Clinatol Investments Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13487029

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		535,928		-
Investments	5		17,835,732		8,023,141

			18,371,660		8,023,141
CURRENT ASSETS
Stocks	6	614,208		1,113,302
Debtors	7	15,443,671		25,673,218
Cash at bank and in hand		19,752,243		23,380,933

		35,810,122		50,167,453
Creditors: Amounts Falling Due Within One Year	8	(742,304 )		(5,008,123 )

NET CURRENT ASSETS (LIABILITIES)			35,067,818		45,159,330

TOTAL ASSETS LESS CURRENT LIABILITIES			53,439,478		53,182,471

PROVISIONS FOR LIABILITIES
Deferred Taxation			-		(488,450 )

NET ASSETS			53,439,478		52,694,021

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			53,439,378		52,693,921

SHAREHOLDERS' FUNDS			53,439,478		52,694,021

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Clinatol Investments Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr C A Jessup

Director

24 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Clinatol Investments Limited is a private company, limited by shares, registered in England & Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting Policies

2.1. Basis of Preparation of 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of land and property

Revenue from the sale of land and property is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer and the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rental income

Rental income from operating leases (net of any incentives given to the lessees) is recognised on a straight-line basis over the lease term.

Interest receivable

Interest income is recognised using the effective interest method and is recognised as the company's right to receive payment is established.

2.3. Investment Properties

Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

2.4. Investments

Investments in subsidiary and associate undertakings are recognised at cost.

2.5. Stocks and Work in Progress

Stocks and work in progress are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all cost of purchase, cost of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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Clinatol Investments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.6. 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.

2.7. Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Investment Property

	2024
	£
Fair Value
As at 1 January 2024	-
Additions	535,928

As at 31 December 2024	535,928

The directors are of the option that the fair value of the investment property as at 31 December 2024 accords to value shown on the balance sheet.

5. Investments

	Associates
	£
Cost
As at 1 January 2024	8,023,141
Additions	9,814,591
Disposals	(2,000 )

As at 31 December 2024	17,835,732

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	17,835,732

As at 1 January 2024	8,023,141

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Clinatol Investments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Stocks

	2024	2023
	£	£
Work in progress	614,208	1,113,302

7. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	1,211	588
Amounts owed by connected parties	-	5,239,220
Shareholders' loan accounts	-	755,752
Director's loan account	442,460	-

	443,671	5,995,560
Due after more than one year
Loan notes	15,000,000	19,677,658

	15,443,671	25,673,218

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	1,440	7,343
Corporation tax	737,084	149,592
Amounts owed to connected parties	-	241,220
Accruals and deferred income	3,780	3,000
Director's loan account	-	4,606,968

	742,304	5,008,123

9. Share Capital

	2024	2023
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr Clive Jessup	-	442,460	-	-	442,460

The director's loan has been provided at the rate of 2.25% and is repayable on demand.

11. Related Party Disclosures

A Loan is outstanding for £nil (2023: £755,752) from the shareholder, Miss O Jessup. The balance was repayable on demand and interest at a rate of 2.25% had been levied on the loan.

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