IRIS Accounts Production v24.3.0.553 04686093 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046860932023-03-31046860932024-03-31046860932023-04-012024-03-31046860932022-03-31046860932022-04-012023-03-31046860932023-03-3104686093ns15:EnglandWales2023-04-012024-03-3104686093ns14:PoundSterling2023-04-012024-03-3104686093ns10:Director12023-04-012024-03-3104686093ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3104686093ns10:SmallEntities2023-04-012024-03-3104686093ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3104686093ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3104686093ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3104686093ns10:FullAccounts2023-04-012024-03-3104686093ns10:OrdinaryShareClass12023-04-012024-03-3104686093ns10:Director22023-04-012024-03-3104686093ns10:CompanySecretary12023-04-012024-03-3104686093ns10:RegisteredOffice2023-04-012024-03-3104686093ns5:CurrentFinancialInstruments2024-03-3104686093ns5:CurrentFinancialInstruments2023-03-3104686093ns5:ShareCapital2024-03-3104686093ns5:ShareCapital2023-03-3104686093ns5:RetainedEarningsAccumulatedLosses2024-03-3104686093ns5:RetainedEarningsAccumulatedLosses2023-03-3104686093ns5:FurnitureFittings2023-04-012024-03-3104686093ns5:FurnitureFittings2023-03-3104686093ns5:FurnitureFittings2024-03-3104686093ns5:FurnitureFittings2023-03-3104686093ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3104686093ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3104686093ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 04686093 (England and Wales)


















PhysioT Limited

Unaudited Financial Statements

for the Year Ended 31st March 2024






PhysioT Limited (Registered number: 04686093)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PhysioT Limited

Company Information
for the Year Ended 31st March 2024







DIRECTORS: Miss C Brocheret
Mr C A Carter





SECRETARY: Mr C A Carter





REGISTERED OFFICE: 12 Bridgford Road
West Bridgford
Nottingham
NG2 6AB





REGISTERED NUMBER: 04686093 (England and Wales)





ACCOUNTANTS: Brooks Mayfield Limited
Chartered Accountants
12 Bridgford Road
West Bridgford
Nottinghamshire
NG2 6AB

PhysioT Limited (Registered number: 04686093)

Balance Sheet
31st March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 1,028 2,096

CURRENT ASSETS
Debtors 6 2,374 -
Cash at bank 11,029 14,772
13,403 14,772
CREDITORS
Amounts falling due within one year 7 (11,800 ) (13,629 )
NET CURRENT ASSETS 1,603 1,143
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,631

3,239

PROVISIONS FOR LIABILITIES (196 ) (664 )
NET ASSETS 2,435 2,575

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 2,434 2,574
SHAREHOLDERS' FUNDS 2,435 2,575

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

PhysioT Limited (Registered number: 04686093)

Balance Sheet - continued
31st 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22nd August 2024 and were signed on its behalf by:





Mr C A Carter - Director


PhysioT Limited (Registered number: 04686093)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

PhysioT Limited is a private company, limited by shares , registered in England and Wales. 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 (£).


Monetary amounts in these financial statements are rounded to the nearest pound.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.
Fixtures and fittings - 25% on reducing balance

Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


PhysioT Limited (Registered number: 04686093)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st April 2023 7,663
Disposals (2,935 )
At 31st March 2024 4,728
DEPRECIATION
At 1st April 2023 5,567
Charge for year 524
Eliminated on disposal (2,391 )
At 31st March 2024 3,700
NET BOOK VALUE
At 31st March 2024 1,028
At 31st March 2023 2,096

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,374 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 5,860 5,696
Other creditors 5,940 7,933
11,800 13,629

PhysioT Limited (Registered number: 04686093)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1