Company Registration No. 08394528 (England and Wales)
Home Physio Group Limited
Unaudited accounts
for the year ended 28 February 2023
Home Physio Group Limited
Unaudited accounts
Contents
Home Physio Group Limited
Company Information
for the year ended 28 February 2023
Company Number
08394528 (England and Wales)
Registered Office
Churchill House
137-139 Brent Street
London
NW4 4DJ
Accountants
Clearfin Accountants Limited
Churchill House
137-139 Brent Street
London
NW4 4DJ
Home Physio Group Limited
Statement of financial position
as at 28 February 2023
Intangible assets
2,102
3,080
Tangible assets
50,764
64,909
Cash at bank and in hand
163,506
123,572
Creditors: amounts falling due within one year
(67,674)
(25,533)
Net current assets
111,537
106,319
Total assets less current liabilities
164,403
174,308
Creditors: amounts falling due after more than one year
(44,114)
(51,486)
Net assets
120,289
122,822
Called up share capital
100
100
Profit and loss account
120,189
122,722
Shareholders' funds
120,289
122,822
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 November 2023 and were signed on its behalf by
H H Perpinyal
Director
Company Registration No. 08394528
Home Physio Group Limited
Notes to the Accounts
for the year ended 28 February 2023
Home Physio Group Limited is a private company, limited by shares, registered in England and Wales, registration number 08394528. The registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
20% on reducing value
Fixtures & fittings
20% straight line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Intangible fixed assets (including purchased of domain) is included at cost less accumulated amortisation. This has been amortised over 5 years.
Home Physio Group Limited
Notes to the Accounts
for the year ended 28 February 2023
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Intangible fixed assets
Other
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2022
71,000
3,922
13,457
88,379
At 28 February 2023
71,000
3,922
14,320
89,242
At 1 March 2022
14,200
784
8,486
23,470
Charge for the year
11,360
784
2,864
15,008
At 28 February 2023
25,560
1,568
11,350
38,478
At 28 February 2023
45,440
2,354
2,970
50,764
At 28 February 2022
56,800
3,138
4,971
64,909
Amounts falling due within one year
Trade debtors
15,705
8,280
Home Physio Group Limited
Notes to the Accounts
for the year ended 28 February 2023
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
1,067
-
Obligations under finance leases and hire purchase contracts
7,372
7,372
Taxes and social security
14,166
16,331
Loans from directors
43,629
390
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
44,114
51,486
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).