Company Registration No. SC520708 (Scotland)
Hamilton Foot Clinic Limited
Unaudited accounts
for the year ended 30 November 2023
Hamilton Foot Clinic Limited
Statement of financial position
as at 30 November 2023
Intangible assets
4,240
6,360
Tangible assets
25,737
6,266
Cash at bank and in hand
2,104
7,249
Creditors: amounts falling due within one year
(7,706)
(5,815)
Net current (liabilities)/assets
(5,602)
1,700
Total assets less current liabilities
24,375
14,326
Creditors: amounts falling due after more than one year
(18,768)
(4,356)
Provisions for liabilities
Deferred tax
(4,890)
(1,191)
Called up share capital
100
100
Profit and loss account
617
8,679
Shareholders' funds
717
8,779
For the year ending 30 November 2023 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 August 2024 and were signed on its behalf by
Natalie Hughes
Director
Company Registration No. SC520708
Hamilton Foot Clinic Limited
Notes to the Accounts
for the year ended 30 November 2023
Hamilton Foot Clinic Limited is a private company, limited by shares, registered in Scotland, registration number SC520708. The registered office is 29a Campbell Street, Hamilton, ML3 6AS, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 years straight line basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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 (or less) 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.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Hamilton Foot Clinic Limited
Notes to the Accounts
for the year ended 30 November 2023
4
Intangible fixed assets
Goodwill
At 30 November 2023
21,200
At 30 November 2023
16,960
5
Tangible fixed assets
Plant & machinery
At 30 November 2023
38,311
At 30 November 2023
12,574
At 30 November 2023
25,737
Amounts falling due within one year
Accrued income and prepayments
-
266
7
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
5,988
1,188
Taxes and social security
(8,613)
3,773
Loans from directors
8,914
405
Hamilton Foot Clinic Limited
Notes to the Accounts
for the year ended 30 November 2023
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
18,768
4,356
9
Average number of employees
During the year the average number of employees was 5 (2022: 0).