Company Registration No. 06387580 (England and Wales)
PHILIP PARKINSON HOMECARE LTD
Unaudited accounts
for the year ended 31 March 2025
PHILIP PARKINSON HOMECARE LTD
Unaudited accounts
Contents
PHILIP PARKINSON HOMECARE LTD
Company Information
for the year ended 31 March 2025
Directors
Julie Ann Parkinson
Philip Douglas Parkinson
Secretary
Julie Ann Parkinson
Company Number
06387580 (England and Wales)
Registered Office
133 New Bridge Street
Newcastle Upon Tyne
Tyne And Wear
NE1 2SW
England
Accountants
The Accountants & Management Consultants Ltd
6 Frome Drive
Crumpsall
Manchester
M8 0GA
PHILIP PARKINSON HOMECARE LTD
Statement of financial position
as at 31 March 2025
Tangible assets
28,920
11,285
Cash at bank and in hand
32,700
2,787
Creditors: amounts falling due within one year
(76,095)
(65,690)
Net current assets
309,866
335,031
Total assets less current liabilities
338,786
346,316
Creditors: amounts falling due after more than one year
(60,081)
(36,339)
Net assets
278,705
309,977
Called up share capital
100
100
Profit and loss account
278,605
309,877
Shareholders' funds
278,705
309,977
For the year ending 31 March 2025 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 18 December 2025 and were signed on its behalf by
Philip Douglas Parkinson
Director
Company Registration No. 06387580
PHILIP PARKINSON HOMECARE LTD
Notes to the Accounts
for the year ended 31 March 2025
PHILIP PARKINSON HOMECARE LTD is a private company, limited by shares, registered in England and Wales, registration number 06387580. The registered office is 133 New Bridge Street, Newcastle Upon Tyne, Tyne And Wear, NE1 2SW, 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.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
PHILIP PARKINSON HOMECARE LTD
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
40,420
11,058
824
52,302
Additions
-
-
24,054
24,054
At 31 March 2025
40,420
11,058
24,878
76,356
At 1 April 2024
30,320
10,220
477
41,017
Charge for the year
2,525
209
3,685
6,419
At 31 March 2025
32,845
10,429
4,162
47,436
At 31 March 2025
7,575
629
20,716
28,920
At 31 March 2024
10,100
838
347
11,285
Amounts falling due within one year
Trade debtors
44,125
10,345
Other debtors
94,887
175,063
Amounts falling due after more than one year
Amounts due from group undertakings etc.
214,249
-
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
9,808
9,980
Trade creditors
15,441
37,854
Taxes and social security
22,215
11,239
Other creditors
1,204
3,686
Loans from directors
25,427
931
7
Creditors: amounts falling due after more than one year
2025
2024
Amounts owed to group undertakings and other participating interests
58,074
24,696
PHILIP PARKINSON HOMECARE LTD
Notes to the Accounts
for the year ended 31 March 2025
8
Average number of employees
During the year the average number of employees was 17 (2024: 17).