MAIDSTONE PHYSIOTHERAPY AND SPORTS INJURY CLINIC LIMITED

Company Registration Number:
08405315 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

MAIDSTONE PHYSIOTHERAPY AND SPORTS INJURY CLINIC LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

MAIDSTONE PHYSIOTHERAPY AND SPORTS INJURY CLINIC LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 861 1,339
Total fixed assets: 861 1,339
Current assets
Stocks: 900 0
Debtors:   4,324 11,030
Cash at bank and in hand: 6,981 6,966
Total current assets: 12,205 17,996
Creditors: amounts falling due within one year: 4 (13,532) (18,585)
Net current assets (liabilities): (1,327) (589)
Total assets less current liabilities: (466) 750
Provision for liabilities: (154) (243)
Total net assets (liabilities): (620) 507
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (720) 407
Shareholders funds: (620) 507

The notes form part of these financial statements

MAIDSTONE PHYSIOTHERAPY AND SPORTS INJURY CLINIC LIMITED

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 02 August 2024
and signed on behalf of the board by:

Name: A H CARLEY
Status: Director

The notes form part of these financial statements

MAIDSTONE PHYSIOTHERAPY AND SPORTS INJURY CLINIC LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the value of physiotherapy services and other associated services rendered during the year up to the balance sheet date.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is calculated to write off the cost less estimated residual value of all tangible fixed assets over their estimated useful lives at the following rates per annum:Equipment, Fixtures and Fittings - 15% on straight-line basis.

Intangible fixed assets and amortisation policy

Amortisation is provided at 10% on cost per annum in order to write off goodwill over its estimated useful economic life. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be full recoverable.

Valuation and information policy

Stock is valued at the lower of cost and net realisable value.

Other accounting policies

Taxation:Taxation represents the sum of tax currently payable and deferred tax. 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 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.Debtors and Creditors Receivable/Payable Within One Year:Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. Leased Assets:Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account on a straight-line basis over the lease term.Pension Costs:The Company operates a defined contribution pension scheme. Contributions payable to the Company's pension scheme are charged to the profit and loss account in the period to which they relate.

MAIDSTONE PHYSIOTHERAPY AND SPORTS INJURY CLINIC LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 6 7

MAIDSTONE PHYSIOTHERAPY AND SPORTS INJURY CLINIC LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 6,898
At 30 April 2024 6,898
Depreciation
At 01 May 2023 5,559
Charge for year 478
At 30 April 2024 6,037
Net book value
At 30 April 2024 861
At 30 April 2023 1,339

MAIDSTONE PHYSIOTHERAPY AND SPORTS INJURY CLINIC LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

There are no secured creditors.

MAIDSTONE PHYSIOTHERAPY AND SPORTS INJURY CLINIC LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Financial commitments

The Company holds a lease on its business premises .The Company currently has a commitment to pay rent of £12,000 per annum (2023:£12,000) under this lease .There is provision for a rent review during the lease ,but this will depend on the Landlords.

MAIDSTONE PHYSIOTHERAPY AND SPORTS INJURY CLINIC LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Loans to directors

Name of director receiving advance or credit: A H CARLEY
Description of the loan: Short Term Loan repaid 30/01/2024.
£
Balance at 01 May 2023 4,345
Advances or credits repaid: 4,345
Balance at 30 April 2024 0
Name of director receiving advance or credit: R P CARLEY
Description of the loan: Short Term Loan repaid 30/01/2024
£
Balance at 01 May 2023 3,555
Advances or credits repaid: 3,555
Balance at 30 April 2024 0
Name of director receiving advance or credit: A H CARLEY
Description of the loan: Short Term Loan
£
Balance at 01 May 2023 0
Advances or credits made: 1,908
Balance at 30 April 2024 1,908
Name of director receiving advance or credit: R P CARLEY
Description of the loan: Short Term Loan.
£
Balance at 01 May 2023 0
Advances or credits made: 1,561
Balance at 30 April 2024 1,561