Company Registration No. SC716425 (Scotland)
Precious Care Services Ltd
Unaudited accounts
for the year ended 30 November 2024
Precious Care Services Ltd
Unaudited accounts
Contents
Precious Care Services Ltd
Company Information
for the year ended 30 November 2024
Director
OLA, Gabriel Olusola
Company Number
SC716425 (Scotland)
Registered Office
My Homecare
117 Brook Street
Glasgow
Lanarkshire
G40 3AP
Scotland
Accountants
Grimsby & Company
105
Temple Hill
Dartford
Kent
DA1 5TU
Precious Care Services Ltd
Statement of financial position
as at 30 November 2024
Intangible assets
19,500
19,500
Tangible assets
37,478
32,478
Cash at bank and in hand
(322)
(14,495)
Creditors: amounts falling due within one year
(166,740)
(256,746)
Net current liabilities
(143,863)
(180,581)
Net liabilities
(86,885)
(128,603)
Called up share capital
(2)
(2)
Profit and loss account
(86,883)
(128,601)
Shareholders' funds
(86,885)
(128,603)
For the year ending 30 November 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 31 January 2025 and were signed on its behalf by
OLA, Gabriel Olusola
Director
Company Registration No. SC716425
Precious Care Services Ltd
Notes to the Accounts
for the year ended 30 November 2024
Precious Care Services Ltd is a private company, limited by shares, registered in Scotland, registration number SC716425. The registered office is My Homecare, 117 Brook Street, Glasgow, Lanarkshire, G40 3AP, Scotland.
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.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 30 November 2024
19,500
At 30 November 2024
19,500
At 30 November 2023
19,500
Precious Care Services Ltd
Notes to the Accounts
for the year ended 30 November 2024
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2023
20,000
9,348
3,130
32,478
At 30 November 2024
25,000
9,348
3,130
37,478
At 30 November 2024
-
-
-
-
At 30 November 2024
25,000
9,348
3,130
37,478
At 30 November 2023
20,000
9,348
3,130
32,478
Amounts falling due after more than one year
Trade debtors
23,199
90,660
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
22,710
24,710
Other creditors
4,063
49,336
Loans from directors
139,967
182,700
8
Average number of employees
During the year the average number of employees was 55 (2023: 13).