Company Registration No. 08967593 (England and Wales)
The Discovery Therapy Limited
Unaudited accounts
for the year ended 31 March 2025
The Discovery Therapy Limited
Unaudited accounts
Contents
The Discovery Therapy Limited
Company Information
for the year ended 31 March 2025
Directors
John-Henry Carter
Company Number
08967593 (England and Wales)
Registered Office
Lanyon, Headland Road
Carbis Bay
St. Ives
TR26 2NU
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
The Discovery Therapy Limited
Statement of financial position
as at 31 March 2025
Tangible assets
4,238
5,292
Cash at bank and in hand
3,314
49
Creditors: amounts falling due within one year
(34,351)
(14,198)
Net current liabilities
(30,188)
(4,458)
Net (liabilities)/assets
(25,950)
834
Called up share capital
1
1
Profit and loss account
(25,951)
833
Shareholders' funds
(25,950)
834
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 24 December 2025 and were signed on its behalf by
John-Henry Carter
Director
Company Registration No. 08967593
The Discovery Therapy Limited
Notes to the Accounts
for the year ended 31 March 2025
The Discovery Therapy Limited is a private company, limited by shares, registered in England and Wales, registration number 08967593. The registered office is Lanyon, Headland Road, Carbis Bay, St. Ives, TR26 2NU.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
The Discovery Therapy Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
4,778
2,483
Taxes and social security
25
6,988
Loans from directors
29,548
4,727
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Transactions with related parties
During the year, the company received a loan amounting to £25,548 (2024: £4,727) from a member of key management personnel. The loan is to be repaid on demand and interest-free. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).