ProSport Physiotherapy (Huddersfield) - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07885920 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2017

for

ProSport Physiotherapy (Huddersfield)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D O'Sullivan

Mrs G M O'Sullivan

REGISTERED OFFICE:

Black Bull House

353-355 Station Road

Bamber Bridge

Preston

Lancashire

PR5 6EE

REGISTERED NUMBER:

07885920 (England and Wales)

ACCOUNTANTS:

Robin Oatridge & Co Limited

Chartered Certified Accountants

Black Bull House

353-355 Station Road

Bamber Bridge

Preston

Lancashire

PR5 6EE

FIXED ASSETS

Tangible assets

4

1,021

1,201

CURRENT ASSETS

Debtors

5

46,090

24,933

Cash at bank

42,541

16,706

88,631

41,639

CREDITORS

Amounts falling due within one year

6

43,394

23,573

NET CURRENT ASSETS

45,237

18,066

TOTAL ASSETS LESS CURRENT LIABILITIES

46,258

19,267

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

46,158

19,167

SHAREHOLDERS' FUNDS

46,258

19,267

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 28th September 2018 and were signed on its behalf by:

Mr D O'Sullivan - Director

1.	STATUTORY INFORMATION

ProSport Physiotherapy (Huddersfield) 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 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.

Turnover

Turnover represents net services invoiced, excluding value added tax.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

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 balance sheet date.

Deferred tax

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

sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2016 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1st January 2017

and 31st December 2017

2,398

DEPRECIATION

At 1st January 2017

1,197

Charge for year

180

At 31st December 2017

1,377

NET BOOK VALUE

At 31st December 2017

1,021

At 31st December 2016

1,201

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

22,723

10,613

Other debtors

23,367

14,320

46,090

24,933

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

18,911

12,388

Other creditors

24,483

11,185

43,394

23,573

7.	LEASING AGREEMENTS

The company has an annual lease commitment of £7,500 per year that expires in October 2022.

8.	RELATED PARTY DISCLOSURES

Mr D O'Sullivan, director, who controls the company, also controls The ProSport Academy Limited.

As at 31 December 2017, The ProSport Academy Limited owed the company £23,367 in the form of a loan, no

interest was charged (2016 - £14,320 and nil).

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is Mr David O'Sullivan.