MY PERSONAL CARE LTD

Company Registration Number:
08345587 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

MY PERSONAL CARE LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

MY PERSONAL CARE LTD

Company Information

for the Period Ended 31 January 2024




Director: Sehliselo Msipha
Registered office: 24
Dominion Avenue
Leeds
LS7 4NN
Company Registration Number: 08345587 (England and Wales)

MY PERSONAL CARE LTD

Directors' Report Period Ended 31 January 2024

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

Principal Activities

My Personal Care Limited principal activity during the period ending 31 January 2024 was providing domicile health care services

Political and charitable donations

The company made neither charitable nor political donations during the period ending 31 January 2024

Company policy on the employment of disabled persons

My Personal Care ltd is an equal opportunities employer and is fully committed to a policy of treating all its employees and jobapplicantsequally, regardless of whether or not they have a disability. Discrimination against disabled people is unlawful underDisability DiscriminationAct 1995.

Directors

The directors shown below have held office during the whole of the period from 01 February 2023 to 31 January 2024
Sehliselo Msipha

This report was approved by the board of directors on 21 October 2024
And Signed On Behalf Of The Board By:

Name: Sehliselo Msipha
Status: Director

MY PERSONAL CARE LTD

Profit and Loss Account

for the Period Ended 31 January 2024


Notes

2024
£

2023
£
Turnover 16,750 40,153
Cost of sales ( 491 ) ( 5,763 )
Gross Profit or (Loss) 16,259 34,390
Distribution Costs ( 981 ) ( 1,571 )
Administrative Expenses ( 16,267 ) ( 31,025 )
Operating Profit or (Loss) ( 989 ) 1,794
Interest Payable and Similar Charges ( 183 ) ( 181 )
Profit or (Loss) Before Tax ( 1,172 ) 1,613
Tax on Profit - ( 477 )
Profit or (Loss) for Period ( 1,172 ) 1,136

The notes form part of these financial statements

MY PERSONAL CARE LTD

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 2,500 2,750
Tangible assets: 200
Total fixed assets: 2,500 2,950
Current assets
Stocks: 400 891
Debtors: 5 13,948 13,857
Cash at bank and in hand: 1 1,232
Total current assets: 14,349 15,980
Creditors: amounts falling due within one year: 6 ( 7,069 ) ( 7,977 )
Net current assets (liabilities): 7,280 8,003
Total assets less current liabilities: 9,780 10,953
Creditors: amounts falling due after more than one year: 7 ( 6,553 ) ( 6,553 )
Total net assets (liabilities): 3,227 4,400

The notes form part of these financial statements

MY PERSONAL CARE LTD

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 3,127 4,300
Shareholders funds: 3,227 4,400

For the year ending 31 January 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.

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 21 October 2024
And Signed On Behalf Of The Board By:

Name: Sehliselo Msipha
Status: Director

The notes form part of these financial statements

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 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 is measured at the fair value of the consideration received or receivable net of discounts and value added taxes.Turnoverincludes
    revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customerreturns, rebatesand other
    similar allowances.

    a) Sale of goods
    i. Turnover from sale of goods is recognised when the significant risks and rewards of ownership of goods has transferred to thebuyer.This is
    usually at the point that the customer has signed for delivery of goods.

    b) Rendering services
    i. Turnover from rendering of services is recognised by reference to the stage of completion of the contract is measured bycomparingthe costs
    incurred for work performed to date to the total estimated

    Tangible fixed assets depreciation policy

    Tangible fixes assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of thefixedassets, less
    their estimated residual value, over their expected useful lives on the following bases:

    a) Fixtures and Fittings 20% on WDV using the straight line method.

    Intangible fixed assets amortisation policy

    Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. Itisamortised to
    profit and loss account over its economic life of 20 years.

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies (continued)

    Other accounting policies

    Taxation i. Income tax expense represents the sum of the tax currently payable and deferred tax. ii. The tax currently payable is basedon taxableprofit of the year. Taxable profit differs from profit as reported in the statement ofcomprehensive income because items ofincome or expensesthat are taxable or deductible in other year items that never taxable ordeductible. The company’s liability forcurrent tax is calculated using taxrates (19%) that have been enacted or substantively enactedby the end of the reporting period. iii.Deferred tax is recognised on timingdifferences between the carrying amounts of assets and liabilities in the financial statementsandthe corresponding tax bases used in thecomputation of taxable profit. Deferred tax liabilities are generally recognised for alltaxabletiming differences. Deferred tax assets are generallyrecognised for all deductible temporary differences to the extent that isprobablethat taxable profit will be available against which thosedeductible timing differences can be utilised. The carrying amountof deferredtax assets is reviewed at the end of each reporting period andreduced to the extent that it is no longer probable thatsufficient taxableprofits will be available to allow all or part of the asset to be recovered. iv.Deferred tax assets and liabilities are measured at the taxrates that are expected to apply in the period in which the liability issettled or the assetrealised, based on tax rates (and tax laws) thathave been enacted or substantively enacted by the end of thereporting period. Deferred taxliabilities are presented within provisionsfor liabilities and deferred tax assets within debtors. Themeasurement of deferred tax liabilities andasset reflects the tax consequencesthat would follow from the manner in which theCompany expects, at the end of the reporting period, torecover or settle the carryingamount of its assets and liabilities. v. Current or deferred tax for the year is recognised in profit or loss, except whenthey are related toitems that are recognised in othercomprehensive income or directly in equity, in which case, the current and deferred tax isalsorecognised in other comprehensiveincome or directly in equity respectively.

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 2

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Intangible assets

Goodwill Total
Cost £ £
At 01 February 2023 5,000 5,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2024 5,000 5,000
Amortisation
Amortisation at 01 February 2023 2,250 2,250
Charge for year 250 250
On disposals - -
Other adjustments - -
Amortisation at 31 January 2024 2,500 2,500
Net book value
Net book value at 31 January 2024 2,500 2,500
Net book value at 31 January 2023 2,750 2,750

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Debtors


2024
£

2023
£
Trade debtors 13,948 13,857
Total 13,948 13,857

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 6,647 7,500
Taxation and social security 422 477
Total 7,069 7,977

MY PERSONAL CARE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 6,553 6,553
Total 6,553 6,553