IRIS Accounts Production v24.3.0.553 14684125 Board of Directors 23.2.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh146841252023-02-22146841252024-03-31146841252023-02-232024-03-31146841252023-02-2214684125ns15:EnglandWales2023-02-232024-03-3114684125ns14:PoundSterling2023-02-232024-03-3114684125ns10:Director12023-02-232024-03-3114684125ns10:PrivateLimitedCompanyLtd2023-02-232024-03-3114684125ns10:SmallEntities2023-02-232024-03-3114684125ns10:AuditExempt-NoAccountantsReport2023-02-232024-03-3114684125ns10:SmallCompaniesRegimeForDirectorsReport2023-02-232024-03-3114684125ns10:SmallCompaniesRegimeForAccounts2023-02-232024-03-3114684125ns10:FullAccounts2023-02-232024-03-311468412512023-02-232024-03-3114684125ns10:Director22023-02-232024-03-3114684125ns10:RegisteredOffice2023-02-232024-03-3114684125ns5:CurrentFinancialInstruments2024-03-3114684125ns5:ShareCapital2024-03-3114684125ns5:RetainedEarningsAccumulatedLosses2024-03-3114684125ns5:NetGoodwill2023-02-232024-03-3114684125ns5:IntangibleAssetsOtherThanGoodwill2023-02-232024-03-3114684125ns5:NetGoodwill2024-03-3114684125ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31
REGISTERED NUMBER: 14684125 (England and Wales)
















Unaudited Financial Statements

for the Period

23rd February 2023 to 31st March 2024

for

Family Chiro Ltd

Family Chiro Ltd (Registered number: 14684125)






Contents of the Financial Statements
for the Period 23rd February 2023 to 31st March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Family Chiro Ltd

Company Information
for the Period 23rd February 2023 to 31st March 2024







DIRECTORS: M J Yacoub
Mrs Z Yacoub





REGISTERED OFFICE: Delmon House
36-38 Church Road
Burgess Hill
West Sussex
RH15 9AE





REGISTERED NUMBER: 14684125 (England and Wales)





ACCOUNTANTS: Sigma Partners
Delmon House
36-38 Church Road
Burgess Hill
West Sussex
RH15 9AE

Family Chiro Ltd (Registered number: 14684125)

Statement of Financial Position
31st March 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 104,004

CURRENT ASSETS
Debtors 5 12,107
Cash at bank 7,678
19,785
CREDITORS
Amounts falling due within one year 6 114,933
NET CURRENT LIABILITIES (95,148 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,856

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 8,756
SHAREHOLDERS' FUNDS 8,856

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

Family Chiro Ltd (Registered number: 14684125)

Statement of Financial Position - 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20th November 2024 and were signed on its behalf by:





M J Yacoub - Director


Family Chiro Ltd (Registered number: 14684125)

Notes to the Financial Statements
for the Period 23rd February 2023 to 31st March 2024

1. STATUTORY INFORMATION

Family Chiro Ltd 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 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2024, 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.

Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Family Chiro Ltd (Registered number: 14684125)

Notes to the Financial Statements - continued
for the Period 23rd February 2023 to 31st March 2024

2. ACCOUNTING POLICIES - continued

Going concern
Although the company has net current liabilities, the accounts have been prepared on a going concern basis. The company relies on support via a loan from a related company, and the directors of this company have pledged their ongoing support.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 115,560
At 31st March 2024 115,560
AMORTISATION
Amortisation for period 11,556
At 31st March 2024 11,556
NET BOOK VALUE
At 31st March 2024 104,004

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 8,147
Other debtors 3,960
12,107

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 134
Taxation and social security 5,860
Other creditors 108,939
114,933

7. RELATED PARTY DISCLOSURES

An intercompany loan of £103,141 is owed to Physio Plus (Eastbourne) Ltd, a company under common control. This loan is unsecured, repayable on demand and does not attract interest.