IRIS Accounts Production v24.1.4.33 08971283 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089712832023-03-31089712832024-03-31089712832023-04-012024-03-31089712832022-03-31089712832022-04-012023-03-31089712832023-03-3108971283ns15:EnglandWales2023-04-012024-03-3108971283ns14:PoundSterling2023-04-012024-03-3108971283ns10:Director12023-04-012024-03-3108971283ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3108971283ns10:SmallEntities2023-04-012024-03-3108971283ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3108971283ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3108971283ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3108971283ns10:FullAccounts2023-04-012024-03-3108971283ns10:Director22023-04-012024-03-3108971283ns10:RegisteredOffice2023-04-012024-03-3108971283ns5:CurrentFinancialInstruments2024-03-3108971283ns5:CurrentFinancialInstruments2023-03-3108971283ns5:Non-currentFinancialInstruments2024-03-3108971283ns5:Non-currentFinancialInstruments2023-03-3108971283ns5:ShareCapital2024-03-3108971283ns5:ShareCapital2023-03-3108971283ns5:RetainedEarningsAccumulatedLosses2024-03-3108971283ns5:RetainedEarningsAccumulatedLosses2023-03-3108971283ns5:PlantMachinery2023-04-012024-03-3108971283ns5:PlantMachinery2023-03-3108971283ns5:PlantMachinery2024-03-3108971283ns5:PlantMachinery2023-03-31
REGISTERED NUMBER: 08971283 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

FUNCTIONAL & SPINE LIMITED

FUNCTIONAL & SPINE LIMITED (REGISTERED NUMBER: 08971283)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FUNCTIONAL & SPINE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr Girish Vajramani
Mrs A Vajramani





REGISTERED OFFICE: 28a The Hundred
Romsey
Hampshire
SO51 8BW





REGISTERED NUMBER: 08971283 (England and Wales)





ACCOUNTANTS: Kumar Associates
Chartered Certified Accountants
28a The Hundred
Romsey
Hampshire
SO51 8BW

FUNCTIONAL & SPINE LIMITED (REGISTERED NUMBER: 08971283)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,963 15,363

CURRENT ASSETS
Debtors 5 7,233 3,193
Cash at bank 132,773 95,161
140,006 98,354
CREDITORS
Amounts falling due within one year 6 79,901 60,796
NET CURRENT ASSETS 60,105 37,558
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,068

52,921

CREDITORS
Amounts falling due after more than one
year

7

13,461

18,862
NET ASSETS 57,607 34,059

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 57,457 33,909
SHAREHOLDERS' FUNDS 57,607 34,059

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

FUNCTIONAL & SPINE LIMITED (REGISTERED NUMBER: 08971283)

BALANCE SHEET - continued
31 MARCH 2024


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 July 2024 and were signed on its behalf by:





Mr Girish Vajramani - Director


FUNCTIONAL & SPINE LIMITED (REGISTERED NUMBER: 08971283)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Functional & Spine Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 50% on reducing balance and 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 49,392
DEPRECIATION
At 1 April 2023 34,029
Charge for year 4,400
At 31 March 2024 38,429
NET BOOK VALUE
At 31 March 2024 10,963
At 31 March 2023 15,363

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,233 3,193

FUNCTIONAL & SPINE LIMITED (REGISTERED NUMBER: 08971283)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 18,396 13,425
Other creditors 61,505 47,371
79,901 60,796

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 13,461 18,862