Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1true2023-03-01falseThe principal activity of the company continued to be that of physio consultants.1true 08394528 2023-03-01 2024-02-29 08394528 2022-03-01 2023-02-28 08394528 2024-02-29 08394528 2023-02-28 08394528 c:Director1 2023-03-01 2024-02-29 08394528 d:MotorVehicles 2023-03-01 2024-02-29 08394528 d:MotorVehicles 2024-02-29 08394528 d:MotorVehicles 2023-02-28 08394528 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 08394528 d:FurnitureFittings 2023-03-01 2024-02-29 08394528 d:FurnitureFittings 2024-02-29 08394528 d:FurnitureFittings 2023-02-28 08394528 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 08394528 d:ComputerEquipment 2023-03-01 2024-02-29 08394528 d:ComputerEquipment 2024-02-29 08394528 d:ComputerEquipment 2023-02-28 08394528 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 08394528 d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 08394528 d:ComputerSoftware 2024-02-29 08394528 d:ComputerSoftware 2023-02-28 08394528 d:OtherResidualIntangibleAssets 2023-03-01 2024-02-29 08394528 d:CurrentFinancialInstruments 2024-02-29 08394528 d:CurrentFinancialInstruments 2023-02-28 08394528 d:Non-currentFinancialInstruments 2024-02-29 08394528 d:Non-currentFinancialInstruments 2023-02-28 08394528 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 08394528 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 08394528 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-29 08394528 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-28 08394528 d:ShareCapital 2024-02-29 08394528 d:ShareCapital 2023-02-28 08394528 d:RetainedEarningsAccumulatedLosses 2024-02-29 08394528 d:RetainedEarningsAccumulatedLosses 2023-02-28 08394528 c:FRS102 2023-03-01 2024-02-29 08394528 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 08394528 c:FullAccounts 2023-03-01 2024-02-29 08394528 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 08394528 d:ComputerSoftware d:OwnedIntangibleAssets 2023-03-01 2024-02-29 08394528 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure
Registered number: 08394528














HOME PHYSIO GROUP LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 29 FEBRUARY 2024

 
HOME PHYSIO GROUP LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1 - 2
Notes to the Financial Statements
 
 
3 - 7


 
HOME PHYSIO GROUP LIMITED
REGISTERED NUMBER:08394528

STATEMENT OF FINANCIAL POSITION
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
1,125
2,102

Tangible assets
 5 
41,873
50,764

  
42,998
52,866

Current assets
  

Debtors: amounts falling due within one year
 6 
13,665
15,705

Cash at bank and in hand
  
224,801
163,506

  
238,466
179,211

Current liabilities
  

Creditors: amounts falling due within one year
 7 
(70,044)
(67,674)

Net current assets
  
 
 
168,422
 
 
111,537

Total assets less current liabilities
  
211,420
164,403

Creditors: amounts falling due after more than one year
  
(36,446)
(44,114)

Net assets
  
174,974
120,289


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
174,874
120,189

  
174,974
120,289


Page 1

 
HOME PHYSIO GROUP LIMITED
REGISTERED NUMBER:08394528
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 29 FEBRUARY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




H H Perpinyal
Director

Date: 27 November 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
HOME PHYSIO GROUP LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Home Physio Group Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, United Kingdom, WD6 1JD.
The principal activity of the company continued to be that of physio consultants.
The company's functional and presentational currency is £ Sterling.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover represents net invoiced sales of services.  Income is recognised at the point the service is provided.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 3

 
HOME PHYSIO GROUP LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Website Domain
-
5
years

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Motor vehicles
-
20%
reducing balance
Fixtures and fittings
-
20%
on cost
Computer equipment
-
20%
on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 4

 
HOME PHYSIO GROUP LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Intangible assets






Website Domain

£



Cost


At 1 March 2023
4,889



At 29 February 2024

4,889



Amortisation


At 1 March 2023
2,787


Charge for the year on owned assets
977



At 29 February 2024

3,764



Net book value



At 29 February 2024
1,125



At 28 February 2023
2,102



Page 5

 
HOME PHYSIO GROUP LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Tangible fixed assets







Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 March 2023
71,000
3,922
14,320
89,242


Additions
-
2,197
1,961
4,158



At 29 February 2024

71,000
6,119
16,281
93,400



Depreciation


At 1 March 2023
25,560
1,568
11,350
38,478


Charge for the year on owned assets
9,088
931
3,030
13,049



At 29 February 2024

34,648
2,499
14,380
51,527



Net book value



At 29 February 2024
36,352
3,620
1,901
41,873



At 28 February 2023
45,440
2,354
2,970
50,764


6.


Debtors

29 February
28 February
2024
2023
£
£


Trade debtors
13,665
15,705

13,665
15,705


Page 6

 
HOME PHYSIO GROUP LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

7.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Corporation tax
34,915
14,167

Obligations under finance lease and hire purchase contracts
7,520
7,372

Other creditors
21,919
44,696

Accruals and deferred income
5,690
1,439

70,044
67,674



8.


Creditors: Amounts falling due after more than one year

29 February
28 February
2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
36,446
44,114

36,446
44,114


 
Page 7