Caseware UK (AP4) 2023.0.135 2023.0.135 2023-08-312023-08-31false2022-09-01No description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08825873 2022-09-01 2023-08-31 08825873 2021-09-01 2022-08-31 08825873 2023-08-31 08825873 2022-08-31 08825873 c:Director1 2022-09-01 2023-08-31 08825873 d:CurrentFinancialInstruments 2023-08-31 08825873 d:CurrentFinancialInstruments 2022-08-31 08825873 d:CurrentFinancialInstruments 4 2023-08-31 08825873 d:CurrentFinancialInstruments 4 2022-08-31 08825873 d:CurrentFinancialInstruments 5 2023-08-31 08825873 d:CurrentFinancialInstruments 5 2022-08-31 08825873 d:Non-currentFinancialInstruments 2023-08-31 08825873 d:Non-currentFinancialInstruments 2022-08-31 08825873 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 08825873 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 08825873 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 08825873 d:Non-currentFinancialInstruments d:AfterOneYear 2022-08-31 08825873 d:ShareCapital 2023-08-31 08825873 d:ShareCapital 2022-08-31 08825873 d:RetainedEarningsAccumulatedLosses 2023-08-31 08825873 d:RetainedEarningsAccumulatedLosses 2022-08-31 08825873 c:FRS102 2022-09-01 2023-08-31 08825873 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 08825873 c:FullAccounts 2022-09-01 2023-08-31 08825873 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 08825873 f:PoundSterling 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure
Registered number: 08825873


PRIVATE HEALTH CLINIC LTD
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 AUGUST 2023

 
PRIVATE HEALTH CLINIC LTD
REGISTERED NUMBER: 08825873

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
38,467
44,850

Cash at bank and in hand
 4 
1,422
35,984

  
39,889
80,834

Creditors: amounts falling due within one year
 5 
(54,176)
(76,734)

Net current (liabilities)/assets
  
 
 
(14,287)
 
 
4,100

Total assets less current liabilities
  
(14,287)
4,100

Creditors: amounts falling due after more than one year
 6 
(5,032)
(7,988)

  

Net liabilities
  
(19,319)
(3,888)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(19,419)
(3,988)

  
(19,319)
(3,888)


Page 1

 
PRIVATE HEALTH CLINIC LTD
REGISTERED NUMBER: 08825873
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



Mr R N Thakerar
Director
Date: 12 April 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
PRIVATE HEALTH CLINIC LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

Private Health Clinic Ltd is a private company, limited by share capital incorporated in England and Wales under registration number: 08825873. The address of the registered office is 4 Castle Hill Parade,  West Ealing, London W13 8JP.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the assumption that the company will have the continued financial support of the shareholders. The shareholders of the company have sufficient resources to finance the company as and when the need arises.
The financial statements have been prepared on a going concern basis which is dependent on the financial support of the shareholders to ensure that the company will continue in operational existence for the foreseeable future. 

Page 3

 
PRIVATE HEALTH CLINIC LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Operating leases: the Company as lessor

Rental income from operating leases is credited to profit or loss on a straight-line basis over the lease term.

Amounts paid and payable as an incentive to sign an operating lease are recognised as a reduction to income over the lease term on a straight-line basis, unless another systematic basis is representative of the time pattern over which the lessor's benefit from the leased asset is diminished.

 
2.5

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 4

 
PRIVATE HEALTH CLINIC LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.8

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Debtors

2023
2022
£
£


Amounts owed by connected companies
37,350
36,850

Other debtors
-
8,000

Prepayments and accrued income
1,117
-
Page 5

 
PRIVATE HEALTH CLINIC LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

3.Debtors (continued)


38,467
44,850



4.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
1,422
35,984

1,422
35,984



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
3,217
3,355

Trade creditors
3,497
-

Amounts owed to group undertakings
40,827
62,671

Other taxation and social security
66
70

Wages and salaries
1,118
1,063

Accruals and deferred income
1,800
1,800

Director's loan account
3,610
7,734

Pension payable
41
41

54,176
76,734


The bank loan is an unsecured bounce back loan.


6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
5,032
7,988

5,032
7,988


The bank loan is an unsecured bounce back loan.

Page 6

 
PRIVATE HEALTH CLINIC LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

7.


Pension commitments

The company operates a auto-enrolment contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £232 (2022 - £88).


8.


Controlling party

The company was under the control of the director, Mr R N Thakerar, by virtue of the fact that he owns 100% of the company's issued share capital.

 
Page 7