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REGISTERED NUMBER: SC779847 (Scotland)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 21 AUGUST 2023 TO 31 MARCH 2024

FOR

AMJ CHIRO LTD

AMJ CHIRO LTD (REGISTERED NUMBER: SC779847)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 21 AUGUST 2023 TO 31 MARCH 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


AMJ CHIRO LTD

COMPANY INFORMATION
FOR THE PERIOD 21 AUGUST 2023 TO 31 MARCH 2024







DIRECTOR: Angus Jones





REGISTERED OFFICE: 4d Auchingramonth Road
Hamilton
ML3 6JT





BUSINESS ADDRESS: 2/2 6 Thread Court
Glasgow
G40 1DB





REGISTERED NUMBER: SC779847 (Scotland)





ACCOUNTANTS: William Duncan (UK) Limited
Chartered Accountants
4d Auchingramont Road
Hamilton
ML3 6JT

AMJ CHIRO LTD (REGISTERED NUMBER: SC779847)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

Notes £   
CURRENT ASSETS
Debtors 4 1,335
Cash at bank 10
1,345
CREDITORS
Amounts falling due within one year 5 1,033
NET CURRENT ASSETS 312
TOTAL ASSETS LESS CURRENT
LIABILITIES

312

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 311
312

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

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

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 June 2024 and were signed by:





Angus Jones - Director


AMJ CHIRO LTD (REGISTERED NUMBER: SC779847)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 21 AUGUST 2023 TO 31 MARCH 2024


1. STATUTORY INFORMATION

AMJ Chiro Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Rendering of services
Turnover from the rendering of services, namely the provision of chiropractor services , is recognised by reference to the stage of completion of the service at the statement of financial position date.

Financial instruments
Basic financial instruments are recognised as follows:

(i) Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method less any impairment.

(ii) Cash and cash equivalents
Cash and cash equivalents include cash at bank and in hand.

Cash and cash equivalents are shown net of bank overdrafts, which are included as current borrowings in liabilities on the statement of financial position.

(iii) Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


AMJ CHIRO LTD (REGISTERED NUMBER: SC779847)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 21 AUGUST 2023 TO 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Provision for liabilities
The company recognises a provision for annual leave accrued by employees as a result of services rendered in the current period, and which employees are entitled to carry forward and use within the next 12 months. The provision is measured at the salary cost payable for the period of absence.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Director's loan 1,335

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Corporation tax 333
Accrued charges 700
1,033

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2024:

£   
Angus Jones
Balance outstanding at start of period -
Amounts advanced 1,335
Amounts repaid -
Amounts written off -
Amounts waived -
Balance outstanding at end of period 1,335

The above balance which is due from the director is unsecured, interest free and has no fixed repayment terms.