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Company Registration No. 10850559 (England and Wales)
PRIORY CARE SERVICES LTD Unaudited accounts for the year ended 31 July 2024
PRIORY CARE SERVICES LTD Unaudited accounts Contents
Page
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PRIORY CARE SERVICES LTD Company Information for the year ended 31 July 2024
Director
Sheikh Ul Mohammad MUHOMUD
Company Number
10850559 (England and Wales)
Registered Office
84 Foxearth Road South Croydon CR2 8EE
Accountants
VSCT Tax Consultancy Ltd Chartered Certified Accountants and Tax Advisers 406 Brighton Road South Croydon CR2 6AN
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PRIORY CARE SERVICES LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
58,925 
12,281 
Current assets
Debtors
241,831 
156,304 
Cash at bank and in hand
486,625 
323,694 
728,456 
479,998 
Creditors: amounts falling due within one year
(423,815)
(266,434)
Net current assets
304,641 
213,564 
Total assets less current liabilities
363,566 
225,845 
Creditors: amounts falling due after more than one year
(33,280)
(38,821)
Net assets
330,286 
187,024 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
330,186 
186,924 
Shareholders' funds
330,286 
187,024 
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 23 April 2024 and were signed on its behalf by
Sheikh Ul Mohammad MUHOMUD Director Company Registration No. 10850559
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PRIORY CARE SERVICES LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
PRIORY CARE SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 10850559. The registered office is 84 Foxearth Road, South Croydon, CR2 8EE.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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
25% on cost
Motor vehicles
20% on cost
Computer equipment
33% on cost
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PRIORY CARE SERVICES LTD Notes to the Accounts for the year ended 31 July 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
730 
29,690 
7,177 
37,597 
Additions
1,664 
53,294 
5,072 
60,030 
Disposals
- 
(22,690)
- 
(22,690)
At 31 July 2024
2,394 
60,294 
12,249 
74,937 
Depreciation
At 1 August 2023
641 
17,762 
6,913 
25,316 
Charge for the year
584 
6,199 
1,157 
7,940 
On disposals
- 
(17,244)
- 
(17,244)
At 31 July 2024
1,225 
6,717 
8,070 
16,012 
Net book value
At 31 July 2024
1,169 
53,577 
4,179 
58,925 
At 31 July 2023
89 
11,928 
264 
12,281 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
241,831 
138,390 
Other debtors
- 
17,914 
241,831 
156,304 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
98,838 
47,393 
Other creditors
84,874 
30,659 
Loans from directors
25,300 
34,780 
Accruals
214,803 
153,602 
423,815 
266,434 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
33,280 
38,821 
8
Average number of employees
During the year the average number of employees was 85 (2023: 40).
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