Acorah Software Products - Accounts Production 16.1.200 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 08612960 Mrs Gemma Kemp Mr Alan Kemp iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08612960 2023-07-31 08612960 2024-07-31 08612960 2023-08-01 2024-07-31 08612960 frs-core:CurrentFinancialInstruments 2024-07-31 08612960 frs-core:Non-currentFinancialInstruments 2024-07-31 08612960 frs-core:ComputerEquipment 2024-07-31 08612960 frs-core:ComputerEquipment 2023-08-01 2024-07-31 08612960 frs-core:ComputerEquipment 2023-07-31 08612960 frs-core:PlantMachinery 2024-07-31 08612960 frs-core:PlantMachinery 2023-08-01 2024-07-31 08612960 frs-core:PlantMachinery 2023-07-31 08612960 frs-core:ShareCapital 2024-07-31 08612960 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 08612960 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 08612960 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 08612960 frs-bus:SmallEntities 2023-08-01 2024-07-31 08612960 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 08612960 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 08612960 frs-bus:Director1 2023-08-01 2024-07-31 08612960 frs-bus:Director2 2023-08-01 2024-07-31 08612960 frs-countries:EnglandWales 2023-08-01 2024-07-31 08612960 2022-07-31 08612960 2023-07-31 08612960 2022-08-01 2023-07-31 08612960 frs-core:CurrentFinancialInstruments 2023-07-31 08612960 frs-core:Non-currentFinancialInstruments 2023-07-31 08612960 frs-core:ShareCapital 2023-07-31 08612960 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 08612960
Finely Tuned Physiotherapy Limited
Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08612960
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 19,494 24,368
19,494 24,368
CURRENT ASSETS
Cash at bank and in hand 1 1
1 1
Creditors: Amounts Falling Due Within One Year 5 (15,362 ) (16,268 )
NET CURRENT ASSETS (LIABILITIES) (15,361 ) (16,267 )
TOTAL ASSETS LESS CURRENT LIABILITIES 4,133 8,101
Creditors: Amounts Falling Due After More Than One Year 6 (3,993 ) (7,998 )
NET ASSETS 140 103
CAPITAL AND RESERVES
Called up share capital 7 4 4
Profit and Loss Account 136 99
SHAREHOLDERS' FUNDS 140 103
Page 1
Page 2
For the year ending 31 July 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Alan Kemp
Director
27 November 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Finely Tuned Physiotherapy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08612960 . The registered office is Damer House, Meadow Way, Wickford, Essex, SS12 9HA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added taxes, and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Reducing balance
Computer Equipment 20% Reducing balance
2.4. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.
The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 2 (2023: 2)
2 2
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 August 2023 42,557 2,343 44,900
As at 31 July 2024 42,557 2,343 44,900
Depreciation
As at 1 August 2023 18,843 1,689 20,532
Provided during the period 4,743 131 4,874
As at 31 July 2024 23,586 1,820 25,406
Net Book Value
As at 31 July 2024 18,971 523 19,494
As at 1 August 2023 23,714 654 24,368
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 7,703 7,147
Other creditors 2,684 3,601
Taxation and social security 4,975 5,520
15,362 16,268
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,993 7,998
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4 4
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