0 01/10/2022 30/09/2023 2023-09-30 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2022-10-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 04546555 2022-10-01 2023-09-30 04546555 2023-09-30 04546555 2022-09-30 04546555 2021-10-01 2022-09-30 04546555 2022-09-30 04546555 2021-09-30 04546555 bus:Director1 2022-10-01 2023-09-30 04546555 core:FurnitureFittingsToolsEquipment 2022-09-30 04546555 core:FurnitureFittingsToolsEquipment 2023-09-30 04546555 core:WithinOneYear 2023-09-30 04546555 core:WithinOneYear 2022-09-30 04546555 core:AfterOneYear 2023-09-30 04546555 core:AfterOneYear 2022-09-30 04546555 core:ShareCapital 2023-09-30 04546555 core:ShareCapital 2022-09-30 04546555 core:RetainedEarningsAccumulatedLosses 2023-09-30 04546555 core:RetainedEarningsAccumulatedLosses 2022-09-30 04546555 core:FurnitureFittingsToolsEquipment 2022-10-01 2023-09-30 04546555 core:FurnitureFittingsToolsEquipment 2022-09-30 04546555 bus:SmallEntities 2022-10-01 2023-09-30 04546555 bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 04546555 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 04546555 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 04546555 bus:FullAccounts 2022-10-01 2023-09-30
Company registration number: 04546555
City Osteopathic Clinics Limited
Unaudited filleted financial statements
30 September 2023
City Osteopathic Clinics Limited
Contents
Statement of financial position
Notes to the financial statements
City Osteopathic Clinics Limited
Statement of financial position
30 September 2023
2023 2022
Note £ £ £ £
Fixed assets
Tangible assets 5 197 394
_______ _______
197 394
Current assets
Debtors 6 10 6,295
_______ _______
10 6,295
Creditors: amounts falling due
within one year 7 ( 3,927) ( 9,845)
_______ _______
Net current liabilities ( 3,917) ( 3,550)
_______ _______
Total assets less current liabilities ( 3,720) ( 3,156)
Creditors: amounts falling due
after more than one year 8 ( 28,472) ( 27,885)
_______ _______
Net liabilities ( 32,192) ( 31,041)
_______ _______
Capital and reserves
Called up share capital 100 100
Profit and loss account ( 32,292) ( 31,141)
_______ _______
Shareholders deficit ( 32,192) ( 31,041)
_______ _______
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.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 29 July 2024 , and are signed on behalf of the board by:
Mr Michael Nixon
Director
Company registration number: 04546555
City Osteopathic Clinics Limited
Notes to the financial statements
Year ended 30 September 2023
1. General information
The company is a private company limited by shares, registered in . The address of the registered office is Orchard Cottage, Meadowside, Saverley Green, Staffs, ST11 9QX.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
4. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2022: Nil).
5. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 1 October 2022 and 30 September 2023 786 786
_______ _______
Depreciation
At 1 October 2022 392 392
Charge for the year 197 197
_______ _______
At 30 September 2023 589 589
_______ _______
Carrying amount
At 30 September 2023 197 197
_______ _______
At 30 September 2022 394 394
_______ _______
6. Debtors
2023 2022
£ £
Trade debtors - 6,295
Corporation tax recoverable 10 -
_______ _______
10 6,295
_______ _______
7. Creditors: amounts falling due within one year
2023 2022
£ £
Bank loans and overdrafts 1,978 352
Trade creditors 1,930 6,556
Corporation tax - 220
Social security and other taxes 19 1,814
Other creditors - 903
_______ _______
3,927 9,845
_______ _______
8. Creditors: amounts falling due after more than one year
2023 2022
£ £
Bank loans and overdrafts 28,472 27,885
_______ _______