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REGISTERED NUMBER: 03387316 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

PROFESSIONAL NURSING SERVICES LIMITED

PROFESSIONAL NURSING SERVICES LIMITED (REGISTERED NUMBER: 03387316)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PROFESSIONAL NURSING SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: D G Bennett
P M Squires





REGISTERED OFFICE: 25a White Horse Court
North Street
Bishop's Stortford
Hertfordshire
CM23 2LD





REGISTERED NUMBER: 03387316 (England and Wales)





ACCOUNTANTS: Barrow LLP
Rae House
Dane Street
Bishops Stortford
Herts
CM23 3BT

PROFESSIONAL NURSING SERVICES LIMITED (REGISTERED NUMBER: 03387316)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Tangible assets 5 14,783 7,786

CURRENT ASSETS
Debtors 6 406,037 642,411
Cash at bank and in hand 72,810 35,781
478,847 678,192
CREDITORS
Amounts falling due within one year 7 (123,310 ) (254,725 )
NET CURRENT ASSETS 355,537 423,467
TOTAL ASSETS LESS CURRENT LIABILITIES 370,320 431,253

PROVISIONS FOR LIABILITIES (1,186 ) (1,485 )
NET ASSETS 369,134 429,768

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 368,134 428,768
SHAREHOLDERS' FUNDS 369,134 429,768

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

PROFESSIONAL NURSING SERVICES LIMITED (REGISTERED NUMBER: 03387316)

BALANCE SHEET - continued
30 APRIL 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 Profit and Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 January 2025 and were signed on its behalf by:




D G Bennett - Director



P M Squires - Director


PROFESSIONAL NURSING SERVICES LIMITED (REGISTERED NUMBER: 03387316)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Professional Nursing Services Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Other financial instruments are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme and pays contributions to director's and employee's personal pension schemes.

Contributions payable for the year are charged in the profit and loss account.


PROFESSIONAL NURSING SERVICES LIMITED (REGISTERED NUMBER: 03387316)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

3. ACCOUNTING POLICIES - continued

Deferred tax
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred taxation is measured on a non-discounted basis at the average tax rates that would apply when the timing differences are expected to reverse, based on tax rates and laws that have been enacted by the balance sheet date.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2023 - 51 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023 6,186 - 39,601 45,787
Additions - 12,075 - 12,075
At 30 April 2024 6,186 12,075 39,601 57,862
DEPRECIATION
At 1 May 2023 5,663 - 32,338 38,001
Charge for year 523 805 3,750 5,078
At 30 April 2024 6,186 805 36,088 43,079
NET BOOK VALUE
At 30 April 2024 - 11,270 3,513 14,783
At 30 April 2023 523 - 7,263 7,786

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 106,429 156,530
Amounts owed by group undertakings 284,628 476,661
Other debtors 14,980 9,220
406,037 642,411

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 1,025 2,324
Taxation and social security 20,032 72,756
Other creditors 102,253 179,645
123,310 254,725

PROFESSIONAL NURSING SERVICES LIMITED (REGISTERED NUMBER: 03387316)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Discounted trade debts 75,550 137,178

Discounted trade debts are secured by a fixed and floating charge over the trade debts of the company.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
1,000 Ordinary £1 1,000 1,000