IRIS Accounts Production v25.2.0.378 15096093 Board of Directors 25.8.23 31.8.24 31.8.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh150960932023-08-24150960932024-08-31150960932023-08-252024-08-31150960932023-08-2415096093ns15:EnglandWales2023-08-252024-08-3115096093ns14:PoundSterling2023-08-252024-08-3115096093ns10:Director12023-08-252024-08-3115096093ns10:PrivateLimitedCompanyLtd2023-08-252024-08-3115096093ns10:SmallEntities2023-08-252024-08-3115096093ns10:AuditExempt-NoAccountantsReport2023-08-252024-08-3115096093ns10:SmallCompaniesRegimeForDirectorsReport2023-08-252024-08-3115096093ns10:SmallCompaniesRegimeForAccounts2023-08-252024-08-3115096093ns10:FullAccounts2023-08-252024-08-3115096093ns10:Director22023-08-252024-08-3115096093ns10:Director32023-08-252024-08-3115096093ns10:RegisteredOffice2023-08-252024-08-3115096093ns5:CurrentFinancialInstruments2024-08-3115096093ns5:Non-currentFinancialInstruments2024-08-3115096093ns5:ShareCapital2024-08-3115096093ns5:RetainedEarningsAccumulatedLosses2024-08-3115096093ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3115096093ns5:Secured2024-08-31
REGISTERED NUMBER: 15096093 (England and Wales)















FINANCIAL STATEMENTS FOR THE PERIOD 25 AUGUST 2023 TO 31 AUGUST 2024

FOR

CHURCH LANE SURGERY LIMITED

CHURCH LANE SURGERY LIMITED (REGISTERED NUMBER: 15096093)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 25 August 2023 to 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHURCH LANE SURGERY LIMITED

COMPANY INFORMATION
for the Period 25 August 2023 to 31 August 2024







DIRECTORS: Dr Y Jeyaseelan
Dr P R V Prasad
Dr A D Yogendra





REGISTERED OFFICE: Stein Richards, 10 London Mews
London
W2 1HY





REGISTERED NUMBER: 15096093 (England and Wales)





ACCOUNTANTS: Stein Richards
Chartered Accountants
10 London Mews
Paddington
LONDON
W2 1HY

CHURCH LANE SURGERY LIMITED (REGISTERED NUMBER: 15096093)

BALANCE SHEET
31 August 2024

Notes £    £   
FIXED ASSETS
Investment property 4 944,252

CURRENT ASSETS
Debtors 5 4,515
Cash at bank 162
4,677
CREDITORS
Amounts falling due within one year 6 226,589
NET CURRENT LIABILITIES (221,912 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

722,340

CREDITORS
Amounts falling due after more than one
year

7

735,031
NET LIABILITIES (12,691 )

CAPITAL AND RESERVES
Called up share capital 3
Retained earnings (12,694 )
(12,691 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2024 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.

CHURCH LANE SURGERY LIMITED (REGISTERED NUMBER: 15096093)

BALANCE SHEET - continued
31 August 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 20 August 2025 and were signed on its behalf by:





Dr P R V Prasad - Director


CHURCH LANE SURGERY LIMITED (REGISTERED NUMBER: 15096093)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 25 August 2023 to 31 August 2024

1. STATUTORY INFORMATION

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

Investment property
In accordance with FRS102, Section 1A, the company's investment property is included in the balance sheet at fair value. The investment property is initially recognised at cost and subsequently measured at fair value at each reporting date. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like other debtors, other creditors and loans.

The basic financial instruments are initially recognised at transaction price and subsequently carried at amortised cost.

Operating income
Operating income is measured as the fair value of the consideration received or receivable, excluding discounts and rebates. Operating income is in respect of rental income and is recognised on a straight line basis over the term of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 944,252
At 31 August 2024 944,252
NET BOOK VALUE
At 31 August 2024 944,252

The investment property was purchased in close proximity to the year end. The Directors are therefore of the opinion the fair value of the property is in line with the initial cost recognised. There is therefore no valuation adjustments arising in the current period.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 4,515

CHURCH LANE SURGERY LIMITED (REGISTERED NUMBER: 15096093)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 25 August 2023 to 31 August 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 19,960
Other creditors 206,629
226,589

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 735,031

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 754,991

The bank loan with Barclays is secured on the company's investment property and its assets.

9. RELATED PARTY DISCLOSURES

During the period the Directors loaned the company £198,197 and this amount is owed to the Directors as at 31 August 2024. No interest is being charged on this loan and the loan is repayable on demand. The balance is included in other creditors.

During the period rent of £10,356 was charged to a partnership in which the Directors are also partners. The partnership also made payments of £5,553 on behalf of the company and this amount is owed by the company as at 31 August 2024. This is included within other creditors.

10. LENGTH OF ACCOUNTING PERIOD

The company was incorporated on 25 August 2023. These are the first financial statements prepared for the company and are therefore for a period of 12 months and 7 days.