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Company No: 14727533 (England and Wales)

PSYTECH HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

PSYTECH HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

PSYTECH HOLDINGS LIMITED

BALANCE SHEET

As at 31 March 2025
PSYTECH HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 31 March 2025
Note 2025 2024
£ £
Fixed assets
Investments 3 531,053 531,053
531,053 531,053
Current assets
Debtors 4 0 100
Cash at bank and in hand 5 5,521 5,487
5,521 5,587
Creditors: amounts falling due within one year 6 ( 97,059) ( 98,030)
Net current liabilities (91,538) (92,443)
Total assets less current liabilities 439,515 438,610
Creditors: amounts falling due after more than one year 7 ( 221,206) ( 328,265)
Net assets 218,309 110,345
Capital and reserves
Called-up share capital 100 100
Profit and loss account 218,209 110,245
Total shareholders' funds 218,309 110,345

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Psytech Holdings Limited (registered number: 14727533) were approved and authorised for issue by the Director on 15 July 2025. They were signed on its behalf by:

D P Murphy
Director
PSYTECH HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
PSYTECH HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Psytech Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 216-218 Main Road, Biggin Hill, Westerham, TN16 3BD, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Fixed asset investments

Investments in subsidiaries

2025
£
Cost
At 01 April 2024 531,053
At 31 March 2025 531,053
Carrying value at 31 March 2025 531,053
Carrying value at 31 March 2024 531,053

4. Debtors

2025 2024
£ £
Other debtors 0 100

5. Cash and cash equivalents

2025 2024
£ £
Cash at bank and in hand 5,521 5,487

6. Creditors: amounts falling due within one year

2025 2024
£ £
Other creditors 97,059 98,030

7. Creditors: amounts falling due after more than one year

2025 2024
£ £
Other creditors 221,206 328,265

There are no amounts included above in respect of which any security has been given by the small entity.