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REGISTERED NUMBER: 11230858 (England and Wales)















PINSON HEALTH CARE LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024






PINSON HEALTH CARE LTD (REGISTERED NUMBER: 11230858)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


PINSON HEALTH CARE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: Mr A. Monyadiwa





SECRETARY: Mr A. Monyadiwa





REGISTERED OFFICE: 24 Ardgowan Grove
Wolverhampton
West Midlands
WV4 6DZ





REGISTERED NUMBER: 11230858 (England and Wales)





ACCOUNTANTS: Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PINSON HEALTH CARE LTD


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Pinson Health Care Ltd for the year ended 29 February 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Pinson Health Care Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Pinson Health Care Ltd and state those matters that we have agreed to state to the director of Pinson Health Care Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pinson Health Care Ltd and its director for our work or for this report.

It is your duty to ensure that Pinson Health Care Ltd 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 profit of Pinson Health Care Ltd. You consider that Pinson Health Care Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Pinson Health Care Ltd. 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.






Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU


29 November 2024

PINSON HEALTH CARE LTD (REGISTERED NUMBER: 11230858)

STATEMENT OF FINANCIAL POSITION
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 84,029 17,247

CURRENT ASSETS
Debtors 5 86,352 59,691
Cash at bank 17,201 22,588
103,553 82,279
CREDITORS
Amounts falling due within one year 6 74,894 40,415
NET CURRENT ASSETS 28,659 41,864
TOTAL ASSETS LESS CURRENT
LIABILITIES

112,688

59,111

CREDITORS
Amounts falling due after more than one year 7 (13,097 ) (23,289 )

PROVISIONS FOR LIABILITIES (21,007 ) (4,312 )
NET ASSETS 78,584 31,510

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 78,583 31,509
SHAREHOLDERS' FUNDS 78,584 31,510

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

PINSON HEALTH CARE LTD (REGISTERED NUMBER: 11230858)

STATEMENT OF FINANCIAL POSITION - continued
29 FEBRUARY 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2024 and were signed by:





Mr A. Monyadiwa - Director


PINSON HEALTH CARE LTD (REGISTERED NUMBER: 11230858)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. STATUTORY INFORMATION

Pinson Health Care 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 represents net sales of goods/services, excluding value added tax

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

PINSON HEALTH CARE LTD (REGISTERED NUMBER: 11230858)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023 20,289 - 5,323 25,612
Additions - 90,379 4,416 94,795
At 29 February 2024 20,289 90,379 9,739 120,407
DEPRECIATION
At 1 March 2023 5,073 - 3,292 8,365
Charge for year 3,804 22,595 1,614 28,013
At 29 February 2024 8,877 22,595 4,906 36,378
NET BOOK VALUE
At 29 February 2024 11,412 67,784 4,833 84,029
At 28 February 2023 15,216 - 2,031 17,247

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 86,352 59,691

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 10,191 9,936
Hire purchase contracts - 1,890
Taxation and social security 61,715 24,539
Other creditors 2,988 4,050
74,894 40,415

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 13,097 23,289

PINSON HEALTH CARE LTD (REGISTERED NUMBER: 11230858)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,191 9,936

Amounts falling due between one and two years:
Bank loans - 1-2 years 10,446 10,191

Amounts falling due between two and five years:
Bank loans - 2-5 years 2,651 13,098

9. CALLED UP SHARE CAPITAL

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

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
Mr A. Monyadiwa
Balance outstanding at start of year 54,631 28,462
Amounts advanced 111,531 112,448
Amounts repaid (105,383 ) (86,279 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 60,779 54,631