Acorah Software Products - Accounts Production 14.5.601 false true 30 September 2022 1 October 2021 false 1 October 2022 30 September 2023 30 September 2023 03257772 Mr Graeme Western Ms Anna Western Ms Anna Western iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03257772 2022-09-30 03257772 2023-09-30 03257772 2022-10-01 2023-09-30 03257772 frs-core:CurrentFinancialInstruments 2023-09-30 03257772 frs-core:Non-currentFinancialInstruments 2023-09-30 03257772 frs-core:ComputerEquipment 2023-09-30 03257772 frs-core:ComputerEquipment 2022-10-01 2023-09-30 03257772 frs-core:ComputerEquipment 2022-09-30 03257772 frs-core:FurnitureFittings 2023-09-30 03257772 frs-core:FurnitureFittings 2022-10-01 2023-09-30 03257772 frs-core:FurnitureFittings 2022-09-30 03257772 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 03257772 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 03257772 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-09-30 03257772 frs-core:PlantMachinery 2023-09-30 03257772 frs-core:PlantMachinery 2022-10-01 2023-09-30 03257772 frs-core:PlantMachinery 2022-09-30 03257772 frs-core:ShareCapital 2023-09-30 03257772 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 03257772 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 03257772 frs-bus:FilletedAccounts 2022-10-01 2023-09-30 03257772 frs-bus:SmallEntities 2022-10-01 2023-09-30 03257772 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 03257772 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 03257772 frs-bus:Director1 2022-10-01 2023-09-30 03257772 frs-bus:Director2 2022-10-01 2023-09-30 03257772 frs-bus:CompanySecretary1 2022-10-01 2023-09-30 03257772 frs-countries:EnglandWales 2022-10-01 2023-09-30 03257772 2021-09-30 03257772 2022-09-30 03257772 2021-10-01 2022-09-30 03257772 frs-core:CurrentFinancialInstruments 2022-09-30 03257772 frs-core:Non-currentFinancialInstruments 2022-09-30 03257772 frs-core:ShareCapital 2022-09-30 03257772 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: 03257772
The Bexley Osteopathic Clinic Limited
Unaudited Financial Statements
For The Year Ended 30 September 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03257772
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 306,962 308,497
306,962 308,497
CURRENT ASSETS
Debtors 5 943 264
Cash at bank and in hand 82,230 67,167
83,173 67,431
Creditors: Amounts Falling Due Within One Year 6 (200,801 ) (178,733 )
NET CURRENT ASSETS (LIABILITIES) (117,628 ) (111,302 )
TOTAL ASSETS LESS CURRENT LIABILITIES 189,334 197,195
Creditors: Amounts Falling Due After More Than One Year 7 (12,891 ) (20,257 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,765 ) (2,100 )
NET ASSETS 174,678 174,838
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 174,578 174,738
SHAREHOLDERS' FUNDS 174,678 174,838
Page 1
Page 2
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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Graeme Western
Director
18/04/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Bexley Osteopathic Clinic Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03257772 . The registered office is 16a Bexley High Street, Bexley, Kent, DA5 1AD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 15% on reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2022: 10)
8 10
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2022 298,266 9,615 15,113 6,778 329,772
As at 30 September 2023 298,266 9,615 15,113 6,778 329,772
Depreciation
As at 1 October 2022 - 3,713 12,994 4,568 21,275
Provided during the period - 886 318 331 1,535
As at 30 September 2023 - 4,599 13,312 4,899 22,810
Net Book Value
As at 30 September 2023 298,266 5,016 1,801 1,879 306,962
As at 1 October 2022 298,266 5,902 2,119 2,210 308,497
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 643 -
643 -
Due after more than one year
Inter company account 300 264
300 264
943 264
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 3,109 2,982
Bank loans and overdrafts 7,366 7,366
Corporation tax 18,877 12,289
Other taxes and social security 832 1,507
Directors' loan accounts 170,617 154,589
200,801 178,733
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 12,891 20,257
12,891 20,257
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
Included in other creditors is an amount of £150,967 (£154,589 in 2022), owed to the company directors Mr G and Mrs A Western. This loan is interest free and no repayment terms have been agreed.
Page 5