General Information
HARDING CHIROPRACTIC LTD is a private company, limited by shares, registered in England and Wales, registration number 07906249, registration address 20 Telford Court, Chester Gates Business Park, Chester, CH1 6LT.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Fixtures and Fittings |
15 Reducing Balance
|
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
| 2. |
Average number of employees
Average number of employees during the year was 15 (2024 : 15).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Fixtures and Fittings |
|
Total |
| |
£ |
|
£ |
| At 01 April 2024 |
19,277 |
|
19,277 |
| Additions |
47,994 |
|
47,994 |
| Disposals |
(3,101) |
|
(3,101) |
| At 31 March 2025 |
64,170 |
|
64,170 |
| Depreciation |
| At 01 April 2024 |
11,850 |
|
11,850 |
| Charge for year |
1,066 |
|
1,066 |
| On disposals |
(2,799) |
|
(2,799) |
| At 31 March 2025 |
10,117 |
|
10,117 |
| Net book values |
| Closing balance as at 31 March 2025 |
54,053 |
|
54,053 |
| Opening balance as at 01 April 2024 |
7,427 |
|
7,427 |
The net book value of Fixtures and Fittings includes £ 2,799 in respect of assets leased under finance leases or hire purchase contracts.
|
| 4. |
Stocks
|
2025
£ |
|
2024
£ |
| Finished Goods |
150 |
|
1,540 |
| Stocks |
0 |
|
0 |
|
150 |
|
1,540 |
|
| 5. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Directors' Current Accounts |
8,238 |
|
0 |
|
8,238 |
|
0 |
|
| 6. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Corporation Tax |
0 |
|
25,177 |
| PAYE & Social Security |
7,899 |
|
7,758 |
| Accrued Expenses |
0 |
|
14,309 |
| Wages & Salaries Control Account |
21,360 |
|
23,053 |
| IDD Machine Loan |
41,994 |
|
0 |
| Directors' Current Accounts |
0 |
|
182 |
|
71,253 |
|
70,479 |
|
3
|