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Company Registration No. 10555298 (England and Wales)
MIND & BODY ALTERNATIVE HEALTH CLINIC LTD Unaudited accounts for the year ended 31 January 2024
MIND & BODY ALTERNATIVE HEALTH CLINIC LTD Unaudited accounts Contents
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MIND & BODY ALTERNATIVE HEALTH CLINIC LTD Company Information for the year ended 31 January 2024
Director
Muhammad Ali
Company Number
10555298 (England and Wales)
Registered Office
128 STONEY LANE BALSALL HEATH BIRMINGHAM WEST MIDLANDS B12 8AQ UK
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MIND & BODY ALTERNATIVE HEALTH CLINIC LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
9,900 
9,900 
Fixed assets
Tangible assets
1,298 
1,622 
Current assets
Inventories
12,585 
15,450 
Debtors
- 
2,183 
Cash at bank and in hand
359 
589 
12,944 
18,222 
Creditors: amounts falling due within one year
(2,190)
(1,890)
Net current assets
10,754 
16,332 
Total assets less current liabilities
21,952 
27,854 
Creditors: amounts falling due after more than one year
(30,402)
(40,704)
Net liabilities
(8,450)
(12,850)
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
(18,450)
(22,850)
Shareholders' funds
(8,450)
(12,850)
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 7 November 2024 and were signed on its behalf by
Muhammad Ali Director Company Registration No. 10555298
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MIND & BODY ALTERNATIVE HEALTH CLINIC LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
MIND & BODY ALTERNATIVE HEALTH CLINIC LTD is a private company, limited by shares, registered in England and Wales, registration number 10555298. The registered office is 128 STONEY LANE, BALSALL HEATH, BIRMINGHAM, WEST MIDLANDS, B12 8AQ, UK.
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.
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.
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
20% straight line basis
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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MIND & BODY ALTERNATIVE HEALTH CLINIC LTD Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2023
4,950 
At 31 January 2024
4,950 
Depreciation
At 1 February 2023
3,328 
Charge for the year
324 
At 31 January 2024
3,652 
Net book value
At 31 January 2024
1,298 
At 31 January 2023
1,622 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
2,183 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
190 
190 
Accruals
2,000 
1,700 
2,190 
1,890 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
30,402 
40,704 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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