Practice Solutions Limited in Mountain Ash, CF45 4SN

Description

Data updated on: 01-11-2023

Practice Solutions Limited may be gotten hold of in Ty Antur Navigation Park, Abercynon in Mountain Ash. Its zip code is CF45 4SN. Practice Solutions has existed in this business since the firm was set up on 2000-01-17. Its Companies House Registration Number is 03907817. The firm's declared SIC number is 88990 and has the NACE code: Other social work activities without accommodation n.e.c.. The business most recent financial reports describe the period up to 2023-03-31 and the latest confirmation statement was submitted on 2022-12-02.

Having two recruitment announcements since 15th July 2014, the enterprise has been active on the labour market. On 14th July 2017, it started recruiting new workers for a part time Communications & Engagement Officer position in Mountain Ash, and on 15th July 2014, for the vacant position of a part time Project Co-ordinator in Mountain Ash.

We have a group of two directors managing this particular firm at present, specifically Sarah D. and Gabriel C. who have been carrying out the directors obligations since November 2015. In order to find professional help with legal documentation, this specific firm has been utilizing the skills of Fiona C. as a secretary since January 2000.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-01-31	2015-01-31	2016-01-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	49 712	102 512	102 561

Balance Sheet
Cash Bank On Hand			118 357	77 364	50 190	83 649	35 359	126 520	258 281	287 329
Current Assets	120 019	192 233	220 521	177 661	234 786	220 194	139 918	204 244	459 466	607 330
Debtors	51 882	32 364	37 543	65 297	165 096	117 045	92 059	65 224	186 685	305 501
Net Assets Liabilities			102 561	89 867	59 692	51 721	-361	-12 341	95 399	177 798
Other Debtors				554	-30 115	-29 378		-28 174	2 185	701
Property Plant Equipment			10 978	40 750	33 262	27 640	44 553	39 932	32 235	25 789
Total Inventories			57 120	27 500	12 000	12 000	5 000	5 000	7 000	7 000
Cash Bank In Hand	54 337	84 009	118 358
Net Assets Liabilities Including Pension Asset Liability	49 712	102 512	102 561
Stocks Inventory	6 300	68 360	57 120
Tangible Fixed Assets	11 444	13 721	10 976

Capital & Reserves
Called Up Share Capital	134	134	134
Profit Loss Account Reserve	49 578	102 378	102 427
Shareholder Funds	49 712	102 512	102 561

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment			85 378	97 322	111 363	112 471	100 957	110 729	118 779	125 225
Additions Other Than Through Business Combinations Property Plant Equipment				41 716	828	1 211	41 448	5 054	450
Amounts Owed To Related Parties			5 391	16 651	17 146	17 597	27 182	32 362
Average Number Employees During Period			14	15	22	21	21	14	12	16
Bank Borrowings			3 192	3 347			24 221	70 630	57 172	48 049
Creditors			3 192	23 307	19 803	16 298	21 955	89 196	72 349	59 837
Current Asset Investments	7 500	7 500	7 500	7 500	7 500	7 500	7 500	7 500	7 500	7 500
Depreciation Expense Property Plant Equipment				11 944	8 315	6 834	6 692	9 676	8 146	6 447
Disposals Decrease In Depreciation Impairment Property Plant Equipment							-18 207
Disposals Property Plant Equipment							-36 049
Finance Lease Liabilities Present Value Total				23 307	19 803	16 298	21 955	18 566	15 177	11 788
Increase From Depreciation Charge For Year Property Plant Equipment				11 944	8 315	1 108	6 693	9 675	8 050	6 446
Net Current Assets Liabilities	47 574	95 678	94 778	72 424	46 233	40 379	-22 959	36 923	141 068	211 846
Nominal Value Allotted Share Capital									135	135
Number Shares Issued Fully Paid									135	135
Other Creditors			42 377	24 416	24 842	25 913	9 582	20 874
Other Current Asset Investments Balance Sheet Subtotal			7 500	7 500	7 500	7 500	7 500	7 500	7 500	7 500
Par Value Share		1	1							1
Prepayments					549				249	190
Property Plant Equipment Gross Cost			96 356	138 072	138 900	140 111	145 510	150 564	151 014	151 014
Taxation Social Security Payable			13 258	21 334	66 859	46 666	38 205	60 795	85 998	101 484
Total Assets Less Current Liabilities	59 018	109 399	105 754	113 174	79 495	68 019	21 594	76 855	173 303	237 635
Total Borrowings			3 192	23 307	19 803	16 298	21 955	89 196	77 904	59 837
Trade Creditors Trade Payables			60 038	39 488	79 706	89 639	60 298	45 084	76 447	141 290
Trade Debtors Trade Receivables			37 542	64 743	194 662	146 423	92 059	93 398	184 251
Work In Progress			57 120	27 500	12 000	12 000	5 000	5 000	7 000	7 000
Amount Specific Advance Or Credit Directors			5 391	16 651	-17 146	-17 597	-27 182	-1 560	-2 184	701
Amount Specific Advance Or Credit Made In Period Directors			53	11 260	495					2 885
Amount Specific Advance Or Credit Repaid In Period Directors					-495	-451
Creditors Due After One Year	9 306	6 887	3 193
Creditors Due Within One Year	72 445	96 555	125 743
Fixed Assets	11 444	13 721	10 976
Number Shares Allotted		10	134
Share Capital Allotted Called Up Paid	10	10
Tangible Fixed Assets Additions		5 708
Tangible Fixed Assets Cost Or Valuation	90 647	96 355
Tangible Fixed Assets Depreciation	79 203	82 634
Tangible Fixed Assets Depreciation Charged In Period		3 431
Value Shares Allotted		134	134