Registered number: 09652687 | ||||||||
FOR THE YEAR ENDED 31/08/2023 | ||||||||
Prepared By: | ||||||||
Mike Griffiths & Partners Ltd | ||||||||
Accountants & Registered Auditors | ||||||||
Yew Tree Inn | ||||||||
High Street | ||||||||
Gresford | ||||||||
Wrexham | ||||||||
LL12 8RF |
Penygelli Care Homes Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/08/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Wrexham | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 09652687 | ||||||||
BANKERS | ||||||||
Barclays | ||||||||
ACCOUNTANTS | ||||||||
Mike Griffiths & Partners Ltd | ||||||||
Accountants & Registered Auditors | ||||||||
Yew Tree Inn | ||||||||
High Street | ||||||||
Gresford | ||||||||
Wrexham | ||||||||
LL12 8RF |
Penygelli Care Homes Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/08/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Penygelli Care Homes Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
713,916 | 679,539 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT ASSETS | 175,656 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | ||||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 | |||||||||
Profit and loss account | 207,284 | 182,612 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Penygelli Care Homes Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/08/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting FRS 1021 a | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. | ||||||||
These financial statements are for the individual company only. The presentation currency is pound Sterling(£) rounded to the nearest £1. |
1b. Depreciation | ||||||||
Equipment | reducing balance 25% |
1c. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1e. Leasing Commitments | ||||||||
1f. Employee Benefits | ||||||||
Short-term employee benefits, including holiday pay, are recognised as an expense in the statement of comprehensive income, in the period in which they are incurred. |
Penygelli Care Homes Limited | ||||||||
2. TANGIBLE FIXED ASSETS | ||||
Equipment | Total | |||
£ | £ | |||
Cost | ||||
At 01/09/2022 | 32,269 | 32,269 | ||
Additions | 6,559 | 6,559 | ||
At 31/08/2023 | 38,828 | 38,828 | ||
Depreciation | ||||
At 01/09/2022 | 23,679 | 23,679 | ||
For the year | 3,787 | 3,787 | ||
At 31/08/2023 | 27,466 | 27,466 | ||
Net Book Amounts | ||||
At 31/08/2023 | 11,362 | |||
At 31/08/2022 | 8,590 | |||
3. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 38,341 | 31,361 | ||||||
Prepayments | 3,789 | 3,339 | ||||||
42,130 | 34,700 | |||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 28,348 | 13,124 | ||||||
PAYE control | 11,630 | 7,048 | ||||||
Directors current account | 329,184 | 286,721 | ||||||
Trade creditors | 9,667 | 17,059 | ||||||
Other creditors | 82,562 | 124,889 | ||||||
Accruals | 55,192 | 55,042 | ||||||
516,583 | 503,883 | |||||||
Penygelli Care Homes Limited | ||||||||
5. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 39 | |||||
6. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
2 | 2 | |||||||
2 | 2 | |||||||
7. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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