REGISTERED NUMBER: |
INSTANT E-CARE LTD |
FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST SEPTEMBER 2021 TO 31ST JULY 2022 |
REGISTERED NUMBER: |
INSTANT E-CARE LTD |
FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST SEPTEMBER 2021 TO 31ST JULY 2022 |
INSTANT E-CARE LTD (REGISTERED NUMBER: 09193760) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST SEPTEMBER 2021 TO 31ST JULY 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
INSTANT E-CARE LTD |
COMPANY INFORMATION |
FOR THE PERIOD 1ST SEPTEMBER 2021 TO 31ST JULY 2022 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Pembroke House |
Llantarnam Park Way |
Cwmbran |
Torfaen |
NP44 3AU |
INSTANT E-CARE LTD (REGISTERED NUMBER: 09193760) |
BALANCE SHEET |
31ST JULY 2022 |
2022 | 2021 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
INSTANT E-CARE LTD (REGISTERED NUMBER: 09193760) |
BALANCE SHEET - continued |
31ST JULY 2022 |
2022 | 2021 |
Notes | £ | £ | £ | £ |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Share premium |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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 financial statements were approved by the director and authorised for issue on |
INSTANT E-CARE LTD (REGISTERED NUMBER: 09193760) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST SEPTEMBER 2021 TO 31ST JULY 2022 |
1. | STATUTORY INFORMATION |
Instant E-Care Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
INSTANT E-CARE LTD (REGISTERED NUMBER: 09193760) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1ST SEPTEMBER 2021 TO 31ST JULY 2022 |
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
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. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Plant and | and | Computer |
machinery | fittings | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1st September 2021 |
and 31st July 2022 |
DEPRECIATION |
At 1st September 2021 |
Charge for period |
At 31st July 2022 |
NET BOOK VALUE |
At 31st July 2022 |
At 31st August 2021 |
INSTANT E-CARE LTD (REGISTERED NUMBER: 09193760) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1ST SEPTEMBER 2021 TO 31ST JULY 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Other debtors |
Inter company account |
Employee loan account |
Directors' current accounts |
VAT |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Social security and other taxes |
Other creditors |
Accruals and deferred income |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2022 | 2021 |
£ | £ |
Bank loans - 1-2 years |
Bank loans - 2-5 years |
Bank loans more 5 yr by instal |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | - | 3,333 |
8. | CALLED UP SHARE CAPITAL |
Allotted and issued: |
Number: | Class: | Nominal | 2022 | 2021 |
value: | £ | £ |
Ordinary. | 0.1p | 16 | 16 |
INSTANT E-CARE LTD (REGISTERED NUMBER: 09193760) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1ST SEPTEMBER 2021 TO 31ST JULY 2022 |
9. | RELATED PARTY DISCLOSURES |
At the year end the company had an outstanding directors loan due from S Hoque of £7,189 (2021: £1,784). |
At the year end the company had an outstanding employee loan debtor due from M Khatun of £4,041 (2021: £292). |