Company Registration No. 09027014 (England and Wales)
Pulse Care Limited
Unaudited accounts
for the year ended 31 May 2024
Pulse Care Limited
Unaudited accounts
Contents
Pulse Care Limited
Company Information
for the year ended 31 May 2024
Directors
Wajeed Ali Khan Mohammad
Mudasir Bazaz
Shadab Ahmad
Company Number
09027014 (England and Wales)
Registered Office
KEMP HOUSE 152-160 CITY ROAD
LONDON
EC1V 2NX
ENGLAND
Pulse Care Limited
Statement of financial position
as at 31 May 2024
Tangible assets
6,929
8,455
Cash at bank and in hand
1,291,924
212,876
Creditors: amounts falling due within one year
(157,677)
(169,269)
Net current assets
911,952
833,415
Net assets
918,881
841,870
Called up share capital
63,304
63,304
Profit and loss account
855,577
778,566
Shareholders' funds
918,881
841,870
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2025 and were signed on its behalf by
Wajeed Ali Khan Mohammad
Director
Company Registration No. 09027014
Pulse Care Limited
Notes to the Accounts
for the year ended 31 May 2024
Pulse Care Limited is a private company, limited by shares, registered in England and Wales, registration number 09027014. The registered office is KEMP HOUSE 152-160 CITY ROAD, LONDON, EC1V 2NX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18% Reducing Balance
Fixtures & fittings
18% Reducing Balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Pulse Care Limited
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2023
1,200
23,918
25,118
At 31 May 2024
1,200
23,918
25,118
At 1 June 2023
999
15,664
16,663
Charge for the year
36
1,490
1,526
At 31 May 2024
1,035
17,154
18,189
At 31 May 2024
165
6,764
6,929
At 31 May 2023
201
8,254
8,455
Amounts falling due within one year
Trade debtors
(272,164)
728,108
Amounts falling due after more than one year
Other debtors
49,869
61,700
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
67,369
112,171
Other creditors
(9,150)
13,185
Loans from directors
64,791
43,913
Allotted, called up and fully paid:
63,304 Ordinary shares of £1 each
63,304
63,304
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Transactions with related parties
The company is controlled by Mr Wajeed Ali Khan Mohammad, Mudasir Bazaz and Shadad Ahmad, the company's Managing Director. It is confirmed that the director's current account is debited with the personal transactions and credited with the Remuneration as well as dividend.
9
Average number of employees
During the year the average number of employees was 24 (2023: 59).