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REGISTERED NUMBER: 11227184 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

GALBRAITH PSYCHOLOGY LIMITED

GALBRAITH PSYCHOLOGY LIMITED (BY SHARES) (REGISTERED NUMBER: 11227184)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Chartered Accountants' Report 4

GALBRAITH PSYCHOLOGY LIMITED (BY SHARES)

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: Dr V Galbraith





REGISTERED OFFICE: Number 5 The Business Quarter
Eco Park
Eco Park Road
Ludlow
Shropshire
SY8 1FD





REGISTERED NUMBER: 11227184 (England and Wales)





ACCOUNTANTS: D.R.E. & Co. Limited
Chartered Accountants
Number 5
The Business Quarter
Eco Park Road
Ludlow
Shropshire
SY8 1FD

GALBRAITH PSYCHOLOGY LIMITED (BY SHARES) (REGISTERED NUMBER: 11227184)

BALANCE SHEET
29 FEBRUARY 2024

29.2.24 28.2.23
£    £    £    £   
FIXED ASSETS 384 496

CURRENT ASSETS 29,175 32,157

CREDITORS
Amounts falling due within one year (22,883 ) (22,354 )
NET CURRENT ASSETS 6,292 9,803
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,676

10,299

CAPITAL AND RESERVES 6,676 10,299

NOTES TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2023 - 1 ) .

2. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

29.2.24 28.2.23
£    £   
Dr V Galbraith
Balance outstanding at start of year 13,108 7,812
Amounts advanced 55,798 60,771
Amounts repaid (58,399 ) (55,475 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,507 13,108

Overdrawn directors loan account was repaid within 9 months of the year end.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

GALBRAITH PSYCHOLOGY LIMITED (BY SHARES) (REGISTERED NUMBER: 11227184)

BALANCE SHEET - continued
29 FEBRUARY 2024


The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 10 July 2024 and were signed by:





Dr V Galbraith - Director


CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
GALBRAITH PSYCHOLOGY LIMITED (BY SHARES)

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Galbraith Psychology Limited for the year ended 29 February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Galbraith Psychology Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Galbraith Psychology Limited and state those matters that we have agreed to state to the director of Galbraith Psychology Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Galbraith Psychology Limited and its director for our work or for this report.

It is your duty to ensure that Galbraith Psychology Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Galbraith Psychology Limited. You consider that Galbraith Psychology Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Galbraith Psychology Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






D.R.E. & Co. Limited
Chartered Accountants
Number 5
The Business Quarter
Eco Park Road
Ludlow
Shropshire
SY8 1FD


12 July 2024