Company Registration No. 12929943 (England and Wales)
Ability Therapies Limited
Unaudited accounts
for the year ended 31 October 2024
Ability Therapies Limited
Unaudited accounts
Contents
Ability Therapies Limited
Company Information
for the year ended 31 October 2024
Directors
Bradley Winstanley
Kirsty Walter
Melanie Horton
Company Number
12929943 (England and Wales)
Registered Office
212 SHOEBURY ROAD
SOUTHEND-ON-SEA
SS1 3RG
ENGLAND
Accountants
SilverstoneBKS Limited
127 Raphael Drive
Shoeburyness
Southend on Sea
Essex
SS3 9UR
Ability Therapies Limited
Statement of financial position
as at 31 October 2024
Tangible assets
3,699
7,289
Cash at bank and in hand
17,206
22,957
Creditors: amounts falling due within one year
(1,615)
(10,657)
Net current assets
24,693
26,723
Called up share capital
3
3
Profit and loss account
28,389
34,009
Shareholders' funds
28,392
34,012
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 18 November 2024 and were signed on its behalf by
Melanie Horton
Director
Company Registration No. 12929943
Ability Therapies Limited
Notes to the Accounts
for the year ended 31 October 2024
Ability Therapies Limited is a private company, limited by shares, registered in England and Wales, registration number 12929943. The registered office is 212 SHOEBURY ROAD, SOUTHEND-ON-SEA, SS1 3RG, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% straight line full month
Fixtures & fittings
25% straight line full month
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2023
3,697
11,480
15,177
At 31 October 2024
3,697
11,480
15,177
At 1 November 2023
1,954
5,934
7,888
Charge for the year
958
2,632
3,590
At 31 October 2024
2,912
8,566
11,478
At 31 October 2024
785
2,914
3,699
At 31 October 2023
1,743
5,546
7,289
Ability Therapies Limited
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Trade debtors
8,787
14,423
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(75)
2,576
Proposed dividends
1,500
3,000
Loans from directors
-
5,309
7
Average number of employees
During the year the average number of employees was 5 (2023: 4).