2 2 DJW Physiotherapy Limited 07601069 false 2024-04-01 2024-12-31 2024-12-31 The principal activity of the company is that of physiotherapy services, lecturing and sports science. Digita Accounts Production Advanced 6.30.9574.0 true 07601069 2024-04-01 2024-12-31 07601069 2024-12-31 07601069 core:CurrentFinancialInstruments 2024-12-31 07601069 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 07601069 core:PlantMachinery 2024-12-31 07601069 1 2024-12-31 07601069 2 2024-12-31 07601069 bus:SmallEntities 2024-04-01 2024-12-31 07601069 bus:AuditExemptWithAccountantsReport 2024-04-01 2024-12-31 07601069 bus:FilletedAccounts 2024-04-01 2024-12-31 07601069 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2024-12-31 07601069 bus:RegisteredOffice 2024-04-01 2024-12-31 07601069 bus:Director1 2024-04-01 2024-12-31 07601069 bus:PrivateLimitedCompanyLtd 2024-04-01 2024-12-31 07601069 core:ComputerEquipment 2024-04-01 2024-12-31 07601069 core:PlantMachinery 2024-04-01 2024-12-31 07601069 countries:EnglandWales 2024-04-01 2024-12-31 07601069 1 2024-04-01 2024-12-31 07601069 2 2024-04-01 2024-12-31 07601069 2024-03-31 07601069 core:PlantMachinery 2024-03-31 07601069 1 2024-03-31 07601069 2 2024-03-31 07601069 2023-04-01 2024-03-31 07601069 2024-03-31 07601069 core:CurrentFinancialInstruments 2024-03-31 07601069 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07601069 1 2024-03-31 07601069 2 2024-03-31 07601069 1 2023-04-01 2024-03-31 07601069 2 2023-04-01 2024-03-31 07601069 1 2023-03-31 07601069 2 2023-03-31 xbrli:pure iso4217:GBP

Registration number: 07601069

DJW Physiotherapy Limited

Unaudited Filleted Financial Statements

for the Period from 1 April 2024 to 31 December 2024

 

DJW Physiotherapy Limited

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 7

 

DJW Physiotherapy Limited

(Registration number: 07601069)
Statement of Financial Position as at 31 December 2024

Note

31/12/2024
£

31/03/2024
£

Current assets

 

Debtors

5

3,485

7,149

Cash at bank and in hand

 

3,756

1,795

 

7,241

8,944

Creditors: Amounts falling due within one year

6

(2,350)

(2,692)

Net assets

 

4,891

6,252

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

4,791

6,152

Shareholders' funds

 

4,891

6,252

For the financial period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 7 March 2025 and signed on its behalf by:
 


Mr D J Weeks
Director

 

DJW Physiotherapy Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
12 Butts Road
Ottery St Mary
Devon
EX11 1EL

Principal activity

The principal activity of the company is that of physiotherapy services, lecturing and sports science.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling which is the functional currency of the entity.

 

DJW Physiotherapy Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 December 2024 (continued)

2

Accounting policies (continued)

Judgements and key sources of estimation uncertainty

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.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Computer equipment

25% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

 

DJW Physiotherapy Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 December 2024 (continued)

2

Accounting policies (continued)

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2024 - 2).

 

DJW Physiotherapy Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 December 2024 (continued)

4

Tangible assets

Computer equipment
£

Total
£

Cost or valuation

At 1 April 2024

1,968

1,968

Disposals

(1,968)

(1,968)

At 31 December 2024

-

-

Depreciation

At 1 April 2024

1,968

1,968

Eliminated on disposal

(1,968)

(1,968)

At 31 December 2024

-

-

Carrying amount

At 31 December 2024

-

-

5

Debtors

31/12/2024
£

31/03/2024
£

Trade debtors

-

1,015

Other debtors

3,485

6,134

3,485

7,149

 

DJW Physiotherapy Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 December 2024 (continued)

6

Creditors

Creditors: amounts falling due within one year

31/12/2024
£

31/03/2024
£

Due within one year

Taxation and social security

1,120

1,514

Accruals and deferred income

1,230

1,178

2,350

2,692

7

Reserves

Profit and loss account:

This reserve records retained earnings and accumulated losses.

8

Related party transactions

Transactions with directors

2024

At 1 April 2024
£

Advances to director
£

Repayments by director
£

At 31 December 2024
£

Director

1,841

1,045

(1,841)

1,045

Director

4,293

2,439

(4,293)

2,439

 

6,134

3,484

(6,134)

3,484

       

 

2024

At 1 April 2023
£

Advances to director
£

Repayments by director
£

At 31 March 2024
£

Director

3,378

1,841

(3,378)

1,841

Director

7,882

4,293

(7,882)

4,293

11,260

6,134

(11,260)

6,134

 


Directors’ loans are repayable on demand and subject to interest on overdrawn balances at the official rate.

 

DJW Physiotherapy Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 December 2024 (continued)

9

Post balance sheet events

Post balance sheet events

Following the cessation of trade on 31 December 2024, it is the intention of the directors to dissolve the company as soon as practicable.