Kingfisher PCN Limited 14016740 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is primary care services Digita Accounts Production Advanced 6.30.9574.0 true true 14016740 2023-04-01 2024-03-31 14016740 2024-03-31 14016740 bus:OrdinaryShareClass1 2024-03-31 14016740 core:RetainedEarningsAccumulatedLosses 2024-03-31 14016740 core:ShareCapital 2024-03-31 14016740 core:CurrentFinancialInstruments 2024-03-31 14016740 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 14016740 core:FurnitureFittingsToolsEquipment 2024-03-31 14016740 bus:SmallEntities 2023-04-01 2024-03-31 14016740 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 14016740 bus:FilletedAccounts 2023-04-01 2024-03-31 14016740 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 14016740 bus:RegisteredOffice 2023-04-01 2024-03-31 14016740 bus:Director1 2023-04-01 2024-03-31 14016740 bus:Director2 2023-04-01 2024-03-31 14016740 bus:Director3 2023-04-01 2024-03-31 14016740 bus:Director4 2023-04-01 2024-03-31 14016740 bus:Director5 2023-04-01 2024-03-31 14016740 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 14016740 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 14016740 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 14016740 core:PlantMachinery 2023-04-01 2024-03-31 14016740 countries:EnglandWales 2023-04-01 2024-03-31 14016740 2022-03-31 2023-03-31 14016740 2023-03-31 14016740 bus:OrdinaryShareClass1 2023-03-31 14016740 core:RetainedEarningsAccumulatedLosses 2023-03-31 14016740 core:ShareCapital 2023-03-31 14016740 core:CurrentFinancialInstruments 2023-03-31 14016740 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14016740

Kingfisher PCN Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Kingfisher PCN Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Kingfisher PCN Limited

Company Information

Directors

Dr JJ Wells

Dr N M Islam

Dr K Walsh

Dr A P Smith

Dr A L Howell

Registered office

Hillview Medical Centre
60 Bromsgrove Road
Redditch
B97 4RN

Accountants

Ballards LLP
Chartered Accountants
Oakmoore Court
11c Kingswood Road
Hampton Lovett
Droitwich
Worcestershire
WR9 0QH

 

Kingfisher PCN Limited

(Registration number: 14016740)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

13,362

-

Current assets

 

Debtors

5

317,638

21,927

Cash at bank and in hand

 

210,960

80

 

528,598

22,007

Creditors: Amounts falling due within one year

6

(551,443)

(31,500)

Net current liabilities

 

(22,845)

(9,493)

Net liabilities

 

(9,483)

(9,493)

Capital and reserves

 

Called up share capital

7

11

1

Retained earnings

(9,494)

(9,494)

Shareholders' deficit

 

(9,483)

(9,493)

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 January 2025 and signed on its behalf by:
 

.........................................
Dr JJ Wells
Director

.........................................
Dr A P Smith
Director

.........................................
Dr N M Islam
Director

.........................................
Dr A L Howell
Director

.........................................
Dr K Walsh
Director

     
 

Kingfisher PCN Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Hillview Medical Centre
60 Bromsgrove Road
Redditch
B97 4RN
Great Britain

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Kingfisher PCN Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant & Machinery

25% Reducing Balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2023 - 1).

 

Kingfisher PCN Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

17,816

17,816

At 31 March 2024

17,816

17,816

Depreciation

Charge for the year

4,454

4,454

At 31 March 2024

4,454

4,454

Carrying amount

At 31 March 2024

13,362

13,362

5

Debtors

Current

2024
£

2023
£

Trade debtors

27,825

-

Other debtors

289,813

21,927

 

317,638

21,927

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

168,103

24,895

Accruals and deferred income

1,890

6,505

Other creditors

381,450

100

551,443

31,500

 

Kingfisher PCN Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

11

11

1

1