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Company Registration No. 11089477 (England and Wales)
SACKS OSTEOPATHY LTD Unaudited accounts for the year ended 31 March 2025
SACKS OSTEOPATHY LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SACKS OSTEOPATHY LTD Company Information for the year ended 31 March 2025
Directors
Mr Stephen Sacks Mrs Naomi Esther Katz Sacks
Company Number
11089477 (England and Wales)
Registered Office
152 Coles Green Road London NW2 7HD
Accountants
Jacobs & Company 152 Coles Green Road London NW2 7HD
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SACKS OSTEOPATHY LTD Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
30,000
35,000
Tangible assets
5
45,556
51,358
75,556
86,358
Current assets
Debtors
6
66,829
142,599
Cash at bank and in hand
42,432
4,726
109,261
147,325
Creditors: amounts falling due within one year
7
(16,602)
(23,633)
Net current assets
92,659
123,692
Total assets less current liabilities
168,215
210,050
Creditors: amounts falling due after more than one year
8
(7,739)
(17,025)
Provisions for liabilities
Deferred tax
(9,637)
(10,519)
Net assets
150,839
182,506
Capital and reserves
Called up share capital
9
100
100
Profit and loss account
150,739
182,406
Shareholders' funds
150,839
182,506
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 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 2 December 2025 and were signed on its behalf by
Mr Stephen Sacks Director Company Registration No. 11089477
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SACKS OSTEOPATHY LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
SACKS OSTEOPATHY LTD is a private company, limited by shares, registered in England and Wales, registration number 11089477. The registered office is 152 Coles Green Road, London, NW2 7HD.
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.
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:
Land & buildings
over the life of the lease
Motor vehicles
5 years straight line
Fixtures & fittings
5 years straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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SACKS OSTEOPATHY LTD Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2024
45,000
At 31 March 2025
45,000
Amortisation
At 1 April 2024
10,000
Charge for the year
5,000
At 31 March 2025
15,000
Net book value
At 31 March 2025
30,000
At 31 March 2024
35,000
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
15,631
55,183
1,616
72,430
Additions
-
-
4,623
4,623
At 31 March 2025
15,631
55,183
6,239
77,053
Depreciation
At 1 April 2024
6,352
14,074
646
21,072
Charge for the year
2,276
7,037
1,112
10,425
At 31 March 2025
8,628
21,111
1,758
31,497
Net book value
At 31 March 2025
7,003
34,072
4,481
45,556
At 31 March 2024
9,279
41,109
970
51,358
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
19,793
5,479
Other debtors
47,036
137,120
66,829
142,599
7
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
11,922
19,133
Accruals
4,680
4,500
16,602
23,633
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SACKS OSTEOPATHY LTD Notes to the Accounts for the year ended 31 March 2025
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
7,739
17,025
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Operating lease commitments
2025
2024
£
£
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
66,000
66,000
11
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Mr Stephen Sacks
Loan with interest charged at 2.25%
126,793
59,274
149,397
36,670
126,793
59,274
149,397
36,670
Interest is charged on the daily balance outstanding at 2.50% The loan was repaid on 10 April 2025.
12
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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