Registered number
08955315
London Family Therapy Partnership Ltd
Unaudited Filleted Accounts
31 March 2023
London Family Therapy Partnership Ltd
Registered number: 08955315
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 4,040 1,351
Current assets
Debtors 4 25,577 6,755
Cash at bank and in hand 209,159 181,329
234,736 188,084
Creditors: amounts falling due within one year 5 (24,291) (21,467)
Net current assets 210,445 166,617
Net assets 214,485 167,968
Capital and reserves
Called up share capital 200 200
Profit and loss account 214,285 167,768
Shareholder's funds 214,485 167,968
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ms G Haviv-Thomas
Director
Approved by the board on 23 December 2023
London Family Therapy Partnership Ltd
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Equipment 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. No provision for deferred tax has been made since the directors are of the opinion that no liability will crystallise in the foreseeable future.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Equipment
£
Cost
At 1 April 2022 1,802
Additions 4,036
At 31 March 2023 5,838
Depreciation
At 1 April 2022 451
Charge for the year 1,347
At 31 March 2023 1,798
Net book value
At 31 March 2023 4,040
At 31 March 2022 1,351
4 Debtors 2023 2022
£ £
Trade debtors 25,577 6,755
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 17,596 19,038
Other creditors 6,695 2,429
24,291 21,467
6 Other information
London Family Therapy Partnership Ltd is a private company limited by shares and incorporated in England. Its registered office is:
7 Thornfield Avenue
London
NW7 1LT
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