REGISTERED NUMBER: 05420109 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Physio Plus (Eastbourne) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M J Yacoub

Mrs Z Yacoub

REGISTERED OFFICE:

Delmon House

36-38 Church Road

Burgess Hill

West Sussex

RH15 9AE

REGISTERED NUMBER:

05420109 (England and Wales)

ACCOUNTANTS:

Sigma Partners

Delmon House

36-38 Church Road

Burgess Hill

West Sussex

RH15 9AE

FIXED ASSETS

Intangible assets

4

68,550

85,937

Tangible assets

5

9,940

12,411

Investments

6

112,478

110,758

190,968

209,106

CURRENT ASSETS

Debtors

7

75,504

103,747

Cash at bank and in hand

65,798

50,678

141,302

154,425

CREDITORS

Amounts falling due within one year

8

122,166

76,003

NET CURRENT ASSETS

19,136

78,422

TOTAL ASSETS LESS CURRENT LIABILITIES

210,104

287,528

CREDITORS

Amounts falling due after more than one year

9

(5,285

)

(15,660

)

PROVISIONS FOR LIABILITIES

(2,380

)

(4,764

)

NET ASSETS

202,439

267,104

CAPITAL AND RESERVES

Called up share capital

2

2

Other reserves

(422

)

6,644

Retained earnings

202,859

260,458

SHAREHOLDERS' FUNDS

202,439

267,104

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 November 2025 and were signed on its behalf by:

Mr M J Yacoub - Director

1.	STATUTORY INFORMATION

Physio Plus (Eastbourne) Limited 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 as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

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

Goodwill

Other Intangibles, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Improvements to property

-

20% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Financial instruments

Other Investments relates to an Investment Portfolio holding Unit Trusts. This is measured at Fair Value, obtained from quoted market prices, with gains or losses in Fair Value being included in the profit and loss account.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 13 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

173,874

AMORTISATION

At 1 April 2024

87,937

Charge for year

17,387

At 31 March 2025

105,324

NET BOOK VALUE

At 31 March 2025

68,550

At 31 March 2024

85,937

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

5,472

27,053

33,519

9,493

75,537

Additions

-

275

140

2,167

2,582

At 31 March 2025

5,472

27,328

33,659

11,660

78,119

DEPRECIATION

At 1 April 2024

3,282

19,118

32,396

8,330

63,126

Charge for year

1,094

2,053

320

1,586

5,053

At 31 March 2025

4,376

21,171

32,716

9,916

68,179

NET BOOK VALUE

At 31 March 2025

1,096

6,157

943

1,744

9,940

At 31 March 2024

2,190

7,935

1,123

1,163

12,411

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

110,758

Additions

70,934

Disposals

(62,148

)

Revaluations

(7,066

)

At 31 March 2025

112,478

NET BOOK VALUE

At 31 March 2025

112,478

At 31 March 2024

110,758

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2024

6,644

Valuation in 2025

(7,065

)

Cost

112,899

112,478

If other investments had not been revalued they would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

112,899

104,114

Other investments were valued on an open market basis on 31 March 2025 by True Potential Investments .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

75,504

103,747

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,375

10,119

Amounts owed to group undertakings

17,019

10,517

Taxation and social security

12,371

32,628

Other creditors

82,401

22,739

122,166

76,003

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

5,285

15,660

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

14,500

14,500

Between one and five years

47,125

58,000

In more than five years

-

3,625

61,625

76,125

11.	RELATED PARTY DISCLOSURES

An amount of £74,298 is owed by a company under common control, at the balance sheet date (2024 - £103,141). A further amount of £330 is owed by a second company under common control at the balance sheet date (2024 - £nil). These loans are unsecured, repayable on demand and attract no interest.

Wage costs of £38,049 have been charge by a related company in relation to the director's remuneration (2024 - £13,049)

Wage costs of £98,906 have been recharged to related companies (2024 - £72,030).

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M J Yacoub.