1 August 2022 false No description of principal activity Taxfiler 2023.14 13488856business:PrivateLimitedCompanyLtd2022-08-012023-07-31 134888562022-07-31 134888562022-08-012023-07-31 13488856business:AuditExemptWithAccountantsReport2022-08-012023-07-31 13488856business:FilletedAccounts2022-08-012023-07-31 134888562023-07-31 13488856business:Director12022-08-012023-07-31 13488856business:RegisteredOffice2022-08-012023-07-31 134888562022-07-31 13488856core:WithinOneYear2023-07-31 13488856core:WithinOneYear2022-07-31 13488856core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 13488856core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 13488856core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 13488856core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 13488856core:PreviouslyStatedAmount2023-07-31 13488856core:PreviouslyStatedAmount2022-07-31 13488856business:SmallEntities2022-08-012023-07-31 13488856countries:EnglandWales2022-08-012023-07-31 13488856core:PlantMachinery2022-08-012023-07-31 13488856core:PlantMachinery2022-07-31 13488856core:PlantMachinery2023-07-31 134888562021-07-012022-07-31 iso4217:GBP xbrli:pure
Company Registration No. 13488856 (England and Wales)
Medstead Physical Health Limited Unaudited accounts for the year ended 31 July 2023
Medstead Physical Health Limited Unaudited accounts Contents
Page
- 2 -
Medstead Physical Health Limited Company Information for the year ended 31 July 2023
Director
Michael Boyd
Company Number
13488856 (England and Wales)
Registered Office
9 Upper Bourne Lane recclesham Farnham GU10 4RQ England
Accountants
M A Accountancy Group Wolfe Mead Farnham Road Bordon Hampshire GU35 0NH
- 3 -
Medstead Physical Health Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,808 
6,412 
Current assets
Debtors
4,753 
3,579 
Cash at bank and in hand
5,102 
7,109 
9,855 
10,688 
Creditors: amounts falling due within one year
(9,082)
(7,043)
Net current assets
773 
3,645 
Total assets less current liabilities
5,581 
10,057 
Provisions for liabilities
Deferred tax
(914)
(361)
Net assets
4,667 
9,696 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
4,666 
9,695 
Shareholders' funds
4,667 
9,696 
For the year ending 31 July 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 5 March 2024 and were signed on its behalf by
Michael Boyd Director Company Registration No. 13488856
- 4 -
Medstead Physical Health Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Medstead Physical Health Limited is a private company, limited by shares, registered in England and Wales, registration number 13488856. The registered office is 9 Upper Bourne Lane, recclesham, Farnham, GU10 4RQ, England.
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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
25% on reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
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.
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.
- 5 -
Medstead Physical Health Limited Notes to the Accounts for the year ended 31 July 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2022
7,507 
At 31 July 2023
7,507 
Depreciation
At 1 August 2022
1,095 
Charge for the year
1,604 
At 31 July 2023
2,699 
Net book value
At 31 July 2023
4,808 
At 31 July 2022
6,412 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,953 
2,779 
Other debtors
800 
800 
4,753 
3,579 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
7,722 
4,823 
Loans from directors
400 
1,260 
Accruals
960 
960 
9,082 
7,043 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -