Company Registration No. 11345289 (England and Wales)
David Down Sports Therapy Limited
Unaudited accounts
for the year ended 31 May 2023
David Down Sports Therapy Limited
Unaudited accounts
Contents
David Down Sports Therapy Limited
Company Information
for the year ended 31 May 2023
Company Number
11345289 (England and Wales)
Registered Office
FLAT 3 13 VESPASIAN ROAD
FAIRFIELDS
MILTON KEYNES
BUCKS
MK11 4AG
Accountants
Bidwell Accountancy Limited
157 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
David Down Sports Therapy Limited
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
4,758
6,260
Creditors: amounts falling due within one year
(6,710)
(6,052)
Net current (liabilities)/assets
(1,952)
208
Total assets less current liabilities
319
208
Creditors: amounts falling due after more than one year
(175)
-
Called up share capital
10
10
Profit and loss account
134
198
Shareholders' funds
144
208
For the year ending 31 May 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 23 November 2023 and were signed on its behalf by
David Down
Director
Company Registration No. 11345289
David Down Sports Therapy Limited
Notes to the Accounts
for the year ended 31 May 2023
David Down Sports Therapy Limited is a private company, limited by shares, registered in England and Wales, registration number 11345289. The registered office is FLAT 3 13 VESPASIAN ROAD, FAIRFIELDS, MILTON KEYNES, BUCKS, MK11 4AG.
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.
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:
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Grant recognition policy adopted under Accruals Model.
Coronavirus Job retention Scheme £2268.93
All conditions and contingencies have been met for the grant(s). The entity has not benefitted from any other government assistance schemes.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2022
2,000
1,200
3,200
At 31 May 2023
4,145
2,050
6,195
At 1 June 2022
2,000
1,200
3,200
Charge for the year
606
118
724
At 31 May 2023
2,606
1,318
3,924
At 31 May 2023
1,539
732
2,271
David Down Sports Therapy Limited
Notes to the Accounts
for the year ended 31 May 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,732
2,126
Loans from directors
3,978
3,926
6
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
175
-
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).