MY PERSONAL CARE LTD

Company Registration Number:
08345587 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

MY PERSONAL CARE LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 13

MY PERSONAL CARE LTD

Company Information

for the Period Ended 31 January 2023




Director: Sehliselo Msipha
Registered office: 24
Dominion Avenue
Leeds
LS7 4NN
Company Registration Number: 08345587 (England and Wales)

MY PERSONAL CARE LTD

Directors' Report Period Ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Principal Activities

My Personal Care Limited principal activity during the period ending 31 January 2023 was providing domicile health care services.

Political and charitable donations

The company made neither charitable nor political donations during the period.

Company policy on the employment of disabled persons

My Personal Care ltd is an equal opportunities employer and is fully committed to a policy of treating all its employees and job applicantsequally, regardless of whether or not they have a disability. Discrimination against disabled people is unlawful under Disability DiscriminationAct 1995.

Directors

The directors shown below have held office during the whole of the period from 01 February 2022 to 31 January 2023
Sehliselo Msipha

This report was approved by the board of directors on 13 October 2023
And Signed On Behalf Of The Board By:

Name: Sehliselo Msipha
Status: Director

MY PERSONAL CARE LTD

Profit and Loss Account

for the Period Ended 31 January 2023


Notes

2023
£

2022
£
Turnover 40,153 61,174
Cost of sales ( 5,763 ) ( 5,088 )
Gross Profit or (Loss) 34,390 62,246
Income from coronavirus (COVID-19) business support grants - 6,160
Distribution Costs ( 1,571 ) ( 1,055 )
Administrative Expenses ( 31,025 ) ( 59,342 )
Operating Profit or (Loss) 1,794 1,849
Interest Payable and Similar Charges ( 181 ) ( 88 )
Profit or (Loss) Before Tax 1,613 1,761
Tax on Profit ( 477 ) ( 600 )
Profit or (Loss) for Period 1,136 1,161

The notes form part of these financial statements

MY PERSONAL CARE LTD

Balance sheet

As at 31 January 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 5 2,750 3,000
Tangible assets: 6 200 400
Total fixed assets: 2,950 3,400
Current assets
Stocks: 891 1,988
Debtors: 7 13,857 12,309
Cash at bank and in hand: 1,232 6,611
Total current assets: 15,980 20,908
Creditors: amounts falling due within one year: 8 ( 7,977 ) ( 601 )
Net current assets (liabilities): 8,003 20,307
Total assets less current liabilities: 10,953 23,707
Creditors: amounts falling due after more than one year: 9 ( 6,553 ) ( 12,108 )
Total net assets (liabilities): 4,400 11,599

The notes form part of these financial statements

MY PERSONAL CARE LTD

Balance sheet continued

As at 31 January 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 4,300 11,499
Shareholders funds: 4,400 11,599

For the year ending 31 January 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 13 October 2023
And Signed On Behalf Of The Board By:

Name: Sehliselo Msipha
Status: Director

The notes form part of these financial statements

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable net of discounts and value added taxes. Turnoverincludes
    revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customerreturns, rebates and other
    similar allowances.

    a) Sale of goods
    i. Turnover from sale of goods is recognised when the significant risks and rewards of ownership of goods has transferred to thebuyer. This is
    usually at the point that the customer has signed for delivery of goods.

    b) Rendering services
    i. Turnover from rendering of services is recognised by reference to the stage of completion of the contract is measured by comparingthe costs
    incurred for work performed to date to the total estimated

    Tangible fixed assets depreciation policy

    Tangible fixes assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixedassets, less
    their estimated residual value, over their expected useful lives on the following bases:
    a) Fixtures and Fittings 20% on WDV using the straight line method.

    Intangible fixed assets amortisation policy

    Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It isamortised to
    profit and loss account over its economic life of 20 years.

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies (continued)

    Other accounting policies

    Taxation i. Income tax expense represents the sum of the tax currently payable and deferred tax. ii. The tax currently payable is based on taxableprofit of the year. Taxable profit differs from profit as reported in the statement ofcomprehensive income because items of income or expensesthat are taxable or deductible in other year items that never taxable ordeductible. The company’s liability for current tax is calculated using taxrates (19%) that have been enacted or substantively enactedby the end of the reporting period. iii. Deferred tax is recognised on timingdifferences between the carrying amounts of assets and liabilities in the financial statementsand the corresponding tax bases used in thecomputation of taxable profit. Deferred tax liabilities are generally recognised for alltaxable timing differences. Deferred tax assets are generallyrecognised for all deductible temporary differences to the extent that isprobable that taxable profit will be available against which thosedeductible timing differences can be utilised. The carrying amountof deferred tax assets is reviewed at the end of each reporting period andreduced to the extent that it is no longer probable thatsufficient taxable profits will be available to allow all or part of the asset to be recovered. iv.Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability issettled or the assetrealised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of thereporting period. Deferred taxliabilities are presented within provisions for liabilities and deferred tax assets within debtors. Themeasurement of deferred tax liabilities andasset reflects the tax consequences that would follow from the manner in which theCompany expects, at the end of the reporting period, torecover or settle the carrying amount of its assets and liabilities. v. Current or deferred tax for the year is recognised in profit or loss, except whenthey are related to items that are recognised in othercomprehensive income or directly in equity, in which case, the current and deferred tax isalso recognised in other comprehensiveincome or directly in equity respectively.

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Dividends


2023
£

2022
£
Dividends paid 7,500 0

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Intangible assets

Goodwill Total
Cost £ £
At 01 February 2022 5,000 5,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2023 5,000 5,000
Amortisation
Amortisation at 01 February 2022 2,000 2,000
Charge for year 250 250
On disposals - -
Other adjustments - -
Amortisation at 31 January 2023 2,250 2,250
Net book value
Net book value at 31 January 2023 2,750 2,750
Net book value at 31 January 2022 3,000 3,000

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

6. Tangible assets

Office equipment Total
Cost £ £
At 01 February 2022 1,000 1,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2023 1,000 1,000
Depreciation
At 01 February 2022 600 600
Charge for year 200 200
On disposals - -
Other adjustments - -
At 31 January 2023 800 800
Net book value
At 31 January 2023 200 200
At 31 January 2022 400 400

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

7. Debtors


2023
£

2022
£
Trade debtors 13,857 12,309
Total 13,857 12,309

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

8.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 477 601
Other creditors 7,500
Total 7,977 601

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

9.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 6,553 12,108
Total 6,553 12,108