Pride Community Care Ltd 06469470 false 2021-12-01 2023-03-31 2023-03-31 The principal activity of the company is other social work activities without accomodation. Digita Accounts Production Advanced 6.30.9574.0 true true 06469470 2021-12-01 2023-03-31 06469470 2023-03-31 06469470 bus:OrdinaryShareClass1 2023-03-31 06469470 core:CurrentFinancialInstruments 2023-03-31 06469470 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 06469470 core:FurnitureFittingsToolsEquipment 2023-03-31 06469470 core:OtherPropertyPlantEquipment 2023-03-31 06469470 core:OtherRelatedParties 2023-03-31 06469470 bus:SmallEntities 2021-12-01 2023-03-31 06469470 bus:AuditExemptWithAccountantsReport 2021-12-01 2023-03-31 06469470 bus:FullAccounts 2021-12-01 2023-03-31 06469470 bus:SmallCompaniesRegimeForAccounts 2021-12-01 2023-03-31 06469470 bus:RegisteredOffice 2021-12-01 2023-03-31 06469470 bus:Director1 2021-12-01 2023-03-31 06469470 bus:OrdinaryShareClass1 2021-12-01 2023-03-31 06469470 bus:PrivateLimitedCompanyLtd 2021-12-01 2023-03-31 06469470 core:FurnitureFittingsToolsEquipment 2021-12-01 2023-03-31 06469470 core:OtherPropertyPlantEquipment 2021-12-01 2023-03-31 06469470 core:PlantMachinery 2021-12-01 2023-03-31 06469470 core:OtherRelatedParties 2021-12-01 2023-03-31 06469470 core:OtherRelatedParties core:RenderingOrReceivingServices 2021-12-01 2023-03-31 06469470 countries:EnglandWales 2021-12-01 2023-03-31 06469470 2021-11-30 06469470 core:FurnitureFittingsToolsEquipment 2021-11-30 06469470 core:OtherPropertyPlantEquipment 2021-11-30 06469470 2020-12-01 2021-11-30 06469470 2021-11-30 06469470 bus:OrdinaryShareClass1 2021-11-30 06469470 core:CurrentFinancialInstruments 2021-11-30 06469470 core:CurrentFinancialInstruments core:WithinOneYear 2021-11-30 06469470 core:FurnitureFittingsToolsEquipment 2021-11-30 06469470 core:OtherPropertyPlantEquipment 2021-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06469470

Pride Community Care Ltd

Annual Report and Unaudited Financial Statements

for the Period from 1 December 2021 to 31 March 2023

 

Pride Community Care Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 5

 

Pride Community Care Ltd

(Registration number: 06469470)
Balance Sheet as at 31 March 2023

Note

2023
£

2021
£

Fixed assets

 

Tangible assets

4

11,187

11,830

Current assets

 

Debtors

5

40,392

20,221

Cash at bank and in hand

 

81,037

43,601

 

121,429

63,822

Creditors: Amounts falling due within one year

6

(34,351)

(14,079)

Net current assets

 

87,078

49,743

Total assets less current liabilities

 

98,265

61,573

Provisions for liabilities

(2,126)

-

Net assets

 

96,139

61,573

Capital and reserves

 

Called up share capital

7

1

2

Retained earnings

96,138

61,571

Shareholders' funds

 

96,139

61,573

For the financial period ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account and director's report have not been delivered in accordance with the special provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 31 October 2023
 

.........................................
Mrs A Waterworth
Director

 

Pride Community Care Ltd

Notes to the Unaudited Financial Statements for the Period from 1 December 2021 to 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Long Hey House
Halifax Road
Briercliffe
Burnley
BB10 3QZ

These financial statements were authorised for issue by the director on 31 October 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in Sterling, which is the fuctional currency of the company. The accounts are rounded to the nearest pound.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Pride Community Care Ltd

Notes to the Unaudited Financial Statements for the Period from 1 December 2021 to 31 March 2023

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

15% reducing balance

Office equipment

33% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

 

Pride Community Care Ltd

Notes to the Unaudited Financial Statements for the Period from 1 December 2021 to 31 March 2023

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee Benefits

The cost of any unused holiday entitlement is recognised in the period in which employees' services are received.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 14 (2021 - 20).

4

Tangible assets

Office equipment
 £

Plant and machinery
£

Total
£

Cost or valuation

At 1 December 2021

1,989

34,481

36,470

Additions

-

1,380

1,380

At 31 March 2023

1,989

35,861

37,850

Depreciation

At 1 December 2021

1,760

22,880

24,640

Charge for the period

76

1,947

2,023

At 31 March 2023

1,836

24,827

26,663

Carrying amount

At 31 March 2023

153

11,034

11,187

At 30 November 2021

229

11,601

11,830

 

Pride Community Care Ltd

Notes to the Unaudited Financial Statements for the Period from 1 December 2021 to 31 March 2023

5

Debtors

2023
£

2021
£

Trade debtors

40,125

20,221

Prepayments

267

-

 

40,392

20,221

6

Creditors

Creditors: amounts falling due within one year

2023
£

2021
£

Trade creditors

2,180

631

Taxation and social security

19,364

12,336

Accruals and deferred income

6,500

990

Other creditors

6,307

122

34,351

14,079

7

Share capital

Allotted, called up and fully paid shares

 

2023

2021

 

No.

£

No.

£

Ordinary share of £1 each

1

1

2

2

         

8

Related party transactions

Summary of transactions with other related parties

Amanda Waterworth Counselling Services Ltd - a company under common control
 Recharge of services
 Under normal commercial terms
 

Expenditure with and payables to related parties

2023

Other related parties
£

Rendering of services

2,080

Amounts payable to related party

2,080