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
HATFIELD PEVEREL SURGERY LIMITED
Company Information
for the year ended 31 July 2023
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
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
HATFIELD PEVEREL SURGERY LIMITED
Statement of financial position
as at 31 July 2023
Tangible assets
701,119
678,917
Cash at bank and in hand
48,463
28,768
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
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
HATFIELD PEVEREL SURGERY LIMITED
Notes to the Accounts
for the year ended 31 July 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
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.
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.
HATFIELD PEVEREL SURGERY LIMITED
Notes to the Accounts
for the year ended 31 July 2023
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
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
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
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
Amounts falling due within one year
Amounts due from group undertakings etc.
313,650
205,495
Accrued income and prepayments
24,740
23,925
Other debtors
8,408
127,824
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
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
-
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
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
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).