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
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
The Physio (Surrey) Limited
Statement of financial position
as at 31 December 2021
Intangible assets
25,390
27,275
Tangible assets
8,929
14,554
Cash at bank and in hand
2,223
3,064
Creditors: amounts falling due within one year
11,468
(5,075)
Net current assets/(liabilities)
15,753
(600)
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
The Physio (Surrey) Limited
Notes to the Accounts
for the year ended 31 December 2021
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.
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.
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.
The main activity of the company is the provision of physiotherapy services and sale of medical equipment.
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 (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.
The Physio (Surrey) Limited
Notes to the Accounts
for the year ended 31 December 2021
4
Intangible fixed assets
Goodwill
At 31 December 2021
47,118
At 31 December 2021
21,728
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
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
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
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
The Physio (Surrey) Limited
Notes to the Accounts
for the year ended 31 December 2021
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
200
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Advance on Expenses
-
9,894
-
9,894
Advance on Expenses
-
9,894
-
9,894
10
Average number of employees
During the year the average number of employees was 2 (2020: 2).