Company Registration No. 07566620 (England and Wales)
Hi Therapies Limited
Unaudited accounts
for the year ended 31 March 2025
Hi Therapies Limited
Unaudited accounts
Contents
Hi Therapies Limited
Company Information
for the year ended 31 March 2025
Company Number
07566620 (England and Wales)
Registered Office
49 CHARMINSTER ROAD
BOURNEMOUTH
DORSET
BH8 8UE
Accountants
M. Whittingham Limited
Unit K2 Lion Works
543 Wallisdown Road
Poole
Dorset
BH12 5AD
Hi Therapies Limited
Statement of financial position
as at 31 March 2025
Tangible assets
20,257
27,226
Creditors: amounts falling due within one year
(33,141)
(29,449)
Net current liabilities
(18,107)
(12,468)
Total assets less current liabilities
2,150
14,758
Creditors: amounts falling due after more than one year
(19,364)
(23,746)
Provisions for liabilities
Deferred tax
(3,321)
(4,530)
Net liabilities
(20,535)
(13,518)
Called up share capital
1
1
Profit and loss account
(20,536)
(13,519)
Shareholders' funds
(20,535)
(13,518)
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 September 2025 and were signed on its behalf by
Miss R Bourne
Director
Company Registration No. 07566620
Hi Therapies Limited
Notes to the Accounts
for the year ended 31 March 2025
Hi Therapies Limited is a private company, limited by shares, registered in England and Wales, registration number 07566620. The registered office is 49 CHARMINSTER ROAD, BOURNEMOUTH, DORSET, BH8 8UE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Computer equipment
15% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Hi Therapies Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
67,481
2,644
70,125
Disposals
(13,212)
-
(13,212)
At 31 March 2025
54,284
1,963
56,247
At 1 April 2024
41,763
1,136
42,899
Charge for the year
3,402
173
3,575
On disposals
(10,159)
(325)
(10,484)
At 31 March 2025
35,006
984
35,990
At 31 March 2025
19,278
979
20,257
At 31 March 2024
25,718
1,508
27,226
Amounts falling due within one year
Accrued income and prepayments
1,683
1,598
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
12,401
5,761
Taxes and social security
2,090
1,958
Deferred income
10,076
9,964
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Hi Therapies Limited
Notes to the Accounts
for the year ended 31 March 2025
9
Average number of employees
During the year the average number of employees was 4 (2024: 5).