Psychotherapy International Limited - Accounts to registrar (filleted) - small 18.2

Psychotherapy International Limited - Accounts to registrar (filleted) - small 18.2

PSYCHOTHERAPY INTERNATIONAL LIMITED - Company Information

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REGISTERED NUMBER: 04136958 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018

FOR

PSYCHOTHERAPY INTERNATIONAL LIMITED
PSYCHOTHERAPY INTERNATIONAL LIMITED (REGISTERED NUMBER: 04136958)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


PSYCHOTHERAPY INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2018







DIRECTOR: Dr A Youell





SECRETARY: A K Mandritis





REGISTERED OFFICE: 17 Nottingham Street
London
W1U 5EW





REGISTERED NUMBER: 04136958 (England and Wales)





ACCOUNTANTS: Kings Mill Partnership
75 Park Lane
Croydon
Surrey
CR9 1XS
Page 1
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PSYCHOTHERAPY INTERNATIONAL LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary
statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Psychotherapy International Limited for the year ended 31 December 2018 which comprise the
Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the
company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Psychotherapy International Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Psychotherapy International Limited and state those matters that we have agreed to state to the director of Psychotherapy International Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Psychotherapy International Limited and its director for our work or for this report.

It is your duty to ensure that Psychotherapy International Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Psychotherapy International Limited. You consider that Psychotherapy International Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Psychotherapy International Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Kings Mill Partnership
75 Park Lane
Croydon
Surrey
CR9 1XS


28 June 2019

This page does not form part of the statutory financial statements

Page 2
PSYCHOTHERAPY INTERNATIONAL LIMITED (REGISTERED NUMBER: 04136958)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,068 4,091

CURRENT ASSETS
Debtors 5 56,327 53,829
Cash at bank 9,953 10,737
66,280 64,566
CREDITORS
Amounts falling due within one year 6 33,751 30,877
NET CURRENT ASSETS 32,529 33,689
TOTAL ASSETS LESS CURRENT
LIABILITIES
35,597
37,780

CREDITORS
Amounts falling due after more than one
year
7
(4,258
)
-

PROVISIONS FOR LIABILITIES - (778 )
NET ASSETS 31,339 37,002

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 31,337 37,000
SHAREHOLDERS' FUNDS 31,339 37,002

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes on pages 5 to 6 form part of these financial statements

Page 3 continued...
PSYCHOTHERAPY INTERNATIONAL LIMITED (REGISTERED NUMBER: 04136958)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 28 June 2019 and were signed by:





Dr A Youell - Director


The notes on pages 5 to 6 form part of these financial statements

Page 4
PSYCHOTHERAPY INTERNATIONAL LIMITED (REGISTERED NUMBER: 04136958)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018


1. STATUTORY INFORMATION

Psychotherapy International 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.

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 represents the invoiced value of goods and services supplied to customers net of value added tax.

Depreciation of tangible fixed assets
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost or valuation, less
estimated residual value, of each asset, on a reducing balance basis, over its expected useful life, as follows:

Fixtures & Fittings-25%
Computer Equipment-25%

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

Page 5 continued...
PSYCHOTHERAPY INTERNATIONAL LIMITED (REGISTERED NUMBER: 04136958)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2018


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2018
and 31 December 2018 14,231
DEPRECIATION
At 1 January 2018 10,140
Charge for year 1,023
At 31 December 2018 11,163
NET BOOK VALUE
At 31 December 2018 3,068
At 31 December 2017 4,091

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 52,577 50,829
Other debtors 3,750 3,000
56,327 53,829

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 7,500 -
Taxation and social security 9,205 14,368
Other creditors 17,046 16,509
33,751 30,877

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Other creditors 4,258 -

Page 6