Company Registration No. 04813521 (England and Wales)
Weston Chiropractic Limited
Unaudited accounts
for the year ended 30 June 2024
Weston Chiropractic Limited
Unaudited accounts
Contents
Weston Chiropractic Limited
Company Information
for the year ended 30 June 2024
Company Number
04813521 (England and Wales)
Registered Office
Weston Chiropractic Clinic
75 Sunnyside Road
Weston-Super-Mare
Avon
BS23 3QB
England
Accountants
Wheatley Tax
8 Calluna Close
Wick-st-Lawrence
Weston-super-Mare
Somerset
BS22 9TS
Weston Chiropractic Limited
Statement of financial position
as at 30 June 2024
Tangible assets
390,612
368,702
Cash at bank and in hand
52,385
7,715
Creditors: amounts falling due within one year
(56,776)
(148,117)
Net current assets
404,198
356,774
Total assets less current liabilities
794,810
725,476
Provisions for liabilities
Deferred tax
(7,517)
(8,213)
Net assets
787,293
717,263
Called up share capital
100
100
Profit and loss account
787,193
717,163
Shareholders' funds
787,293
717,263
For the year ending 30 June 2024 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 his 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 21 August 2024 and were signed on its behalf by
Lee Harvey
Director
Company Registration No. 04813521
Weston Chiropractic Limited
Notes to the Accounts
for the year ended 30 June 2024
Weston Chiropractic Limited is a private company, limited by shares, registered in England and Wales, registration number 04813521. The registered office is Weston Chiropractic Clinic, 75 Sunnyside Road , Weston-Super-Mare, Avon, BS23 3QB, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, has been amortised over its useful life of 10 years.
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
15% Reducing Balance
Motor vehicles
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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.
Weston Chiropractic Limited
Notes to the Accounts
for the year ended 30 June 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2023
335,856
171,111
26,995
3,317
537,279
Additions
-
30,367
30,041
-
60,408
Disposals
-
-
(26,995)
-
(26,995)
At 30 June 2024
335,856
201,478
30,041
3,317
570,692
At 1 July 2023
-
159,193
6,749
2,635
168,577
Charge for the year
-
10,572
7,510
170
18,252
On disposals
-
-
(6,749)
-
(6,749)
At 30 June 2024
-
169,765
7,510
2,805
180,080
At 30 June 2024
335,856
31,713
22,531
512
390,612
At 30 June 2023
335,856
11,918
20,246
682
368,702
Amounts falling due within one year
Accrued income and prepayments
876
1,129
Amounts falling due after more than one year
Other debtors
407,713
496,047
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
40,965
31,597
Taxes and social security
14,487
31,977
Other creditors
1,179
1,209
Loans from directors
-
83,334
Weston Chiropractic Limited
Notes to the Accounts
for the year ended 30 June 2024
8
Deferred taxation
2024
2023
Accelerated capital allowances
7,517
8,213
Provision at start of year
8,213
2,778
(Credited)/charged to the profit and loss account
(696)
5,435
Provision at end of year
7,517
8,213
Allotted, called up and fully paid:
85 Ordinary shares of £1 each
85
85
15 'A' Ordinary shares of £1 each
15
15
10
Average number of employees
During the year the average number of employees was 6 (2023: 6).