Pavenham Health Ltd Filleted accounts for Companies House (small and micro)

PAVENHAM HEALTH LTD - Company Information

0 false false false false false false false false false true false false false false false false No description of principal activity 2021-07-01 Sage Accounts Production Advanced 2021 - FRS102_2021 9,578 3,860 2,395 6,255 3,323 5,718 xbrli:pure xbrli:shares iso4217:GBP 11423078 2021-07-01 2022-06-30 11423078 2022-06-30 11423078 2021-06-30 11423078 2021-06-30 11423078 core:FurnitureFittings 2021-07-01 2022-06-30 11423078 bus:Director2 2021-07-01 2022-06-30 11423078 core:FurnitureFittings 2021-06-30 11423078 core:FurnitureFittings 2022-06-30 11423078 core:WithinOneYear 2022-06-30 11423078 core:WithinOneYear 2021-06-30 11423078 core:ShareCapital 2022-06-30 11423078 core:ShareCapital 2021-06-30 11423078 core:RetainedEarningsAccumulatedLosses 2022-06-30 11423078 core:RetainedEarningsAccumulatedLosses 2021-06-30 11423078 core:FurnitureFittings 2021-06-30 11423078 bus:SmallEntities 2021-07-01 2022-06-30 11423078 bus:AuditExemptWithAccountantsReport 2021-07-01 2022-06-30 11423078 bus:FullAccounts 2021-07-01 2022-06-30 11423078 bus:SmallCompaniesRegimeForAccounts 2021-07-01 2022-06-30 11423078 bus:PrivateLimitedCompanyLtd 2021-07-01 2022-06-30

COMPANY REGISTRATION NUMBER: 11423078

Pavenham Health Ltd

Filleted Unaudited Financial Statements

30 June 2022

Pavenham Health Ltd

Statement of Financial Position

30 June 2022

	2022		2021
Note	£	£	£

Fixed assets

Tangible assets	4		3,323	5,718

Current assets

Debtors	5	4,481	–
Cash at bank and in hand		54	14
		-------	----
		4,535	14

Creditors: amounts falling due within one year	6	6,377		4,001
		-------		-------
Net current liabilities			1,842	3,987
			-------	-------
Total assets less current liabilities			1,481	1,731

Provisions

Taxation including deferred tax	631	1,086
	-------	-------
Net assets	850	645
	-------	-------

Pavenham Health Ltd

Statement of Financial Position (continued)

30 June 2022

	2022		2021
Note	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	750	545
	----	----
Shareholders funds	850	645
	----	----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 June 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 6 February 2023 , and are signed on behalf of the board by:

Mrs C Noakes

Director

Company registration number: 11423078

Pavenham Health Ltd

Notes to the Financial Statements

Year ended 30 June 2022

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 40 Kimbolton Road, Bedford, MK402NR, Beds.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered.

Deferred taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures & Fittings	-	25% reducing balance

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of it's liabilities .

4. Tangible assets

	Fixtures and fittings	Total
	£	£
Cost
At 1 July 2021 and 30 June 2022	9,578	9,578
	-------	-------
Depreciation
At 1 July 2021	3,860	3,860
Charge for the year	2,395	2,395
	-------	-------
At 30 June 2022	6,255	6,255
	-------	-------
Carrying amount
At 30 June 2022	3,323	3,323
	-------	-------
At 30 June 2021	5,718	5,718
	-------	-------

5. Debtors

	2022	2021
	£	£
Other debtors	4,481	–
	-------	----

6. Creditors: amounts falling due within one year

	2022	2021
	£	£
Corporation tax	5,429	2,742
Other creditors	948	1,259
	-------	-------
	6,377	4,001
	-------	-------