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REGISTERED NUMBER: 08325058 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Clinical Prevention + Rehabilitation Ltd

Clinical Prevention + Rehabilitation Ltd (Registered number: 08325058)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Clinical Prevention + Rehabilitation Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: I R Cradock





REGISTERED OFFICE: 8 Upper Wimpole Street
London
W1G 6NF





REGISTERED NUMBER: 08325058 (England and Wales)





ACCOUNTANTS: We`ll Mind Your Own Business LTD
39 Long Acre
London
WC2E 9LG

Clinical Prevention + Rehabilitation Ltd (Registered number: 08325058)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,808 21,617
Tangible assets 5 21,760 71,941
32,568 93,558

CURRENT ASSETS
Debtors 6 479,324 684,706
Cash at bank 81,251 47,235
560,575 731,941
CREDITORS
Amounts falling due within one year 7 596,034 985,808
NET CURRENT LIABILITIES (35,459 ) (253,867 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,891

)

(160,309

)

CREDITORS
Amounts falling due after more than
one year

8

55,908

78,223
NET LIABILITIES (58,799 ) (238,532 )

Clinical Prevention + Rehabilitation Ltd (Registered number: 08325058)

Balance Sheet - continued
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 132 132
Share premium 239,976 239,976
Retained earnings (298,907 ) (478,640 )
SHAREHOLDERS' FUNDS (58,799 ) (238,532 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 February 2025 and were signed by:





I R Cradock - Director


Clinical Prevention + Rehabilitation Ltd (Registered number: 08325058)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Clinical Prevention + Rehabilitation Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover
Turnover is recognised the the extent that is it probable the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of consideration received or receivable, excluding discounts, rebates, valued added tax and other sales taxes.

Turnover is recognised in the period in which the services are provided in accordance with
the stage of completion of the specific contract when all of the following conditions are
satisfied:

- the amount of the turnover can be reliably measured.
- it is probable that the company will receive the consideration due under the contract.
- the stage of completion of the contract at the end of the reporting period can be measured reliably.
- the costs incurred and the costs to complete the contract can be reliably measured.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Other intangible assets is being amortised evenly over its estimated useful life of five years.

Clinical Prevention + Rehabilitation Ltd (Registered number: 08325058)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over 10 years
Fixtures and fittings - Straight line over 5 years
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 3 years

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.


Clinical Prevention + Rehabilitation Ltd (Registered number: 08325058)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 50 (2023 - 37 ) .

Clinical Prevention + Rehabilitation Ltd (Registered number: 08325058)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 151,394 54,043 205,437
AMORTISATION
At 1 June 2023 151,394 32,426 183,820
Amortisation for year - 10,809 10,809
At 31 May 2024 151,394 43,235 194,629
NET BOOK VALUE
At 31 May 2024 - 10,808 10,808
At 31 May 2023 - 21,617 21,617

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 162,496 70,930 116,864 67,627 417,917
Additions - 1,246 - 5,610 6,856
Disposals - - (116,864 ) - (116,864 )
At 31 May 2024 162,496 72,176 - 73,237 307,909
DEPRECIATION
At 1 June 2023 150,704 60,320 86,079 48,873 345,976
Charge for year 11,302 4,689 - 10,261 26,252
Eliminated on disposal - - (86,079 ) - (86,079 )
At 31 May 2024 162,006 65,009 - 59,134 286,149
NET BOOK VALUE
At 31 May 2024 490 7,167 - 14,103 21,760
At 31 May 2023 11,792 10,610 30,785 18,754 71,941

Clinical Prevention + Rehabilitation Ltd (Registered number: 08325058)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 56,296 244,989
Other debtors 398,971 426,489
Tax 8,256 2,442
Prepayments and accrued income 15,801 10,786
479,324 684,706

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 104,189 42,124
Hire purchase contracts - 3,469
Trade creditors 29,528 45,008
Social security and other taxes 139,707 205,487
Other creditors 11,444 56,145
Accruals and deferred income 311,166 633,575
596,034 985,808

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans 55,908 63,179
Hire purchase contracts - 15,044
55,908 78,223

9. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Hire purchase contracts - 18,513

Clinical Prevention + Rehabilitation Ltd (Registered number: 08325058)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
13,168 Ordinary 1p 132 132

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
I R Cradock
Balance outstanding at start of year 259,866 269,383
Amounts advanced 255,165 433,149
Amounts repaid (270,578 ) (442,666 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 244,453 259,866

The amounts for the director's loan are included in the other debtors. The loan is interest free and repayable on demand.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is I R Cradock.