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REGISTERED NUMBER: 08837750 (England and Wales)









THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023






THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED (REGISTERED NUMBER: 08837750)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTOR: O Curties





REGISTERED OFFICE: The WOW Clinic
Country View Centre
Westbourne Road
Westbourne
West Sussex
PO10 8UL





REGISTERED NUMBER: 08837750 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED (REGISTERED NUMBER: 08837750)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 9,500 19,000
Tangible assets 5 2,970 4,563
12,470 23,563

CURRENT ASSETS
Debtors 6 33,476 13,809
Cash at bank 35,489 55,064
68,965 68,873
CREDITORS
Amounts falling due within one year 7 39,433 38,696
NET CURRENT ASSETS 29,532 30,177
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,002

53,740

CREDITORS
Amounts falling due after more than one
year

8

(30,408

)

(35,209

)

PROVISIONS FOR LIABILITIES 9 (416 ) (686 )
NET ASSETS 11,178 17,845

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11,078 17,745
11,178 17,845

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

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

The director acknowledges his 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.

THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED (REGISTERED NUMBER: 08837750)

BALANCE SHEET - continued
31 JANUARY 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 18 October 2023 and were signed by:





O Curties - Director


THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED (REGISTERED NUMBER: 08837750)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

The Westbourne Osteopathic and Wellness Clinic Limited 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Financial instruments
Debtors and cash at bank: Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand includes cash on deposit or in a current account.

Creditors and provisions: Creditors and provisions are recognised where there is a present obligation resulting from a past event that will probably result in the transfer of economic benefits to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Taxation
Taxation for the year 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 balance sheet date.


THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED (REGISTERED NUMBER: 08837750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences at the balance sheet date, except as otherwise required in the paragraphs below.

Unrelieved 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.

Deferred tax shall not be recognised on permanent differences, other than a business combination where assets (other than goodwill) give rise to an deferred tax asset or liability.

Hire purchase and leasing commitments
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2022
and 31 January 2023 95,000
AMORTISATION
At 1 February 2022 76,000
Amortisation for year 9,500
At 31 January 2023 85,500
NET BOOK VALUE
At 31 January 2023 9,500
At 31 January 2022 19,000

THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED (REGISTERED NUMBER: 08837750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 February 2022 10,489 5,876 9,876 26,241
Additions - - 1,419 1,419
At 31 January 2023 10,489 5,876 11,295 27,660
DEPRECIATION
At 1 February 2022 9,599 5,876 6,203 21,678
Charge for year 586 - 2,426 3,012
At 31 January 2023 10,185 5,876 8,629 24,690
NET BOOK VALUE
At 31 January 2023 304 - 2,666 2,970
At 31 January 2022 890 - 3,673 4,563

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 13,265 11,388
Other debtors 20,211 2,421
33,476 13,809

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,801 4,801
Trade creditors 1,629 454
Taxation and social security 5,343 7,344
Other creditors 27,660 26,097
39,433 38,696

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 30,408 35,209

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr 11,203 16,004

THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED (REGISTERED NUMBER: 08837750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 416 686

Deferred
tax
£   
Balance at 1 February 2022 686
accelerated capital allowances (270 )
Balance at 31 January 2023 416

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2023 and 31 January 2022:

2023 2022
£    £   
O Curties
Balance outstanding at start of year - -
Amounts advanced 14,892 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,892 -