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REGISTERED NUMBER: 10895121 (England and Wales)















Financial Statements

for the Period 1 September 2023 to 31 December 2024

for

Hito Physiotherapy Limited

Hito Physiotherapy Limited (Registered number: 10895121)






Contents of the Financial Statements
for the Period 1 September 2023 to 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Hito Physiotherapy Limited

Company Information
for the Period 1 September 2023 to 31 December 2024







DIRECTOR: A Barone





REGISTERED OFFICE: Unit 01.202 The Leather Market
11-13 Weston Street
London
SE1 3ER





REGISTERED NUMBER: 10895121 (England and Wales)





ACCOUNTANTS: Millward, May & Co
The Overhangs
55a Peach Street
Wokingham
Berkshire
RG40 1XP

Hito Physiotherapy Limited (Registered number: 10895121)

Statement of Financial Position
31 December 2024

31.12.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 175 296
Tangible assets 5 36,146 55,618
36,321 55,914

CURRENT ASSETS
Stocks 590 91
Debtors 6 8,764 7,076
Cash at bank 124 7,486
9,478 14,653
CREDITORS
Amounts falling due within one year 7 68,541 38,118
NET CURRENT LIABILITIES (59,063 ) (23,465 )
TOTAL ASSETS LESS CURRENT LIABILITIES (22,742 ) 32,449

CREDITORS
Amounts falling due after more than one year 8 - (31,781 )

PROVISIONS FOR LIABILITIES (846 ) -
NET (LIABILITIES)/ASSETS (23,588 ) 668

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings (23,688 ) 568
SHAREHOLDERS' FUNDS (23,588 ) 668

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 July 2025 and were signed by:



A Barone - Director


Hito Physiotherapy Limited (Registered number: 10895121)

Notes to the Financial Statements
for the Period 1 September 2023 to 31 December 2024

1. STATUTORY INFORMATION

Hito Physiotherapy 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.

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.

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

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.

Website is being amortised evenly over its estimated useful life of five years.

Website - 5 year straight line

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & Machinery - 5 year straight line
Computer Equipment - 3 year straight line
Fixtures & Fittings - 5 year straight line
Motor Vehicles - 25% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hito Physiotherapy Limited (Registered number: 10895121)

Notes to the Financial Statements - continued
for the Period 1 September 2023 to 31 December 2024

2. ACCOUNTING POLICIES - continued

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 or the lease term, whichever is the shorter.

Rentals paid under operating leases are charged to profit or loss on straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 September 2023
and 31 December 2024 455
AMORTISATION
At 1 September 2023 159
Charge for period 121
At 31 December 2024 280
NET BOOK VALUE
At 31 December 2024 175
At 31 August 2023 296

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 11,945 12,792 46,530 1,335 72,602
Disposals (320 ) - - - (320 )
At 31 December 2024 11,625 12,792 46,530 1,335 72,282
DEPRECIATION
At 1 September 2023 3,389 4,505 7,755 1,335 16,984
Charge for period 3,082 3,411 12,723 - 19,216
Eliminated on disposal (64 ) - - - (64 )
At 31 December 2024 6,407 7,916 20,478 1,335 36,136
NET BOOK VALUE
At 31 December 2024 5,218 4,876 26,052 - 36,146
At 31 August 2023 8,556 8,287 38,775 - 55,618

Hito Physiotherapy Limited (Registered number: 10895121)

Notes to the Financial Statements - continued
for the Period 1 September 2023 to 31 December 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.8.23
£    £   
Trade debtors 300 371
Other debtors 8,464 6,705
8,764 7,076

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.8.23
£    £   
Bank loans and overdrafts 12,115 -
Hire purchase contracts (see note 9) 30,122 4,635
Trade creditors 5,664 -
Taxation and social security 45 -
Other creditors 20,595 33,483
68,541 38,118

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.8.23
£    £   
Hire purchase contracts (see note 9) - 31,781

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.12.24 31.8.23
£    £   
Net obligations repayable:
Within one year 30,122 4,635
Between one and five years - 31,781
30,122 36,416

Non-cancellable operating leases
31.12.24 31.8.23
£    £   
Within one year 14,090 11,289
Between one and five years - 13,967
14,090 25,256

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.8.23
value: £    £   
100 Ordinary £1 100 100

11. RELATED PARTY DISCLOSURES

During the period the Director maintained a loan account with the Company. At the period end the Company owed the Director £3,767 (2023 - £18,281). This loan is interest free, repayable on demand and shown within other Creditors.

Hito Physiotherapy Limited (Registered number: 10895121)

Notes to the Financial Statements - continued
for the Period 1 September 2023 to 31 December 2024

12. GOING CONCERN

At the balance sheet date the company had a deficit of £23,588. The director is of the opinion that the shareholder will continue to support it for the foreseeable future, this being at least twelve months from the date that the balance sheet is signed.