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Company Registration No. 06955272 (England and Wales)
HATFIELD PEVEREL SURGERY LIMITED Unaudited accounts for the year ended 31 July 2023
HATFIELD PEVEREL SURGERY LIMITED Unaudited accounts Contents
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HATFIELD PEVEREL SURGERY LIMITED Company Information for the year ended 31 July 2023
Director
OLAYINKA AWOLESI
Company Number
06955272 (England and Wales)
Registered Office
ARUNDEL HOUSE THE STREET HATFIELD PEVEREL CHELMSFORD CM3 2EA UNITED KINGDOM
Accountants
CRYSTAL FINANCE SERVICES LIMITED 9 HOOK CLOSE BEESTON NOTTINGHAM NG9 5AT
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Accountants' report on the preparation of the unaudited statutory statements of HATFIELD PEVEREL SURGERY LIMITED (The Company) for the year ended 31 July 2023
In order to assist you as the sole director to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 31 July 2023 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to you as the sole director of the company, in accordance with the terms of our letter of engagement dated 15 November 2022. Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to you, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and you as the sole director for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the statutory audit requirement for the year ended 31 July 2023.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
CRYSTAL FINANCE SERVICES LIMITED Financial Accountants 9 HOOK CLOSE BEESTON NOTTINGHAM NG9 5AT 17 March 2024
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HATFIELD PEVEREL SURGERY LIMITED Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
701,119 
678,917 
Current assets
Inventories
4,500 
4,500 
Debtors
346,798 
362,402 
Cash at bank and in hand
48,463 
28,768 
399,761 
395,670 
Creditors: amounts falling due within one year
(18,825)
(114,796)
Net current assets
380,936 
280,874 
Total assets less current liabilities
1,082,055 
959,791 
Creditors: amounts falling due after more than one year
(462,016)
(487,033)
Provisions for liabilities
Deferred tax
(12,620)
(12,620)
Net assets
607,419 
460,138 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
607,319 
460,038 
Shareholders' funds
607,419 
460,138 
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 17 March 2024 and were signed on its behalf by
OLAYINKA AWOLESI Director Company Registration No. 06955272
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HATFIELD PEVEREL SURGERY LIMITED Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
HATFIELD PEVEREL SURGERY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06955272. The registered office is ARUNDEL HOUSE THE STREET, HATFIELD PEVEREL, CHELMSFORD, CM3 2EA, UNITED KINGDOM.
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:
Land & buildings
10
Plant & machinery
25
Fixtures & fittings
20
Computer equipment
33
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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HATFIELD PEVEREL SURGERY LIMITED Notes to the Accounts for the year ended 31 July 2023
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2022
412,500 
At 31 July 2023
412,500 
Amortisation
At 1 August 2022
412,500 
At 31 July 2023
412,500 
Net book value
At 31 July 2023
- 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 August 2022
705,385 
307,925 
133,268 
22,606 
1,169,184 
Additions
54,007 
- 
- 
- 
54,007 
At 31 July 2023
759,392 
307,925 
133,268 
22,606 
1,223,191 
Depreciation
At 1 August 2022
183,573 
269,828 
14,866 
22,000 
490,267 
Charge for the year
7,923 
15,843 
7,433 
606 
31,805 
At 31 July 2023
191,496 
285,671 
22,299 
22,606 
522,072 
Net book value
At 31 July 2023
567,896 
22,254 
110,969 
- 
701,119 
At 31 July 2022
521,812 
38,097 
118,402 
606 
678,917 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
5,158 
Amounts due from group undertakings etc.
313,650 
205,495 
Accrued income and prepayments
24,740 
23,925 
Other debtors
8,408 
127,824 
346,798 
362,402 
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HATFIELD PEVEREL SURGERY LIMITED Notes to the Accounts for the year ended 31 July 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
22,941 
18,869 
Obligations under finance leases and hire purchase contracts
(4,675)
661 
Taxes and social security
559 
90,029 
Other creditors
- 
3,565 
Accruals
- 
1,672 
18,825 
114,796 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
441,151 
487,033 
Obligations under finance leases and hire purchase contracts
20,865 
- 
462,016 
487,033 
9
Pension commitments
The Company operates a defined pension contribution scheme through NEST and 1 other Scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of each scheme
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
OLAYINKA AWOLESI
197,591 
- 
- 
197,591 
197,591 
- 
- 
197,591 
11
Transactions with related parties
At the year end the Director owed the company £197591 and interest has been charged on that balance at 4% for the year .
12
Average number of employees
During the year the average number of employees was 11 (2022: 11).
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