Nehal Physio Ltd - Filleted accounts

Nehal Physio Ltd
Registered number:		07198234
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Current assets
Debtors	3	78,490			41,728
Cash at bank and in hand		95			15,051
		78,585			56,779

Creditors: amounts falling due within one year	4	(43,738)			(27,065)

Net current assets			34,847			29,714

Total assets less current liabilities			34,847			29,714

Creditors: amounts falling due after more than one year	5		(28,885)			(14,367)



Net assets			5,962			15,347

Capital and reserves
Called up share capital			1			1
Profit and loss account			5,961			15,346

Shareholder's funds			5,962			15,347

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Nehal Patel
Director
Approved by the board on 8 December 2025

Nehal Physio Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	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.

	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.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Debtors					2025		2024
£							£

	Section 455 Tax Debtor					25,800		15,956
	Other debtors					52,690		25,772
						78,490		41,728


4	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					19,464		4,878
	Trade creditors					964		-
	Accrued charges					1,400		1,400
	Other taxes and social security costs					21,910		20,787
	Section 455 Tax Creditor
						43,738		27,065


5	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					12,185		14,367
	Obligations under finance lease and hire purchase contracts					16,700		-
						28,885		14,367


6	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Nehal Patel
	Director's loan	25,772		26,918				52,690

		25,772		26,918		-		52,690


7	Controlling party

	The director, Nehal Patel, held a 100% beneficial interest in the share capital of the company.


8	Other information

	Nehal Physio Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	21 Hollies Court
	Basingstoke
	RG24 9RJ