Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 06670962 Dr Ken Laji Mr Christopher Mitchell Mr Mark Easton Dr Guy Slater false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06670962 2023-08-31 06670962 2024-08-31 06670962 2023-09-01 2024-08-31 06670962 frs-core:CurrentFinancialInstruments 2024-08-31 06670962 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-08-31 06670962 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-01 2024-08-31 06670962 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-08-31 06670962 frs-core:FurnitureFittings 2024-08-31 06670962 frs-core:FurnitureFittings 2023-09-01 2024-08-31 06670962 frs-core:FurnitureFittings 2023-08-31 06670962 frs-core:OtherResidualIntangibleAssets 2024-08-31 06670962 frs-core:OtherResidualIntangibleAssets 2023-09-01 2024-08-31 06670962 frs-core:OtherResidualIntangibleAssets 2023-08-31 06670962 frs-core:SharePremium 2024-08-31 06670962 frs-core:ShareCapital 2024-08-31 06670962 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 06670962 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 06670962 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 06670962 frs-bus:SmallEntities 2023-09-01 2024-08-31 06670962 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 06670962 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 06670962 1 2023-09-01 2024-08-31 06670962 frs-bus:Director1 2023-09-01 2024-08-31 06670962 frs-bus:Director2 2023-09-01 2024-08-31 06670962 frs-bus:Director3 2023-09-01 2024-08-31 06670962 frs-bus:Director4 2023-09-01 2024-08-31 06670962 frs-countries:EnglandWales 2023-09-01 2024-08-31 06670962 2022-08-31 06670962 2023-08-31 06670962 2022-09-01 2023-08-31 06670962 frs-core:CurrentFinancialInstruments 2023-08-31 06670962 frs-core:SharePremium 2023-08-31 06670962 frs-core:ShareCapital 2023-08-31 06670962 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 06670962
ClinicYou Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
TaxAssist Accountant
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—4
Page 1
Statement of Financial Position
Registered number: 06670962
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,074 2,827
Tangible Assets 5 899 1,164
1,973 3,991
CURRENT ASSETS
Cash at bank and in hand 38,266 27,838
38,266 27,838
Creditors: Amounts Falling Due Within One Year 6 (46,143 ) (45,995 )
NET CURRENT ASSETS (LIABILITIES) (7,877 ) (18,157 )
TOTAL ASSETS LESS CURRENT LIABILITIES (5,904 ) (14,166 )
NET LIABILITIES (5,904 ) (14,166 )
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Share premium account 24,010 24,010
Income Statement (30,914 ) (39,176 )
SHAREHOLDERS' FUNDS (5,904) (14,166)
For the year ending 31 August 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
Dr Ken Laji
Director
16/05/2025
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
ClinicYou Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06670962 . The registered office is Taxassist Accountants, 113 South Road, Haywards Heath, RH16 4LR.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Development costs - 10% straight line
Trademarks - 10% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
2.4. Research and Development
Research expenditure is written off in the year in which it is incurred.
Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met:
• It is technically feasible to complete the intangible asset so that it will be available for use or sale;
• There is the intention to complete the intangible asset and use or sell it;
• There is the ability to use or sell the intangible asset;
• The use or sale of the intangible asset will generate probable future economic benefits;
• There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and
• The expenditure attributable to the intangible asset during its development can be measured reliably.
Expenditure that does not meet the above criteria is expensed as incurred.
2.5. 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:
Fixtures & Fittings 20% reducing balance
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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 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.7. Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Trademarks Development Costs Total
£ £ £
Cost
As at 1 September 2023 200 90,576 90,776
As at 31 August 2024 200 90,576 90,776
Amortisation
As at 1 September 2023 200 87,749 87,949
Provided during the period - 1,753 1,753
As at 31 August 2024 200 89,502 89,702
Net Book Value
As at 31 August 2024 - 1,074 1,074
As at 1 September 2023 - 2,827 2,827
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Page 4
5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 September 2023 2,224
As at 31 August 2024 2,224
Depreciation
As at 1 September 2023 1,060
Provided during the period 265
As at 31 August 2024 1,325
Net Book Value
As at 31 August 2024 899
As at 1 September 2023 1,164
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
Bank loans and overdrafts 2,000 2,000
Other creditors 41,620 41,620
Taxation and social security 2,524 2,375
46,143 45,995
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
8. Controlling Party
The company is under the control of Dr K Laji.
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