BONHARD MEDICAL LIMITED


Directors	Dr Andrew John Ashworth
	Lorna Elizabeth Black Ashworth


Registered Address	Bonhard House
	Bonhard House
	Bo'Ness
	EH51 9RR


Registered Number	SC460311 (Scotland)

Balance Sheet as at
30 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		30,076		45,113
Tangible assets	4		159,076		66,875
			189,152		111,988
Current assets
Debtors	5	54,651		57,230
Cash at bank and on hand		65,710		149,618
		120,361		206,848
Creditors amounts falling due within one year	6	(18,434)		(19,300)
Net current assets (liabilities)			101,927		187,548
Total assets less current liabilities			291,079		299,536
Provisions for liabilities			(32,425)		(14,106)
Net assets			258,654		285,430
Capital and reserves
Called up share capital			1,000		100
Profit and loss account			257,654		285,330
Shareholders' funds			258,654		285,430

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 2 July 2025, and are signed on its behalf by:

Dr Andrew John Ashworth
Director
Registered Company No. SC460311

BONHARD MEDICAL LIMITED

Notes to the Financial Statements
for the year ended 30 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover represents gross invoiced provision of services in the year.

	Employee 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.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 

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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. 

Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Development expenditure is capitalised when eligible costs are incurred. The resulting intangible asset is amortised over three years once the commercial production in respect of these costs has commenced.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Plant and machinery - 50% on cost and 25% on cost Fixtures and fittings - 25% on reducing balance Office Equipment - 10% on cost Vehicles - 25% on reducing balance Building - 2% on cost

	Finance leases and hire purchase contracts
	Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 31 March 24	45,113	45,113
At 30 March 25	45,113	45,113
Amortisation and impairment
Charge for year	15,037	15,037
At 30 March 25	15,037	15,037
Net book value
At 30 March 25	30,076	30,076
At 30 March 24	45,113	45,113

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 31 March 24	-	13,866	-	9,398	94,940	118,204
Additions	81,196	3,884	22,824	-	-	107,904
At 30 March 25	81,196	17,750	22,824	9,398	94,940	226,108
Depreciation and impairment
At 31 March 24	-	12,641	-	7,542	31,146	51,329
Charge for year	1,083	1,467	4,755	425	7,973	15,703
At 30 March 25	1,083	14,108	4,755	7,967	39,119	67,032
Net book value
At 30 March 25	80,113	3,642	18,069	1,431	55,821	159,076
At 30 March 24	-	1,225	-	1,856	63,794	66,875

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	53,025	57,075
Prepayments and accrued income	1,626	155
Total	54,651	57,230

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	12,497	16,520
Other creditors	3,783	775
Accrued liabilities and deferred income	2,154	2,005
Total	18,434	19,300

7.	Related party transactions
	Other creditors due within one year include amounts due to Mr G Ashworth, son of Director Dr A Ashworth of £3,783 (2024: £775). No interest is charged on this amount.