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Company Registration No. 03703925 (England and Wales)
UK Podiatry Limited Unaudited accounts for the year ended 31 March 2024
UK Podiatry Limited Unaudited accounts Contents
Page
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UK Podiatry Limited Company Information for the year ended 31 March 2024
Director
S Lyons
Secretary
Mrs J Lyons
Company Number
03703925 (England and Wales)
Registered Office
Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
Accountants
Taylor Consultancy, Chartered Certified Accountants Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
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UK Podiatry Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
114,866 
118,546 
Current assets
Inventories
2,518 
2,497 
Debtors
69,807 
15,517 
Cash at bank and in hand
30,343 
84,492 
102,668 
102,506 
Creditors: amounts falling due within one year
(46,463)
(34,033)
Net current assets
56,205 
68,473 
Total assets less current liabilities
171,071 
187,019 
Provisions for liabilities
Deferred tax
(4,583)
(4,823)
Net assets
166,488 
182,196 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
166,486 
182,194 
Shareholders' funds
166,488 
182,196 
For the year ending 31 March 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 2 September 2024 and were signed on its behalf by
S Lyons Director Company Registration No. 03703925
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UK Podiatry Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
UK Podiatry Limited is a private company, limited by shares, registered in England and Wales, registration number 03703925. The registered office is Primary House, Spring Gardens, Macclesfield, Cheshire, SK10 2DX.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, and sales taxes.
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:
Land & buildings
2% per annum on a striaght line basis
Plant & machinery
15% per annum on a reducing balance basis
Fixtures & fittings
15% per annum on a reducing balance basis
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
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.
Pension costs
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.
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UK Podiatry Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
107,320 
32,174 
24,636 
164,130 
Additions
- 
1,265 
690 
1,955 
At 31 March 2024
107,320 
33,439 
25,326 
166,085 
Depreciation
At 1 April 2023
15,647 
13,746 
16,191 
45,584 
Charge for the year
2,146 
2,222 
1,267 
5,635 
At 31 March 2024
17,793 
15,968 
17,458 
51,219 
Net book value
At 31 March 2024
89,527 
17,471 
7,868 
114,866 
At 31 March 2023
91,673 
18,428 
8,445 
118,546 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,292 
15,517 
Amounts due from group undertakings etc.
85 
- 
Accrued income and prepayments
1,467 
- 
Other debtors
65,963 
- 
69,807 
15,517 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
- 
485 
Taxes and social security
31,427 
28,042 
Other creditors
96 
87 
Loans from directors
- 
19 
Accruals
14,940 
5,400 
46,463 
34,033 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
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UK Podiatry Limited Notes to the Accounts for the year ended 31 March 2024
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
S Lyons
Loan to director
(19)
106,504 
73,504 
32,981 
(19)
106,504 
73,504 
32,981 
The loan to Mr S Lyon of £32,981 at the balance sheet date was repaid in full on 10th April 2024.
9
Transactions with related parties
Mr & Mrs Lyons are shareholder in UK Podiatry Limited and S & J Lyons Limited, in the year S & J Lyons Limited charged UK Podiatry Limited a management fee of £Nil ( 2023 - £3,000 ). At the balance sheet date S & J Lyons Limited owed £85 ( 2023 - (£485) ) to UK Podiatry Limited, the loan is subject to interest at a commercial rate and is repayable upon demand.
10
Average number of employees
During the year the average number of employees was 3 (2023: 4).
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