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Company Registration No. 11089477 (England and Wales)
SACKS OSTEOPATHY LTD Unaudited accounts for the year ended 31 March 2024
SACKS OSTEOPATHY LTD Unaudited accounts Contents
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SACKS OSTEOPATHY LTD Company Information for the year ended 31 March 2024
Directors
Mr Stephen Sacks Mrs Naomi Esther Katz Sacks
Company Number
11089477 (England and Wales)
Registered Office
152 Coles Green Road London NW2 7HD
Accountants
Jacobs & Company 152 Coles Green Road London NW2 7HD
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SACKS OSTEOPATHY LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
35,000 
40,000 
Tangible assets
51,358 
60,994 
86,358 
100,994 
Current assets
Debtors
142,599 
479 
Cash at bank and in hand
4,726 
165,877 
147,325 
166,356 
Creditors: amounts falling due within one year
(23,633)
(47,586)
Net current assets
123,692 
118,770 
Total assets less current liabilities
210,050 
219,764 
Creditors: amounts falling due after more than one year
(17,025)
(26,311)
Provisions for liabilities
Deferred tax
(10,519)
(9,392)
Net assets
182,506 
184,061 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
182,406 
183,961 
Shareholders' funds
182,506 
184,061 
For the year ending 31 March 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 29 November 2024 and were signed on its behalf by
Mr Stephen Sacks Director Company Registration No. 11089477
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SACKS OSTEOPATHY LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
SACKS OSTEOPATHY LTD is a private company, limited by shares, registered in England and Wales, registration number 11089477. The registered office is 152 Coles Green Road, London, NW2 7HD.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Land & buildings
over the life of the lease
Motor vehicles
5 years straight line
Fixtures & fittings
5 years straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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SACKS OSTEOPATHY LTD Notes to the Accounts for the year ended 31 March 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
45,000 
At 31 March 2024
45,000 
Amortisation
At 1 April 2023
5,000 
Charge for the year
5,000 
At 31 March 2024
10,000 
Net book value
At 31 March 2024
35,000 
At 31 March 2023
40,000 
5
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
15,631 
55,183 
1,616 
72,430 
At 31 March 2024
15,631 
55,183 
1,616 
72,430 
Depreciation
At 1 April 2023
4,076 
7,037 
323 
11,436 
Charge for the year
2,276 
7,037 
323 
9,636 
At 31 March 2024
6,352 
14,074 
646 
21,072 
Net book value
At 31 March 2024
9,279 
41,109 
970 
51,358 
At 31 March 2023
11,555 
48,146 
1,293 
60,994 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
5,479 
479 
Other debtors
137,120 
- 
142,599 
479 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
19,133 
10,002 
Loans from directors
- 
25,984 
Accruals
4,500 
11,600 
23,633 
47,586 
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SACKS OSTEOPATHY LTD Notes to the Accounts for the year ended 31 March 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
17,025 
26,311 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 March 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
66,000 
66,000 
11
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr Stephen Sacks
Loan with interest charged at 2.25%
- 
126,793 
- 
126,793 
- 
126,793 
- 
126,793 
Interest is charged on the daily balance outstanding at 2.25%. The loan was repaid after the year end.
12
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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