Company Registration No. SC692494 (Scotland)
Arctic Therapy Limited
Unaudited accounts
for the year ended 31 March 2022
Arctic Therapy Limited
Unaudited accounts
Contents
Arctic Therapy Limited
Company Information
for the year ended 31 March 2022
Directors
William Joseph Dineen
Ingrid Maria Lien Omma
Company Number
SC692494 (Scotland)
Registered Office
Unit 1 Devon Park Mills
Alexandra Street, Devonside
Tillicoultry
Clackmannanshire
FK13 6HP
Scotland
Accountants
Caldwell Accountancy Services
Alloa Business Centre
Whins Road
Alloa
Clackmannanshire
FK10 3SA
Arctic Therapy Limited
Statement of financial position
as at 31 March 2022
Cash at bank and in hand
5,310
Creditors: amounts falling due within one year
(2,700)
Total assets less current liabilities
3,572
Provisions for liabilities
Profit and loss account
3,405
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2022 and were signed on its behalf by
Ingrid Maria Lien Omma
Director
Company Registration No. SC692494
Arctic Therapy Limited
Notes to the Accounts
for the year ended 31 March 2022
Arctic Therapy Limited is a private company, limited by shares, registered in Scotland, registration number SC692494. The registered office is Unit 1 Devon Park Mills, Alexandra Street, Devonside, Tillicoultry, Clackmannanshire, FK13 6HP, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Arctic Therapy Limited
Notes to the Accounts
for the year ended 31 March 2022
5
Creditors: amounts falling due within one year
2022
Taxes and social security
1,402
6
Average number of employees
During the year the average number of employees was 3.