PROACE HEALTHCARE SERVICES LTD

Company Registration Number:
13261656 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

PROACE HEALTHCARE SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

PROACE HEALTHCARE SERVICES LTD

Company Information

for the Period Ended 31 March 2024




Director: KARUMAZONDO, Priscilla Agnes
THONDHLANA, Tsitsi Monica
THONDHLANA, Freeman
KARUMAZONDO, Tichaona Wilfred
Secretary: KARUMAZONDO Priscilla Agnes
Registered office: The Town Hall
High Street East
Wallsend
Tyne And Wear
GBR
NE28 7AT
Company Registration Number: 13261656 (England and Wales)

PROACE HEALTHCARE SERVICES LTD

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

The company's principal activities during the period was providing regulated Domiciliary healthcare services for both private and local authority funded clients in the United Kingdom.

Political and charitable donations

For the period under review the company did not make any political or charitable donations.

Company policy on the employment of disabled persons

The company policy is to employ disabled people wherever practical in line with the provisions of the Equality Act 2010. For the year under review no employees were entered in the staff register as disabled.

Additional information

The director(s) present the financial statements on a going concern basis and these statements have been prepared in accordance with provisions applicable to companies subject to the small companies' regime and the option not to file the profit and loss account has been taken under S444

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
KARUMAZONDO, Priscilla Agnes
THONDHLANA, Tsitsi Monica
THONDHLANA, Freeman
KARUMAZONDO, Tichaona Wilfred

Secretary
KARUMAZONDO Priscilla Agnes

This report was approved by the board of directors on 14 August 2024
And Signed On Behalf Of The Board By:

Name: KARUMAZONDO, Priscilla Agnes
Status: Director

Name: THONDHLANA, Tsitsi Monica
Status: Director

Name: THONDHLANA, Freeman
Status: Director

Name: KARUMAZONDO, Tichaona Wilfred
Status: Director

PROACE HEALTHCARE SERVICES LTD

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 3,675 0
Total fixed assets: 3,675 0
Current assets
Debtors: 142,748 883
Cash at bank and in hand: 19,570 946
Total current assets: 162,318 1,829
Creditors: amounts falling due within one year: 5 ( 72,310 ) ( 513 )
Net current assets (liabilities): 90,008 1,316
Total assets less current liabilities: 93,683 1,316
Creditors: amounts falling due after more than one year: 6 ( 26,862 ) ( 17,041 )
Total net assets (liabilities): 66,821 ( 15,725 )

The notes form part of these financial statements

PROACE HEALTHCARE SERVICES LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 4 2
Profit and loss account: 66,817 ( 15,727 )
Shareholders funds: 66,821 ( 15,725 )

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 14 August 2024
And Signed On Behalf Of The Board By:

Name: KARUMAZONDO, Priscilla Agnes
Status: Director

Name: THONDHLANA, Tsitsi Monica
Status: Director

Name: THONDHLANA, Freeman
Status: Director

Name: KARUMAZONDO, Tichaona Wilfred
Status: Director

The notes form part of these financial statements

PROACE HEALTHCARE SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents amounts receivable for services provided for the period under review.

PROACE HEALTHCARE SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 46 4

PROACE HEALTHCARE SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

PROACE HEALTHCARE SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 -
Additions 3,675
Disposals -
Revaluations -
Transfers -
At 31 March 2024 3,675
Depreciation
At 01 April 2023 -
Charge for year -
On disposals -
Other adjustments -
At 31 March 2024 -
Net book value
At 31 March 2024 3,675
At 31 March 2023 -

PROACE HEALTHCARE SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

Amounts falling due in this period relates to accruals; Net Wages and Payroll Taxes.

PROACE HEALTHCARE SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due after more than one year note

The long-term liabilities includes £11,179.02 amounts owed to directors and Tax liabilities £15,682.98.

PROACE HEALTHCARE SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 7. Changes in presentation and prior period adjustments

    The accounting format has been changed from the Micro-Entity accounts format to Abridged accounts format due to the increased turnover threshold and staff count for the period under review.