TEACH Therapy Limited 8158639 false 2021-04-06 2022-07-10 2022-07-10 The principal activity of the company is training of therapists Digita Accounts Production Advanced 6.30.9574.0 true 8158639 2021-04-06 2022-07-10 8158639 2022-07-10 8158639 bus:OrdinaryShareClass1 2022-07-10 8158639 core:CurrentFinancialInstruments core:WithinOneYear 2022-07-10 8158639 core:OtherPropertyPlantEquipment 2022-07-10 8158639 bus:SmallEntities 2021-04-06 2022-07-10 8158639 bus:AuditExemptWithAccountantsReport 2021-04-06 2022-07-10 8158639 bus:FullAccounts 2021-04-06 2022-07-10 8158639 bus:SmallCompaniesRegimeForAccounts 2021-04-06 2022-07-10 8158639 bus:RegisteredOffice 2021-04-06 2022-07-10 8158639 bus:Director1 2021-04-06 2022-07-10 8158639 bus:OrdinaryShareClass1 2021-04-06 2022-07-10 8158639 bus:PrivateLimitedCompanyLtd 2021-04-06 2022-07-10 8158639 core:OtherPropertyPlantEquipment 2021-04-06 2022-07-10 8158639 core:PlantMachinery 2021-04-06 2022-07-10 8158639 countries:AllCountries 2021-04-06 2022-07-10 8158639 2021-04-05 8158639 core:OtherPropertyPlantEquipment 2021-04-05 8158639 2020-04-06 2021-04-05 8158639 2021-04-05 8158639 bus:OrdinaryShareClass1 2021-04-05 8158639 core:CurrentFinancialInstruments core:WithinOneYear 2021-04-05 8158639 core:OtherPropertyPlantEquipment 2021-04-05 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 8158639

TEACH Therapy Limited

Annual Report and Unaudited Financial Statements

for the Period from 6 April 2021 to 10 July 2022

 

TEACH Therapy Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

TEACH Therapy Limited

Company Information

Director

Mrs Donna Victoria Thomas

Registered office

6 Grange Avenue
Wenvoe
Vale of Glamorgan
CF5 6AR

Accountants

AIMS Accountants for Business
22-24 James Street
Cardiff Bay
Cardiff
CF10 5EX

 

TEACH Therapy Limited

(Registration number: 8158639)
Balance Sheet as at 10 July 2022

Note

2022
£

2021
£

Fixed assets

 

Tangible assets

4

1,641

2,188

Current assets

 

Cash at bank and in hand

 

9,266

16,210

Creditors: Amounts falling due within one year

5

(10,525)

(14,506)

Net current (liabilities)/assets

 

(1,259)

1,704

Net assets

 

382

3,892

Capital and reserves

 

Called up share capital

6

100

100

Retained earnings

282

3,792

Shareholders' funds

 

382

3,892

For the financial period ending 10 July 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 12 August 2022
 

.........................................
Mrs Donna Victoria Thomas
Director

 

TEACH Therapy Limited

Notes to the Unaudited Financial Statements for the Period from 6 April 2021 to 10 July 2022

1

General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
6 Grange Avenue
Wenvoe
Vale of Glamorgan
CF5 6AR

These financial statements were authorised for issue by the director on 12 August 2022.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

TEACH Therapy Limited

Notes to the Unaudited Financial Statements for the Period from 6 April 2021 to 10 July 2022

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2021 - 1).

 

TEACH Therapy Limited

Notes to the Unaudited Financial Statements for the Period from 6 April 2021 to 10 July 2022

4

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

At 6 April 2021

10,836

10,836

At 10 July 2022

10,836

10,836

Depreciation

At 6 April 2021

8,648

8,648

Charge for the period

547

547

At 10 July 2022

9,195

9,195

Carrying amount

At 10 July 2022

1,641

1,641

At 5 April 2021

2,188

2,188

5

Creditors

Creditors: amounts falling due within one year

2022
£

2021
£

Due within one year

Trade creditors

8,006

-

Taxation and social security

-

1,489

Other creditors

2,519

13,017

10,525

14,506

6

Share capital

Allotted, called up and fully paid shares

 

2022

2021

 

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100