| REGISTERED NUMBER: |
| BERKSHIRE PRIMARY CARE LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024 |
| REGISTERED NUMBER: |
| BERKSHIRE PRIMARY CARE LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024 |
| BERKSHIRE PRIMARY CARE LIMITED (REGISTERED NUMBER: 09483293) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| BERKSHIRE PRIMARY CARE LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Station House |
| North Street |
| Havant |
| Hampshire |
| PO9 1QU |
| BERKSHIRE PRIMARY CARE LIMITED (REGISTERED NUMBER: 09483293) |
| BALANCE SHEET |
| 30 MARCH 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the Board of Directors and authorised for issue on |
| BERKSHIRE PRIMARY CARE LIMITED (REGISTERED NUMBER: 09483293) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024 |
| 1. | STATUTORY INFORMATION |
| Berkshire Primary Care Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| Financial instruments |
| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties and investments in non-puttable ordinary shares. |
| Trade and other debtors |
| Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment |
| Cash and cash equivalents |
| Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities. |
| Trade and other creditors |
| Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method |
| Taxation |
| Taxation for the period 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 balance sheet date. |
| BERKSHIRE PRIMARY CARE LIMITED (REGISTERED NUMBER: 09483293) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024 |
| 2. | ACCOUNTING POLICIES - continued |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Short | and | Computer |
| leasehold | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 April 2023 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 30 March 2024 |
| DEPRECIATION |
| At 1 April 2023 |
| Charge for period |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 March 2024 |
| NET BOOK VALUE |
| At 30 March 2024 |
| At 31 March 2023 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade debtors |
| Other debtors |
| BERKSHIRE PRIMARY CARE LIMITED (REGISTERED NUMBER: 09483293) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 2024 | 2023 |
| £ | £ |
| Within one year |
| Between one and five years |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2024 | 2023 |
| value: | £ | £ |
| Ordinary A Shares of 1p each | 0.01 | 1,394 | 1,394 |
| Ordinary B Shares of £1 each | 1 | 15 | 15 |
| Ordinary C Shares of £1 each | 1 | 1 | 1 |
| 1,410 | 1,410 |
| The Ordinary A Shares carry dividend rights and the right to participate in any surplus of assets over liabilities of the company upon winding up however they do not carry any general meeting voting or attendance rights. This share class is redeemable in accordance with the articles. |
| The Ordinary B shares carry the right to attend, speak and/or vote at the general meeting however they do not carry dividend rights or the right to participate in any surplus of assets over liabilities of the company upon winding up. This share class is redeemable in accordance with the articles. |
| The Ordinary C share does not carry any rights save for the time when it is the only remaining member of the company, at which point the share shall confer the same rights as an Ordinary A share except for the fact that it is not redeemable. |
| 9. | RELATED PARTY DISCLOSURES |
| During the year the company entered into transactions with related parties being Ascot PCN and Bracknell & District PCN. At the year end the balances owing to these parties were as follows: |
| Ascot PCN £438,274 (2023: £49,829) Bracknell PCN £818,756 (2023: £22,708 owed back) |
| BERKSHIRE PRIMARY CARE LIMITED (REGISTERED NUMBER: 09483293) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024 |
| 10. | COMPANY RESERVES |
| As per the Company articles of incorporation the directors have considered whether it was appropriate to declare a dividend for the year ending 31 March 2024. However have deemed this not to be the case, as the retained earnings level to ensure the business can continue trading and has sufficient reserve to cover one years running costs has not been achieved as the retained earnings level is lower than 23/24 direct and overheads costs. |
| The cash at bank available at the financial year end was £126,990 (2023: £743,425) and so these funds are not available for distribution but instead will be used in the course of ordinary business of the Company. |