Leyland Physiotherapy Ltd - Period Ending 2016-06-30

Registration number: 09638876

Leyland Physiotherapy Ltd

Unaudited Abbreviated Accounts

for the Period from 15 June 2015 to 30 June 2016

 

Woodville Accountancy
UNIT 20B
YARROW ROAD
CHORLEY
LANCASHIRE
PR6 0LP

Leyland Physiotherapy Ltd
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5) have been prepared.

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Leyland Physiotherapy Ltd
for the Period Ended 30 June 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Leyland Physiotherapy Ltd for the period ended 30 June 2016 set out on pages 2 to 5 from the company's accounting records and from information and explanations you have given us.

We have prepared these finance statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.

This report is made solely to the Board of Directors of Leyland Physiotherapy Ltd, 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 Leyland Physiotherapy Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Leyland Physiotherapy Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Leyland Physiotherapy Ltd 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 Leyland Physiotherapy Ltd. You consider that Leyland Physiotherapy Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Leyland Physiotherapy Ltd. 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.

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

Woodville Accountancy
UNIT 20B
YARROW ROAD
CHORLEY
LANCASHIRE
PR6 0LP

30 November 2016

Leyland Physiotherapy Ltd
(Registration number: 09638876)
Abbreviated Balance Sheet at 30 June 2016

		Note			30 June 2016 £
Fixed assets
Tangible fixed assets					5,180
Current assets
Stocks					8,133
Debtors					13,564
Cash at bank and in hand					11,485
					33,182
Creditors: Amounts falling due within one year					(31,778)
Net current assets					1,404
Net assets					6,584
Capital and reserves
Called up share capital		3			100
Profit and loss account					6,484
Shareholders' funds					6,584

For the year ending 30 June 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 30 November 2016 and signed on its behalf by:

.........................................
Mrs Michelle Louise Kinney
Director

The notes on pages 4 to 5 form an integral part of these financial statements.
Page 2

Leyland Physiotherapy Ltd
(Registration number: 09638876)
Abbreviated Balance Sheet at 30 June 2016
......... continued

.........................................
Mrs Lynn Lea
Director

The notes on pages 4 to 5 form an integral part of these financial statements.
Page 3

Leyland Physiotherapy Ltd
Notes to the Abbreviated Accounts for the Period from 15 June 2015 to 30 June 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated
residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant & Machinery	20% reducing balance
Fixtures & Fittings	15% reducing balance

Stock and work in progress

Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
Additions		6,350			6,350
At 30 June 2016		6,350			6,350
Depreciation
Charge for the period		1,170			1,170
At 30 June 2016		1,170			1,170
Net book value
At 30 June 2016		5,180			5,180

Page 4

Leyland Physiotherapy Ltd
Notes to the Abbreviated Accounts for the Period from 15 June 2015 to 30 June 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	30 June 2016
		No.			£
Ordinary of £1 each		100			100

Page 5