1 October 2022 false Taxfiler 2023.14 NI664655business:PrivateLimitedCompanyLtd2022-10-012023-09-30 NI6646552022-09-30 NI6646552022-10-012023-09-30 NI664655business:AuditExemptWithAccountantsReport2022-10-012023-09-30 NI664655business:FilletedAccounts2022-10-012023-09-30 NI6646552023-09-30 NI664655business:Director12022-10-012023-09-30 NI664655business:Director22022-10-012023-09-30 NI664655business:RegisteredOffice2022-10-012023-09-30 NI6646552022-09-30 NI664655core:WithinOneYear2023-09-30 NI664655core:WithinOneYear2022-09-30 NI664655core:AfterOneYear2023-09-30 NI664655core:AfterOneYear2022-09-30 NI664655core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 NI664655core:ShareCapitalcore:PreviouslyStatedAmount2022-09-30 NI664655core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 NI664655core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-09-30 NI664655core:PreviouslyStatedAmount2023-09-30 NI664655core:PreviouslyStatedAmount2022-09-30 NI664655business:SmallEntities2022-10-012023-09-30 NI664655countries:NorthernIreland2022-10-012023-09-30 NI664655core:FurnitureFittings2022-10-012023-09-30 NI664655core:ComputerEquipment2022-10-012023-09-30 NI664655core:Goodwill2022-09-30 NI664655core:IntangibleAssetsOtherThanGoodwill2022-09-30 NI664655core:Goodwill2023-09-30 NI664655core:IntangibleAssetsOtherThanGoodwill2023-09-30 NI664655core:Goodwill2022-10-012023-09-30 NI664655core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-30 NI664655core:PlantMachinery2022-09-30 NI664655core:FurnitureFittings2022-09-30 NI664655core:ComputerEquipment2022-09-30 NI664655core:PlantMachinery2022-10-012023-09-30 NI664655core:PlantMachinery2023-09-30 NI664655core:FurnitureFittings2023-09-30 NI664655core:ComputerEquipment2023-09-30 NI664655core:MoreThanFiveYears2023-09-30 NI664655core:MoreThanFiveYears2022-09-30 NI664655core:AfterOneYear2022-10-012023-09-30 NI664655core:OtherProvisionsContingentLiabilities2022-09-30 NI664655core:OtherProvisionsContingentLiabilities2022-10-012023-09-30 NI664655core:OtherProvisionsContingentLiabilities2023-09-30 NI6646552021-10-012022-09-30 iso4217:GBP xbrli:pure
Company Registration No. NI664655 (Northern Ireland)
YOUR PHYSIO (N.I) LTD Unaudited accounts for the year ended 30 September 2023
YOUR PHYSIO (N.I) LTD Unaudited accounts Contents
Page
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YOUR PHYSIO (N.I) LTD Company Information for the year ended 30 September 2023
Directors
Justine McKendry Stephen McKendry
Company Number
NI664655 (Northern Ireland)
Registered Office
1 Campsie Business Park McClean Road, Eglinton Derry BT47 3XX
Accountants
Satori Accounting 11 Orchard Business Park Pennyburn Industrial Estate Derry Northern Ireland BT48 0LU
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YOUR PHYSIO (N.I) LTD Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
5,815 
8,823 
Tangible assets
9,434 
15,337 
15,249 
24,160 
Current assets
Debtors
1,895 
681 
Cash at bank and in hand
18,569 
15,436 
20,464 
16,117 
Creditors: amounts falling due within one year
(10,182)
(8,689)
Net current assets
10,282 
7,428 
Total assets less current liabilities
25,531 
31,588 
Creditors: amounts falling due after more than one year
(19,429)
(21,828)
Provisions for liabilities
Other provisions
(100)
(200)
Net assets
6,002 
9,560 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
6,000 
9,558 
Shareholders' funds
6,002 
9,560 
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 19 February 2024 and were signed on its behalf by
Justine McKendry Director Company Registration No. NI664655
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YOUR PHYSIO (N.I) LTD Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
YOUR PHYSIO (N.I) LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI664655. The registered office is 1 Campsie Business Park, McClean Road, Eglinton, Derry, BT47 3XX.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
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.
Presentation currency
The accounts are presented in £ sterling.
Government grants
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.
Pension costs
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. Contributions to the directors' pension are charged to the profit and loss account when paid.
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:
Fixtures & fittings
20% Straight Line
Computer equipment
33% Straight Line
Intangible fixed assets
Intangible fixed assets consists of goodwill purchased upon incorporation of the business and website costs. Goodwill and website costs are included at cost less accumulated amortisation. Both are amortised over 5 year useful economic lives.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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YOUR PHYSIO (N.I) LTD Notes to the Accounts for the year ended 30 September 2023
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 October 2022
10,000 
5,040 
15,040 
At 30 September 2023
10,000 
5,040 
15,040 
Amortisation
At 1 October 2022
5,667 
550 
6,217 
Charge for the year
2,000 
1,008 
3,008 
At 30 September 2023
7,667 
1,558 
9,225 
Net book value
At 30 September 2023
2,333 
3,482 
5,815 
At 30 September 2022
4,333 
4,490 
8,823 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2022
17,818 
8,060 
3,997 
29,875 
Additions
818 
- 
- 
818 
At 30 September 2023
18,636 
8,060 
3,997 
30,693 
Depreciation
At 1 October 2022
6,511 
5,709 
2,318 
14,538 
Charge for the year
3,676 
2,015 
1,030 
6,721 
At 30 September 2023
10,187 
7,724 
3,348 
21,259 
Net book value
At 30 September 2023
8,449 
336 
649 
9,434 
At 30 September 2022
11,307 
2,351 
1,679 
15,337 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,895 
60 
Accrued income and prepayments
- 
621 
1,895 
681 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
9,222 
6,432 
Other creditors
- 
426 
Loans from directors
960 
960 
Accruals
- 
871 
10,182 
8,689 
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YOUR PHYSIO (N.I) LTD Notes to the Accounts for the year ended 30 September 2023
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
19,429 
21,828 
Aggregate of amounts that fall due for payment after five years
- 
1,455 
The company obtained a bounce back loan. This is repayable over 6 years in total. There is no security held against this loan.
9
Provisions for liabilities
£ 
At 1 October 2022
200 
Provisions used
(100)
At 30 September 2023
100 
The provision for liabilities in the financial statements relates to a capital grant reserve.
10
Average number of employees
During the year the average number of employees was 5 (2022: 6).
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