Company Registration No. NI661360 (Northern Ireland)
North Coast Pilates & Physiotherapy Limited
Unaudited accounts
for the year ended 31 May 2024
North Coast Pilates & Physiotherapy Limited
Unaudited accounts
Contents
North Coast Pilates & Physiotherapy Limited
Company Information
for the year ended 31 May 2024
Director
Elizabeth Caldwell
Company Number
NI661360 (Northern Ireland)
Registered Office
North Coast Pilates & Physiotherapy
Unit 1
11 Somerset Road
Coleraine
County Londonderry
BT51 3LL
Northern Ireland
Accountants
Campbell Ritchie Chartered Accountants Ltd
21 Warnocks Lane
Coleraine
Co. Londonderry
BT52 1TH
North Coast Pilates & Physiotherapy Limited
Statement of financial position
as at 31 May 2024
Tangible assets
37,600
55,523
Cash at bank and in hand
13,456
7,993
Creditors: amounts falling due within one year
(34,364)
(44,955)
Net current liabilities
(17,908)
(24,453)
Total assets less current liabilities
19,692
36,070
Creditors: amounts falling due after more than one year
(28,771)
(35,696)
Net (liabilities)/assets
(9,079)
374
Called up share capital
100
100
Profit and loss account
(9,179)
274
Shareholders' funds
(9,079)
374
For the year ending 31 May 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 her 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 11 February 2025 and were signed on its behalf by
Elizabeth Caldwell
Director
Company Registration No. NI661360
North Coast Pilates & Physiotherapy Limited
Notes to the Accounts
for the year ended 31 May 2024
North Coast Pilates & Physiotherapy Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI661360. The registered office is North Coast Pilates & Physiotherapy, Unit 1, 11 Somerset Road, Coleraine, County Londonderry, BT51 3LL, Northern Ireland.
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.
These financial statements for the year ended 31 May 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
15% straight line
Computer equipment
20% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
North Coast Pilates & Physiotherapy Limited
Notes to the Accounts
for the year ended 31 May 2024
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
69,553
8,724
78,277
Additions
1,436
3,672
5,108
At 31 May 2024
70,989
12,396
83,385
At 1 June 2023
20,429
2,325
22,754
Charge for the year
18,633
4,398
23,031
At 31 May 2024
39,062
6,723
45,785
At 31 May 2024
31,927
5,673
37,600
At 31 May 2023
49,124
6,399
55,523
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
22,071
19,019
Trade creditors
2,641
2,480
Taxes and social security
14,696
15,662
Loans from directors
(9,612)
4,170
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).