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REGISTERED NUMBER: 08837750 (England and Wales)









THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED (REGISTERED NUMBER: 08837750)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: O Curties





REGISTERED OFFICE: The WOW Clinic
Country View Centre
Westbourne Road
Westbourne
West Sussex
PO10 8UL





REGISTERED NUMBER: 08837750 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED (REGISTERED NUMBER: 08837750)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 9,500
Tangible assets 5 43,145 2,970
43,145 12,470

CURRENT ASSETS
Debtors 6 58,308 33,476
Cash at bank 23,230 35,489
81,538 68,965
CREDITORS
Amounts falling due within one year 7 41,885 39,433
NET CURRENT ASSETS 39,653 29,532
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,798

42,002

CREDITORS
Amounts falling due after more than one
year

8

(62,054

)

(30,408

)

PROVISIONS FOR LIABILITIES 9 (3,146 ) (416 )
NET ASSETS 17,598 11,178

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 17,498 11,078
17,598 11,178

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

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

The director acknowledges his 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.

THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED (REGISTERED NUMBER: 08837750)

BALANCE SHEET - continued
31 JANUARY 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 director and authorised for issue on 23 October 2024 and were signed by:





O Curties - Director


THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED (REGISTERED NUMBER: 08837750)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

The Westbourne Osteopathic and Wellness Clinic 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Financial instruments
Debtors and cash at bank: Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand includes cash on deposit or in a current account.

Creditors and provisions: Creditors and provisions are recognised where there is a present obligation resulting from a past event that will probably result in the transfer of economic benefits to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

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.


THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED (REGISTERED NUMBER: 08837750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences at the balance sheet date, except as otherwise required in the paragraphs below.

Unrelieved 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.

Deferred tax shall not be recognised on permanent differences, other than a business combination where assets (other than goodwill) give rise to an deferred tax asset or liability.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 95,000
AMORTISATION
At 1 February 2023 85,500
Amortisation for year 9,500
At 31 January 2024 95,000
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 9,500

THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED (REGISTERED NUMBER: 08837750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2023 10,489 5,876 - 11,295 27,660
Additions 582 - 45,775 - 46,357
At 31 January 2024 11,071 5,876 45,775 11,295 74,017
DEPRECIATION
At 1 February 2023 10,185 5,876 - 8,629 24,690
Charge for year 438 - 3,815 1,929 6,182
At 31 January 2024 10,623 5,876 3,815 10,558 30,872
NET BOOK VALUE
At 31 January 2024 448 - 41,960 737 43,145
At 31 January 2023 304 - - 2,666 2,970

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 13,014 13,265
Other debtors 45,294 20,211
58,308 33,476

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,801 4,801
Hire purchase contracts 4,908 -
Trade creditors 1,846 1,629
Taxation and social security 6,437 5,343
Other creditors 23,893 27,660
41,885 39,433

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 25,607 30,408
Hire purchase contracts 36,447 -
62,054 30,408

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr 6,402 11,203

THE WESTBOURNE OSTEOPATHIC AND WELLNESS
CLINIC LIMITED (REGISTERED NUMBER: 08837750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 3,146 416

Deferred
tax
£   
Balance at 1 February 2023 416
accelerated capital allowances 2,730
Balance at 31 January 2024 3,146

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
O Curties
Balance outstanding at start of year 14,892 -
Amounts advanced 28,402 14,892
Amounts repaid (9,872 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 33,422 14,892