| PHEMACARE LTD |
| Registered number: |
07476916 |
| Balance Sheet |
| as at 31 December 2022 |
|
| Notes |
|
|
2022 |
|
|
2021 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
27,984 |
|
|
32,302 |
| Investments |
4 |
|
|
28,800 |
|
|
- |
|
|
|
|
56,784 |
|
|
32,302 |
|
| Current assets |
| Debtors |
5 |
|
297,842 |
|
|
265,775 |
| Cash at bank and in hand |
|
|
20,989 |
|
|
44,047 |
|
|
|
318,831 |
|
|
309,822 |
|
| Creditors: amounts falling due within one year |
6 |
|
(20,557) |
|
|
(30,372) |
|
| Net current assets |
|
|
|
298,274 |
|
|
279,450 |
|
| Total assets less current liabilities |
|
|
|
355,058 |
|
|
311,752 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(118,101) |
|
|
(127,701) |
|
|
|
| Net assets |
|
|
|
236,957 |
|
|
184,051 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
236,956 |
|
|
184,050 |
|
| Shareholders' funds |
|
|
|
236,957 |
|
|
184,051 |
|
|
|
|
|
|
|
|
| The directors is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr Morenikeji Dawud |
| Director |
| Approved by the board on 23 August 2023 |
|
| PHEMACARE LTD |
| Notes to the Accounts |
| for the year ended 31 December 2022 |
|
|
| 1 |
Accounting policies |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 50 years |
|
Leasehold land and buildings |
over the lease term |
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
| 2 |
Employees |
2022 |
|
2021 |
| Number |
Number |
|
|
Average number of persons employed by the company |
80 |
|
76 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
Fixture and fitting e.t.c |
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 January 2022 |
2,600 |
|
22,723 |
|
30,500 |
|
55,823 |
|
Additions |
1,000 |
|
- |
|
- |
|
1,000 |
|
At 31 December 2022 |
3,600 |
|
22,723 |
|
30,500 |
|
56,823 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2022 |
494 |
|
13,173 |
|
9,854 |
|
23,521 |
|
Charge for the year |
311 |
|
1,910 |
|
3,097 |
|
5,318 |
|
At 31 December 2022 |
805 |
|
15,083 |
|
12,951 |
|
28,839 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2022 |
2,795 |
|
7,640 |
|
17,549 |
|
27,984 |
|
At 31 December 2021 |
2,106 |
|
9,550 |
|
20,646 |
|
32,302 |
|
|
| 4 |
Investments |
|
| Other |
| investments |
| £ |
|
Cost |
|
Additions |
28,800 |
|
|
At 31 December 2022 |
28,800 |
|
|
| 5 |
Debtors |
2022 |
|
2021 |
| £ |
£ |
|
|
Trade debtors |
297,842 |
|
265,775 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2022 |
|
2021 |
| £ |
£ |
|
|
Corporation tax |
12,437 |
|
22,956 |
|
Other creditors |
8,120 |
|
7,416 |
|
|
|
|
|
|
20,557 |
|
30,372 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2022 |
|
2021 |
| £ |
£ |
|
|
Bank loans |
118,101 |
|
127,701 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Controlling party |
|
|
The company is controlled by the director who owns 100% of the called up share capital. |
|
|
| 9 |
Other information |
|
|
PHEMACARE LTD is a private company limited by shares and incorporated in England. Its registered office is: |
|
276 Monument Road |
|
Birmingham |
|
West Midlands |
|
B16 8XF |
