REGISTERED NUMBER: 09695254 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

FISHGUARD CHIROPRACTIC CLINIC LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs B Ouseley

Mr S G Ouseley

SECRETARY:

REGISTERED OFFICE:

Wintern House

High Street

Fishguard

Pembrokeshire

SA65 9AT

REGISTERED NUMBER:

09695254 (England and Wales)

ACCOUNTANTS:

L M Griffiths & Co Limited

Chartered Certified Accountants

1&2 Merlins Court

Winch Lane

Haverfordwest

Pembrokeshire

SA61 1SB

FIXED ASSETS

Intangible assets

5

-

15,000

Property, plant and equipment

6

34,291

43,287

34,291

58,287

CURRENT ASSETS

Stocks

1,012

1,354

Debtors

7

1,350

-

Cash at bank and in hand

53,461

59,780

55,823

61,134

CREDITORS

Amounts falling due within one year

8

82,149

78,955

NET CURRENT LIABILITIES

(26,326

)

(17,821

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,965

40,466

CREDITORS

Amounts falling due after more than one year

9

-

1,718

NET ASSETS

7,965

38,748

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7,865

38,648

SHAREHOLDERS' FUNDS

7,965

38,748

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 3 August 2026 and were signed on its behalf by:

Mrs B Ouseley - Director

1.	STATUTORY INFORMATION

Fishguard Chiropractic Clinic 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The directors are not aware of any material uncertainties in making their assessment of going concern. As a result they have adopted the going concern basis of accounting.

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 2016, 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.

Plant and machinery

-

20% on reducing balance

Computer equipment

-

20% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Income recognition

The company's turnover represents the provision of chiropractic services. The company recognises revenue as soon as the patients service has been provided and a sales invoice provided to the patient.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 9 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

150,000

AMORTISATION

At 1 April 2025

135,000

Charge for year

15,000

At 31 March 2026

150,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

15,000

6.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

67,863

11,695

13,331

92,889

Additions

-

140

538

678

At 31 March 2026

67,863

11,835

13,869

93,567

DEPRECIATION

At 1 April 2025

30,376

8,110

11,116

49,602

Charge for year

7,497

717

1,460

9,674

At 31 March 2026

37,873

8,827

12,576

59,276

NET BOOK VALUE

At 31 March 2026

29,990

3,008

1,293

34,291

At 31 March 2025

37,487

3,585

2,215

43,287

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

1,350

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

1,523

8,937

Taxation and social security

34,878

17,970

Other creditors

45,748

52,048

82,149

78,955

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

1,718

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

Mrs B Ouseley and Mr S G Ouseley

Balance outstanding at start of year

(996

)

(19

)

Amounts repaid

(2,586

)

(977

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,582

)

(996

)