The KB Clinic Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07607573 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE KB CLINIC LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

9

DIRECTORS:

Dr K Bush

Mrs R D'Angiolino

REGISTERED OFFICE:

75 Harley Street

Suite 3

London

W1G 8QL

REGISTERED NUMBER:

07607573 (England and Wales)

ACCOUNTANTS:

MGR Paris Limited

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

FIXED ASSETS

Tangible assets

4

45,376

58,545

Investments

5

34,998

80,374

93,543

CURRENT ASSETS

Debtors

6

298,638

322,032

Cash at bank and in hand

1,572,858

1,500,080

1,871,496

1,822,112

CREDITORS

Amounts falling due within one year

7

(66,913

)

(72,404

)

NET CURRENT ASSETS

1,804,583

1,749,708

TOTAL ASSETS LESS CURRENT LIABILITIES

1,884,957

1,843,251

PROVISIONS FOR LIABILITIES

8

(8,061

)

(11,163

)

NET ASSETS

1,876,896

1,832,088

CAPITAL AND RESERVES

Called up share capital

9

2,000

Retained earnings

10

1,874,896

1,830,088

SHAREHOLDERS' FUNDS

1,876,896

1,832,088

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 28 May 2025 and were signed on its behalf by:

Dr K Bush - Director

1.	STATUTORY INFORMATION

The KB Clinic 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.

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.

The monetary amounts are rounded to the nearest pound.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% on reducing balance

Plant and machinery - 25% on reducing balance

Computer equipment - 33% on straight line

Leasehold - 15 year straight line

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.

Basic financial assets

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction and where material are subsequently measured at amortise cost using the effective interest method, less any impairment

Impairment of financial assets

Financial assets, other than those held at fair value are assessed for indicators or impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occured after the initial recognition of the financial asset, the estimated future cash flows have been affected. The impairment loss is recognised in the Statement of Total Comprehensive Income.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfer the financial asset and substantially all the risks and rewards of ownership to another entity.

Basic financial liabilities

Basic financial liabilities, including trade and other payables and loans from company undertakings that are classified as debt are initially measured at transaction price unless the arrangement constitute a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at the market rate of interest.

Trade creditors are obligations to pay for goods or services that have been acquired int he ordinary course of business from suppliers. Accounts payables are classified as current liabilities if a payment is due within one year or less. If not, they are present as non current liabilities. Short term creditors are initially recognised at transaction price and where material are subsequently measured at amortised cost using the effective interest method.

Cash and cash equivalent

Cash and cash equivalent include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less.

Leases

Assets acquired under hire purchase agreements are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

Leasehold

machinery

fittings

equipment

Totals

£

COST

At 1 April 2024

17,364

43,978

21,663

25,743

108,748

Additions

-

1,498

At 31 March 2025

17,364

43,978

21,663

27,241

110,246

DEPRECIATION

At 1 April 2024

3,473

11,199

12,618

22,913

50,203

Charge for year

1,158

8,264

2,261

2,984

14,667

At 31 March 2025

4,631

19,463

14,879

25,897

64,870

NET BOOK VALUE

At 31 March 2025

12,733

24,515

6,784

1,344

45,376

At 31 March 2024

13,891

32,779

9,045

2,830

58,545

5.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 April 2024

and 31 March 2025

34,998

NET BOOK VALUE

At 31 March 2025

34,998

At 31 March 2024

34,998

Entity

Country of Incorporation

Class

Ownership

Daynart Limited

Scotland

Equity

1%

6.

DEBTORS

31.3.25

31.3.24

£

Amounts falling due within one year:

Trade debtors

1,605

5,516

Other debtors

61,433

80,916

63,038

86,432

31.3.25

31.3.24

£

Amounts falling due after more than one year:

Other debtors

235,600

Aggregate amounts

298,638

322,032

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Taxation and social security

14,652

17,394

Other creditors

52,261

55,010

66,913

72,404

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

Deferred tax

8,061

11,163

Deferred

tax

£

Balance at 1 April 2024

11,163

Provided during year

(3,102

)

Balance at 31 March 2025

8,061

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

1,000

Ordinary

£1

1,000

Ordinary A

£1

1,000

2,000

10.

RESERVES

Retained

earnings

£

At 1 April 2024

1,830,088

Profit for the year

44,808

At 31 March 2025

1,874,896

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 The KB Clinic Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet 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 the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of The KB Clinic Limited, 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 The KB Clinic Limited and state those matters that we have agreed to state to the Board of Directors of The KB Clinic Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The KB Clinic Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The KB Clinic Limited 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 profit of The KB Clinic Limited. You consider that The KB Clinic Limited 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 The KB Clinic Limited. 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.

MGR Paris Limited

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

28 May 2025