Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 November 2022 false 1 January 2024 31 December 2024 31 December 2024 03522826 Mr Uday Kalangi true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03522826 2023-12-31 03522826 2024-12-31 03522826 2024-01-01 2024-12-31 03522826 frs-core:CurrentFinancialInstruments 2024-12-31 03522826 frs-core:Non-currentFinancialInstruments 2024-12-31 03522826 frs-core:ComputerEquipment 2024-12-31 03522826 frs-core:ComputerEquipment 2024-01-01 2024-12-31 03522826 frs-core:ComputerEquipment 2023-12-31 03522826 frs-core:FurnitureFittings 2024-12-31 03522826 frs-core:FurnitureFittings 2024-01-01 2024-12-31 03522826 frs-core:FurnitureFittings 2023-12-31 03522826 frs-core:NetGoodwill 2024-12-31 03522826 frs-core:NetGoodwill 2024-01-01 2024-12-31 03522826 frs-core:NetGoodwill 2023-12-31 03522826 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 03522826 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03522826 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 03522826 frs-core:MotorVehicles 2024-12-31 03522826 frs-core:MotorVehicles 2024-01-01 2024-12-31 03522826 frs-core:MotorVehicles 2023-12-31 03522826 frs-core:PlantMachinery 2024-12-31 03522826 frs-core:PlantMachinery 2024-01-01 2024-12-31 03522826 frs-core:PlantMachinery 2023-12-31 03522826 frs-core:RevaluationReserve 2023-12-31 03522826 frs-core:RevaluationReserve 2024-12-31 03522826 frs-core:ShareCapital 2024-12-31 03522826 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 03522826 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03522826 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 03522826 frs-bus:SmallEntities 2024-01-01 2024-12-31 03522826 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03522826 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03522826 1 2024-01-01 2024-12-31 03522826 frs-core:UnlistedNon-exchangeTraded 2024-12-31 03522826 frs-core:UnlistedNon-exchangeTraded 2023-12-31 03522826 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 03522826 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 03522826 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 03522826 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 03522826 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 03522826 frs-bus:Director1 2024-01-01 2024-12-31 03522826 frs-core:CurrentFinancialInstruments 1 2024-12-31 03522826 frs-core:CurrentFinancialInstruments 2 2024-12-31 03522826 frs-countries:EnglandWales 2024-01-01 2024-12-31 03522826 2022-10-31 03522826 2023-12-31 03522826 2022-11-01 2023-12-31 03522826 frs-core:CurrentFinancialInstruments 2023-12-31 03522826 frs-core:Non-currentFinancialInstruments 2023-12-31 03522826 frs-core:RevaluationReserve 2023-12-31 03522826 frs-core:ShareCapital 2023-12-31 03522826 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 03522826 frs-core:CurrentFinancialInstruments 1 2023-12-31 03522826 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: 03522826
THE ELMS CARE CENTRE LIMITED
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03522826
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 30,750 35,250
Tangible Assets 5 1,354,337 1,362,963
Investments 6 1,511,750 1,273,650
2,896,837 2,671,863
CURRENT ASSETS
Stocks 7 5,000 5,000
Debtors 8 167,802 85,548
Cash at bank and in hand 9,753 36,317
182,555 126,865
Creditors: Amounts Falling Due Within One Year 9 (394,390 ) (348,710 )
NET CURRENT ASSETS (LIABILITIES) (211,835 ) (221,845 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,685,002 2,450,018
Creditors: Amounts Falling Due After More Than One Year 10 (836,402 ) (850,534 )
NET ASSETS 1,848,600 1,599,484
CAPITAL AND RESERVES
Called up share capital 11 100 100
Revaluation reserve 12 203,465 203,465
Profit and Loss Account 1,645,035 1,395,919
SHAREHOLDERS' FUNDS 1,848,600 1,599,484
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
Mr Uday Kalangi
Director
14/03/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
THE ELMS CARE CENTRE LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 03522826 . The registered office is 108 Grenfell Avenue, Saltash, Cornwall, PL12 4JE.
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. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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 - Goodwill
Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.
2.4. 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 0%
Plant & Machinery 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 20% Straight Line
Computer Equipment 33% 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
31 December 2024 31 December 2023
Office and administration 58 58
58 58
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Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 90,000
As at 31 December 2024 90,000
Amortisation
As at 1 January 2024 54,750
Provided during the period 4,500
As at 31 December 2024 59,250
Net Book Value
As at 31 December 2024 30,750
As at 1 January 2024 35,250
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost or Valuation
As at 1 January 2024 1,325,000 248,411 15,350 37,410
Additions - - - -
As at 31 December 2024 1,325,000 248,411 15,350 37,410
Depreciation
As at 1 January 2024 - 219,873 10,176 35,077
Provided during the period - 5,708 1,035 1,048
As at 31 December 2024 - 225,581 11,211 36,125
Net Book Value
As at 31 December 2024 1,325,000 22,830 4,139 1,285
As at 1 January 2024 1,325,000 28,538 5,174 2,333
Computer Equipment Total
£ £
Cost or Valuation
As at 1 January 2024 3,959 1,630,130
Additions 179 179
As at 31 December 2024 4,138 1,630,309
Depreciation
As at 1 January 2024 2,041 267,167
Provided during the period 1,014 8,805
As at 31 December 2024 3,055 275,972
...CONTINUED
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Page 5
Net Book Value
As at 31 December 2024 1,083 1,354,337
As at 1 January 2024 1,918 1,362,963
6. Investments
Unlisted
£
Cost
As at 1 January 2024 1,273,650
Additions 238,100
As at 31 December 2024 1,511,750
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 1,511,750
As at 1 January 2024 1,273,650
The company holds share capital of IHYBRID LIMITED a company incorporated in the England and Wales. The principal activity of the company is, Business and domestic software development.
7. Stocks
31 December 2024 31 December 2023
£ £
Materials 5,000 5,000
8. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Trade debtors 51,002 75,948
Prepayments and accrued income 90,000 -
Other debtors 26,800 9,600
167,802 85,548
Page 5
Page 6
9. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Bank loans and overdrafts 20,925 -
Corporation tax 118,979 125,804
Other taxes and social security 68,485 64,616
Net wages 23,785 23,785
Other creditors 20 -
Bank Loan (Current liabilities - creditors < 1 year) 83,309 83,283
Pensions payable 8,751 3,804
Accruals and deferred income 70,136 47,418
394,390 348,710
10. Creditors: Amounts Falling Due After More Than One Year
31 December 2024 31 December 2023
£ £
Bank loans 836,402 850,534
11. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 100 100
12. Reserves
Revaluation Reserve
£
As at 1 January 2024 203,465
As at 31 December 2024 203,465
13. Related Party Transactions
During the Period dividends of £94,697 were paid to "Aplomb Care Ltd".
As at the balance sheet date, the company owed from Aplomb Care Limited loan of £1,000 (2023: £1,000). Uday Kalangi is also the director of the Aplomb Care Limited.
As at the balance sheet date, the company owed from Maiva Corporation Limited loan of £19,300 (2023: £8,600). Uday Kalangi is also the director of the Maiva Corporation Limited
As at the balance sheet date, the company owed from Serene Valley Care Ltd  loan of £6,500 (2023: Nil). Uday Kalangi is also the director of the Serene Valley Care Ltd
14. Ultimate Controlling Party
The company's ultimate controlling party is Aplomb Care Ltd by virtue of his ownership of 100% of the issued share capital in the company.
Page 6