN COUNTY CARE LIMITED
REGISTERED NUMBER: 06904210

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
59,900
53,683

  
59,900
53,683

Current assets
  

Debtors: amounts falling due within one year
 5 
2,137,054
1,413,499

Cash at bank and in hand
 6 
9,343
82,731

  
2,146,397
1,496,230

Creditors: amounts falling due within one year
 7 
(535,320)
(495,919)

Net current assets
  
 
 
1,611,077
 
 
1,000,311

Total assets less current liabilities
  
1,670,977
1,053,994

Creditors: amounts falling due after more than one year
 8 
(71,986)
-

  

Net assets
  
1,598,991
1,053,994


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
1,597,991
1,052,994

  
1,598,991
1,053,994


Page 1

 
EASTERN COUNTY CARE LIMITED
REGISTERED NUMBER: 06904210
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 May 2025.




P J Smith
Director

The notes on pages 3 to 11 form part of these financial statements.

Page 2

 
EASTERN COUNTY CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Eastern County Care Limited is a private company, limited by shares and incorporated in England and Wales, United Kingdom, with a registration number 06904210. The address of the registered office is Haslers, Old Station Road, Loughton, Essex, United Kingdom, IG10 4PL.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The financial statements are presented in pounds sterling which is the functional currency of the company, rounded to the nearest £.

The following principal accounting policies have been applied:

 
2.2

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.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 3

 
EASTERN COUNTY CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

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.

 
2.6

Pensions

Defined contribution pension plan

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.

 
2.7

Taxation

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.


 
2.8

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.

Page 4

 
EASTERN COUNTY CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

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
-
25%
Straight-line method
Computer equipment
-
33%
Straight-line method

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.

 
2.9

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.

 
2.10

Cash and cash equivalents

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.

 
2.11

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.

Page 5

 
EASTERN COUNTY CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.12

Financial instruments

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Impairment of financial assets

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Basic financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is
Page 6

 
EASTERN COUNTY CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)


2.12
Financial instruments (continued)

due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.


3.


Employees

The average monthly number of employees, including directors, during the year was 63 (2023 - 46).

Page 7

 
EASTERN COUNTY CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 September 2023
141,720
7,624
149,344


Additions
28,981
839
29,820



At 31 August 2024

170,701
8,463
179,164



Depreciation


At 1 September 2023
89,709
5,951
95,660


Charge for the year on owned assets
22,642
962
23,604



At 31 August 2024

112,351
6,913
119,264



Net book value



At 31 August 2024
58,350
1,550
59,900



At 31 August 2023
52,011
1,673
53,684

Page 8

 
EASTERN COUNTY CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Debtors

2024
2023
£
£


Trade debtors
212,077
203,800

Amounts owed by group undertakings
1,904,212
1,194,431

Other debtors
6,602
10,383

Prepayments and accrued income
14,163
4,885

2,137,054
1,413,499



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
9,343
82,731

9,343
82,731



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
39,511
-

Trade creditors
44,275
33,498

Amounts owed to group undertakings
293,902
356,116

Corporation tax
48,806
-

Other taxation and social security
35,415
29,589

Other creditors
14,121
15,982

Accruals and deferred income
59,290
60,734

535,320
495,919


Page 9

 
EASTERN COUNTY CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
71,986
-

71,986
-



9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
39,511
-


39,511
-

Amounts falling due 1-2 years

Bank loans
44,121
-


44,121
-

Amounts falling due 2-5 years

Bank loans
27,866
-


27,866
-


111,498
-


Page 10

 
EASTERN COUNTY CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

10.


Related party transactions

Information about related party transactions and outstanding balances is outlined below. 
During the year, the entity incurred a rental expense of £220000 (2023: £200,000) to other related parties.
At the year end, the following amounts were due from/(to) the relate parties:


2024
2023
£
£

Other related parties
1,610,313
838,315
1,610,313
838,315


11.


Controlling party

The ultimate parent company is Taylor Mormont Limited, a company registered in England and Wales.
The ultimate controlling party is The Smith Family.

Page 11