Acorah Software Products - Accounts Production 16.4.675 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 11309937 Mr Thomas Cartwright Mr Christopher Purcell Dr Richard Purcell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11309937 2024-04-30 11309937 2025-04-30 11309937 2024-05-01 2025-04-30 11309937 frs-core:CurrentFinancialInstruments 2025-04-30 11309937 frs-core:Non-currentFinancialInstruments 2025-04-30 11309937 frs-core:ComputerEquipment 2025-04-30 11309937 frs-core:ComputerEquipment 2024-05-01 2025-04-30 11309937 frs-core:ComputerEquipment 2024-04-30 11309937 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-04-30 11309937 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-05-01 2025-04-30 11309937 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-30 11309937 frs-core:FurnitureFittings 2025-04-30 11309937 frs-core:FurnitureFittings 2024-05-01 2025-04-30 11309937 frs-core:FurnitureFittings 2024-04-30 11309937 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-30 11309937 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-01 2025-04-30 11309937 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 11309937 frs-core:ShareCapital 2025-04-30 11309937 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 11309937 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 11309937 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 11309937 frs-bus:SmallEntities 2024-05-01 2025-04-30 11309937 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 11309937 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 11309937 frs-bus:Director1 2024-05-01 2025-04-30 11309937 frs-bus:Director2 2024-05-01 2025-04-30 11309937 frs-bus:Director3 2024-05-01 2025-04-30 11309937 frs-countries:EnglandWales 2024-05-01 2025-04-30 11309937 2023-04-30 11309937 2024-04-30 11309937 2023-05-01 2024-04-30 11309937 frs-core:CurrentFinancialInstruments 2024-04-30 11309937 frs-core:Non-currentFinancialInstruments 2024-04-30 11309937 frs-core:ShareCapital 2024-04-30 11309937 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 11309937
Carescribe Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11309937
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 121,942 325,046
Tangible Assets 5 42,741 56,742
164,683 381,788
CURRENT ASSETS
Debtors 6 403,909 262,398
Cash at bank and in hand 4,826,840 2,352,890
5,230,749 2,615,288
Creditors: Amounts Falling Due Within One Year 7 (3,935,267 ) (2,128,429 )
NET CURRENT ASSETS (LIABILITIES) 1,295,482 486,859
TOTAL ASSETS LESS CURRENT LIABILITIES 1,460,165 868,647
Creditors: Amounts Falling Due After More Than One Year 8 (3,582,130 ) (2,417,369 )
NET LIABILITIES (2,121,965 ) (1,548,722 )
CAPITAL AND RESERVES
Called up share capital 9 200 200
Profit and Loss Account (2,122,165 ) (1,548,922 )
SHAREHOLDERS' FUNDS (2,121,965) (1,548,722)
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For the year ending 30 April 2025 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
Dr Richard Purcell
Director
29 July 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Carescribe Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11309937 . The registered office is The Mezzanine, 1 The Square, Bristol, BS1 6DG.
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. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight line basis over their expected useful economic lives of 3 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
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:
Leasehold 20% Straight Line
Fixtures & Fittings 33% Straight Line
Computer Equipment 33% Straight Line
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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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.
3. Average Number of Employees
Average number of employees, including directors, during the year was 42 (2024: 36)
42 36
4. Intangible Assets
Development Costs
£
Cost
As at 1 May 2024 1,312,834
Additions 64,177
As at 30 April 2025 1,377,011
Amortisation
As at 1 May 2024 987,788
Provided during the period 267,281
As at 30 April 2025 1,255,069
Net Book Value
As at 30 April 2025 121,942
As at 1 May 2024 325,046
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5. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2024 13,944 24,169 70,368 108,481
Additions - 1,363 16,920 18,283
As at 30 April 2025 13,944 25,532 87,288 126,764
Depreciation
As at 1 May 2024 3,332 11,145 37,262 51,739
Provided during the period 2,789 8,131 21,364 32,284
As at 30 April 2025 6,121 19,276 58,626 84,023
Net Book Value
As at 30 April 2025 7,823 6,256 28,662 42,741
As at 1 May 2024 10,612 13,024 33,106 56,742
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 255,297 216,649
Other debtors 148,612 45,749
403,909 262,398
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 102,915 27,619
Other creditors 3,411,724 1,939,417
Taxation and social security 420,628 161,393
3,935,267 2,128,429
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 3,582,130 2,417,369
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 200 200
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