PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED - Period Ending 2020-05-31

PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	3
Detailed Profit and Loss Account	5 to 7

PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED

Company Information

Directors

Philip Mark Allen Balwinder Kaur Allen

Company secretary

Philip Mark Allen

Registered office

69 Wensleydale Road Hampton Middx TW12 2LP

Accountants

Colin Meads BA FCA Chartered Accountant T/A AIMS Accountants for Business 16 Pond Lane Chalfont St Peter Bucks SL9 9HZ

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED
for the Year Ended 31 May 2020

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED for the year ended 31 May 2020 as set out on pages 3 to 4 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 at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED and state those matters that we have agreed to state to the Board of Directors of PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED. You consider that PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE 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 accounts of PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE 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 accounts.

......................................

Colin Meads BA FCA
Chartered Accountant
T/A AIMS Accountants for Business
16 Pond Lane
Chalfont St Peter
Bucks
SL9 9HZ

28 May 2021

PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED

(Registration number: 05815641)
Balance Sheet as at 31 May 2020

	2020 £	2019 £
Fixed assets	1,602	2,134
Current assets	13,229	23,810
Prepayments and accrued income	1,528	1,528
Creditors: Amounts falling due within one year	(11,105)	(16,044)
Net current assets	3,652	9,294
Total assets less current liabilities	5,254	11,428
Accruals and deferred income	(4,477)	(10,658)
	777	770
Capital and reserves	777	770

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
69 Wensleydale Road
Hampton
Middx
TW12 2LP

These financial statements were authorised for issue by the Board on 28 May 2021.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2019 - 4).

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 May 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED

(Registration number: 05815641)
Balance Sheet as at 31 May 2020

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 28 May 2021 and signed on its behalf by:
 

.........................................

Balwinder Kaur Allen
Director

PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED

Detailed Profit and Loss Account for the Year Ended 31 May 2020

	2020  £	2019  £
Turnover (analysed below)	140,750	170,375
Cost of sales (analysed below)	(1,834)	(3,574)
Gross profit	138,916	166,801
Gross profit (%)	98.7%	97.9%
Administrative expenses
Employment costs (analysed below)	(49,286)	(46,552)
Establishment costs (analysed below)	(29,433)	(23,548)
General administrative expenses (analysed below)	(26,626)	(27,587)
Finance charges (analysed below)	(2,041)	(3,850)
Depreciation costs (analysed below)	(532)	(532)
	(107,918)	(102,069)
Operating profit	30,998	64,732
Profit before tax	30,998	64,732

PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED

Detailed Profit and Loss Account for the Year Ended 31 May 2020

2020 £

2019 £

Turnover
Rendering of services, UK	127,820	170,375
Grants and subsidies	12,930	-
	140,750	170,375

Cost of sales
Opening raw materials	(150)	(150)
Purchases	(1,834)	(1,910)
Direct costs	-	(1,664)
Closing raw materials	150	150
	(1,834)	(3,574)

Employment costs
Wages and salaries (excluding directors)	(36,922)	(35,465)
Directors remuneration	(8,496)	(8,424)
Staff pensions (Defined contribution)	(598)	(1,172)
Staff training	(2,437)	(135)
Staff welfare	(833)	(1,356)
	(49,286)	(46,552)

Establishment costs
Rent	(15,472)	(16,052)
Light, heat and power	(1,671)	(2,007)
Insurance	(898)	(1,107)
Use of home as office	(1,500)	(1,500)
Repairs and renewals	(9,892)	(2,882)
	(29,433)	(23,548)

General administrative expenses
Telephone and fax	(3,263)	(4,414)
Computer software and maintenance costs	(3,557)	(3,565)
Printing, postage and stationery	(3,460)	(1,444)
Trade subscriptions	(2,964)	(2,893)
Charitable donations	(240)	(635)
Sundry expenses	(1,356)	(715)
Cleaning	(5,666)	(5,870)
Motor expenses	(4,260)	(4,763)
Travel and subsistence	-	(5)
Advertising	(860)	(2,323)
Accountancy fees	(1,000)	(960)
	(26,626)	(27,587)

PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED

Detailed Profit and Loss Account for the Year Ended 31 May 2020

2020 £

2019 £

Finance charges
Credit card charges	(2,041)	(3,850)

Depreciation costs
Depreciation of fixtures and fittings (owned)	(532)	(532)