REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 March 2022 |
for |
Wellbeing Clinics (UK) Limited |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 March 2022 |
for |
Wellbeing Clinics (UK) Limited |
Wellbeing Clinics (UK) Limited (Registered number: 03895190) |
Contents of the Financial Statements |
for the Year Ended 31 March 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Wellbeing Clinics (UK) Limited |
Company Information |
for the Year Ended 31 March 2022 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
The Mills |
Canal Street |
Derby |
DE1 2RJ |
Wellbeing Clinics (UK) Limited (Registered number: 03895190) |
Balance Sheet |
31 March 2022 |
2022 | 2021 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
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 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | 9 | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
Wellbeing Clinics (UK) Limited (Registered number: 03895190) |
Balance Sheet - continued |
31 March 2022 |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Wellbeing Clinics (UK) Limited (Registered number: 03895190) |
Notes to the Financial Statements |
for the Year Ended 31 March 2022 |
1. | STATUTORY INFORMATION |
Wellbeing Clinics (UK) Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents the amounts derived from the provision of goods and services to customers during the year. Turnover is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the company will receive the agreed upon payment. |
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 | - 25% on reducing balance |
Computer equipment | - 33% on cost |
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. |
Deferred taxation |
Provision is made at current rates for taxation deferred in respect of all material timing differences. |
Grants |
Revenue grants are recognised in the profit and loss so as to match with the expenditure to which they are intended to contribute. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Wellbeing Clinics (UK) Limited (Registered number: 03895190) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2022 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
At 1 April 2021 |
Additions |
At 31 March 2022 |
DEPRECIATION |
At 1 April 2021 |
Charge for year |
At 31 March 2022 |
NET BOOK VALUE |
At 31 March 2022 |
At 31 March 2021 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Trade debtors |
Due from Wellbeing Property Limited | 145,845 | 129,021 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Bank loans and overdrafts |
Tax |
Social security and other taxes |
Other creditors |
Directors' current accounts | 36,516 | 40,621 |
Accruals and deferred income |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2022 | 2021 |
£ | £ |
Bank loans - 1-5 years |
Bank loans - over 5 years |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans - over 5 years | - | 5,000 |
Wellbeing Clinics (UK) Limited (Registered number: 03895190) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2022 |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
2022 | 2021 |
£ | £ |
Bank loans | 78,091 | 102,452 |
Bank loans are personally indemnified by the directors. |
9. | PROVISIONS FOR LIABILITIES |
2022 | 2021 |
£ | £ |
Deferred tax |
Accelerated capital allowances | 13,000 | 16,673 |
Deferred |
tax |
£ |
Balance at 1 April 2021 |
Transfer to profit and loss | (3,673 | ) |
Balance at 31 March 2022 |