REGISTERED NUMBER: 14509099 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30th November 2024

for

Salford Wellbeing Centre Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

M Trivedi

Mrs H Trivedi

Registered office:

Victoria House 122 Great Clowes Street

Salford

United Kingdom

Greater Manchester

M7 1RN

Registered number:

14509099 (England and Wales)

Accountants:

DBF Associates

Chartered Accountants

South Cheetham B C

10 Park Place

Manchester

Lancashire

M4 4EY

Fixed assets

Tangible assets

4

189,301

213,761

Current assets

Cash at bank

8,566

726

Creditors

Amounts falling due within one year

5

154,378

147,644

Net current liabilities

(145,812

)

(146,918

)

Total assets less current liabilities

43,489

66,843

Creditors

Amounts falling due after more than one year

6

73,846

109,492

Net liabilities

(30,357

)

(42,649

)

Capital and reserves

Called up share capital

7

100

100

Retained earnings

(30,457

)

(42,749

)

Shareholders' funds

(30,357

)

(42,649

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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 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 28th August 2025 and were signed on its behalf by:

Mrs H Trivedi - Director

1.	Statutory information

Salford Wellbeing Centre 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.

Turnover

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

Tangible fixed assets

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

Taxation

Taxation for the year comprises current and deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 5 (2023 - 4 ) .

4.	Tangible fixed assets

Fixtures

and

fittings

Equipment

Totals

£

£

£

Cost

At 1st December 2023

73,026

140,735

213,761

Additions

-

13,737

13,737

At 30th November 2024

73,026

154,472

227,498

Depreciation

Charge for year

7,303

30,894

38,197

At 30th November 2024

7,303

30,894

38,197

Net book value

At 30th November 2024

65,723

123,578

189,301

At 30th November 2023

73,026

140,735

213,761

5.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

1

-

Other creditors

154,377

147,644

154,378

147,644

6.

Creditors: amounts falling due after more than one year

2024

2023

£

£

Other creditors

73,846

109,492

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

ORDINARY

1

100

100