General Information
Join Psychology Limited is a private company, limited by shares, registered in England and Wales, registration number 13060258, registration address Wyvols Court, Basingstoke Road, Swallowfield, Berkshire, RG7 1WY.
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(1A) 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.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business. The fair value of consideration takes into account trade discounts.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably.
Taxation
The tax expense represents the sum of the tax currently payable.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
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 |
3 Years Straight Line
|
| Computer Equipment |
4 Years Straight Line
|
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash at bank.
|
| 2. |
Average number of employees
Average number of employees during the year was 1 (2024 : 1).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Fixtures and Fittings |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
| At 01 January 2025 |
745 |
|
3,095 |
|
3,840 |
| Additions |
- |
|
645 |
|
645 |
| Disposals |
- |
|
- |
|
- |
| At 31 December 2025 |
745 |
|
3,740 |
|
4,485 |
| Depreciation |
| At 01 January 2025 |
285 |
|
1,026 |
|
1,311 |
| Charge for year |
248 |
|
895 |
|
1,143 |
| On disposals |
- |
|
- |
|
- |
| At 31 December 2025 |
533 |
|
1,921 |
|
2,454 |
| Net book values |
| Closing balance as at 31 December 2025 |
212 |
|
1,819 |
|
2,031 |
| Opening balance as at 01 January 2025 |
460 |
|
2,069 |
|
2,529 |
|
| 4. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
1,748 |
|
6,576 |
| Other Debtors |
12,931 |
|
20,288 |
|
14,679 |
|
26,864 |
|
| 5. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Taxation and Social Security |
19,381 |
|
6,883 |
| Other Creditors |
682 |
|
13,805 |
|
20,063 |
|
20,688 |
|
| 6. |
Share Capital
Allotted, called up and fully paid
|
2025
£ |
|
2024
£ |
|
1
Ordinary share of £1.00 each |
1 |
|
1 |
|
1 |
|
1 |
|
3
|