Chesterfield Hydrotherapy Referral Centre Ltd

	Page
Company Information	1
Statement of Financial Position	2—3
Notes to the Financial Statements	4—5

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Statement of Financial Position

As At 31 March 2025

Statement of Financial Position

Registered number: 08933487

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		7,558		14,239

			7,558		14,239
CURRENT ASSETS
Stocks		4,860		5,104
Debtors	5	1,895		2,092
Cash at bank and in hand		122		2,017

		6,877		9,213
Creditors: Amounts Falling Due Within One Year	6	(79,083 )		(83,777 )

NET CURRENT ASSETS (LIABILITIES)			(72,206 )		(74,564 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(64,648 )		(60,325 )

Creditors: Amounts Falling Due After More Than One Year	7		(201 )		(1,237 )

NET LIABILITIES			(64,849 )		(61,562 )

CAPITAL AND RESERVES
Called up share capital	8		1		1
Income Statement			(64,850 )		(61,563 )

SHAREHOLDERS' FUNDS			(64,849)		(61,562)

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Chesterfield Hydrotherapy Referral Centre Ltd

Statement of Financial Position (continued)

As At 31 March 2025

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 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.

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.

On behalf of the board

Miss Jeanette Palmer

Director

18/09/2025

The notes on pages 4 to 5 form part of these financial statements.

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Chesterfield Hydrotherapy Referral Centre Ltd

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Chesterfield Hydrotherapy Referral Centre Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08933487 . The registered office is Unit 2 Foxwood Close, Foxwood Industrial Estate, Chesterfeld, S41 9RB.

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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Going Concern Disclosure

The accounts have been prepared on a going concern basis. This may not be appropriate as the company had a balance sheet deficit of £64,849 as at 31 March 2025 (2024: £61,562). The company is therefore dependent on the continued support of its directors. Should this support be withdrawn and the company be unable to continue trading, adjustments would have to be made to reduce the value of the assets and their net realisable value and to provide any further liabilities which might arise.

2.3. 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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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.

2.4. 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:

Property improvements	25% straight line basis
Plant & Machinery	20% straight line basis
Fixtures & Fittings	25% straight line basis

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Debtors and creditors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. Average Number of Employees

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

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Chesterfield Hydrotherapy Referral Centre Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Land & Property
	Property improvements	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2024	31,477	31,088	7,708	70,273
Additions	-	-	771	771

As at 31 March 2025	31,477	31,088	8,479	71,044

Depreciation
As at 1 April 2024	31,477	18,653	5,904	56,034
Provided during the period	-	6,218	1,234	7,452

As at 31 March 2025	31,477	24,871	7,138	63,486

Net Book Value
As at 31 March 2025	-	6,217	1,341	7,558

As at 1 April 2024	-	12,435	1,804	14,239

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	1,895	2,092

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	5,834	1,005
Other creditors	73,249	82,772

	79,083	83,777

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	201	1,237

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

9. Directors Advances, Credits and Guarantees

At the balance sheet date, the director was owed £72,300 (2024: £81,579) by the company.

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Director	Miss Jeanette Palmer

Company Number	08933487

Registered Office	Unit 2 Foxwood Close
	Foxwood Industrial Estate
	Chesterfeld
	S41 9RB

Accountants	Gregory Priestley & Stewart
	Chartered Accountants
	Alexandra House
	123 Priestsic Road
	Sutton In Ashfield
	Nottinghamshire
	NG17 4EA