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Registered number: 07118748
Bromsgrove Physiotherapy Limited
Unaudited Financial Statements
For The Year Ended 30 March 2026
Engage Accountancy Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07118748
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 8,550 17,100
Tangible Assets 5 4,013 4,792
12,563 21,892
CURRENT ASSETS
Debtors 6 62,294 68,798
Cash at bank and in hand 48,620 44,284
110,914 113,082
Creditors: Amounts Falling Due Within One Year 7 (43,340 ) (41,577 )
NET CURRENT ASSETS (LIABILITIES) 67,574 71,505
TOTAL ASSETS LESS CURRENT LIABILITIES 80,137 93,397
NET ASSETS 80,137 93,397
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 80,135 93,395
SHAREHOLDERS' FUNDS 80,137 93,397
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Page 2
For the year ending 30 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Catherine Adams
Director
25/08/2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Bromsgrove Physiotherapy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07118748 . The registered office is Grove Cottage Holt Heath, Worcester, WR6 6LZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 15% reducing balance
Computer Equipment 15% reducing balance
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2025: 7)
7 7
4. Intangible Assets
Goodwill
£
Cost
As at 31 March 2025 85,500
As at 30 March 2026 85,500
Amortisation
As at 31 March 2025 68,400
Provided during the period 8,550
As at 30 March 2026 76,950
Net Book Value
As at 30 March 2026 8,550
As at 31 March 2025 17,100
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 31 March 2025 9,094 7,515 16,609
As at 30 March 2026 9,094 7,515 16,609
Depreciation
As at 31 March 2025 8,164 3,653 11,817
Provided during the period 200 579 779
As at 30 March 2026 8,364 4,232 12,596
Net Book Value
As at 30 March 2026 730 3,283 4,013
As at 31 March 2025 930 3,862 4,792
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 16,492 24,034
Prepayments and accrued income 16,863 15,965
Other debtors 28,939 28,799
62,294 68,798
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7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 20,464 19,556
Corporation tax 19,136 18,159
Other taxes and social security 287 404
Accruals 3,453 3,458
43,340 41,577
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 31 March 2025 Amounts advanced Amounts repaid Amounts written off As at 30 March 2026
£ £ £ £ £
Ms Catherine Adams 28,046 28,199 28,046 - 28,199
The above loan is unsecured, interest free and has been repaid since 31 March 2026.
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