The Forest Podiatry & Physiotherapy - Abbreviated accounts 16.3

REGISTERED NUMBER: 07184949 (England and Wales)

THE FOREST PODIATRY & PHYSIOTHERAPY

CLINIC LTD

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of The Forest Podiatry & Physiotherapy Clinic Ltd for the year ended 31 March 2016 which

comprise the Profit and Loss Account, the Balance Sheet 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 Board of Directors of The Forest Podiatry & Physiotherapy Clinic Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Forest Podiatry & Physiotherapy Clinic Ltd and state those matters that we have agreed to state to the Board of Directors of The Forest Podiatry & Physiotherapy Clinic Ltd, as a body, 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 The Forest Podiatry & Physiotherapy Clinic Ltd Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Forest Podiatry & Physiotherapy Clinic Ltd 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 The Forest Podiatry & Physiotherapy Clinic Ltd. You consider that The Forest Podiatry & Physiotherapy Clinic Ltd 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 The Forest Podiatry & Physiotherapy Clinic 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 financial statements.

Rothman Pantall LLP

Chartered Accountants

Fryern House

125 Winchester Road

Chandlers Ford

Hampshire

SO53 2DR

2 December 2016

Page

Chartered Accountants' Report

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Intangible assets

2

52,266

55,999

Tangible assets

3

26,693

29,438

78,959

85,437

CURRENT ASSETS

Stocks

12,000

7,500

Debtors

235

387

Cash at bank

48,125

47,184

60,360

55,071

CREDITORS

Amounts falling due within one year

80,244

85,750

NET CURRENT LIABILITIES

(19,884

)

(30,679

)

TOTAL ASSETS LESS CURRENT LIABILITIES

59,075

54,758

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

58,975

54,658

SHAREHOLDERS' FUNDS

59,075

54,758

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 2 December 2016 and were signed on its behalf by:

Mrs H J Nossiter - Director

Mr P A Nossiter - Director

1.	ACCOUNTING POLICIES

Basis of accounting

The financial statements 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 net sales during the year adjusted for accrued and deferred income where applicable.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised

evenly over its estimated useful life of twenty years.

Depreciation

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Taxation

The charge for taxation is based on the profit for the year and takes into account taxation deferred.

Current tax is measured at amounts expected to be paid using tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

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

balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay

more, or right to pay less or to receive more, tax.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in

which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance

sheet date.

Pension costs and other post-retirement benefits

The company makes contributions to personal pension plans. Contributions payable are charged to the profit

and loss account in the period to which they relate.

Fixed assets

All fixed assets are initially recorded at cost.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised

when paid. Final equity dividends are recognised when approved by the shareholders at an annual general

meeting.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

74,665

AMORTISATION

At 1 April 2015

18,666

Amortisation for year

3,733

At 31 March 2016

22,399

NET BOOK VALUE

At 31 March 2016

52,266

At 31 March 2015

55,999

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

57,596

Additions

7,938

At 31 March 2016

65,534

DEPRECIATION

At 1 April 2015

28,158

Charge for year

10,683

At 31 March 2016

38,841

NET BOOK VALUE

At 31 March 2016

26,693

At 31 March 2015

29,438

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary Shares

£1

100

100

5.	ULTIMATE CONTROLLING PARTY

During the year the company was under the joint control of Mrs H J Nossiter and Mr P A Nossiter, directors and

shareholders of the company.