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REGISTERED NUMBER: 05399269 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

PHYSIO & HEALTH MATTERS LIMITED

PHYSIO & HEALTH MATTERS LIMITED (REGISTERED NUMBER: 05399269)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PHYSIO & HEALTH MATTERS LIMITED

COMPANY INFORMATION
for the year ended 31 March 2023







DIRECTOR: Ms K Sharma





REGISTERED OFFICE: 21D Station Road
Knowle
Solihull
B93 0HL





REGISTERED NUMBER: 05399269 (England and Wales)





ACCOUNTANTS: Pentlands Accountants and advisors Ltd
Chartered Certified Accountants
and Registered Auditors
3 & 4 Pegasus House
Pegasus Court
Olympus Avenue
Warwick
Warwickshire
CV34 6LW

PHYSIO & HEALTH MATTERS LIMITED (REGISTERED NUMBER: 05399269)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 45,961 26,818
45,961 26,818

CURRENT ASSETS
Stocks 6,915 5,771
Debtors 6 147,859 135,738
Cash at bank and in hand 885 11,483
155,659 152,992
CREDITORS
Amounts falling due within one year 7 81,086 57,205
NET CURRENT ASSETS 74,573 95,787
TOTAL ASSETS LESS CURRENT
LIABILITIES

120,534

122,605

CREDITORS
Amounts falling due after more than one
year

8

(49,210

)

(68,912

)

PROVISIONS FOR LIABILITIES (4,616 ) (1,928 )
NET ASSETS 66,708 51,765

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 66,707 51,764
SHAREHOLDERS' FUNDS 66,708 51,765

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

The members have not required the company to obtain an audit of its financial statements for the year 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 & HEALTH MATTERS LIMITED (REGISTERED NUMBER: 05399269)

BALANCE SHEET - 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 13 November 2023 and were signed by:





Ms K Sharma - Director


PHYSIO & HEALTH MATTERS LIMITED (REGISTERED NUMBER: 05399269)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023


1. STATUTORY INFORMATION

Physio & Health Matters 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 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 represents net invoiced sales of services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, has been fully amortised evenly over its estimated useful life of five years.

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.
Short leasehold - Over the term of the lease
Improvements to property - 25% on reducing balance
Website - 20% on cost
Fixtures and fittings - 15% on cost
Computer equipment - 5% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

PHYSIO & HEALTH MATTERS LIMITED (REGISTERED NUMBER: 05399269)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023


2. ACCOUNTING POLICIES - continued

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.

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 11 (2022 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 20,000
AMORTISATION
At 1 April 2022
and 31 March 2023 20,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

PHYSIO & HEALTH MATTERS LIMITED (REGISTERED NUMBER: 05399269)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023


5. TANGIBLE FIXED ASSETS
Improvements
Short to
leasehold property Website
£    £    £   
COST
At 1 April 2022 10,390 38,761 6,800
Additions - 26,857 -
At 31 March 2023 10,390 65,618 6,800
DEPRECIATION
At 1 April 2022 7,827 22,637 5,600
Charge for year 641 8,727 600
At 31 March 2023 8,468 31,364 6,200
NET BOOK VALUE
At 31 March 2023 1,922 34,254 600
At 31 March 2022 2,563 16,124 1,200

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2022 109,352 40,914 206,217
Additions 1,500 3,517 31,874
At 31 March 2023 110,852 44,431 238,091
DEPRECIATION
At 1 April 2022 102,515 40,820 179,399
Charge for year 1,514 1,249 12,731
At 31 March 2023 104,029 42,069 192,130
NET BOOK VALUE
At 31 March 2023 6,823 2,362 45,961
At 31 March 2022 6,837 94 26,818

PHYSIO & HEALTH MATTERS LIMITED (REGISTERED NUMBER: 05399269)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023


5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Fixtures
and
fittings
£   
COST
At 1 April 2022 12,725
Transfer to ownership (12,725 )
At 31 March 2023 -
DEPRECIATION
At 1 April 2022 12,725
Transfer to ownership (12,725 )
At 31 March 2023 -
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

6. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 7,984 16,711
Other debtors 121,783 105,986
129,767 122,697

Amounts falling due after more than one year:
Other debtors 18,092 13,041

Aggregate amounts 147,859 135,738

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 30,762 20,823
Trade creditors 18,643 16,345
Taxation and social security 28,389 17,964
Other creditors 3,292 2,073
81,086 57,205

PHYSIO & HEALTH MATTERS LIMITED (REGISTERED NUMBER: 05399269)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 49,210 68,912

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 287

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2023 2022
£    £   
Ms K Sharma
Balance outstanding at start of year 71,539 71,836
Amounts advanced 74,190 52,703
Amounts repaid (59,222 ) (53,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 86,507 71,539

10. ULTIMATE CONTROLLING PARTY

The controlling party is Ms K Sharma.