Company Registration No. 06387580 (England and Wales)
PHILIP PARKINSON HOMECARE LTD
Unaudited accounts
for the year ended 31 March 2020
PHILIP PARKINSON HOMECARE LTD
Unaudited accounts
Contents
PHILIP PARKINSON HOMECARE LTD
Company Information
for the year ended 31 March 2020
Directors
Julie Ann PARKINSON
Philip Douglas PARKINSON
Secretary
Julie Ann PARKINSON
Company Number
06387580 (England and Wales)
Registered Office
133 NEW BRIDGE STREET
NEWCASTLE UPON TYNE
TYNE AND WEAR
NE1 2SW
ENGLAND
Accountants
React Accountancy Limited
5th Floor St James House,
Pendleton Way
Salford, Manchester
M6 5FW
PHILIP PARKINSON HOMECARE LTD
Statement of financial position
as at
31 March 2020
Tangible assets
3,644
4,603
Cash at bank and in hand
17,379
2,032
Creditors: amounts falling due within one year
(109,327)
(207,905)
Net current assets
367,912
281,707
Total assets less current liabilities
371,556
286,310
Creditors: amounts falling due after more than one year
(127,497)
(207,106)
Net assets
244,059
79,204
Called up share capital
100
100
Profit and loss account
243,959
79,104
Shareholders' funds
244,059
79,204
For the year ending 31 March 2020 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 March 2021 and were signed on its behalf by
Philip Douglas PARKINSON
Director
Company Registration No. 06387580
PHILIP PARKINSON HOMECARE LTD
Notes to the Accounts
for the year ended 31 March 2020
PHILIP PARKINSON HOMECARE LTD is a private company, limited by shares, registered in England and Wales, registration number 06387580. The registered office is 133 NEW BRIDGE STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 2SW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
As at 31 March 2020, total amount of £216,309 are due from the following group undertakings:
1) An amount of £205,413 (£135,764:2019) is due from Windermere Consultants 2000 Ltd.
2) An amount of £3,260 (£3,260:2019) is due from P.D. Parkinson & Son Properties Limited.
As at 31 March 2020, total amount of £35,186 are due to the following group undertakings:
1) An amount of £3,685 (£3,785:2019) is due to Glendale Leisure Ltd.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
10% reducing balance
PHILIP PARKINSON HOMECARE LTD
Notes to the Accounts
for the year ended 31 March 2020
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2019
9,495
11,058
20,553
At 31 March 2020
9,495
11,058
20,553
At 1 April 2019
7,834
8,116
15,950
Charge for the year
294
665
959
At 31 March 2020
8,128
8,781
16,909
At 31 March 2020
1,367
2,277
3,644
At 31 March 2019
1,661
2,942
4,603
Trade debtors
7,248
7,248
Amounts due from group undertakings etc.
208,674
-
Other debtors
243,938
480,332
Total debtors less than one year
459,860
487,580
Total debtors
459,860
487,580
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
18,000
38,000
Trade creditors
2,398
2,451
Amounts owed to group undertakings and other participating interests
3,685
94,911
Taxes and social security
73,444
61,345
Other creditors
628
11,198
7
Creditors: amounts falling due after more than one year
2020
2019
Other creditors
-
140,129
Loans from directors
58,519
-
8
Average number of employees
During the year the average number of employees was 20 (2019: 20).