Company Registration No. 07632388 (England and Wales)
PARC CARE LTD
Unaudited accounts
for the year ended 31 March 2022
PARC CARE LTD
Unaudited accounts
Contents
PARC CARE LTD
Statement of financial position
as at 31 March 2022
Tangible assets
24,577
23,677
Cash at bank and in hand
520,848
480,506
Creditors: amounts falling due within one year
(93,645)
(109,697)
Net current assets
441,798
388,659
Total assets less current liabilities
466,375
412,336
Creditors: amounts falling due after more than one year
(6,743)
(10,176)
Net assets
459,632
402,160
Called up share capital
2
2
Profit and loss account
459,630
402,158
Shareholders' funds
459,632
402,160
For the year ending 31 March 2022 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 9 September 2022 and were signed on its behalf by
N HARWOOD
Director
Company Registration No. 07632388
PARC CARE LTD
Notes to the Accounts
for the year ended 31 March 2022
PARC CARE LTD is a private company, limited by shares, registered in England and Wales, registration number 07632388. The registered office is 7 CAER STREET, SWANSEA, SA1 3PP.
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:
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2021
48,513
58,742
107,255
Additions
2,178
6,500
8,678
Disposals
-
(3,000)
(3,000)
At 31 March 2022
50,691
62,242
112,933
At 1 April 2021
43,228
40,350
83,578
Charge for the year
1,493
4,598
6,091
On disposals
-
(1,313)
(1,313)
At 31 March 2022
44,721
43,635
88,356
At 31 March 2022
5,970
18,607
24,577
At 31 March 2021
5,285
18,392
23,677
Carrying values included above held under finance leases and hire purchase contracts:
£
£
PARC CARE LTD
Notes to the Accounts
for the year ended 31 March 2022
Amounts falling due within one year
Trade debtors
14,595
17,850
6
Creditors: amounts falling due within one year
2022
2021
Obligations under finance leases and hire purchase contracts
5,871
5,871
Taxes and social security
29,974
53,138
Loans from directors
24,930
14,642
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
6,743
10,176
8
Average number of employees
During the year the average number of employees was 20 (2021: 20).
