IRIS Accounts Production v24.2.0.383 13665518 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh136655182023-03-31136655182024-03-31136655182023-04-012024-03-31136655182021-10-05136655182021-10-062023-03-31136655182023-03-3113665518ns15:EnglandWales2023-04-012024-03-3113665518ns14:PoundSterling2023-04-012024-03-3113665518ns10:Director12023-04-012024-03-3113665518ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3113665518ns10:SmallEntities2023-04-012024-03-3113665518ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3113665518ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3113665518ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3113665518ns10:FullAccounts2023-04-012024-03-3113665518ns10:OrdinaryShareClass12023-04-012024-03-3113665518ns10:OrdinaryShareClass22023-04-012024-03-3113665518ns10:Director22023-04-012024-03-3113665518ns10:Director32023-04-012024-03-3113665518ns10:Director52023-04-012024-03-3113665518ns10:CompanySecretary12023-04-012024-03-3113665518ns10:RegisteredOffice2023-04-012024-03-3113665518ns5:CurrentFinancialInstruments2024-03-3113665518ns5:CurrentFinancialInstruments2023-03-3113665518ns5:ShareCapital2024-03-3113665518ns5:ShareCapital2023-03-3113665518ns5:RetainedEarningsAccumulatedLosses2024-03-3113665518ns5:RetainedEarningsAccumulatedLosses2023-03-3113665518ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3113665518ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3113665518ns10:OrdinaryShareClass12024-03-3113665518ns10:OrdinaryShareClass22024-03-31
REGISTERED NUMBER: 13665518 (England and Wales)









CHIPPENHAM, CORSHAM AND BOX PRIMARY CARE
NETWORK (PCN) LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






CHIPPENHAM, CORSHAM AND BOX PRIMARY CARE
NETWORK (PCN) LTD (REGISTERED NUMBER: 13665518)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CHIPPENHAM, CORSHAM AND BOX PRIMARY CARE
NETWORK (PCN) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Dr T F Cottrill
Dr W D Davies
Dr D W O'Driscoll
Dr A S Smith





SECRETARY: Mrs K Hiles





REGISTERED OFFICE: 32 New Road Chippenham
Chippenham
Wiltshire
SN15 1HP





REGISTERED NUMBER: 13665518 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

CHIPPENHAM, CORSHAM AND BOX PRIMARY CARE
NETWORK (PCN) LTD (REGISTERED NUMBER: 13665518)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 206,314 111,436
Cash at bank 123,927 104,599
330,241 216,035
CREDITORS
Amounts falling due within one year 5 181,417 216,029
NET CURRENT ASSETS 148,824 6
TOTAL ASSETS LESS CURRENT
LIABILITIES

148,824

6

CAPITAL AND RESERVES
Called up share capital 6 6 6
Retained earnings 148,818 -
SHAREHOLDERS' FUNDS 148,824 6

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2024 and were signed on its behalf by:





Dr A S Smith - Director


CHIPPENHAM, CORSHAM AND BOX PRIMARY CARE
NETWORK (PCN) LTD (REGISTERED NUMBER: 13665518)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Chippenham, Corsham and Box Primary Care Network (PCN) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties and investments in non-puttable ordinary shares.

Trade and other 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

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors
Short term trade 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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

CHIPPENHAM, CORSHAM AND BOX PRIMARY CARE
NETWORK (PCN) LTD (REGISTERED NUMBER: 13665518)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2023 - 13 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 204,723 111,436
Other debtors 1,591 -
206,314 111,436

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 89,635 -
Taxation and social security 73,952 10,991
Other creditors 17,830 205,038
181,417 216,029

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
5 Ordinary A £1 5 5
1 Ordinary B £1 1 1
6 6