Silverfin false 30/04/2023 01/05/2022 30/04/2023 A J Mayo 09/11/2020 31 January 2024 The principal activity of the Company during the year was that of podiatry services. 13005410 2023-04-30 13005410 bus:Director1 2023-04-30 13005410 2022-04-30 13005410 core:CurrentFinancialInstruments 2023-04-30 13005410 core:CurrentFinancialInstruments 2022-04-30 13005410 core:ShareCapital 2023-04-30 13005410 core:ShareCapital 2022-04-30 13005410 core:RetainedEarningsAccumulatedLosses 2023-04-30 13005410 core:RetainedEarningsAccumulatedLosses 2022-04-30 13005410 core:LeaseholdImprovements 2022-04-30 13005410 core:FurnitureFittings 2022-04-30 13005410 core:LeaseholdImprovements 2023-04-30 13005410 core:FurnitureFittings 2023-04-30 13005410 core:RemainingRelatedParties core:CurrentFinancialInstruments 2023-04-30 13005410 core:RemainingRelatedParties core:CurrentFinancialInstruments 2022-04-30 13005410 2022-05-01 2023-04-30 13005410 bus:FullAccounts 2022-05-01 2023-04-30 13005410 bus:SmallEntities 2022-05-01 2023-04-30 13005410 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 13005410 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 13005410 bus:Director1 2022-05-01 2023-04-30 13005410 core:LeaseholdImprovements 2022-05-01 2023-04-30 13005410 core:FurnitureFittings 2022-05-01 2023-04-30 13005410 2021-12-01 2022-04-30 iso4217:GBP xbrli:pure

Company No: 13005410 (England and Wales)

THE FOOT COMPANY HOLMFIRTH LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL PERIOD ENDED 30 APRIL 2023
PAGES FOR FILING WITH THE REGISTRAR

THE FOOT COMPANY HOLMFIRTH LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD ENDED 30 APRIL 2023

Contents

THE FOOT COMPANY HOLMFIRTH LIMITED

COMPANY INFORMATION

FOR THE FINANCIAL PERIOD ENDED 30 APRIL 2023
THE FOOT COMPANY HOLMFIRTH LIMITED

COMPANY INFORMATION (continued)

FOR THE FINANCIAL PERIOD ENDED 30 APRIL 2023
DIRECTOR A J Mayo
REGISTERED OFFICE C/O Pm+M First Floor
Sandringham House
Hollins Brook Park
Pilsworth Road
Bury
BL9 8RN
England
United Kingdom
COMPANY NUMBER 13005410 (England and Wales)
CHARTERED ACCOUNTANTS PM+M Solutions for Business LLP
First Floor
Sandringham House
Hollins Brook Park
Pilsworth Road
Bury
BL9 8RN
THE FOOT COMPANY HOLMFIRTH LIMITED

BALANCE SHEET

AS AT 30 APRIL 2023
THE FOOT COMPANY HOLMFIRTH LIMITED

BALANCE SHEET (continued)

AS AT 30 APRIL 2023
Note 30.04.2023 30.04.2022
£ £
Fixed assets
Tangible assets 3 11,353 13,124
11,353 13,124
Current assets
Debtors 4 11,000 0
Cash at bank and in hand 2,312 698
13,312 698
Creditors: amounts falling due within one year 5 ( 21,452) ( 17,989)
Net current liabilities (8,140) (17,291)
Total assets less current liabilities 3,213 (4,167)
Provision for liabilities ( 2,797) 0
Net assets/(liabilities) 416 ( 4,167)
Capital and reserves
Called-up share capital 1 1
Profit and loss account 415 ( 4,168 )
Total shareholder's funds/(deficit) 416 ( 4,167)

For the financial period ending 30 April 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of The Foot Company Holmfirth Limited (registered number: 13005410) were approved and authorised for issue by the Director on 31 January 2024. They were signed on its behalf by:

A J Mayo
Director
THE FOOT COMPANY HOLMFIRTH LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD ENDED 30 APRIL 2023
THE FOOT COMPANY HOLMFIRTH LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD ENDED 30 APRIL 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

The Foot Company Holmfirth Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Pm+M First Floor, Sandringham House, , Hollins Brook Park, Pilsworth Road, Bury, BL9 8RN, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The financial statements for the previous period are presented for a period shorter than one year, five months. As such, the financial statements (including the related notes) may not be entirely comparable.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements 10 % reducing balance
Fixtures and fittings 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

Year ended
30.04.2023
Period from
01.12.2021 to
30.04.2022
Number Number
Monthly average number of persons employed by the Company during the period, including the director 1 1

3. Tangible assets

Leasehold improve-
ments
Fixtures and fittings Total
£ £ £
Cost
At 01 May 2022 11,909 3,957 15,866
At 30 April 2023 11,909 3,957 15,866
Accumulated depreciation
At 01 May 2022 1,687 1,055 2,742
Charge for the financial period 1,191 580 1,771
At 30 April 2023 2,878 1,635 4,513
Net book value
At 30 April 2023 9,031 2,322 11,353
At 30 April 2022 10,222 2,902 13,124

4. Debtors

30.04.2023 30.04.2022
£ £
Amounts owed by related parties 11,000 0

5. Creditors: amounts falling due within one year

30.04.2023 30.04.2022
£ £
Trade creditors 0 9
Amounts owed to related parties 20,576 16,480
Accruals 876 1,500
21,452 17,989

6. Financial commitments

Commitments

30.04.2023 30.04.2022
£ £
Total future minimum lease payments under non-cancellable operating lease 36,000 0

7. Related Party Transactions

Included in amounts due to related parties (debtors) is £11,000 due from Bury Foot Clinic Limited. A company under common control.

Included in amounts due from related parties (creditors) is £1,500 due to The Foot Company Culcheth Limited. A company under common control.

Included in amounts due from related parties (creditors) is £17,343 due to Feet Covered Limited. A company under common control.

Included in amounts due from related parties (creditors) is £700 due to The Foot Company Lindley Limited. A company under common control.

Included in amounts due from related parties (creditors) is £1,033 due to Clitheroe Foot Clinic Limited. A company under common control.