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REGISTERED NUMBER: 08557750 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Peace of Mind Healthcare Ltd

Peace of Mind Healthcare Ltd (Registered number: 08557750)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Peace of Mind Healthcare Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs L Merrick-Wren
A D Woodley-Milburn





REGISTERED OFFICE: Barley House
49 Buckland Road
Taunton
Somerset
TA2 8EW





REGISTERED NUMBER: 08557750 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

Peace of Mind Healthcare Ltd (Registered number: 08557750)

Statement of Financial Position
30 June 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 5 467,883 490,642

CURRENT ASSETS
Debtors 6 109,606 953
Cash at bank and in hand 10,918 11,617
120,524 12,570
CREDITORS
Amounts falling due within one year 7 (194,017 ) (130,479 )
NET CURRENT LIABILITIES (73,493 ) (117,909 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

394,390

372,733

CREDITORS
Amounts falling due after more than one
year

8

(229,493

)

(312,808

)

PROVISIONS FOR LIABILITIES (7,884 ) (1,522 )
NET ASSETS 157,013 58,403

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 156,913 58,303
SHAREHOLDERS' FUNDS 157,013 58,403

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

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

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 Statement of Income and Retained Earnings has not been delivered.

Peace of Mind Healthcare Ltd (Registered number: 08557750)

Statement of Financial Position - continued
30 June 2024



The financial statements were approved by the Board of Directors and authorised for issue on 10 March 2025 and were signed on its behalf by:





Mrs L Merrick-Wren - Director


Peace of Mind Healthcare Ltd (Registered number: 08557750)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Peace of Mind Healthcare 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Peace of Mind Healthcare Ltd (Registered number: 08557750)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

3. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 37 (2023 - 36 ) .

5. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 July 2023 506,879 106,375 6,719
Additions - - -
At 30 June 2024 506,879 106,375 6,719
DEPRECIATION
At 1 July 2023 81,101 64,764 5,177
Charge for year 10,137 10,588 385
At 30 June 2024 91,238 75,352 5,562
NET BOOK VALUE
At 30 June 2024 415,641 31,023 1,157
At 30 June 2023 425,778 41,611 1,542

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023 47,803 9,513 677,289
Additions 1,891 - 1,891
At 30 June 2024 49,694 9,513 679,180
DEPRECIATION
At 1 July 2023 26,092 9,513 186,647
Charge for year 3,540 - 24,650
At 30 June 2024 29,632 9,513 211,297
NET BOOK VALUE
At 30 June 2024 20,062 - 467,883
At 30 June 2023 21,711 - 490,642

Peace of Mind Healthcare Ltd (Registered number: 08557750)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 105,515 76
Directors' current accounts 3,813 823
Tax 278 54
109,606 953

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 39,306 32,058
Other loans 50,543 46,845
Tax 73,292 27,336
Social security and other taxes 19,987 17,290
Wages control 3,058 1,274
Other creditors 3,854 3,360
Directors' current accounts 1,877 306
Accrued expenses 2,100 2,010
194,017 130,479

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans - 1-2 years 28,181 26,851
Bank loans - 2-5 years 91,532 87,210
Bank loans more 5 yr by instal 73,358 112,073
Other loans - 1-2 years 36,422 50,659
Other loans - 2-5 years - 36,015
229,493 312,808

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 73,358 112,073

9. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Bank loans 220,162 251,946

The bank loan is secured on the freehold property.

Peace of Mind Healthcare Ltd (Registered number: 08557750)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
Mrs L Merrick-Wren
Balance outstanding at start of year 823 160
Amounts advanced 3,000 663
Amounts repaid (10 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,813 823

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Peace of Mind Healthcare Ltd

The following reproduces the text of the report prepared for the directors 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 Directors 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 Peace of Mind Healthcare Ltd for the year ended 30 June 2024 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position 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 Board of Directors of Peace of Mind Healthcare Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Peace of Mind Healthcare Ltd and state those matters that we have agreed to state to the Board of Directors of Peace of Mind Healthcare Ltd, as a body, 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 Peace of Mind Healthcare Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Peace of Mind Healthcare 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 Peace of Mind Healthcare Ltd. You consider that Peace of Mind Healthcare 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 Peace of Mind Healthcare 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.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


10 March 2025