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REGISTERED NUMBER: SC421231 (Scotland)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

PAR PHYSIOTHERAPY LIMITED

PAR PHYSIOTHERAPY LIMITED (REGISTERED NUMBER: SC421231)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PAR PHYSIOTHERAPY LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: Mrs P Rankin
A Rankin





REGISTERED OFFICE: 27 Ingram Street
Glasgow
G1 1HA





REGISTERED NUMBER: SC421231 (Scotland)





ACCOUNTANTS: Kean Jarman & Company
Chartered Accountants
27 Ingram Street
Glasgow
G1 1HA

PAR PHYSIOTHERAPY LIMITED (REGISTERED NUMBER: SC421231)

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 724 905

CURRENT ASSETS
Debtors 5 657 657
Cash at bank 5,305 5,302
5,962 5,959
CREDITORS
Amounts falling due within one year 6 17,255 14,563
NET CURRENT LIABILITIES (11,293 ) (8,604 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,569

)

(7,699

)

CREDITORS
Amounts falling due after more than one
year

7

3,810

6,797
NET LIABILITIES (14,379 ) (14,496 )

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (14,389 ) (14,506 )
SHAREHOLDERS' FUNDS (14,379 ) (14,496 )

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

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

The directors acknowledge their 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.

PAR PHYSIOTHERAPY LIMITED (REGISTERED NUMBER: SC421231)

BALANCE SHEET - continued
31 March 2024


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 Board of Directors and authorised for issue on 19 September 2024 and were signed on its behalf by:





Mrs P Rankin - Director


PAR PHYSIOTHERAPY LIMITED (REGISTERED NUMBER: SC421231)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Par Physiotherapy Limited 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year 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 balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

PAR PHYSIOTHERAPY LIMITED (REGISTERED NUMBER: SC421231)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 714 4,845 1,656 7,215
DEPRECIATION
At 1 April 2023 638 4,170 1,502 6,310
Charge for year 15 135 31 181
At 31 March 2024 653 4,305 1,533 6,491
NET BOOK VALUE
At 31 March 2024 61 540 123 724
At 31 March 2023 76 675 154 905

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 417 417
Prepayments and accrued income 240 240
657 657

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 2,922 2,922
Tax 13,942 11,332
Social security and other taxes 387 299
Directors' current accounts 4 10
17,255 14,563

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1-2 years 2,922 2,922
Bank loans - 2-5 years 888 3,875
3,810 6,797

8. RELATED PARTY DISCLOSURES

The directors of the company were owed £4 (2023-£10) at the year end . £10 was the maximum amount outstanding during the year.