Company Registration No. 06387580 (England and Wales)
PHILIP PARKINSON HOMECARE LTD
Unaudited accounts
for the year ended 31 March 2022
PHILIP PARKINSON HOMECARE LTD
Unaudited accounts
Contents
PHILIP PARKINSON HOMECARE LTD
Company Information
for the year ended 31 March 2022
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
The Accountants & Management Consultants Ltd
6 Frome Drive, Crumpsall
Manchester
M8 0GA
PHILIP PARKINSON HOMECARE LTD
Statement of financial position
as at
31 March 2022
Tangible assets
20,063
25,927
Cash at bank and in hand
36,180
139,058
Creditors: amounts falling due within one year
(78,101)
(115,972)
Net current assets
339,574
402,059
Total assets less current liabilities
359,637
427,986
Creditors: amounts falling due after more than one year
(51,473)
(120,125)
Net assets
308,164
307,861
Called up share capital
100
100
Profit and loss account
308,064
307,761
Shareholders' funds
308,164
307,861
For the year ending 31 March 2022 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 23 December 2022 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 2022
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.
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
25% reducing balance
Computer equipment
25% reducing balance
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The accounts contains the following bad debts written off relating to other limited company's loan.
1) WINDERMERE CONSULTANTS (2000) LIMITED : £32,500
2) Canterall Ltd : £14,939
Total loan written off : £47,439
PHILIP PARKINSON HOMECARE LTD
Notes to the Accounts
for the year ended 31 March 2022
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2021
40,420
11,058
-
51,478
At 31 March 2022
40,420
11,058
824
52,302
At 1 April 2021
16,479
9,072
-
25,551
Charge for the year
5,985
497
206
6,688
At 31 March 2022
22,464
9,569
206
32,239
At 31 March 2022
17,956
1,489
618
20,063
At 31 March 2021
23,941
1,986
-
25,927
Amounts falling due within one year
Amounts due from group undertakings etc.
-
249,528
Other debtors
164,253
129,445
Amounts falling due after more than one year
Amounts due from group undertakings etc.
215,722
-
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
25,436
18,000
Obligations under finance leases and hire purchase contracts
5,758
5,935
Amounts owed to group undertakings and other participating interests
-
3,215
Taxes and social security
41,597
85,822
7
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
29,666
108,378
Obligations under finance leases and hire purchase contracts
5,235
11,747
Amounts owed to group undertakings and other participating interests
16,572
-
PHILIP PARKINSON HOMECARE LTD
Notes to the Accounts
for the year ended 31 March 2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loans made and not repaid during the period
-
19,746
-
19,746
Tax payable £6,417.45 on loans to participators has been applied.
9
Transactions with related parties
Group undertakings:
As at 31 March 2022, total amount of £215,722 (£249,528:2021) are due from the following group undertakings:
1) An amount of £215,722 (£233,000:2021) is due from Windermere Consultants 2000 Ltd.
2) An amount of £nil (£10,453:2021) is due from P.D. Parkinson & Son Properties Ltd.
3) An amount of £nil (£6,075:2021) is due from Canterall Ltd.
The above loans are interest free with no fixed date of repayment.
As at 31 March 2022, total amount of £16,572 (3,215:2021) are due to the following group undertakings:
1) An amount of £nil (£3,215:2021) is due to Glendale Leisure Ltd.
2) An amount of £16,572 (£nil:2021) is due to P.D. Parkinson & Son Properties Ltd.
Note: The above loans are interest free with no fixed date of repayment.
10
Average number of employees
During the year the average number of employees was 15 (2021: 20).