1 January 2021 false No description of principal activity Taxfiler 2022.8.3 7474519business:PrivateLimitedCompanyLtd2021-01-012021-12-31 74745192020-12-31 74745192021-01-012021-12-31 7474519business:AuditExempt-NoAccountantsReport2021-01-012021-12-31 7474519business:FullAccounts2021-01-012021-12-31 74745192021-12-31 7474519business:Director12021-01-012021-12-31 7474519business:Director22021-01-012021-12-31 7474519business:RegisteredOffice2021-01-012021-12-31 74745192020-12-31 7474519core:WithinOneYear2021-12-31 7474519core:WithinOneYear2020-12-31 7474519core:ShareCapital2021-12-31 7474519core:ShareCapital2020-12-31 7474519core:RetainedEarningsAccumulatedLosses2021-12-31 7474519core:RetainedEarningsAccumulatedLosses2020-12-31 7474519business:SmallEntities2021-01-012021-12-31 7474519countries:EnglandWales2021-01-012021-12-31 7474519core:PlantMachinery2021-01-012021-12-31 7474519core:MotorVehicles2021-01-012021-12-31 7474519core:Goodwill2020-12-31 7474519core:Goodwill2021-12-31 7474519core:Goodwill2021-01-012021-12-31 7474519core:PlantMachinery2020-12-31 7474519core:MotorVehicles2020-12-31 7474519core:PlantMachinery2021-12-31 7474519core:MotorVehicles2021-12-31 7474519business:OrdinaryShareClass12021-01-012021-12-31 7474519business:OrdinaryShareClass12020-01-012020-12-31 7474519business:Director112021-01-012021-12-31 7474519business:Director112020-12-31 7474519business:Director112021-12-31 7474519business:Director222021-01-012021-12-31 7474519business:Director222020-12-31 7474519business:Director222021-12-31 74745192020-01-012020-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 7474519 (England and Wales)
The Physio (Surrey) Limited Unaudited accounts for the year ended 31 December 2021
The Physio (Surrey) Limited Unaudited accounts Contents
Page
- 2 -
The Physio (Surrey) Limited Company Information for the year ended 31 December 2021
Directors
David J. Hughes Janice E. Hughes
Company Number
7474519 (England and Wales)
Registered Office
46 Watchetts Drive Camberley Surrey GU15 2PQ United Kingdom
Accountants
Ashley & Co. Chartered Certified Accountants 38 Wey House 15 Church Street Weybridge Surrey KT13 8NA
- 3 -
The Physio (Surrey) Limited Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Intangible assets
25,390 
27,275 
Tangible assets
8,929 
14,554 
34,319 
41,829 
Current assets
Debtors
2,062 
1,411 
Cash at bank and in hand
2,223 
3,064 
4,285 
4,475 
Creditors: amounts falling due within one year
11,468 
(5,075)
Net current assets/(liabilities)
15,753 
(600)
Net assets
50,072 
41,229 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
49,872 
41,029 
Shareholders' funds
50,072 
41,229 
For the year ending 31 December 2021 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 13 September 2022 and were signed on its behalf by
David J. Hughes Director Company Registration No. 7474519
- 4 -
The Physio (Surrey) Limited Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
The Physio (Surrey) Limited is a private company, limited by shares, registered in England and Wales, registration number 7474519. The registered office is 46 Watchetts Drive, Camberley, Surrey, GU15 2PQ, United Kingdom.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Principal Activities
The main activity of the company is the provision of physiotherapy services and sale of medical equipment.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Straight Line
Motor vehicles
15% Straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
- 5 -
The Physio (Surrey) Limited Notes to the Accounts for the year ended 31 December 2021
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2021
47,118 
At 31 December 2021
47,118 
Amortisation
At 1 January 2021
19,843 
Charge for the year
1,885 
At 31 December 2021
21,728 
Net book value
At 31 December 2021
25,390 
At 31 December 2020
27,275 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2021
6,941 
37,500 
44,441 
At 31 December 2021
6,941 
37,500 
44,441 
Depreciation
At 1 January 2021
6,941 
22,946 
29,887 
Charge for the year
- 
5,625 
5,625 
At 31 December 2021
6,941 
28,571 
35,512 
Net book value
At 31 December 2021
- 
8,929 
8,929 
At 31 December 2020
- 
14,554 
14,554 
6
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
- 
1,411 
Other debtors
2,062 
- 
2,062 
1,411 
7
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Taxes and social security
8,320 
3,854 
Loans from directors
(19,788)
1,221 
(11,468)
5,075 
- 6 -
The Physio (Surrey) Limited Notes to the Accounts for the year ended 31 December 2021
8
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200 
200 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
David J. Hughes
Advance on Expenses
- 
9,894 
- 
9,894 
Janice E. Hughes
Advance on Expenses
- 
9,894 
- 
9,894 
- 
19,788 
- 
19,788 
10
Average number of employees
During the year the average number of employees was 2 (2020: 2).
- 7 -