REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST SEPTEMBER 2022 TO 30TH APRIL 2023 |
FOR |
GENERAL PRACTICE TECH SOLUTIONS LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST SEPTEMBER 2022 TO 30TH APRIL 2023 |
FOR |
GENERAL PRACTICE TECH SOLUTIONS LTD |
GENERAL PRACTICE TECH SOLUTIONS LTD (REGISTERED NUMBER: 13571833) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Period 1st September 2022 to 30th April 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
GENERAL PRACTICE TECH SOLUTIONS LTD |
COMPANY INFORMATION |
for the Period 1st September 2022 to 30th April 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
100 Barbirolli Square |
Manchester |
M2 3BD |
GENERAL PRACTICE TECH SOLUTIONS LTD (REGISTERED NUMBER: 13571833) |
BALANCE SHEET |
30th April 2023 |
2023 | 2022 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges his responsibilities for: |
(a) | 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. |
GENERAL PRACTICE TECH SOLUTIONS LTD (REGISTERED NUMBER: 13571833) |
BALANCE SHEET - continued |
30th April 2023 |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
GENERAL PRACTICE TECH SOLUTIONS LTD (REGISTERED NUMBER: 13571833) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Period 1st September 2022 to 30th April 2023 |
1. | STATUTORY INFORMATION |
General Practice Tech Solutions Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
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 balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Patents and licences are being amortised evenly over their estimated useful life of nil years. |
Computer Software 15% WDV over a estimated useful life. |
Trade and other debtors |
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the |
effective interest method, less impairment losses for bad and doubtful debts except where the effect of |
discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for |
bad and doubtful debts. |
GENERAL PRACTICE TECH SOLUTIONS LTD (REGISTERED NUMBER: 13571833) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 1st September 2022 to 30th April 2023 |
2. | ACCOUNTING POLICIES - continued |
Trade and other creditors |
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | INTANGIBLE FIXED ASSETS |
Patents |
and | Computer |
licences | software | Totals |
£ | £ | £ |
COST |
At 1st September 2022 |
Additions |
At 30th April 2023 |
AMORTISATION |
At 1st September 2022 |
Amortisation for period |
At 30th April 2023 |
NET BOOK VALUE |
At 30th April 2023 |
At 31st August 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Amounts owed to group undertakings |
Other creditors |
GENERAL PRACTICE TECH SOLUTIONS LTD (REGISTERED NUMBER: 13571833) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 1st September 2022 to 30th April 2023 |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | 1 | 100 | 100 |
8. | RELATED PARTY DISCLOSURES |
Ashburton Prescribing Consultants Limited holds 100% of the share capital of the company as at year end. |
At the reporting date, the company owed Ashburton Prescribing Consultants Limited £73,746 (2022 : £56,621). This balance is unsecured, interest-free and repayable on demand. |