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REGISTERED NUMBER: 13995199 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 22 MARCH 2022 TO 31 MARCH 2023

FOR

PHYSIO RESOLUTIONS LTD

PHYSIO RESOLUTIONS LTD (REGISTERED NUMBER: 13995199)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 22 MARCH 2022 TO 31 MARCH 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


PHYSIO RESOLUTIONS LTD

COMPANY INFORMATION
FOR THE PERIOD 22 MARCH 2022 TO 31 MARCH 2023







DIRECTOR: Mrs R L Robertson





REGISTERED OFFICE: 21 Market Place
Dereham
Norfolk
NR19 2AX





REGISTERED NUMBER: 13995199 (England and Wales)





ACCOUNTANTS: Farnell Clarke Limited
Evolution House
Delft Way
Norwich Airport
Norwich
Norfolk
NR6 6BB

PHYSIO RESOLUTIONS LTD (REGISTERED NUMBER: 13995199)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 28,678

CURRENT ASSETS
Debtors 5 1,815
Cash at bank 15,616
17,431
CREDITORS
Amounts falling due within one year 6 12,036
NET CURRENT ASSETS 5,395
TOTAL ASSETS LESS CURRENT LIABILITIES 34,073

CREDITORS
Amounts falling due after more than one year 7 (2,797 )

PROVISIONS FOR LIABILITIES (4,003 )
NET ASSETS 27,273

CAPITAL AND RESERVES
Called up share capital 8 100
Retained earnings 27,173
SHAREHOLDERS' FUNDS 27,273

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

PHYSIO RESOLUTIONS LTD (REGISTERED NUMBER: 13995199)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 October 2023 and were signed by:





Mrs R L Robertson - Director


PHYSIO RESOLUTIONS LTD (REGISTERED NUMBER: 13995199)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 22 MARCH 2022 TO 31 MARCH 2023

1. STATUTORY INFORMATION

Physio Resolutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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.

PHYSIO RESOLUTIONS LTD (REGISTERED NUMBER: 13995199)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 22 MARCH 2022 TO 31 MARCH 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
Additions 31,258 480 1,869 33,607
At 31 March 2023 31,258 480 1,869 33,607
DEPRECIATION
Charge for period 4,490 96 343 4,929
At 31 March 2023 4,490 96 343 4,929
NET BOOK VALUE
At 31 March 2023 26,768 384 1,526 28,678

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
Additions 18,000
At 31 March 2023 18,000
DEPRECIATION
Charge for period 3,000
At 31 March 2023 3,000
NET BOOK VALUE
At 31 March 2023 15,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 1,815

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Hire purchase contracts 2,981
Corporation tax 4,472
Directors' current accounts 3,503
Accrued expenses 1,080
12,036

PHYSIO RESOLUTIONS LTD (REGISTERED NUMBER: 13995199)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 22 MARCH 2022 TO 31 MARCH 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Hire purchase contracts 2,797

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .