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Company Registration No. 12386534 (England and Wales)
Specialist Physiocare Clinics Limited Unaudited accounts for the year ended 31 January 2025
Specialist Physiocare Clinics Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Specialist Physiocare Clinics Limited Company Information for the year ended 31 January 2025
Directors
M A Chishti C Gulati
Company Number
12386534 (England and Wales)
Registered Office
12 Rathbone Close Rugby CV21 4EP England
Accountants
Insight Accountex Ltd 18 Fuller Road Dagenham Essex RM8 2TT
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Specialist Physiocare Clinics Limited Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
775
-
Current assets
Debtors
5
45,405
36,159
Cash at bank and in hand
92,740
50,389
138,145
86,548
Creditors: amounts falling due within one year
6
(118,825)
(74,148)
Net current assets
19,320
12,400
Net assets
20,095
12,400
Capital and reserves
Called up share capital
2
2
Profit and loss account
20,093
12,398
Shareholders' funds
20,095
12,400
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 28 September 2025 and were signed on its behalf by
M A Chishti Director Company Registration No. 12386534
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Specialist Physiocare Clinics Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Specialist Physiocare Clinics Limited is a private company, limited by shares, registered in England and Wales, registration number 12386534. The registered office is 12 Rathbone Close, Rugby, CV21 4EP, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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
Over three years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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Specialist Physiocare Clinics Limited Notes to the Accounts for the year ended 31 January 2025
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 February 2024
829
Additions
1,163
At 31 January 2025
1,992
Depreciation
At 1 February 2024
829
Charge for the year
388
At 31 January 2025
1,217
Net book value
At 31 January 2025
775
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
44,937
34,348
Other debtors
468
1,811
45,405
36,159
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
42,831
73,148
Taxes and social security
1,623
-
Other creditors
72,871
-
Accruals
1,500
1,000
118,825
74,148
7
Average number of employees
During the year the average number of employees was 1 (2024: 0).
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