IRIS Accounts Production v25.1.4.42 07841659 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078416592023-12-31078416592024-12-31078416592024-01-012024-12-31078416592022-12-31078416592023-01-012023-12-31078416592023-12-3107841659ns15:EnglandWales2024-01-012024-12-3107841659ns14:PoundSterling2024-01-012024-12-3107841659ns10:Director12024-01-012024-12-3107841659ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3107841659ns10:SmallEntities2024-01-012024-12-3107841659ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3107841659ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3107841659ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3107841659ns10:FullAccounts2024-01-012024-12-310784165912024-01-012024-12-3107841659ns10:Director22024-01-012024-12-3107841659ns10:RegisteredOffice2024-01-012024-12-3107841659ns5:CurrentFinancialInstruments2024-12-3107841659ns5:CurrentFinancialInstruments2023-12-3107841659ns5:Non-currentFinancialInstruments2024-12-3107841659ns5:Non-currentFinancialInstruments2023-12-3107841659ns5:ShareCapital2024-12-3107841659ns5:ShareCapital2023-12-3107841659ns5:RetainedEarningsAccumulatedLosses2024-12-3107841659ns5:RetainedEarningsAccumulatedLosses2023-12-3107841659ns5:NetGoodwill2024-01-012024-12-3107841659ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3107841659ns5:PlantMachinery2024-01-012024-12-3107841659ns5:FurnitureFittings2024-01-012024-12-3107841659ns5:MotorVehicles2024-01-012024-12-3107841659ns5:ComputerEquipment2024-01-012024-12-3107841659ns5:NetGoodwill2023-12-3107841659ns5:NetGoodwill2024-12-3107841659ns5:NetGoodwill2023-12-3107841659ns5:PlantMachinery2023-12-3107841659ns5:FurnitureFittings2023-12-3107841659ns5:MotorVehicles2023-12-3107841659ns5:ComputerEquipment2023-12-3107841659ns5:PlantMachinery2024-12-3107841659ns5:FurnitureFittings2024-12-3107841659ns5:MotorVehicles2024-12-3107841659ns5:ComputerEquipment2024-12-3107841659ns5:PlantMachinery2023-12-3107841659ns5:FurnitureFittings2023-12-3107841659ns5:MotorVehicles2023-12-3107841659ns5:ComputerEquipment2023-12-3107841659ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-01-012024-12-3107841659ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-12-3107841659ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3107841659ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: 07841659 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THE BARNES PHYSIOTHERAPY PRACTICE LTD

THE BARNES PHYSIOTHERAPY PRACTICE LTD (REGISTERED NUMBER: 07841659)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE BARNES PHYSIOTHERAPY PRACTICE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Ms K E Barnes
J K A Bradley





REGISTERED OFFICE: 25 Firs Walk
Tewin
Welwyn
Hertfordshire
AL6 0NY





REGISTERED NUMBER: 07841659 (England and Wales)





ACCOUNTANTS: Barker Wilkinson Limited
19-21 Middle Row
Stevenage
Hertfordshire
SG1 3AW

THE BARNES PHYSIOTHERAPY PRACTICE LTD (REGISTERED NUMBER: 07841659)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 51,287 20,568
51,287 20,568

CURRENT ASSETS
Debtors 6 12,992 19,776
Cash at bank and in hand 38,652 49,908
51,644 69,684
CREDITORS
Amounts falling due within one year 7 17,221 12,996
NET CURRENT ASSETS 34,423 56,688
TOTAL ASSETS LESS CURRENT
LIABILITIES

85,710

77,256

CREDITORS
Amounts falling due after more than one year 8 (22,321 ) -

PROVISIONS FOR LIABILITIES (9,864 ) -
NET ASSETS 53,525 77,256

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 53,524 77,255
53,525 77,256

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 BARNES PHYSIOTHERAPY PRACTICE LTD (REGISTERED NUMBER: 07841659)

BALANCE SHEET - continued
31 DECEMBER 2024


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 Board of Directors and authorised for issue on 28 July 2025 and were signed on its behalf by:





Ms K E Barnes - Director


THE BARNES PHYSIOTHERAPY PRACTICE LTD (REGISTERED NUMBER: 07841659)

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

1. STATUTORY INFORMATION

The Barnes Physiotherapy Practice Ltd 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.

2. ACCOUNTING POLICIES

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

The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date.

Therefore the financial statements for the year ended 31st December 2024 have been prepared using the going concern basis of accounting.

Significant judgements and estimates
In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from those estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of six 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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

THE BARNES PHYSIOTHERAPY PRACTICE LTD (REGISTERED NUMBER: 07841659)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
The directors consider all financial instruments to be basic financial instruments in accordance with section 11 of FRS102. All basic financial instruments including trade and other debtors, cash and cash equivalents, and trade and other creditors, are initially recognised at transaction price and thereafter stated at amortised cost.

Trade and other receivables and payables

Trade and other receivables and payables are measured at amortised cost which approximates to fair value given the short term nature of these assets and liabilities.

Trade receivables are valued at original invoice amount less an allowance for potentially un-collectable debts. Provision is made where there is objective evidence to suggest that the company will not be in a position to collect receivables as they fall due. Bad and Doubtful debts are written off in the profit and loss account on identification.

Cash and cash equivalents

Cash and cash equivalents comprise cash balances held for the purposes of meeting short-term cash commitments.

Taxation
Taxation for the year comprises current 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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

THE BARNES PHYSIOTHERAPY PRACTICE LTD (REGISTERED NUMBER: 07841659)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 104,998
AMORTISATION
At 1 January 2024
and 31 December 2024 104,998
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 38,057 22,112 - 8,035 68,204
Additions - - 35,000 - 35,000
At 31 December 2024 38,057 22,112 35,000 8,035 103,204
DEPRECIATION
At 1 January 2024 21,212 20,557 - 5,867 47,636
Charge for year 3,369 311 167 434 4,281
At 31 December 2024 24,581 20,868 167 6,301 51,917
NET BOOK VALUE
At 31 December 2024 13,476 1,244 34,833 1,734 51,287
At 31 December 2023 16,845 1,555 - 2,168 20,568

THE BARNES PHYSIOTHERAPY PRACTICE LTD (REGISTERED NUMBER: 07841659)

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

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 35,000
At 31 December 2024 35,000
DEPRECIATION
Charge for year 167
At 31 December 2024 167
NET BOOK VALUE
At 31 December 2024 34,833

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,004 15,884
Amounts recoverable on
contracts 3,524 3,892
Prepayments 464 -
12,992 19,776

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 194 -
Trade creditors 1,469 2,434
Tax - 6,917
Social security and other taxes 1,448 2,504
Directors' current accounts 12,485 -
Accrued expenses 1,625 1,141
17,221 12,996

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 22,321 -

9. OTHER FINANCIAL COMMITMENTS

As at the balance sheet date the company had future obligations in respect of two property leases aggregating £79,800 (2023: £95760) from January 2021 although the leases were not formally completed until 10 June 2021).