GARY PARKER HEARING CARE LTD

GARY PARKER HEARING CARE LTD - Company Information

2022-03-012023-02-282023-02-28false10006116GARY PARKER HEARING CARE LTD2023-09-1847741iso4217:GBPxbrli:pure100061162022-03-01100061162023-02-28100061162022-03-012023-02-28100061162021-03-01100061162022-02-28100061162021-03-012022-02-2810006116bus:SmallEntities2022-03-012023-02-2810006116bus:AuditExempt-NoAccountantsReport2022-03-012023-02-2810006116bus:FullAccounts2022-03-012023-02-2810006116bus:PrivateLimitedCompanyLtd2022-03-012023-02-2810006116core:WithinOneYear2023-02-2810006116core:AfterOneYear2023-02-2810006116core:WithinOneYear2022-02-2810006116core:AfterOneYear2022-02-2810006116core:ShareCapital2023-02-2810006116core:SharePremium2023-02-2810006116core:RevaluationReserve2023-02-2810006116core:OtherReservesSubtotal2023-02-2810006116core:RetainedEarningsAccumulatedLosses2023-02-2810006116core:ShareCapital2022-02-2810006116core:SharePremium2022-02-2810006116core:RevaluationReserve2022-02-2810006116core:OtherReservesSubtotal2022-02-2810006116core:RetainedEarningsAccumulatedLosses2022-02-2810006116core:LandBuildings2023-02-2810006116core:PlantMachinery2023-02-2810006116core:Vehicles2023-02-2810006116core:FurnitureFittings2023-02-2810006116core:OfficeEquipment2023-02-2810006116core:NetGoodwill2023-02-2810006116core:IntangibleAssetsOtherThanGoodwill2023-02-2810006116core:ListedExchangeTraded2023-02-2810006116core:UnlistedNon-exchangeTraded2023-02-2810006116core:LandBuildings2022-02-2810006116core:PlantMachinery2022-02-2810006116core:Vehicles2022-02-2810006116core:FurnitureFittings2022-02-2810006116core:OfficeEquipment2022-02-2810006116core:NetGoodwill2022-02-2810006116core:IntangibleAssetsOtherThanGoodwill2022-02-2810006116core:ListedExchangeTraded2022-02-2810006116core:UnlistedNon-exchangeTraded2022-02-2810006116core:LandBuildings2022-03-012023-02-2810006116core:PlantMachinery2022-03-012023-02-2810006116core:Vehicles2022-03-012023-02-2810006116core:FurnitureFittings2022-03-012023-02-2810006116core:OfficeEquipment2022-03-012023-02-2810006116core:NetGoodwill2022-03-012023-02-2810006116core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2810006116core:ListedExchangeTraded2022-03-012023-02-2810006116core:UnlistedNon-exchangeTraded2022-03-012023-02-2810006116core:MoreThanFiveYears2022-03-012023-02-2810006116core:Non-currentFinancialInstruments2023-02-2810006116core:Non-currentFinancialInstruments2022-02-2810006116dpl:CostSales2022-03-012023-02-2810006116dpl:DistributionCosts2022-03-012023-02-2810006116dpl:AdministrativeExpenses2022-03-012023-02-2810006116core:LandBuildings2022-03-012023-02-2810006116core:PlantMachinery2022-03-012023-02-2810006116core:Vehicles2022-03-012023-02-2810006116core:FurnitureFittings2022-03-012023-02-2810006116core:OfficeEquipment2022-03-012023-02-2810006116core:NetGoodwill2022-03-012023-02-2810006116core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2810006116dpl:GroupUndertakings2022-03-012023-02-2810006116dpl:ParticipatingInterests2022-03-012023-02-2810006116dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2810006116core:ListedExchangeTraded2022-03-012023-02-2810006116dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2810006116core:UnlistedNon-exchangeTraded2022-03-012023-02-2810006116dpl:CostSales2021-03-012022-02-2810006116dpl:DistributionCosts2021-03-012022-02-2810006116dpl:AdministrativeExpenses2021-03-012022-02-2810006116core:LandBuildings2021-03-012022-02-2810006116core:PlantMachinery2021-03-012022-02-2810006116core:Vehicles2021-03-012022-02-2810006116core:FurnitureFittings2021-03-012022-02-2810006116core:OfficeEquipment2021-03-012022-02-2810006116core:NetGoodwill2021-03-012022-02-2810006116core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2810006116dpl:GroupUndertakings2021-03-012022-02-2810006116dpl:ParticipatingInterests2021-03-012022-02-2810006116dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-02-2810006116core:ListedExchangeTraded2021-03-012022-02-2810006116dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-02-2810006116core:UnlistedNon-exchangeTraded2021-03-012022-02-2810006116core:NetGoodwill2023-02-2810006116core:IntangibleAssetsOtherThanGoodwill2023-02-2810006116core:LandBuildings2023-02-2810006116core:PlantMachinery2023-02-2810006116core:Vehicles2023-02-2810006116core:FurnitureFittings2023-02-2810006116core:OfficeEquipment2023-02-2810006116core:AfterOneYear2023-02-2810006116core:WithinOneYear2023-02-2810006116core:ListedExchangeTraded2023-02-2810006116core:UnlistedNon-exchangeTraded2023-02-2810006116core:ShareCapital2023-02-2810006116core:SharePremium2023-02-2810006116core:RevaluationReserve2023-02-2810006116core:OtherReservesSubtotal2023-02-2810006116core:RetainedEarningsAccumulatedLosses2023-02-2810006116core:NetGoodwill2022-02-2810006116core:IntangibleAssetsOtherThanGoodwill2022-02-2810006116core:LandBuildings2022-02-2810006116core:PlantMachinery2022-02-2810006116core:Vehicles2022-02-2810006116core:FurnitureFittings2022-02-2810006116core:OfficeEquipment2022-02-2810006116core:AfterOneYear2022-02-2810006116core:WithinOneYear2022-02-2810006116core:ListedExc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Registered Number
10006116
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2023

GARY PARKER HEARING CARE LTD

Company Information
for the year from 1 March 2022 to 28 February 2023


Director	Gary Lee Parker


Registered Address	Yatton House 108 Mannamead Road
	Mannamead
	Plymouth
	PL3 5QH


Registered Number	10006116 (England and Wales)

GARY PARKER HEARING CARE LTD

Balance Sheet as at
28 February 2023

	Notes	2023		2022
		£	£	£	£
Fixed assets
Tangible assets	5		1,258		933
			1,258		933
Current assets
Stocks	7	1,200		-
Debtors	8	31,605		27,000
Cash at bank and on hand		237,442		242,923
		270,247		269,923
Creditors amounts falling due within one year	9	(72,886)		(78,413)
Net current assets (liabilities)			197,361		191,510
Total assets less current liabilities			198,619		192,443
Provisions for liabilities	10		(314)		(177)
Net assets			198,305		192,266
Capital and reserves
Called up share capital			101		101
Profit and loss account			198,204		192,165
Shareholders' funds			198,305		192,266

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Director on 18 September 2023, and are signed on its behalf by:

Gary Lee Parker
Director
Registered Company No. 10006116

GARY PARKER HEARING CARE LTD

Notes to the Financial Statements
for the year ended 28 February 2023

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Accounting policies

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Fixtures and fittings	15	-
Office Equipment	-	3

	Stocks policy
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Revenue recognition policy
	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.

Revenue recognition policy

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.

	Deferred tax policy
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax policy

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Employee benefits policy
	Contributions to defined contribution plans are expensed in the period to which they relate.

4.	Employee information


		2023		2022
	Average number of employees during the year	1		1

5.	Property, plant and equipment

	Fixtures & fittings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 March 22	1,870	2,558	4,428
Additions	-	465	465
At 28 February 23	1,870	3,023	4,893
Depreciation and impairment
At 01 March 22	937	2,558	3,495
Charge for year	140	-	140
At 28 February 23	1,077	2,558	3,635
Net book value
At 28 February 23	793	465	1,258
At 28 February 22	933	-	933

6.	Description of nature of transactions and balances with related parties
	The company owed the director Gary Parker £53,622 as at 28th February 2023 (2022 - £36,447)

7.	Stocks

	2023	2022
	£	£
Other stocks	1,200	-
Total	1,200	-

8.	Debtors

	2023	2022
	£	£
Trade debtors / trade receivables	28,548	26,665
Other debtors	3,057	335
Total	31,605	27,000

9.	Creditors within one year

	2023	2022
	£	£
Trade creditors / trade payables	-	23,742
Taxation and social security	10,957	11,732
Other creditors	61,929	42,939
Total	72,886	78,413

10.	Provisions for liabilities

	2023	2022
	£	£
Net deferred tax liability (asset)	314	177
Total	314	177