REGISTERED NUMBER: 08633804 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Oxfordshire Therapy Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr B B Kanas

Mrs S K Timpson

SECRETARY:

Mr N F Barnes

REGISTERED OFFICE:

50 Burford Road

Carterton

Oxfordshire

OX18 3AD

REGISTERED NUMBER:

08633804 (England and Wales)

ACCOUNTANTS:

Westell Accountants

3 Bradfield Court

Drayton Mill, Milton Road

Drayton

Abingdon

Oxfordshire

OX14 4EF

FIXED ASSETS

Intangible assets

4

-

73,824

Tangible assets

5

237,585

252,428

237,585

326,252

CURRENT ASSETS

Stocks

4,094

4,062

Debtors

6

25,388

14,944

Cash at bank

220,734

116,690

250,216

135,696

CREDITORS

Amounts falling due within one year

7

181,384

217,607

NET CURRENT ASSETS/(LIABILITIES)

68,832

(81,911

)

TOTAL ASSETS LESS CURRENT LIABILITIES

306,417

244,341

PROVISIONS FOR LIABILITIES

58,446

47,961

NET ASSETS

247,971

196,380

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

247,871

196,280

SHAREHOLDERS' FUNDS

247,971

196,380

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 23 December 2025 and were signed on its behalf by:

Dr B B Kanas - Director

Mrs S K Timpson - Director

1.	STATUTORY INFORMATION

Oxfordshire Therapy 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 reducing balance

Fixtures and fittings

-

20% on reducing balance

Office equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

922,804

AMORTISATION

At 1 April 2024

848,980

Amortisation for year

73,824

At 31 March 2025

922,804

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

73,824

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Office

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

161,692

376,771

37,883

576,346

Additions

-

53,395

-

53,395

Disposals

-

(39,914

)

(15,538

)

(55,452

)

At 31 March 2025

161,692

390,252

22,345

574,289

DEPRECIATION

At 1 April 2024

92,564

209,332

22,022

323,918

Charge for year

13,826

35,977

2,797

52,600

Eliminated on disposal

-

(26,154

)

(13,660

)

(39,814

)

At 31 March 2025

106,390

219,155

11,159

336,704

NET BOOK VALUE

At 31 March 2025

55,302

171,097

11,186

237,585

At 31 March 2024

69,128

167,439

15,861

252,428

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

18,388

8,599

Other debtors

7,000

6,345

25,388

14,944

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

88,347

70,236

Taxation and social security

55,759

12,575

Other creditors

37,278

134,796

181,384

217,607

8.	LEASING AGREEMENTS

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

2025

2024

£

£

Within one year

38,998

38,998

Between one and five years

83,748

122,746

122,746

161,744