REGISTERED NUMBER: 14684125 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Family Chiro Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

M J Yacoub

Mrs Z Yacoub

REGISTERED OFFICE:

Delmon House

36-38 Church Road

Burgess Hill

West Sussex

RH15 9AE

REGISTERED NUMBER:

14684125 (England and Wales)

ACCOUNTANTS:

Sigma Partners

Delmon House

36-38 Church Road

Burgess Hill

West Sussex

RH15 9AE

FIXED ASSETS

Intangible assets

4

92,448

104,004

CURRENT ASSETS

Debtors

5

8,556

12,107

Cash at bank

4,801

7,678

13,357

19,785

CREDITORS

Amounts falling due within one year

6

84,979

114,933

NET CURRENT LIABILITIES

(71,622

)

(95,148

)

TOTAL ASSETS LESS CURRENT LIABILITIES

20,826

8,856

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

20,726

8,756

SHAREHOLDERS' FUNDS

20,826

8,856

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:

M J Yacoub - Director

1.	STATUTORY INFORMATION

Family Chiro 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

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.

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.

Going concern

Although the company has net current liabilities, the accounts have been prepared on a going concern basis. The company relies on support via a loan from a related company, and the directors of this company have pledged their ongoing support.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

115,560

AMORTISATION

At 1 April 2024

11,556

Amortisation for year

11,556

At 31 March 2025

23,112

NET BOOK VALUE

At 31 March 2025

92,448

At 31 March 2024

104,004

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

8,556

8,147

Other debtors

-

3,960

8,556

12,107

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

160

134

Taxation and social security

8,691

5,860

Other creditors

76,128

108,939

84,979

114,933

7.	LEASING AGREEMENTS

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

31.3.25

31.3.24

£

£

Within one year

7,500

30,000

Between one and five years

-

7,500

7,500

37,500

A further operating lease was committed to after the balance sheet date. The new lease commits the company to £30,000 per year for ten years ending on 30th June 2025.

8.	RELATED PARTY DISCLOSURES

A loan of £74,298 is owed to a company under common control (2024 - £103,141). This loan is unsecured, repayable on demand and does not attract interest.

During the year, total director's salary costs of £38,049 (including employers' NI and pension contributions) were recharged to a company under common control (2024 - £13,049).

During the year wage costs of £44,590 were recharged by a company under common control (2024 - £43,691).