Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-04-01falsePhysical well-being activities1212falsetrue 06694552 2022-04-01 2023-03-31 06694552 2021-04-01 2022-03-31 06694552 2023-03-31 06694552 2022-03-31 06694552 c:Director1 2022-04-01 2023-03-31 06694552 d:Buildings d:LongLeaseholdAssets 2022-04-01 2023-03-31 06694552 d:Buildings d:LongLeaseholdAssets 2023-03-31 06694552 d:Buildings d:LongLeaseholdAssets 2022-03-31 06694552 d:MotorVehicles 2022-04-01 2023-03-31 06694552 d:MotorVehicles 2023-03-31 06694552 d:MotorVehicles 2022-03-31 06694552 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 06694552 d:FurnitureFittings 2022-04-01 2023-03-31 06694552 d:FurnitureFittings 2023-03-31 06694552 d:FurnitureFittings 2022-03-31 06694552 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 06694552 d:OfficeEquipment 2022-04-01 2023-03-31 06694552 d:OfficeEquipment 2023-03-31 06694552 d:OfficeEquipment 2022-03-31 06694552 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 06694552 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 06694552 d:Goodwill 2023-03-31 06694552 d:Goodwill 2022-03-31 06694552 d:CurrentFinancialInstruments 2023-03-31 06694552 d:CurrentFinancialInstruments 2022-03-31 06694552 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 06694552 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 06694552 d:ShareCapital 2023-03-31 06694552 d:ShareCapital 2022-03-31 06694552 d:RetainedEarningsAccumulatedLosses 2023-03-31 06694552 d:RetainedEarningsAccumulatedLosses 2022-03-31 06694552 c:FRS102 2022-04-01 2023-03-31 06694552 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 06694552 c:FullAccounts 2022-04-01 2023-03-31 06694552 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 06694552 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 06694552 d:AcceleratedTaxDepreciationDeferredTax 2022-03-31 06694552 d:Goodwill d:OwnedIntangibleAssets 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 06694552









REFLEXIONS THE REFLEXOLOGY SHOP LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
REFLEXIONS THE REFLEXOLOGY SHOP LIMITED
REGISTERED NUMBER: 06694552

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
9,450
14,175

Tangible assets
 5 
44,085
47,811

  
53,535
61,986

Current assets
  

Debtors: amounts falling due within one year
 6 
56,914
55,813

Cash at bank and in hand
 7 
95,189
80,000

  
152,103
135,813

Creditors: amounts falling due within one year
 8 
(84,150)
(91,139)

Net current assets
  
 
 
67,953
 
 
44,674

Total assets less current liabilities
  
121,488
106,660

Provisions for liabilities
  

Deferred tax
 9 
(8,377)
(8,448)

  
 
 
(8,377)
 
 
(8,448)

Net assets
  
113,111
98,212


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
113,011
98,112

  
113,111
98,212


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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.
 
Page 1

 
REFLEXIONS THE REFLEXOLOGY SHOP LIMITED
REGISTERED NUMBER: 06694552
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023


The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M Pavlides
Director

Date: 11 October 2023

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
REFLEXIONS THE REFLEXOLOGY SHOP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Reflexions The Reflexology Shop Limited is a company limited by shares incorporated in the United Kingdom. The registered office is Ground Floor, 58a Westbourne Grove, London, W2 5SH.
The principal activity during the year continued to be that of the provision of facilities for reflexology and massage.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue represents income in respect of the provision of facilities for reflexology and massage net of value added tax and trade discounts.
Revenue is recognised in the period to which it relates.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
REFLEXIONS THE REFLEXOLOGY SHOP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

Intangible assets

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Statement of income and retained earnings over its useful economic life.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

Long-term leasehold property
-
10 years straight-line
Motor vehicles
-
15% written down value
Fixtures and fittings
-
25% written down value
Office equipment
-
25% written down value



Page 4

 
REFLEXIONS THE REFLEXOLOGY SHOP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.9

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 12 (2022 - 12).

Page 5

 
REFLEXIONS THE REFLEXOLOGY SHOP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Intangible assets




Goodwill

£



Cost


At 1 April 2022
70,000



At 31 March 2023

70,000



Amortisation


At 1 April 2022
55,825


Charge for the year on owned assets
4,725



At 31 March 2023

60,550



Net book value



At 31 March 2023
9,450



At 31 March 2022
14,175



Page 6

 
REFLEXIONS THE REFLEXOLOGY SHOP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Tangible fixed assets





Long-term leasehold property
Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 April 2022
7,322
10,000
135,381
24,171
176,874


Additions
-
1,450
175
7,840
9,465



At 31 March 2023

7,322
11,450
135,556
32,011
186,339



Depreciation


At 1 April 2022
4,656
1,500
111,713
11,194
129,063


Charge for the year on owned assets
733
1,311
5,940
5,207
13,191



At 31 March 2023

5,389
2,811
117,653
16,401
142,254



Net book value



At 31 March 2023
1,933
8,639
17,903
15,610
44,085



At 31 March 2022
2,666
8,500
23,668
12,977
47,811


6.


Debtors

2023
2022
£
£


Other debtors
26,543
26,098

Prepayments and accrued income
30,371
29,715

56,914
55,813


Page 7

 
REFLEXIONS THE REFLEXOLOGY SHOP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
95,189
80,000

95,189
80,000



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
20,325
17,451

Corporation tax
14,361
7,613

Other taxation and social security
23,557
21,154

Other creditors
11,698
30,711

Accruals and deferred income
14,209
14,210

84,150
91,139



9.


Deferred taxation




2023


£






At beginning of year
(8,448)


Charged to profit or loss
72



At end of year
(8,376)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(8,376)
(8,448)

(8,376)
(8,448)

Page 8

 
REFLEXIONS THE REFLEXOLOGY SHOP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

10.


Pension commitments

The Company operates a Defined contribution pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund amounted to £1,710 (2021 - £1,806). Contributions totalling £0 (2021 - £69) were payable to the fund at the balance sheet date and are included in creditors.

Page 9