Company Registration No. SC716425 (Scotland)
Precious Care Services Ltd
Unaudited accounts
for the year ended 30 November 2023
Precious Care Services Ltd
Unaudited accounts
Contents
Precious Care Services Ltd
Company Information
for the year ended 30 November 2023
Director
OLA, Gabriel Olusola
Company Number
SC716425 (Scotland)
Registered Office
122 TILLYCAIRN DRIVE
GLASGOW
LANARKSHIRE
G33 5AF
SCOTLAND
Accountants
Grimsby & Company
105
Temple Hill
Dartford
Kent
DA1 5TU
Precious Care Services Ltd
Statement of financial position
as at 30 November 2023
Intangible assets
19,500
19,500
Tangible assets
53,555
5,505
Cash at bank and in hand
(14,495)
9,607
Creditors: amounts falling due within one year
(256,746)
(75,736)
Net current liabilities
(180,581)
(59,029)
Net liabilities
(107,526)
(34,024)
Called up share capital
(2)
(2)
Profit and loss account
(107,524)
(34,022)
Shareholders' funds
(107,526)
(34,024)
For the year ending 30 November 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 30 January 2024 and were signed on its behalf by
OLA, Gabriel Olusola
Director
Company Registration No. SC716425
Precious Care Services Ltd
Notes to the Accounts
for the year ended 30 November 2023
Precious Care Services Ltd is a private company, limited by shares, registered in Scotland, registration number SC716425. The registered office is 122 TILLYCAIRN DRIVE, GLASGOW, LANARKSHIRE, G33 5AF, SCOTLAND.
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.
4
Intangible fixed assets
Other
At 30 November 2023
19,500
At 30 November 2023
19,500
At 30 November 2022
19,500
Precious Care Services Ltd
Notes to the Accounts
for the year ended 30 November 2023
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
-
2,375
3,130
5,505
Additions
41,077
6,973
-
48,050
At 30 November 2023
41,077
9,348
3,130
53,555
At 30 November 2023
-
-
-
-
At 30 November 2023
41,077
9,348
3,130
53,555
At 30 November 2022
-
2,375
3,130
5,505
Amounts falling due within one year
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
24,710
34,710
Loans from directors
182,700
41,026
8
Average number of employees
During the year the average number of employees was 36 (2022: 13).