REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 |
FOR |
HAMMOND PHYSIO LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 |
FOR |
HAMMOND PHYSIO LTD |
HAMMOND PHYSIO LTD (REGISTERED NUMBER: 09379080) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2025 |
Page |
Balance sheet | 1 |
Notes to the financial statements | 3 |
HAMMOND PHYSIO LTD (REGISTERED NUMBER: 09379080) |
BALANCE SHEET |
31 JANUARY 2025 |
2025 | 2024 |
Notes | £ | £ | £ |
Fixed assets |
Intangible assets | 4 |
Tangible assets | 5 |
Current assets |
Debtors | 6 |
Cash at bank |
Creditors |
Amounts falling due within one year | 7 |
Net current assets |
Total assets less current liabilities |
Creditors |
Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
Provisions for liabilities | 9 | ( |
) | ( |
) |
Net assets |
Capital and reserves |
Called up share capital | 10 |
Retained earnings |
Shareholders' funds |
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. |
HAMMOND PHYSIO LTD (REGISTERED NUMBER: 09379080) |
BALANCE SHEET - continued |
31 JANUARY 2025 |
The financial statements were approved by the director and authorised for issue on |
HAMMOND PHYSIO LTD (REGISTERED NUMBER: 09379080) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2025 |
1. | Statutory information |
Hammond Physio Ltd is a private company, limited by shares, registered in England and Wales.The company's registered number is 09379080. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and business address is 105 Springdale Road, Broadstone, Poole, Dorset, BH18 9BW. |
2. | Accounting policies |
Basis of preparing the financial statements |
Turnover |
Turnover represents income receivable from Physiotherapy services. |
Goodwill |
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 |
Plant and machinery | - |
Computer equipment | - |
Taxation |
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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. |
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset. |
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. |
Financial instruments |
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities. |
At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate. |
HAMMOND PHYSIO LTD (REGISTERED NUMBER: 09379080) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 JANUARY 2025 |
2. | Accounting policies - continued |
Fixed asset investments |
Fixed asset investments, being an investment portfolio held with Prudential, are being carried at revalued cost. Revaluation gains and losses are recognised as other comprehensive income in the year in which they arise. |
Group accounts |
The financial statements present information about the company as an individual undertaking and not about its group. The company and its parent comprise a small-sized group. The group has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts. |
3. | Employees and directors |
The average number of employees during the year was |
4. | Intangible fixed assets |
Goodwill |
£ |
Cost |
At 1 February 2024 |
and 31 January 2025 |
Amortisation |
At 1 February 2024 |
Charge for year |
At 31 January 2025 |
Net book value |
At 31 January 2025 |
At 31 January 2024 |
5. | Tangible fixed assets |
Plant and | Computer |
machinery | equipment | Totals |
£ | £ | £ |
Cost |
At 1 February 2024 |
Additions |
At 31 January 2025 |
Depreciation |
At 1 February 2024 |
Charge for year |
At 31 January 2025 |
Net book value |
At 31 January 2025 |
At 31 January 2024 |
HAMMOND PHYSIO LTD (REGISTERED NUMBER: 09379080) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 JANUARY 2025 |
6. | Debtors: amounts falling due within one year |
2025 | 2024 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Prepayments |
7. | Creditors: amounts falling due within one year |
2025 | 2024 |
£ | £ |
Bank loans and overdrafts |
Amounts owed to group undertakings |
Tax |
Accruals and deferred income |
8. | Creditors: amounts falling due after more than one year |
2025 | 2024 |
£ | £ |
Bank loans - 1-2 years |
Bank loans - 2-5 years |
9. | Provisions for liabilities |
2025 | 2024 |
£ | £ |
Deferred tax | 1,434 | 727 |
Deferred |
tax |
£ |
Balance at 1 February 2024 |
Provided during year |
Balance at 31 January 2025 |
10. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2025 | 2024 |
value: | £ | £ |
Ordinary A | £1 | 50 | 50 |
Ordinary B | £1 | 50 | 50 |
100 | 100 |
11. | Ultimate controlling party |
Mr John Hammond, the sole director, and his wife, Mrs Jennifer Hammond, own 100% of the voting share capital of the parent company Springdale Holdings Ltd, and therefore are deemed to be the ultimate controlling party. |