1 April 2022 false No description of principal activity Taxfiler 2023.10 06387580business:PrivateLimitedCompanyLtd2022-04-012023-03-31 063875802022-03-31 063875802022-04-012023-03-31 06387580business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 06387580business:FilletedAccounts2022-04-012023-03-31 063875802023-03-31 06387580business:Director12022-04-012023-03-31 06387580business:Director22022-04-012023-03-31 06387580business:CompanySecretary12022-04-012023-03-31 06387580business:RegisteredOffice2022-04-012023-03-31 063875802022-03-31 06387580core:WithinOneYear2023-03-31 06387580core:WithinOneYear2022-03-31 06387580core:AfterOneYear2023-03-31 06387580core:AfterOneYear2022-03-31 06387580core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 06387580core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 06387580core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 06387580core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 06387580core:PreviouslyStatedAmount2023-03-31 06387580core:PreviouslyStatedAmount2022-03-31 06387580business:SmallEntities2022-04-012023-03-31 06387580countries:EnglandWales2022-04-012023-03-31 06387580core:MotorVehicles2022-04-012023-03-31 06387580core:FurnitureFittings2022-04-012023-03-31 06387580core:ComputerEquipment2022-04-012023-03-31 06387580core:MotorVehicles2022-03-31 06387580core:FurnitureFittings2022-03-31 06387580core:ComputerEquipment2022-03-31 06387580core:MotorVehicles2023-03-31 06387580core:FurnitureFittings2023-03-31 06387580core:ComputerEquipment2023-03-31 06387580business:Director212022-04-012023-03-31 06387580business:Director212022-03-31 06387580business:Director212023-03-31 063875802021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 06387580 (England and Wales)
PHILIP PARKINSON HOMECARE LTD Unaudited accounts for the year ended 31 March 2023
PHILIP PARKINSON HOMECARE LTD Unaudited accounts Contents
Page
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PHILIP PARKINSON HOMECARE LTD Company Information for the year ended 31 March 2023
Directors
Julie Ann Parkinson Philip Douglas Parkinson
Secretary
Julie Ann Parkinson
Company Number
06387580 (England and Wales)
Registered Office
133 New Bridge Street Newcastle Upon Tyne Tyne And Wear NE1 2SW England
Accountants
The Accountants & Management Consultants Ltd 6 Frome Drive Crumpsall Manchester M8 0GA
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PHILIP PARKINSON HOMECARE LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,047 
20,063 
Current assets
Debtors
401,461 
381,497 
Cash at bank and in hand
13,559 
36,180 
415,020 
417,677 
Creditors: amounts falling due within one year
(99,995)
(78,103)
Net current assets
315,025 
339,574 
Total assets less current liabilities
330,072 
359,637 
Creditors: amounts falling due after more than one year
(22,644)
(51,473)
Net assets
307,428 
308,164 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
307,328 
308,064 
Shareholders' funds
307,428 
308,164 
For the year ending 31 March 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 5 November 2023 and were signed on its behalf by
Philip Douglas Parkinson Director Company Registration No. 06387580
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PHILIP PARKINSON HOMECARE LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
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.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% reducing balance
Computer equipment
25% reducing balance
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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PHILIP PARKINSON HOMECARE LTD Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
40,420 
11,058 
824 
52,302 
At 31 March 2023
40,420 
11,058 
824 
52,302 
Depreciation
At 1 April 2022
22,464 
9,569 
206 
32,239 
Charge for the year
4,489 
372 
155 
5,016 
At 31 March 2023
26,953 
9,941 
361 
37,255 
Net book value
At 31 March 2023
13,467 
1,117 
463 
15,047 
At 31 March 2022
17,956 
1,489 
618 
20,063 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,520 
Other debtors
181,666 
164,255 
181,666 
165,775 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
219,795 
215,722 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,021 
25,436 
Obligations under finance leases and hire purchase contracts
5,235 
5,758 
Trade creditors
39,152 
2,312 
Taxes and social security
39,109 
41,597 
Other creditors
3,431 
- 
Loans from directors
2,047 
- 
Accruals
2,000 
3,000 
99,995 
78,103 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
22,583 
29,666 
Obligations under finance leases and hire purchase contracts
- 
5,235 
Amounts owed to group undertakings and other participating interests
61 
16,572 
22,644 
51,473 
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PHILIP PARKINSON HOMECARE LTD Notes to the Accounts for the year ended 31 March 2023
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Philip Douglas Parkinson
Loans made and not repaid during the period
19,746 
- 
19,746 
- 
19,746 
- 
19,746 
- 
9
Transactions with related parties
Included within other creditors is a directors’ current account balance of £2,047. There are no fixed repayment terms and no interest is chargeable to the company in respect of this balance.
10
Average number of employees
During the year the average number of employees was 17 (2022: 15).
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