Paul Flynn Physiotherapy Limited

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—3

Registered number: NI640139

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1,590		1,854
Tangible Assets	5		13,358		18,209

			14,948		20,063
CURRENT ASSETS
Cash at bank and in hand		3,965		1,449

		3,965		1,449
Creditors: Amounts Falling Due Within One Year	6	(13,529 )		(13,902 )

NET CURRENT ASSETS (LIABILITIES)			(9,564 )		(12,453 )

TOTAL ASSETS LESS CURRENT LIABILITIES			5,384		7,610

NET ASSETS			5,384		7,610

CAPITAL AND RESERVES
Called up share capital			100		100
Income Statement			5,284		7,510

SHAREHOLDERS' FUNDS			5,384		7,610

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

The financial statements were approved by the board of directors on 8 September 2025 and were signed on its behalf by:

Paul Flynn

Director

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Paul Flynn Physiotherapy Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI640139 . The registered office is 7 The precinct, 23 South Street, Newtownards, BT23 4JT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is charged at 10% using the straight-line method.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Reducing balance
Motor Vehicles	25% Reducing balance
Fixtures & Fittings	25% Reducing balance
Computer Equipment	25% Reducing balance

2.5. Functional and presentation currency

The financial statements are presented in sterling and this is the functional currency of the company.

2.6. Employee Benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 1)

Page 2

Page 3

Paul Flynn Physiotherapy Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Other
	£
Cost or Valuation
As at 1 April 2024	2,635

As at 31 March 2025	2,635

Amortisation
As at 1 April 2024	781
Provided during the period	264

As at 31 March 2025	1,045

Net Book Value
As at 31 March 2025	1,590

As at 1 April 2024	1,854

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost or Valuation
As at 1 April 2024	2,463	5,980	30,627	499	39,569

As at 31 March 2025	2,463	5,980	30,627	499	39,569

Depreciation
As at 1 April 2024	2,126	1,194	17,940	100	21,360
Provided during the period	84	1,495	3,172	100	4,851

As at 31 March 2025	2,210	2,689	21,112	200	26,211

Net Book Value
As at 31 March 2025	253	3,291	9,515	299	13,358

As at 1 April 2024	337	4,786	12,687	399	18,209

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	20
Other creditors	2,426	2,788
Taxation and social security	11,103	11,094

	13,529	13,902

Page 3