Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312023-05-262024-08-31false2023-05-26No description of principal activity19falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC770813 2023-05-25 SC770813 2023-05-26 2024-08-31 SC770813 2022-05-26 2023-05-25 SC770813 2024-08-31 SC770813 c:Director1 2023-05-26 2024-08-31 SC770813 c:Director1 2024-08-31 SC770813 c:RegisteredOffice 2023-05-26 2024-08-31 SC770813 d:PlantMachinery 2023-05-26 2024-08-31 SC770813 d:PlantMachinery 2024-08-31 SC770813 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-26 2024-08-31 SC770813 d:FurnitureFittings 2023-05-26 2024-08-31 SC770813 d:FurnitureFittings 2024-08-31 SC770813 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-26 2024-08-31 SC770813 d:OwnedOrFreeholdAssets 2023-05-26 2024-08-31 SC770813 d:CurrentFinancialInstruments 2024-08-31 SC770813 d:Non-currentFinancialInstruments 2024-08-31 SC770813 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 SC770813 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 SC770813 d:ShareCapital 2024-08-31 SC770813 d:RetainedEarningsAccumulatedLosses 2024-08-31 SC770813 c:OrdinaryShareClass1 2023-05-26 2024-08-31 SC770813 c:OrdinaryShareClass1 2024-08-31 SC770813 c:FRS102 2023-05-26 2024-08-31 SC770813 c:AuditExempt-NoAccountantsReport 2023-05-26 2024-08-31 SC770813 c:FullAccounts 2023-05-26 2024-08-31 SC770813 c:PrivateLimitedCompanyLtd 2023-05-26 2024-08-31 SC770813 6 2023-05-26 2024-08-31 SC770813 e:PoundSterling 2023-05-26 2024-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC770813










PERTH HEALTHCARE LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

 
PERTH HEALTHCARE LIMITED
 

COMPANY INFORMATION


Director
Brian Arris (appointed 26 May 2023)




Registered number
SC770813



Registered office
96 Victoria Road

Aberdeen

AB11 9DU




Accountants
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
PERTH HEALTHCARE LIMITED
REGISTERED NUMBER: SC770813

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2024

2024
£

FIXED ASSETS
  

Tangible assets
  
26,219

Investments
  
2,342,509

  
2,368,728

CURRENT ASSETS
  

Stocks
  
127,878

Debtors
  
426,084

Cash at bank and in hand
  
129,284

  
683,246

Creditors: amounts falling due within one year
  
(2,076,297)

NET CURRENT (LIABILITIES)/ASSETS
  
 
 
(1,393,051)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
975,677

Creditors: amounts falling due after more than one year
  
(910,527)

PROVISIONS FOR LIABILITIES
  

Deferred tax
  
(6,555)

  
 
 
(6,555)

NET ASSETS
  
58,595


CAPITAL AND RESERVES
  

Called up share capital 
  
1

Profit and loss account
  
58,594

  
58,595


Page 1

 
PERTH HEALTHCARE LIMITED
REGISTERED NUMBER: SC770813

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 February 2025.




Brian Arris
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
PERTH HEALTHCARE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

1.


GENERAL INFORMATION

Perth Healthcare Limited is a private company, limited by shares, incorporated in Scotland with registration number SC770813. The registered office is 96 Victoria Road, Aberdeen, AB11 9DU.
The Company's functional and presentational currency is GBP. 

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

TURNOVER

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

BORROWING COSTS

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

Page 3

 
PERTH HEALTHCARE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.4

CURRENT AND DEFERRED TAXATION

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.5

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
33.3% Straight line
Fixtures and fittings
-
25% Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 4

 
PERTH HEALTHCARE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.7

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

PROVISIONS FOR LIABILITIES

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.9

FINANCIAL INSTRUMENTS

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the period was 19.

Page 5

 
PERTH HEALTHCARE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

4.


TANGIBLE FIXED ASSETS





Plant and machinery
Fixtures and fittings
Total

£
£
£



Cost or valuation


Additions
798
34,250
35,048



At 31 August 2024

798
34,250
35,048



Depreciation


Charge for the period on owned assets
266
8,563
8,829



At 31 August 2024

266
8,563
8,829



Net book value



At 31 August 2024
532
25,687
26,219


5.


FIXED ASSET INVESTMENTS





Investments in subsidiary companies

£



Cost or valuation


Additions
2,342,509



At 31 August 2024
2,342,509




Page 6

 
PERTH HEALTHCARE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

6.


CREDITORS: Amounts falling due within one year

2024
£

Bank loans
149,205

Trade creditors
336,041

Amounts owed to associates
1,531,250

Other taxation and social security
19,144

Other creditors
30,000

Accruals and deferred income
10,657

2,076,297


Secured loans
The bank loan is secured by a floating charge over all property or undertakings of the company.


7.


CREDITORS: Amounts falling due after more than one year

2024
£

Bank loans
910,527

910,527


Secured loans
The bank loan is secured by a floating charge over all property or undertakings of the company.

The aggregate amount of liabilities repayable wholly or in part more than five years after the reporting date is:

2024
£


Repayable by instalments
313,701

313,701

Please provide details of the terms of payment or repayment and the rates of any interest payable on the amounts repayable more than five years after the reporting date.

Page 7

 
PERTH HEALTHCARE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

8.


SHARE CAPITAL

2024
£
Allotted, called up and fully paid


1 Ordinary share of £1.00
1


During the period 1 Ordinary share was issued to incorpoarte the company.


Page 8