Colliton Street Psychotherapy Services Limited 04809312 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is continues to be the provision of psychotherapy services and facilities. Digita Accounts Production Advanced 6.30.9574.0 true true 04809312 2023-10-01 2024-09-30 04809312 2024-09-30 04809312 core:CurrentFinancialInstruments 2024-09-30 04809312 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 04809312 core:FurnitureFittingsToolsEquipment 2024-09-30 04809312 bus:SmallEntities 2023-10-01 2024-09-30 04809312 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 04809312 bus:FilletedAccounts 2023-10-01 2024-09-30 04809312 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04809312 bus:RegisteredOffice 2023-10-01 2024-09-30 04809312 bus:Director2 2023-10-01 2024-09-30 04809312 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04809312 bus:Agent1 2023-10-01 2024-09-30 04809312 core:Goodwill 2023-10-01 2024-09-30 04809312 core:FurnitureFittings 2023-10-01 2024-09-30 04809312 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 04809312 countries:AllCountries 2023-10-01 2024-09-30 04809312 2023-09-30 04809312 core:FurnitureFittingsToolsEquipment 2023-09-30 04809312 2022-10-01 2023-09-30 04809312 2023-09-30 04809312 core:CurrentFinancialInstruments 2023-09-30 04809312 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 04809312 core:FurnitureFittingsToolsEquipment 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 04809312

Colliton Street Psychotherapy Services Limited

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 30 September 2024

 

Colliton Street Psychotherapy Services Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 8

 

Colliton Street Psychotherapy Services Limited

Company Information

Director

Mrs M Ashby

Registered office

35 Rosebery Avenue
Yeovil
Somerset
BA21 5LW

Bankers

Santander UK plc
Business Banking Centre
301 St Vincent Street
Glasgow
G2 5NB

Accountants

Scott Vevers Ltd
Chartered Accountants
and Registered Auditors
65 East Street
Bridport
Dorset
DT6 3LB

 

Colliton Street Psychotherapy Services Limited

(Registration number: 04809312)
Abridged Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

4,836

5,373

Current assets

 

Debtors

1,320

360

Cash at bank and in hand

 

1,969

9,224

 

3,289

9,584

Creditors: Amounts falling due within one year

(2,539)

(9,463)

Net current assets

 

750

121

Total assets less current liabilities

 

5,586

5,494

Provisions for liabilities

(919)

(1,021)

Net assets

 

4,667

4,473

Capital and reserves

 

Called up share capital

6

1

1

Retained earnings

4,666

4,472

Shareholders' funds

 

4,667

4,473

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

The director acknowledges her 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

 

Colliton Street Psychotherapy Services Limited

(Registration number: 04809312)
Abridged Balance Sheet as at 30 September 2024

Approved and authorised by the director on 1 May 2025
 






 

Mrs M Ashby

Director

 

Colliton Street Psychotherapy Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

1

General information

The company is limited by shares incorporated in England within the United Kingdom. The address of the registered office is given in the company information on page 1 of these financial statements.

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 abridged financial statements were prepared in accordance with Section 1A of the Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These abridged 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.

Going concern

The financial statements have been prepared on a going concern basis.

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 sales/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.

Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received using the accrual model.

Tax

The tax expense for the period comprises current and deferred 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.

 

Colliton Street Psychotherapy Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

2

Accounting policies (continued)

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet 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

Fixtures and fittings

10% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Goodwill has been reduced to Nil.

Asset class

Amortisation method and rate

Goodwill

10 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, 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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Colliton Street Psychotherapy Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

2

Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Colliton Street Psychotherapy Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

4

Intangible assets

Total
£

Cost or valuation

At 1 October 2023

6,000

At 30 September 2024

6,000

Amortisation

At 1 October 2023

6,000

At 30 September 2024

6,000

Carrying amount

At 30 September 2024

-

5

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 October 2023

16,989

16,989

At 30 September 2024

16,989

16,989

Depreciation

At 1 October 2023

11,616

11,616

Charge for the year

537

537

At 30 September 2024

12,153

12,153

Carrying amount

At 30 September 2024

4,836

4,836

At 30 September 2023

5,373

5,373

 

Colliton Street Psychotherapy Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

1

1

1

1