P K Patel Limited - Accounts to registrar (filleted) - small 18.2

P K Patel Limited - Accounts to registrar (filleted) - small 18.2

P K PATEL LIMITED - Company Information

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REGISTERED NUMBER: 06557231 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2020

FOR

P K PATEL LIMITED
P K PATEL LIMITED (REGISTERED NUMBER: 06557231)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2020










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P K PATEL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2020







DIRECTORS: Dr P K Patel
Mrs K P Patel





SECRETARY: Mrs K P Patel





REGISTERED OFFICE: 1 Poplars Court
Lenton Lane
Nottingham
NG7 2RR





REGISTERED NUMBER: 06557231 (England and Wales)





ACCOUNTANTS: Seagrave French LLP
1 Poplars Court
Lenton Lane
Nottingham
NG7 2RR
Page 1
P K PATEL LIMITED (REGISTERED NUMBER: 06557231)

BALANCE SHEET
30 APRIL 2020

2020 2019
Notes £    £   
CURRENT ASSETS
Debtors 5 146,194 271,781

CREDITORS
Amounts falling due within one year 6 14,910 37,742
NET CURRENT ASSETS 131,284 234,039
TOTAL ASSETS LESS CURRENT LIABILITIES 131,284 234,039

CAPITAL AND RESERVES
Called up share capital 1,001 1,001
Retained earnings 130,283 233,038
SHAREHOLDERS' FUNDS 131,284 234,039

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2020 in accordance with Section 476 of the Companies Act 2006.

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 notes form part of these financial statements

Page 2 continued...
P K PATEL LIMITED (REGISTERED NUMBER: 06557231)

BALANCE SHEET - continued
30 APRIL 2020


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2020 and were
signed on its behalf by:




Dr P K Patel - Director



Mrs K P Patel - Director


The notes form part of these financial statements

Page 3
P K PATEL LIMITED (REGISTERED NUMBER: 06557231)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2020


1. STATUTORY INFORMATION

P K Patel Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the company's share of net profit.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2019
and 30 April 2020 350,000
AMORTISATION
At 1 May 2019
and 30 April 2020 350,000
NET BOOK VALUE
At 30 April 2020 -
At 30 April 2019 -

Page 4 continued...
P K PATEL LIMITED (REGISTERED NUMBER: 06557231)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2020


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Other debtors 146,194 271,781

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Tax 14,483 37,135
Directors' current accounts 427 607
14,910 37,742

7. RELATED PARTY DISCLOSURES

Other debtors includes a balance of £146,194 (2019 - £271,781) due from Hillary Street Dental Surgery, an
unincorporated partnership business in which the company and the director, Dr P K Patel, are partners.

8. ULTIMATE CONTROLLING PARTY

The controlling party is Dr P K Patel.

Page 5