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REGISTERED NUMBER: 07706823 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

BACK TO WELLNESS CHIROPRACTIC LIMITED

BACK TO WELLNESS CHIROPRACTIC LIMITED (REGISTERED NUMBER: 07706823)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BACK TO WELLNESS CHIROPRACTIC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: M Lucas Esq





SECRETARY: Mrs D Lucas





REGISTERED OFFICE: Suite 1 Invicta Business Centre
Monument Way
Orbital Park
Ashford
Kent
TN24 0HB





BUSINESS ADDRESS: 280 Hythe Road
Willesborough
Ashford
Kent
TN24 0QP





REGISTERED NUMBER: 07706823 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
Invicta Business Centre
Monument Way
Orbital Park
Ashford
Kent
TN24 0HB

BACK TO WELLNESS CHIROPRACTIC LIMITED (REGISTERED NUMBER: 07706823)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 65,379 81,723
Tangible assets 6 27,637 34,628
93,016 116,351

CURRENT ASSETS
Debtors 7 21,560 416
Cash at bank 120,698 125,054
142,258 125,470
CREDITORS
Amounts falling due within one year 8 95,548 84,423
NET CURRENT ASSETS 46,710 41,047
TOTAL ASSETS LESS CURRENT
LIABILITIES

139,726

157,398

CREDITORS
Amounts falling due after more than one
year

9

(132,746

)

(148,670

)

PROVISIONS FOR LIABILITIES (6,880 ) (8,628 )
NET ASSETS 100 100

CAPITAL AND RESERVES
Called up share capital 100 100
SHAREHOLDERS' FUNDS 100 100

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 March 2025 and were signed by:





M Lucas Esq - Director


BACK TO WELLNESS CHIROPRACTIC LIMITED (REGISTERED NUMBER: 07706823)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Back to Wellness Chiropractic Limited 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents invoiced sales of services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on a straight line basis, 25% on reducing balance and 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

BACK TO WELLNESS CHIROPRACTIC LIMITED (REGISTERED NUMBER: 07706823)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 173,447
AMORTISATION
At 1 August 2023 91,724
Charge for year 16,344
At 31 July 2024 108,068
NET BOOK VALUE
At 31 July 2024 65,379
At 31 July 2023 81,723

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 95,044
DEPRECIATION
At 1 August 2023 60,416
Charge for year 6,991
At 31 July 2024 67,407
NET BOOK VALUE
At 31 July 2024 27,637
At 31 July 2023 34,628

BACK TO WELLNESS CHIROPRACTIC LIMITED (REGISTERED NUMBER: 07706823)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

6. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 19,268
DEPRECIATION
At 1 August 2023 11,485
Charge for year 1,143
At 31 July 2024 12,628
NET BOOK VALUE
At 31 July 2024 6,640
At 31 July 2023 7,783

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 21,560 416

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,948 10,237
Hire purchase contracts (see note 10) 6,572 10,850
Trade creditors 3,157 3,778
Taxation and social security 43,270 25,625
Other creditors 31,601 33,933
95,548 84,423

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 127,412 137,660
Hire purchase contracts (see note 10) 5,334 11,010
132,746 148,670

10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 6,572 10,850
Between one and five years 5,334 11,010
11,906 21,860

BACK TO WELLNESS CHIROPRACTIC LIMITED (REGISTERED NUMBER: 07706823)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

10. LEASING AGREEMENTS - continued

Non-cancellable operating leases
2024 2023
£    £   
Within one year 20,000 20,000
Between one and five years 80,000 80,000
In more than five years 86,667 106,667
186,667 206,667

11. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 138,360 147,897
Hire purchase contracts 11,906 21,860
150,266 169,757

The hire purchase agreements are secured on the assets that they relate to.

The bank loan is secured by way of a fixed and floating charge over all assets and property of the company. It is also secured by way of a personal guarantee from the shareholders and a second charge on their personal property.

12. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2024 2023
£    £   
M Lucas Esq
Balance outstanding at start of year (4,748 ) (2,276 )
Amounts advanced 30,800 5,918
Amounts repaid (4,858 ) (8,390 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 21,194 (4,748 )