REGISTERED NUMBER: 03127904 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GIPPING OCCUPATIONAL HEALTH LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Braithwaite

Mrs B J Jones

REGISTERED OFFICE:

10-11 Norfolk House

Williamsport Way

Lion Barn Industrial Estate

Needham Market

Suffolk

IP6 8RW

REGISTERED NUMBER:

03127904 (England and Wales)

ACCOUNTANTS:

Walter Wright

Chartered Accountants

89 High Street

Hadleigh

Ipswich

Suffolk

IP7 5EA

FIXED ASSETS

Intangible assets

4

19,700

26,420

Tangible assets

5

259,557

127,747

279,257

154,167

CURRENT ASSETS

Stocks

5,015

4,414

Debtors

6

164,057

172,000

Cash at bank and in hand

640,211

468,139

809,283

644,553

CREDITORS

Amounts falling due within one year

7

308,489

239,304

NET CURRENT ASSETS

500,794

405,249

TOTAL ASSETS LESS CURRENT LIABILITIES

780,051

559,416

CREDITORS

Amounts falling due after more than one year

8

(101,099

)

(40,000

)

PROVISIONS FOR LIABILITIES

(69,517

)

(38,542

)

NET ASSETS

609,435

480,874

CAPITAL AND RESERVES

Called up share capital

33,435

33,435

Share premium

26,666

26,666

Retained earnings

549,334

420,773

SHAREHOLDERS' FUNDS

609,435

480,874

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 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 5 September 2025 and were signed on its behalf by:

M Braithwaite - Director

1.	STATUTORY INFORMATION

Gipping Occupational Health Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents the fair value of services provided during the year on client assignments, is recognised as contract activity progresses and the right to consideration is earned and excludes Value Added Tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

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.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 20 (2024 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

33,600

AMORTISATION

At 1 April 2024

7,180

Charge for year

6,720

At 31 March 2025

13,900

NET BOOK VALUE

At 31 March 2025

19,700

At 31 March 2024

26,420

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

217,300

Additions

172,003

At 31 March 2025

389,303

DEPRECIATION

At 1 April 2024

89,553

Charge for year

40,193

At 31 March 2025

129,746

NET BOOK VALUE

At 31 March 2025

259,557

At 31 March 2024

127,747

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

82,595

Additions

156,225

At 31 March 2025

238,820

DEPRECIATION

Charge for year

30,034

At 31 March 2025

30,034

NET BOOK VALUE

At 31 March 2025

208,786

At 31 March 2024

82,595

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

158,303

148,571

Other debtors

5,754

23,429

164,057

172,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

32,049

10,000

Trade creditors

79,939

27,819

Taxation and social security

148,140

135,546

Other creditors

48,361

65,939

308,489

239,304

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

101,099

40,000

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

£

Net obligations repayable:

Within one year

32,049

10,000

Between one and five years

101,099

40,000

133,148

50,000

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

M Braithwaite

Balance outstanding at start of year

-

100,000

Amounts repaid

-

(100,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-