Jamie Bell Physiotherapy Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 07689416 (England and Wales)

JAMIE BELL PHYSIOTHERAPY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2016 TO 30 APRIL 2017

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J Bell

R M Crook

REGISTERED OFFICE:

474 Broadway

Chadderton

Oldham

OL9 9NS

REGISTERED NUMBER:

07689416 (England and Wales)

ACCOUNTANTS:

DTE Business Advisers Limited

Chartered Accountants

The Exchange

5 Bank Street

Bury

BL9 0DN

FIXED ASSETS

Intangible assets

4

-

9,600

Property, plant and equipment

5

6,375

16,178

6,375

25,778

CURRENT ASSETS

Debtors

6

1,850,943

897,150

Cash at bank and in hand

224,921

1,007,400

2,075,864

1,904,550

CREDITORS

Amounts falling due within one year

7

(186,777

)

(458,494

)

NET CURRENT ASSETS

1,889,087

1,446,056

TOTAL ASSETS LESS CURRENT LIABILITIES

1,895,462

1,471,834

PROVISIONS FOR LIABILITIES

(847

)

(1,190

)

NET ASSETS

1,894,615

1,470,644

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,894,613

1,470,642

1,894,615

1,470,644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2017 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 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 Board of Directors on 31 January 2018 and were signed on its behalf by:

R M Crook - Director

1.	STATUTORY INFORMATION

Jamie Bell Physiotherapy Limited is a private company, limited by shares, registered in England and Wales. The

company's registered number is 07689416 and its registered office address is 474 Broadway, Chadderton,

Oldham, OL9 9NS.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company has transitioned to Financial Reporting Standard 102 and the Companies Act 2006 from UK

Generally Accepted Accounting Practice. The date of transition to FRS 102 is 1 April 2015. There have not been

any changes to the comparative figures as a result of the transition

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make estimates and

judgements. The estimates are based on historical experience and other relevant factors. Actual results may differ

from these estimates.

The estimates are continually evaluated. Revisions to accounting estimates are recognised in the period in which

the estimate is revised.

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying

amount of assets and liabilities are outlined below.

Estimating the useful economic life of an asset and the anticipated residual value are considered key judgement

in calculating an appropriate depreciation charge.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Goodwill

Acquired goodwill is being amortised evenly over its estimated useful life of five years.

Property, plant and equipment

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

The residual values, estimated useful lives and depreciation method of property, plant and equipment are

reviewed, and adjusted as appropriate, at each statement of financial position date. The effects of any revision

are recognised in the income statement when the change arises.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial

assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third

parties and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for

objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised

in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost,

being the transaction price less any amounts settled

Taxation

Taxation for the period 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 period 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.

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 the income statement in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 29 (2016 - 29 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2016

and 30 April 2017

192,000

AMORTISATION

At 1 April 2016

182,400

Charge for period

9,600

At 30 April 2017

192,000

NET BOOK VALUE

At 30 April 2017

-

At 31 March 2016

9,600

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 April 2016

78,120

Additions

7,328

At 30 April 2017

85,448

DEPRECIATION

At 1 April 2016

61,942

Charge for period

17,131

At 30 April 2017

79,073

NET BOOK VALUE

At 30 April 2017

6,375

At 31 March 2016

16,178

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

572,420

740,342

Amounts owed by group undertakings

1,096,066

-

Other debtors

182,457

156,808

1,850,943

897,150

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

104,899

28,121

Taxation and social security

74,261

394,207

Other creditors

7,617

36,166

186,777

458,494