Banchory Chiropody Practice Ltd
Registered number: SC426815
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 2,500 3,500
Tangible assets 4 10,500 13,000
13,000 16,500
Current assets
Debtors 5 - 294
Petty Cash 46 65
Cash at bank and in hand 8,663 11,743
8,709 12,102
Creditors: amounts falling due within one year 6 (3,811) (950)
Net current assets 4,898 11,152
Net assets 17,898 27,652
Capital and reserves
Called up share capital 10 10
Profit and loss account 17,888 27,642
Shareholders' funds 17,898 27,652
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
T.White
Director
Approved by the board on 24 February 2025
Banchory Chiropody Practice Ltd
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 6 6
3 Intangible fixed assets £
Goodwill:
Cost
At 1 July 2023 22,500
At 30 June 2024 22,500
Amortisation
At 1 July 2023 19,000
Provided during the year 1,000
At 30 June 2024 20,000
Net book value
At 30 June 2024 2,500
At 30 June 2023 3,500
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2023 40,296
At 30 June 2024 40,296
Depreciation
At 1 July 2023 27,296
Charge for the year 2,500
At 30 June 2024 29,796
Net book value
At 30 June 2024 10,500
At 30 June 2023 13,000
5 Debtors 2024 2023
£ £
Other debtors - 294
6 Creditors: amounts falling due within one year 2024 2023
£ £
Corporation tax 3,811 950
7 Other information
Banchory Chiropody Practice Ltd is a private company limited by shares and incorporated in England. Its registered office is:
6 Scott Skinner Square
Banchory
Kincardineshire
AB31 5SE
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