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Unaudited Financial Statements |
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for the Period 1 January 2020 to 31 March 2020 |
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for |
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H And K Oral Care Services Ltd |
REGISTERED NUMBER:
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Unaudited Financial Statements |
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for the Period 1 January 2020 to 31 March 2020 |
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for |
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H And K Oral Care Services Ltd |
H And K Oral Care Services Ltd (Registered number: 11734796) |
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Contents of the Financial Statements |
for the Period 1 January 2020 to 31 March 2020 |
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Company Information | 1 |
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Statement of Financial Position | 2 |
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Notes to the Financial Statements | 4 |
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H And K Oral Care Services Ltd |
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Company Information |
for the Period 1 January 2020 to 31 March 2020 |
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DIRECTORS: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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H And K Oral Care Services Ltd (Registered number: 11734796) |
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Statement of Financial Position |
31 March 2020 |
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2020 | 2019 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
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CURRENT ASSETS |
Debtors | 6 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 7 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital |
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Retained earnings |
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The directors acknowledge their responsibilities for: |
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ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company
as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
H And K Oral Care Services Ltd (Registered number: 11734796) |
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Statement of Financial Position - continued |
31 March 2020 |
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In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
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The financial statements were approved by the Board of Directors and authorised for issue on
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H And K Oral Care Services Ltd (Registered number: 11734796) |
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Notes to the Financial Statements |
for the Period 1 January 2020 to 31 March 2020 |
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1. | STATUTORY INFORMATION |
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H And K Oral Care Services Ltd is a
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Wales. The company's registered number and registered office address can be found on the |
Company Information page. |
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2. | STATEMENT OF COMPLIANCE |
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3. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
The financial statements cover the company as an individual entity, have been prepared under the |
historical cost convention and are presented in Pounds Sterling (£) being the functional currency. |
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The financial statements have been prepared on the assumption that the company is able to carry |
on business as a going concern, which the directors consider appropriate having regard to the |
company's current and expected performance. Particular consideration has been given to the impact |
of the Coronavirus on the company's ability to operate for the foreseeable future. |
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In arriving at this assessment of the going concern status of the company the directors have made |
key judgements about the ongoing availability of the Government's Job Retention Scheme, the |
ability of the company to agree deferred payment terms on HMRC debts and the returning level of |
demand for the services provided by the company. |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, after discounts, |
returns and rebates, excluding value added tax and other sales taxes. |
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Rendering of services |
Turnover from a contract to provide services of oral and dental care is recognised in the period in |
which the services are provided in accordance with the stage of completion of the contract and |
when all of the following conditions are satisfied: |
- | the amount of turnover can be measured reliably; |
- | it is probable that the company will received the consideration due under the contract; |
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the stage of completion of the contract at the end of the reporting period can be measured
reliably; and |
- | the costs incurred and the costs to complete the contract can be measured reliably. |
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Usually, turnover from the sale of services is recognised over the period in which the contract is in |
force |
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Tangible fixed assets |
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Plant and machinery | - |
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Fixtures and fittings | - |
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Computer equipment | - |
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Tangible fixed assets held for the company's own use are stated at cost less accumulated |
depreciation and accumulated impairment losses. |
H And K Oral Care Services Ltd (Registered number: 11734796) |
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Notes to the Financial Statements - continued |
for the Period 1 January 2020 to 31 March 2020 |
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3. | ACCOUNTING POLICIES - continued |
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Financial instruments |
Basic financial assets and liabilities are initially measured at transaction price, unless the |
arrangement constitutes a financing transaction, where the debt instrument is measured at the |
present value of future cash flows discounted at a market rate of interest. Debt instruments are |
subsequently carried at amortised cost, using the effective interest rate method. |
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Taxation |
Taxation for the period comprises current and deferred tax, if applicable. Tax is recognised in the |
Statement of Income and Retained Earnings, except to the extent that it relates to items recognised |
in other comprehensive income or directly in equity. |
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Current or deferred taxation assets and liabilities are not discounted. |
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Current tax is recognised at the amount of tax payable using the tax rates and laws that have been |
enacted or substantively enacted by the statement of financial position date. |
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4. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the period was
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5. | TANGIBLE FIXED ASSETS |
Fixtures |
Plant and | and | Computer |
machinery | fittings | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1 January 2020 |
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Additions |
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At 31 March 2020 |
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DEPRECIATION |
At 1 January 2020 |
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Charge for period |
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At 31 March 2020 |
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NET BOOK VALUE |
At 31 March 2020 |
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At 31 December 2019 |
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6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2020 | 2019 |
£ | £ |
Trade debtors |
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Other debtors |
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H And K Oral Care Services Ltd (Registered number: 11734796) |
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Notes to the Financial Statements - continued |
for the Period 1 January 2020 to 31 March 2020 |
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7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2020 | 2019 |
£ | £ |
Trade creditors |
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Taxation and social security |
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Other creditors |
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8. | POST BALANCE SHEET EVENTS |
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In March 2020 the UK was impacted by the outbreak of the Coronavirus. In order to manage the |
spread of the virus the Government has imposed significant restrictions on the movement of people |
and the ability of businesses to continue to trade. This event did not occur during the company's |
reporting period and so is not considered to be an adjusting event, and there has been no |
significant impact on the results to March 2020. The Coronavirus has resulted in a severe |
contraction of the UK economy and the imposition of social distancing rules has meant that demand |
for the company's services has completely ceased. The financial impact on the company is that no |
sales income is envisaged for a period of at least three months. |
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The directors are not able to make a reliable estimate of the financial impact of the Coronavirus |
outbreak in the year ended 31 March 2021. |