Company Registration No. 10607762 (England and Wales)
P&C Medical Ltd
Unaudited accounts
for the year ended 28 February 2023
P&C Medical Ltd
Unaudited accounts
Contents
P&C Medical Ltd
Company Information
for the year ended 28 February 2023
Directors
Mr Pavi Agrawal
Miss Caoimhe Kenny
Company Number
10607762 (England and Wales)
Registered Office
35 Gripps Common
Cotgrave
Nottingham
NG12 3TF
Accountants
Net Accountancy Solutions Limited
35 Gripps Common
Cotgrave
Nottingham
Nottinghamshire
NG12 3TF
P&C Medical Ltd
Statement of financial position
as at 28 February 2023
Tangible assets
9,620
9,515
Cash at bank and in hand
31,353
85,586
Creditors: amounts falling due within one year
(7,822)
(25,768)
Net current assets
23,531
66,943
Called up share capital
100
100
Profit and loss account
33,051
76,358
Shareholders' funds
33,151
76,458
For the year ending 28 February 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 10 October 2023 and were signed on its behalf by
Mr Pavi Agrawal
Director
Company Registration No. 10607762
P&C Medical Ltd
Notes to the Accounts
for the year ended 28 February 2023
P&C Medical Ltd is a private company, limited by shares, registered in England and Wales, registration number 10607762. The registered office is 35 Gripps Common, Cotgrave, Nottingham, NG12 3TF.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised once those services have been performed.
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:
Fixtures & fittings
33.33% straight line
4
Tangible fixed assets
Fixtures & fittings
At 28 February 2023
27,037
At 28 February 2023
17,417
P&C Medical Ltd
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
Accrued income and prepayments
-
7,125
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
22,556
22,198
Loans from directors
(16,318)
1,986
7
Transactions with related parties
At the end of the year the directors owed the company £16,318 (2022: the company owed the directors £1,986). This amount was repaid within 9 months of the year end.
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).