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REGISTERED NUMBER: 04642741 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

WESSEX PHYSIOTHERAPY AND SPORTS INJURY
CLINICS LIMITED

WESSEX PHYSIOTHERAPY AND SPORTS INJURY
CLINICS LIMITED (REGISTERED NUMBER: 04642741)

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










Page

Balance sheet 1

Notes to the financial statements 3


WESSEX PHYSIOTHERAPY AND SPORTS INJURY
CLINICS LIMITED (REGISTERED NUMBER: 04642741)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Intangible assets 4 - -
Tangible assets 5 5,940 1,702
5,940 1,702

Current assets
Stocks - 300
Debtors 6 24,621 17,716
Cash at bank and in hand 6,579 13,389
31,200 31,405
Creditors
Amounts falling due within one year 7 28,882 29,251
Net current assets 2,318 2,154
Total assets less current liabilities 8,258 3,856

Provisions for liabilities 9 1,307 426
Net assets 6,951 3,430

Capital and reserves
Called up share capital 10 4 4
Retained earnings 6,947 3,426
Shareholders' funds 6,951 3,430

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 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.

WESSEX PHYSIOTHERAPY AND SPORTS INJURY
CLINICS LIMITED (REGISTERED NUMBER: 04642741)

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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2024 and were signed on its behalf by:




Mr R Goddard - Director



Mr S Patrick - Director


WESSEX PHYSIOTHERAPY AND SPORTS INJURY
CLINICS LIMITED (REGISTERED NUMBER: 04642741)

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


1. Statutory information

Wessex Physiotherapy and Sports Injury Clinics Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 04642741. The Registered Office address, and business address, is Wimborne Clinic, Knobcrook Road, Wimborne, Dorset, BH21 1NL.

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 represents amounts received for the provision of physiotherapy services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business, has now been fully amortised.

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 reducing balance
Fixtures and fittings - 33% on cost
Computer equipment - 25% on reducing balance

Stocks
Stock and Work In Progress are valued at the lower of cost and net realisable value.

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 that have been enacted or substantively enacted by the balance sheet date.

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.

WESSEX PHYSIOTHERAPY AND SPORTS INJURY
CLINICS LIMITED (REGISTERED NUMBER: 04642741)

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


2. Accounting policies - continued

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 8 (2023 - 9 ) .

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 February 2023
and 31 January 2024 83,043
Amortisation
At 1 February 2023
and 31 January 2024 83,043
Net book value
At 31 January 2024 -
At 31 January 2023 -

5. Tangible fixed assets
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
Cost
At 1 February 2023 18,681 3,296 12,773 34,750
Additions 130 - 6,088 6,218
At 31 January 2024 18,811 3,296 18,861 40,968
Depreciation
At 1 February 2023 17,562 3,296 12,190 33,048
Charge for year 312 - 1,668 1,980
At 31 January 2024 17,874 3,296 13,858 35,028
Net book value
At 31 January 2024 937 - 5,003 5,940
At 31 January 2023 1,119 - 583 1,702

WESSEX PHYSIOTHERAPY AND SPORTS INJURY
CLINICS LIMITED (REGISTERED NUMBER: 04642741)

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


6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 6,417 8,575
Directors' current accounts 16,959 7,957
Prepayments 1,245 1,184
24,621 17,716

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 1,874 3,935
Tax 23,179 17,127
Social security and other taxes 341 210
Wages - 4,612
Pension 68 61
Accruals and deferred income 3,420 3,306
28,882 29,251

8. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 15,000 15,000
Between one and five years 60,000 60,000
In more than five years 45,000 60,000
120,000 135,000

9. Provisions for liabilities
2024 2023
£    £   
Deferred tax 1,307 426

Deferred
tax
£   
Balance at 1 February 2023 426
Charge to Income statement during year 881
Balance at 31 January 2024 1,307

WESSEX PHYSIOTHERAPY AND SPORTS INJURY
CLINICS LIMITED (REGISTERED NUMBER: 04642741)

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


10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary A £1 1 1
1 Ordinary B £1 1 1
1 Ordinary C £1 1 1
1 Ordinary D £1 1 1
4 4

11. Directors' advances, credits and guarantees

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

2024 2023
£    £   
Mr R Goddard
Balance outstanding at start of year 3,887 -
Amounts advanced 46,646 3,887
Amounts repaid (42,145 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,388 3,887

Mr S Patrick
Balance outstanding at start of year 4,070 -
Amounts advanced 46,646 4,070
Amounts repaid (42,145 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,571 4,070

As at the balance sheet date the directors, Mr R Goddard and Mr S Patrick owed the company £8,388 and £8,571 respectively.

These were the maximum amounts outstanding at any time during the year and we fully repaid within nine months of the year end.

12. Ultimate controlling party

The company is controlled by the directors Mr R Goddard and Mr S Patrick, each owning 50% of the issued share capital.