Company Registration No. 06387580 (England and Wales)
PHILIP PARKINSON HOMECARE LTD
Unaudited accounts
for the year ended 31 March 2021
PHILIP PARKINSON HOMECARE LTD
Unaudited accounts
Contents
PHILIP PARKINSON HOMECARE LTD
Statement of financial position
as at
31 March 2021
Tangible assets
25,927
3,644
Cash at bank and in hand
139,058
17,380
Creditors: amounts falling due within one year
(115,972)
(109,327)
Net current assets
524,523
367,912
Total assets less current liabilities
550,450
371,556
Creditors: amounts falling due after more than one year
(120,125)
(127,497)
Net assets
430,325
244,059
Called up share capital
100
100
Profit and loss account
430,225
243,959
Shareholders' funds
430,325
244,059
For the year ending 31 March 2021 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 16 July 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 2021
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.
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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
10% reducing balance
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2020
9,495
11,058
20,553
Additions
30,925
-
30,925
At 31 March 2021
40,420
11,058
51,478
At 1 April 2020
8,499
8,410
16,909
Charge for the year
7,980
662
8,642
At 31 March 2021
16,479
9,072
25,551
At 31 March 2021
23,941
1,986
25,927
At 31 March 2020
996
2,648
3,644
PHILIP PARKINSON HOMECARE LTD
Notes to the Accounts
for the year ended 31 March 2021
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Debtors: amounts falling due within one year
2021
2020
Amounts due from group undertakings etc.
249,528
208,674
Other debtors
251,909
243,937
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Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
18,000
18,000
Obligations under finance leases and hire purchase contracts
5,935
-
Amounts owed to group undertakings and other participating interests
3,215
3,685
Taxes and social security
85,822
73,443
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Creditors: amounts falling due after more than one year
2021
2020
Bank loans
108,378
68,978
Obligations under finance leases and hire purchase contracts
11,747
-
Loans from directors
-
58,519
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Transactions with related parties
Group undertakings:
As at 31 March 2021, total amount of £249,528 (£208,673:2020) are due from the following group undertakings:
1) An amount of £233,000 (£205,413:2020) is due from Windermere Consultants 2000 Ltd.
2) An amount of £10,453 (£3,260:2020) is due from P.D. Parkinson & Son Properties Limited.
3) An amount of £6,075 (£nil:2020) is due from Canterall LTD.
As at 31 March 2021, total amount of £3,215 (3,685:2020) are due to the following group undertakings:
1) An amount of £3,215 (£3,685:2020) is due to Glendale Leisure Ltd.
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Average number of employees
During the year the average number of employees was 20 (2020: 20).