IRIS Accounts Production v23.2.0.158 12446013 director 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure124460132022-02-28124460132023-02-28124460132022-03-012023-02-28124460132021-02-28124460132021-03-012022-02-28124460132022-02-2812446013ns16:EnglandWales2022-03-012023-02-2812446013ns15:PoundSterling2022-03-012023-02-2812446013ns11:Director12022-03-012023-02-2812446013ns11:PrivateLimitedCompanyLtd2022-03-012023-02-2812446013ns11:SmallEntities2022-03-012023-02-2812446013ns11:AuditExempt-NoAccountantsReport2022-03-012023-02-2812446013ns11:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2812446013ns11:SmallCompaniesRegimeForAccounts2022-03-012023-02-2812446013ns11:FullAccounts2022-03-012023-02-2812446013ns11:RegisteredOffice2022-03-012023-02-2812446013ns6:CurrentFinancialInstruments2023-02-2812446013ns6:CurrentFinancialInstruments2022-02-2812446013ns6:Non-currentFinancialInstruments2023-02-2812446013ns6:Non-currentFinancialInstruments2022-02-2812446013ns6:ShareCapital2023-02-2812446013ns6:ShareCapital2022-02-2812446013ns6:RetainedEarningsAccumulatedLosses2023-02-2812446013ns6:RetainedEarningsAccumulatedLosses2022-02-2812446013ns6:PlantMachinery2022-03-012023-02-2812446013ns6:PlantMachinery2022-02-2812446013ns6:PlantMachinery2023-02-2812446013ns6:PlantMachinery2022-02-2812446013ns6:WithinOneYearns6:CurrentFinancialInstruments2023-02-2812446013ns6:WithinOneYearns6:CurrentFinancialInstruments2022-02-2812446013ns11:Director112022-02-2812446013ns11:Director112021-02-2812446013ns11:Director112022-03-012023-02-2812446013ns11:Director112021-03-012022-02-2812446013ns11:Director112023-02-2812446013ns11:Director112022-02-28
REGISTERED NUMBER: 12446013 (England and Wales)















T4 PHYSIO LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023






T4 PHYSIO LIMITED (REGISTERED NUMBER: 12446013)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


T4 PHYSIO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: T Dangarembizi





REGISTERED OFFICE: 69 Bolton Road
Kearsley
Bolton
BL4 8DB





REGISTERED NUMBER: 12446013 (England and Wales)





ACCOUNTANTS: DTE Business Advisers Limited
Chartered Accountants
The Exchange
5 Bank Street
Bury
BL9 0DN

T4 PHYSIO LIMITED (REGISTERED NUMBER: 12446013)

STATEMENT OF FINANCIAL POSITION
28 FEBRUARY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 9,244 11,905

CURRENT ASSETS
Debtors 5 20,983 12,043
Cash at bank 4,638 19
25,621 12,062
CREDITORS
Amounts falling due within one year 6 (32,837 ) (12,832 )
NET CURRENT LIABILITIES (7,216 ) (770 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,028

11,135

CREDITORS
Amounts falling due after more than one
year

7

(6,195

)

(7,624

)

PROVISIONS FOR LIABILITIES (1,757 ) (2,262 )
NET (LIABILITIES)/ASSETS (5,924 ) 1,249

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (6,024 ) 1,149
(5,924 ) 1,249

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

T4 PHYSIO LIMITED (REGISTERED NUMBER: 12446013)

STATEMENT OF FINANCIAL POSITION - continued
28 FEBRUARY 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 22 October 2023 and were signed by:





T Dangarembizi - Director


T4 PHYSIO LIMITED (REGISTERED NUMBER: 12446013)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

T4 Physio Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 12446013 and registered address is 69 Bolton Road, Kearsley, Bolton, BL4 8DB.

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.

Significant judgements and estimates
There are currently no significant judgements and estimates applied by the directors which are considered key to the preparation of the financial statements.

Revenue
Revenue comprises the aggregate of the fair value of the sale of goods and services provided, net of VAT, rebates and discounts. Revenue is recognised as follows:-

Sale of services
Service revenues are recognised as those services that are provided to customers.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - Straight line over 3 years and 25% on reducing balance

The residual values, estimated useful lives and depreciation method of property, plant and equipment are reviewed, and adjusted as appropriate, at each statement of financial position date. The effects of any revision are recognised in the income statement when the change arises

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled.

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 statement of financial position date.


T4 PHYSIO LIMITED (REGISTERED NUMBER: 12446013)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


2. ACCOUNTING POLICIES - continued
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 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.

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 the income statement in the period to which they relate.

Dividends
Equity dividends are recognised when they become legally payable and are no longer at the discretion of the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 March 2022 15,233
Additions 300
At 28 February 2023 15,533
DEPRECIATION
At 1 March 2022 3,328
Charge for year 2,961
At 28 February 2023 6,289
NET BOOK VALUE
At 28 February 2023 9,244
At 28 February 2022 11,905

T4 PHYSIO LIMITED (REGISTERED NUMBER: 12446013)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 8,125 2,598
Other debtors 12,858 9,445
20,983 12,043

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 13,907 1,876
Trade creditors 4,623 4,938
Taxation and social security 1,347 6,018
Other creditors 12,960 -
32,837 12,832

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 6,195 7,624

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

2023 2022
£    £   
T Dangarembizi
Balance outstanding at start of year 9,445 39,806
Amounts advanced 51,473 14,849
Amounts repaid (48,060 ) (45,210 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 12,858 9,445

This balance is unsecured, interest free and repayable on demand.

The maximum overdrawn balance during the year was £12,858.

There were no advances made during the year that are considered to be material.

The loan was repaid in full in August 2023.