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REGISTERED NUMBER: 05824336 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2018

FOR

THE FOOT CLINIC (SOUTHERN) LIMITED

THE FOOT CLINIC (SOUTHERN) LIMITED (REGISTERED NUMBER: 05824336)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE FOOT CLINIC (SOUTHERN) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2018







DIRECTORS: Mr M Walbrin
Mrs P Walbrin





SECRETARY: Mrs P Walbrin





REGISTERED OFFICE: 2 Charminster Close
Waterlooville
Hampshire
PO7 7RP





REGISTERED NUMBER: 05824336 (England and Wales)





ACCOUNTANTS: Casson Beckman
Chartered Accountants
Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS

THE FOOT CLINIC (SOUTHERN) LIMITED (REGISTERED NUMBER: 05824336)

BALANCE SHEET
31 JULY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,638 9,541

CURRENT ASSETS
Stocks 9,846 11,194
Debtors 5 507 778
Cash at bank and in hand 7,375 7,088
17,728 19,060
CREDITORS
Amounts falling due within one year 6 7,618 8,132
NET CURRENT ASSETS 10,110 10,928
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,748

20,469

PROVISIONS FOR LIABILITIES 295 424
NET ASSETS 17,453 20,045

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 17,353 19,945
SHAREHOLDERS' FUNDS 17,453 20,045

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 FOOT CLINIC (SOUTHERN) LIMITED (REGISTERED NUMBER: 05824336)

BALANCE SHEET - continued
31 JULY 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 29 October 2018 and were signed on its behalf by:




Mr M Walbrin - Director



Mrs P Walbrin - Director


THE FOOT CLINIC (SOUTHERN) LIMITED (REGISTERED NUMBER: 05824336)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2018


1. STATUTORY INFORMATION

The Foot Clinic (Southern) Limited is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts receivable for shoes and accessories sold and podiatry services rendered.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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 year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 4 ) .

THE FOOT CLINIC (SOUTHERN) LIMITED (REGISTERED NUMBER: 05824336)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2018


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2017 9,885 9,048 1,499 20,432
Additions 300 - - 300
At 31 July 2018 10,185 9,048 1,499 20,732
DEPRECIATION
At 1 August 2017 7,388 2,262 1,241 10,891
Charge for year 420 1,697 86 2,203
At 31 July 2018 7,808 3,959 1,327 13,094
NET BOOK VALUE
At 31 July 2018 2,377 5,089 172 7,638
At 31 July 2017 2,497 6,786 258 9,541

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors 507 778

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors - 1,225
Tax 5,359 5,347
Director's current account 733 -
Accrued expenses 1,526 1,560
7,618 8,132

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2018 and 31 July 2017:

2018 2017
£    £   
Mr M Walbrin and Mrs P Walbrin
Balance outstanding at start of year 308 (6,139 )
Amounts advanced 60,426 57,545
Amounts repaid (61,467 ) (51,098 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (733 ) 308

THE FOOT CLINIC (SOUTHERN) LIMITED (REGISTERED NUMBER: 05824336)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2018


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Interest has been charged on the directors loan as appropriate at HMRC official rate. The loan is repayable on
demand.