PHYSIOS4U LTD

Company Registration Number:
12456687 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

PHYSIOS4U LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

Balance sheet
Notes

PHYSIOS4U LTD

Balance sheet

As at 29 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 8,040 9,321
Total fixed assets: 8,040 9,321
Current assets
Debtors:   65,987 47,817
Cash at bank and in hand: 37,801 7,729
Total current assets: 103,788 55,546
Creditors: amounts falling due within one year:   (102,024) (48,894)
Net current assets (liabilities): 1,764 6,652
Total assets less current liabilities: 9,804 15,973
Creditors: amounts falling due after more than one year:   (7,925) (15,750)
Total net assets (liabilities): 1,879 223
Capital and reserves
Called up share capital: 150 150
Profit and loss account: 1,729 73
Shareholders funds: 1,879 223

The notes form part of these financial statements

PHYSIOS4U LTD

Balance sheet statements

For the year ending 29 February 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 July 2024
and signed on behalf of the board by:

Name: Mr K Tewari
Status: Director

The notes form part of these financial statements

PHYSIOS4U LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for good supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Office Equipment - 25% reducing balance basis

PHYSIOS4U LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

2. Employees

2024 2023
Average number of employees during the period 3 4

PHYSIOS4U LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 15,365
Additions 1,095
At 29 February 2024 16,460
Depreciation
At 01 March 2023 6,044
Charge for year 2,376
At 29 February 2024 8,420
Net book value
At 29 February 2024 8,040
At 28 February 2023 9,321