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REGISTERED NUMBER: SC637127 (Scotland)





















Unaudited Financial Statements

For The Year Ended 30 November 2024

for

Clinetix Grampian Ltd

Clinetix Grampian Ltd (Registered number: SC637127)






Contents of the Financial Statements
For The Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Clinetix Grampian Ltd

Company Information
For The Year Ended 30 November 2024







DIRECTORS: S S Ravichandran
Mrs E M Ravichandran





REGISTERED OFFICE: 20 Hamilton Road
Bothwell
Glasgow
G71 8NA





REGISTERED NUMBER: SC637127 (Scotland)





ACCOUNTANTS: Atkinson Donnelly LLP
1 Cambuslang Court
Cambuslang
Glasgow
Strathclyde
G32 8FH

Clinetix Grampian Ltd (Registered number: SC637127)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 20,124 24,791
Tangible assets 5 75,343 16,530
95,467 41,321

CURRENT ASSETS
Stocks 11,285 16,353
Debtors 6 6,726 10,538
Cash at bank 1,733 3,985
19,744 30,876
CREDITORS
Amounts falling due within one year 7 112,479 88,664
NET CURRENT LIABILITIES (92,735 ) (57,788 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,732

(16,467

)

CREDITORS
Amounts falling due after more than one
year

8

(59,633

)

(15,520

)

PROVISIONS FOR LIABILITIES 9 - (5,080 )
NET LIABILITIES (56,901 ) (37,067 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (57,001 ) (37,167 )
(56,901 ) (37,067 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Clinetix Grampian Ltd (Registered number: SC637127)

Balance Sheet - continued
30 November 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 29 August 2025 and were signed on its behalf by:





Mrs E M Ravichandran - Director


Clinetix Grampian Ltd (Registered number: SC637127)

Notes to the Financial Statements
For The Year Ended 30 November 2024

1. STATUTORY INFORMATION

Clinetix Grampian Ltd is a private company, limited by shares , registered in Scotland. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance and 20% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Financial instruments
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and Bank Balances
Cash and bank balances are measured at the transaction price.

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.


Clinetix Grampian Ltd (Registered number: SC637127)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2024

2. ACCOUNTING POLICIES - continued
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 8 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 December 2023
and 30 November 2024 35,000 5,832 40,832
AMORTISATION
At 1 December 2023 14,000 2,041 16,041
Charge for year 3,500 1,167 4,667
At 30 November 2024 17,500 3,208 20,708
NET BOOK VALUE
At 30 November 2024 17,500 2,624 20,124
At 30 November 2023 21,000 3,791 24,791

Clinetix Grampian Ltd (Registered number: SC637127)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 December 2023 39,033 6,295 2,855 48,183
Additions 78,683 - - 78,683
At 30 November 2024 117,716 6,295 2,855 126,866
DEPRECIATION
At 1 December 2023 27,005 3,663 985 31,653
Charge for year 18,744 658 468 19,870
At 30 November 2024 45,749 4,321 1,453 51,523
NET BOOK VALUE
At 30 November 2024 71,967 1,974 1,402 75,343
At 30 November 2023 12,028 2,632 1,870 16,530

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 473 2,549
Other debtors 6,253 7,989
6,726 10,538

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 11,053 10,116
Finance leases 14,132 -
Trade creditors 25,548 22,995
Amounts owed to group undertakings 49,313 27,313
Taxation and social security 5,768 21,726
Other creditors 6,665 6,514
112,479 88,664

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Bank loans 4,515 15,520
Finance leases 55,118 -
59,633 15,520

Clinetix Grampian Ltd (Registered number: SC637127)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2024

9. PROVISIONS FOR LIABILITIES
30.11.24 30.11.23
£    £   
Deferred tax - 5,080

Deferred
tax
£   
Balance at 1 December 2023 5,080
Utilised during year (5,080 )
Balance at 30 November 2024 -

10. RELATED PARTY DISCLOSURES

Included in creditors are amounts owed to/from related parties at the reporting end date. These are:

£15,000 (2023 - nil) due to Simon Ravichandran Consultancy Ltd
£21,584 (2023 - £21,584) due to Meet and Teach Glasgow Ltd.
£16,821 (2023 - £9,821) due to Clinetix Rejuvenation (Glasgow) Ltd.
£14,933 (2023 - £14,933) due from Megadodo Holding Ltd.
£10,841 (2023 - £10,841) due to Clinetix Rejuvenation Limited.

The above loans are unsecured, interest free and have no fixed repayment terms.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Clinetix Grampian Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Clinetix Grampian Ltd for the year ended 30 November 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the Board of Directors of Clinetix Grampian 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 Clinetix Grampian Ltd and state those matters that we have agreed to state to the Board of Directors of Clinetix Grampian Ltd, as a body, in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Clinetix Grampian 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 loss of Clinetix Grampian Ltd. You consider that Clinetix Grampian 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 Clinetix Grampian 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.






Atkinson Donnelly LLP
1 Cambuslang Court
Cambuslang
Glasgow
Strathclyde
G32 8FH


29 August 2025