Company No: 10458771 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	8,518		5,802
		8,518		5,802
Current assets
Debtors	4	4,982		2,068
Cash at bank and in hand		13,529		16,888
		18,511		18,956
Creditors: amounts falling due within one year	5	( 6,013)		( 5,700)
Net current assets		12,498		13,256
Total assets less current liabilities		21,016		19,058
Provision for liabilities	6	( 1,618)		( 1,102)
Net assets		19,398		17,956
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		19,298		17,856
Total shareholders' funds		19,398		17,956

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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Dr Karen Luyt Ltd (registered number: 10458771) were approved and authorised for issue by the Board of Directors on 09 September 2025. They were signed on its behalf by:

Dr Geer Hubregtse Director

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

Dr Karen Luyt Ltd (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 Greenway Barton, Rhode, Bridgwater, TA5 2AD, 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 directors have assessed the Balance Sheet and likely future cash flows at the date of of approving these financial statements. The directors have 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. Therefore, the directors are satisfied that the going concern basis of preparation is correct.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the
ordinary course of the company's activities.

The company recognises revenue when services have been delivered.

Employee benefits

Defined contribution schemes
The company contributes to the directors' personal pension schemes. The assets of the schemes are held separately from those of the company. The contributions payable are charges to the profit and loss account.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Office equipment

15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Office equipment		Total
	£		£
Cost
At 01 April 2024	7,649		7,649
Additions	4,694		4,694
Disposals	( 1,158)		( 1,158)
At 31 March 2025	11,185		11,185
Accumulated depreciation
At 01 April 2024	1,847		1,847
Charge for the financial year	936		936
Disposals	( 116)		( 116)
At 31 March 2025	2,667		2,667
Net book value
At 31 March 2025	8,518		8,518
At 31 March 2024	5,802		5,802

4. Debtors

	2025		2024
	£		£
Trade debtors	4,320		1,410
Prepayments	662		658
	4,982		2,068

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Amounts owed to directors	2,496		1,872
Accruals	1,350		1,260
Taxation and social security	2,167		2,568
	6,013		5,700

6. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 1,102)		( 942)
Charged to the Statement of Income and Retained Earnings	( 516)		( 160)
At the end of financial year	( 1,618)		( 1,102)

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
75 Ordinary A shares of £ 1.00 each	75		75
25 Ordinary B shares of £ 1.00 each	25		25
	100		100