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REGISTERED NUMBER: 07888686 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Spine, Body & Health Ltd

Spine, Body & Health Ltd (Registered number: 07888686)






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


Spine, Body & Health Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Dr R P Lovenkjaer Olsson
Dr K A Jacobi





REGISTERED OFFICE: 129 Midland Road
Bedford
Bedfordshire
MK40 1DN





REGISTERED NUMBER: 07888686 (England and Wales)





ACCOUNTANTS: Sherwoods Ltd
Chartered Certified Accountants
1st Floor
27 Shirwell Crescent
Furzton Lake
Milton Keynes
Buckinghamshire
MK4 1GA

Spine, Body & Health Ltd (Registered number: 07888686)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 125,993 157,762
125,993 157,762

CURRENT ASSETS
Debtors 6 159,948 194,000
Cash at bank and in hand 33,080 112,820
193,028 306,820
CREDITORS
Amounts falling due within one year 7 30,532 149,675
NET CURRENT ASSETS 162,496 157,145
TOTAL ASSETS LESS CURRENT
LIABILITIES

288,489

314,907

CREDITORS
Amounts falling due after more than one
year

8

(67,576

)

(67,576

)

PROVISIONS FOR LIABILITIES (23,939 ) (29,975 )
NET ASSETS 196,974 217,356

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 196,874 217,256
196,974 217,356

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 directors acknowledge their 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.

Spine, Body & Health Ltd (Registered number: 07888686)

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 Board of Directors and authorised for issue on 13 November 2023 and were signed on its behalf by:




Dr K A Jacobi - Director



Dr R P Lovenkjaer Olsson - Director


Spine, Body & Health Ltd (Registered number: 07888686)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Spine, Body & Health 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.
Land and buildings - 10% on reducing balance
Plant and machinery etc - 25% on reducing balance, 20% on reducing balance, 10% on reducing balance and 5% on reducing balance

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.

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.

Spine, Body & Health Ltd (Registered number: 07888686)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 44,000
AMORTISATION
At 1 April 2022
and 31 March 2023 44,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022 12,261 358,467 370,728
Additions - 2,815 2,815
At 31 March 2023 12,261 361,282 373,543
DEPRECIATION
At 1 April 2022 8,158 204,808 212,966
Charge for year 410 34,174 34,584
At 31 March 2023 8,568 238,982 247,550
NET BOOK VALUE
At 31 March 2023 3,693 122,300 125,993
At 31 March 2022 4,103 153,659 157,762

6. DEBTORS
31.3.23 31.3.22
£    £   
Amounts falling due within one year:
Trade debtors 3,270 -
Other debtors 8,465 7,506
11,735 7,506

Spine, Body & Health Ltd (Registered number: 07888686)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. DEBTORS - continued
31.3.23 31.3.22
£    £   
Amounts falling due after more than one year:
Amounts owed by associates 148,213 186,494

Aggregate amounts 159,948 194,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security 12,925 35,469
Other creditors 17,607 114,206
30,532 149,675

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Amounts owed to associates 67,576 67,576

9. RELATED PARTY DISCLOSURES

Roger Gracie Academy Milton Keynes Ltd

A company owned and controlled by the directors.

A loan of £38,281 was repaid to Roger Gracie Academy Milton Keynes Ltd in the year.


Chiropractic Marketing Stream Ltd

A company owned and controlled by the directors.

A loan of £67,576 (2022: £67,576) owed to Chiropractic Marketing Stream Ltd was outstanding at the year end.

No interest was charged.

Lovenkjaer Holdings Ltd

A company owned and controlled by Dr R P Lovenkjaer Olsson, director of Spine, Body & Health Ltd.

A loan of £148,213 (2022: £148,213) owed by Lovenkjaer Holdings Ltd, and was outstanding at the year end.

No interest was charged.