Pulse Holdings Limited |
Notes to the Accounts |
for the year ended 31 October 2023 |
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1 |
Accounting policies |
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Investments |
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Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
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2 |
Employees |
2023 |
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2022 |
Number |
Number |
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Average number of persons employed by the company |
1 |
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1 |
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3 |
Investments |
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Other |
investments |
£ |
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Cost |
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At 1 November 2022 |
200 |
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At 31 October 2023 |
200 |
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4 |
Debtors |
2023 |
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2022 |
£ |
£ |
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Other debtors |
12,116 |
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12,000 |
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5 |
Creditors: amounts falling due within one year |
2023 |
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2022 |
£ |
£ |
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Other creditors |
2,316 |
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2,200 |
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6 |
Related party transactions |
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Redlite Laser Limited is included in other debtors in the amount of £10,000 (2022 £10,000) |
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Redlinc Tattoo Limited is included in other debtors in the amount of £2,116 (2022 £2,000) |
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6 |
Other information |
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Pulse Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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Devonshire House |
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582 Honeypot Lane |
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Stanmore |
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HA7 1JS |