Willaston Physiotherapy Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08293064 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

WILLASTON PHYSIOTHERAPY LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTOR:

Mrs J Callow

REGISTERED OFFICE:

Enterprise House

The Courtyard

Old Court House Road

Bromborough

Wirral

CH62 4UE

REGISTERED NUMBER:

08293064 (England and Wales)

ACCOUNTANTS:

LBW Chartered Accountants

Enterprise House

The Courtyard

Old Courthouse Road

Bromborough

Merseyside

CH62 4UE

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

5,452

6,815

5,452

6,815

CURRENT ASSETS

Debtors

6

-

7,371

Cash at bank and in hand

2,233

6,865

2,233

14,236

CREDITORS

Amounts falling due within one year

7

7,289

15,344

NET CURRENT LIABILITIES

(5,056

)

(1,108

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

396

5,707

CREDITORS

Amounts falling due after more than one
year

8

258,321

284,086

NET LIABILITIES

(257,925

)

(278,379

)

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

10

(258,025

)

(278,479

)

SHAREHOLDERS' FUNDS

(257,925

)

(278,379

)

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 director acknowledges her 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 9 September 2025 and were signed by:

Mrs J Callow - Director

1.	STATUTORY INFORMATION

Willaston 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.

The financial statements have been prepared on the going concern basis as the company intends to continue its business for the foreseeable future. This means that the profit and loss account and balance sheet assume no intention or necessity to liquidate or significantly curtail the scale of operations. Furthermore, the financial statements have been prepared on the basis that financial support will continue to be provided by its main creditor and director Mrs J Callow.

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 2013, 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.

Improvements to property

-

10% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

25% on cost

Taxation

Taxation for the year 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 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

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

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 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

100,000

AMORTISATION

At 1 January 2024

and 31 December 2024

100,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

COST

At 1 January 2024

and 31 December 2024

126,115

45,795

26,967

15,484

214,361

DEPRECIATION

At 1 January 2024

126,113

41,794

24,155

15,484

207,546

Charge for year

-

800

563

-

1,363

At 31 December 2024

126,113

42,594

24,718

15,484

208,909

NET BOOK VALUE

At 31 December 2024

2

3,201

2,249

-

5,452

At 31 December 2023

2

4,001

2,812

-

6,815

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

-

7,371

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

5,561

13,616

Taxation and social security

1,728

7,289

15,344

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

Bank loans

22,223

27,779

Other creditors

236,098

256,307

258,321

284,086

31.12.24

31.12.23

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

-

5,556

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

100

Ordinary

£1

100

10.

RESERVES

Retained

earnings

£

At 1 January 2024

(278,479

)

Profit for the year

20,454

At 31 December 2024

(258,025

)

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director has a personal guarantee in relation to the bank loans.

Included in other creditors is an amount of £236,098 (2023 - £256,307) owing to J Callow in relation to the directors loan.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs J Callow.

In the opinion of the director there is no ultimate controlling party.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Willaston Physiotherapy Limited for the year ended 31 December 2024 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Willaston Physiotherapy Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Willaston Physiotherapy Limited and state those matters that we have agreed to state to the director of Willaston Physiotherapy Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Willaston Physiotherapy Limited and its director for our work or for this report.

It is your duty to ensure that Willaston Physiotherapy Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Willaston Physiotherapy Limited. You consider that Willaston Physiotherapy Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Willaston Physiotherapy Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

LBW Chartered Accountants

Enterprise House

The Courtyard

Old Courthouse Road

Bromborough

Merseyside

CH62 4UE

Date: .............................................