Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29002022-09-01falseThe company's principal activity throughout the period in question was that of a chiropractors.truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11516888 2022-09-01 2024-02-29 11516888 2021-09-01 2022-08-31 11516888 2024-02-29 11516888 2022-08-31 11516888 c:Director1 2022-09-01 2024-02-29 11516888 d:OfficeEquipment 2022-09-01 2024-02-29 11516888 d:OfficeEquipment 2024-02-29 11516888 d:OfficeEquipment 2022-08-31 11516888 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-09-01 2024-02-29 11516888 d:CurrentFinancialInstruments 2024-02-29 11516888 d:CurrentFinancialInstruments 2022-08-31 11516888 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 11516888 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 11516888 d:ShareCapital 2024-02-29 11516888 d:ShareCapital 2022-08-31 11516888 d:RetainedEarningsAccumulatedLosses 2024-02-29 11516888 d:RetainedEarningsAccumulatedLosses 2022-08-31 11516888 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-02-29 11516888 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-08-31 11516888 c:EntityNoLongerTradingButTradedInPast 2022-09-01 2024-02-29 11516888 c:FRS102 2022-09-01 2024-02-29 11516888 c:AuditExempt-NoAccountantsReport 2022-09-01 2024-02-29 11516888 c:FullAccounts 2022-09-01 2024-02-29 11516888 c:PrivateLimitedCompanyLtd 2022-09-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 11516888









AT YOUR CHIROPRACTORS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 29 FEBRUARY 2024

 
AT YOUR CHIROPRACTORS LTD
REGISTERED NUMBER: 11516888

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
31 August
2024
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
1,591

  
-
1,591

Current assets
  

Debtors: amounts falling due within one year
 5 
800
2,305

Cash at bank and in hand
 6 
38,789
38,775

  
39,589
41,080

Creditors: amounts falling due within one year
 7 
(17,354)
(21,035)

Net current assets
  
 
 
22,235
 
 
20,045

Total assets less current liabilities
  
22,235
21,636

Provisions for liabilities
  

Deferred tax
  
-
(302)

  
 
 
-
 
 
(302)

Net assets
  
22,235
21,334


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
22,135
21,234

  
22,235
21,334


Page 1

 
AT YOUR CHIROPRACTORS LTD
REGISTERED NUMBER: 11516888
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
U Wuethrich
Director

Date: 23 August 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
AT YOUR CHIROPRACTORS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 FEBRUARY 2024

1.


General information

At Your Chiropractors Ltd is a company limited by shares, incorporated in England and Wales. Its registered office address is 19 Liberator Close, Swanton Morley, Dereham, Norfolk, NR20 4GE and its trading address is Signpost House, Ambassador Way, Greens Road, Dereham, NR20 3TG.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company permanently ceased trading at 29 February 2024 and the accounts have therefore been prepared on a basis other than the going concern basis.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 3

 
AT YOUR CHIROPRACTORS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.5

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
AT YOUR CHIROPRACTORS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

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.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term 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.

 
2.12

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.13

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.
Page 5

 
AT YOUR CHIROPRACTORS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)


2.13
Financial instruments (continued)


Financial instruments are recognised in the Company's balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is
Page 6

 
AT YOUR CHIROPRACTORS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)


2.13
Financial instruments (continued)

due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.14

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the period was 0 (2022 - 0).


4.


Tangible fixed assets







Office equipment

£





At 1 September 2022
2,651


Additions
799


Disposals
(3,450)



At 29 February 2024

-





At 1 September 2022
1,060


Charge for the period on owned assets
1,036


Disposals
(2,096)



At 29 February 2024

-



Net book value



At 29 February 2024
-



At 31 August 2022
1,591

Page 7

 
AT YOUR CHIROPRACTORS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 FEBRUARY 2024

5.


Debtors

29 February
31 August
2024
2022
£
£


Trade debtors
800
-

Prepayments and accrued income
-
2,305

800
2,305



6.


Cash and cash equivalents

29 February
31 August
2024
2022
£
£

Cash at bank and in hand
38,789
38,775

38,789
38,775



7.


Creditors: Amounts falling due within one year

29 February
31 August
2024
2022
£
£

Trade creditors
192
579

Corporation tax
5,191
9,631

Other creditors
10,395
9,336

Accruals and deferred income
1,576
1,489

17,354
21,035



8.


Financial instruments

29 February
31 August
2024
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
38,789
38,775




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.

Page 8

 
AT YOUR CHIROPRACTORS LTD
 
 
 Page 9