Acorah Software Products - Accounts Production 16.4.675 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 04677752 Ms Saleema Panjwani Mr Sirajali Gulamhussain PANJWANI Mr Sirajali Gulamhussain PANJWANI iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04677752 2023-11-30 04677752 2024-11-30 04677752 2023-12-01 2024-11-30 04677752 frs-core:CurrentFinancialInstruments 2024-11-30 04677752 frs-core:Non-currentFinancialInstruments 2024-11-30 04677752 frs-core:FurnitureFittings 2024-11-30 04677752 frs-core:FurnitureFittings 2023-12-01 2024-11-30 04677752 frs-core:FurnitureFittings 2023-11-30 04677752 frs-core:NetGoodwill 2024-11-30 04677752 frs-core:NetGoodwill 2023-12-01 2024-11-30 04677752 frs-core:NetGoodwill 2023-11-30 04677752 frs-core:MotorVehicles 2024-11-30 04677752 frs-core:MotorVehicles 2023-12-01 2024-11-30 04677752 frs-core:MotorVehicles 2023-11-30 04677752 frs-core:ShareCapital 2024-11-30 04677752 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 04677752 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 04677752 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 04677752 frs-bus:SmallEntities 2023-12-01 2024-11-30 04677752 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 04677752 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 04677752 frs-bus:Director1 2023-12-01 2024-11-30 04677752 frs-bus:Director2 2023-12-01 2024-11-30 04677752 frs-bus:CompanySecretary1 2023-12-01 2024-11-30 04677752 frs-countries:EnglandWales 2023-12-01 2024-11-30 04677752 2022-11-30 04677752 2023-11-30 04677752 2022-12-01 2023-11-30 04677752 frs-core:CurrentFinancialInstruments 2023-11-30 04677752 frs-core:Non-currentFinancialInstruments 2023-11-30 04677752 frs-core:ShareCapital 2023-11-30 04677752 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 04677752
Fairhaven Care Home Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
TaxAssist Puney & Barnes
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04677752
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 36,114 61,114
Tangible Assets 5 182,443 228,054
218,557 289,168
CURRENT ASSETS
Debtors 6 126,289 418,321
Cash at bank and in hand 105,541 2,566
231,830 420,887
Creditors: Amounts Falling Due Within One Year 7 (383,047 ) (618,297 )
NET CURRENT ASSETS (LIABILITIES) (151,217 ) (197,410 )
TOTAL ASSETS LESS CURRENT LIABILITIES 67,340 91,758
Creditors: Amounts Falling Due After More Than One Year 8 (39,596 ) (19,527 )
NET ASSETS 27,744 72,231
CAPITAL AND RESERVES
Called up share capital 1 1
Profit and Loss Account 27,743 72,230
SHAREHOLDERS' FUNDS 27,744 72,231
Page 1
Page 2
For the year ending 30 November 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
Mr Sirajali Gulamhussain PANJWANI
Director
18/08/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Fairhaven Care Home Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04677752 . The registered office is Unit16, First Floor,Princeton Mews, 167-169 London Road, Kingston Upon Thames, Surrey, KT2 6PT.
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 - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and accumulated amortisation.
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:
Motor Vehicles 20% Reducing Balance Method
Fixtures & Fittings 20% Reducing Balance Method
2.5. 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 39 (2023: 39)
39 39
4. Intangible Assets
Goodwill
£
Cost
As at 1 December 2023 125,000
As at 30 November 2024 125,000
Amortisation
As at 1 December 2023 63,886
Provided during the period 25,000
As at 30 November 2024 88,886
Net Book Value
As at 30 November 2024 36,114
As at 1 December 2023 61,114
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 December 2023 10,126 403,289 413,415
As at 30 November 2024 10,126 403,289 413,415
Depreciation
As at 1 December 2023 8,282 177,079 185,361
Provided during the period 369 45,242 45,611
As at 30 November 2024 8,651 222,321 230,972
Net Book Value
As at 30 November 2024 1,475 180,968 182,443
As at 1 December 2023 1,844 226,210 228,054
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 52,295 53,291
Amounts owed by group undertakings - 356,714
Other debtors 73,994 8,316
126,289 418,321
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 31,959 78,703
Bank loans and overdrafts 30,000 180,034
Amounts owed to group undertakings 173,400 180,500
Other creditors 93,308 55,381
Taxation and social security 54,380 123,679
383,047 618,297
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 17,500 19,527
Taxation and social security 22,096 -
39,596 19,527
Page 5