REGISTERED NUMBER: 09765871 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

LUCIE WEDGWOOD SURGERY LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

52,721

60,069

CURRENT ASSETS

Stocks

750

750

Debtors

5

1,064,257

896,562

Cash at bank and in hand

102,243

119,267

1,167,250

1,016,579

CREDITORS

Amounts falling due within one year

6

209,107

199,623

NET CURRENT ASSETS

958,143

816,956

TOTAL ASSETS LESS CURRENT LIABILITIES

1,010,864

877,025

PROVISIONS FOR LIABILITIES

13,180

15,017

NET ASSETS

997,684

862,008

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

997,682

862,006

SHAREHOLDERS' FUNDS

997,684

862,008

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 12 September 2025 and were signed on its behalf by:

Nerinder Kumar Narhlya - Director

1.	STATUTORY INFORMATION

Lucie Wedgwood Surgery Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09765871

Registered office:

Chapel Lane

Burslem

Stoke on Trent

ST6 2AB

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 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 Depreciation: 15% 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

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 17 (2023 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

71,779

Additions

1,788

At 31 December 2024

73,567

DEPRECIATION

At 1 January 2024

11,710

Charge for year

9,136

At 31 December 2024

20,846

NET BOOK VALUE

At 31 December 2024

52,721

At 31 December 2023

60,069

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

29,873

32,364

Other debtors

1,034,384

864,198

1,064,257

896,562

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

2,406

9,653

Taxation and social security

175,498

148,970

Other creditors

31,203

41,000

209,107

199,623

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Nerinder Kumar Narhlya and Anil Babu Surendran

Balance outstanding at start of year

709,318

573,819

Amounts advanced

367,185

375,499

Amounts repaid

(240,000

)

(240,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

836,503

709,318

Dividends issued to the directors during the year = £240,000 (£240,000 in 2023)