PANACHE CARE LTD

Company Registration Number:
11472130 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

PANACHE CARE LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

PANACHE CARE LTD

Company Information

for the Period Ended 31 July 2023




Director: Teclar Museba
Registered office: Flat A, Ashton Court
1 Oxford Road
Aylesbury
Buckinghamshire
England
HP19 8ER
Company Registration Number: 11472130 (England and Wales)

PANACHE CARE LTD

Directors' Report Period Ended 31 July 2023

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

Principal Activities

The principal activity of the company during the period under review was the provision of social care services.

Directors

The directors shown below have held office during the whole of the period from 01 August 2022 to 31 July 2023
Teclar Museba

This report was approved by the board of directors on 3 November 2023
And Signed On Behalf Of The Board By:

Name: Teclar Museba
Status: Director

PANACHE CARE LTD

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 25,561 24,600
Total fixed assets: 25,561 24,600
Current assets
Cash at bank and in hand: 104,321 25,928
Total current assets: 104,321 25,928
Creditors: amounts falling due within one year: 5 ( 17,626 )
Net current assets (liabilities): 86,695 25,928
Total assets less current liabilities: 112,256 50,528
Creditors: amounts falling due after more than one year: 6 ( 181,834 ) ( 191,834 )
Total net assets (liabilities): ( 69,578 ) ( 141,306 )

The notes form part of these financial statements

PANACHE CARE LTD

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 69,580 ) ( 141,308 )
Shareholders funds: ( 69,578 ) ( 141,306 )

For the year ending 31 July 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 3 November 2023
And Signed On Behalf Of The Board By:

Name: Teclar Museba
Status: Director

The notes form part of these financial statements

PANACHE CARE LTD

Notes to the Financial Statements

for the Period Ended 31 July 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

    The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied
    during the period, exclusive of Value Added Tax and trade discounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets were depreciated on reducing balance method as follows:
    Fixtures & fittings - 10%
    Office equipment - 33%
    Motor vehicle - 20%

PANACHE CARE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 14 8

PANACHE CARE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

PANACHE CARE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible assets

Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 August 2022 35,051 1,118 - 36,169
Additions 2,008 1,268 1,100 4,376
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 July 2023 37,059 2,386 1,100 40,545
Depreciation
At 01 August 2022 10,953 616 - 11,569
Charge for year 2,611 584 220 3,415
On disposals - - - -
Other adjustments - - - -
At 31 July 2023 13,564 1,200 220 14,984
Net book value
At 31 July 2023 23,495 1,186 880 25,561
At 31 July 2022 24,098 502 - 24,600

PANACHE CARE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 17,626
Total 17,626

PANACHE CARE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

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


2023
£

2022
£
Bank loans and overdrafts 29,167 39,167
Other creditors 152,667 152,667
Total 181,834 191,834