Company Registration No. 06387580 (England and Wales)
PHILIP PARKINSON HOMECARE LTD
Unaudited accounts
for the year ended 31 March 2023
PHILIP PARKINSON HOMECARE LTD
Unaudited accounts
Contents
PHILIP PARKINSON HOMECARE LTD
Company Information
for the year ended 31 March 2023
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 2023
Tangible assets
15,047
20,063
Cash at bank and in hand
13,559
36,180
Creditors: amounts falling due within one year
(99,995)
(78,103)
Net current assets
315,025
339,574
Total assets less current liabilities
330,072
359,637
Creditors: amounts falling due after more than one year
(22,644)
(51,473)
Net assets
307,428
308,164
Called up share capital
100
100
Profit and loss account
307,328
308,064
Shareholders' funds
307,428
308,164
For the year ending 31 March 2023 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 5 November 2023 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 2023
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.
PHILIP PARKINSON HOMECARE LTD
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
40,420
11,058
824
52,302
At 31 March 2023
40,420
11,058
824
52,302
At 1 April 2022
22,464
9,569
206
32,239
Charge for the year
4,489
372
155
5,016
At 31 March 2023
26,953
9,941
361
37,255
At 31 March 2023
13,467
1,117
463
15,047
At 31 March 2022
17,956
1,489
618
20,063
Amounts falling due within one year
Other debtors
181,666
164,255
Amounts falling due after more than one year
Amounts due from group undertakings etc.
219,795
215,722
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,021
25,436
Obligations under finance leases and hire purchase contracts
5,235
5,758
Trade creditors
39,152
2,312
Taxes and social security
39,109
41,597
Loans from directors
2,047
-
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
5,235
Amounts owed to group undertakings and other participating interests
61
16,572
PHILIP PARKINSON HOMECARE LTD
Notes to the Accounts
for the year ended 31 March 2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loans made and not repaid during the period
19,746
-
19,746
-
9
Transactions with related parties
Included within other creditors is a directors’ current account balance of £2,047. There are no fixed repayment terms and no interest is chargeable to the company in respect of this balance.
10
Average number of employees
During the year the average number of employees was 17 (2022: 15).