REGISTERED NUMBER: 09615611 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ST FAITHS CLINIC LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R J Simons

REGISTERED OFFICE:

Little Warren

Luxfords Lane

Lewes Road

East Grinstead

West Sussex

RH19 3ST

REGISTERED NUMBER:

09615611 (England and Wales)

ACCOUNTANTS:

Jardines

Chartered Certified Accountants

73 Park Lane

Croydon

Surrey

CR0 1JG

FIXED ASSETS

Intangible assets

4

135,166

162,199

Tangible assets

5

5,377

17,902

140,543

180,101

CURRENT ASSETS

Debtors

6

101,936

146,788

Cash at bank

1,497,202

1,184,309

1,599,138

1,331,097

CREDITORS

Amounts falling due within one year

7

572,136

365,094

NET CURRENT ASSETS

1,027,002

966,003

TOTAL ASSETS LESS CURRENT LIABILITIES

1,167,545

1,146,104

PROVISIONS FOR LIABILITIES

732

1,944

NET ASSETS

1,166,813

1,144,160

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

8

1,166,812

1,144,159

SHAREHOLDERS' FUNDS

1,166,813

1,144,160

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 director acknowledges his 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 director and authorised for issue on 1 October 2025 and were signed by:

R J Simons - Director

1.	STATUTORY INFORMATION

St Faiths 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

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.

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 19 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

405,500

AMORTISATION

At 1 April 2024

243,301

Charge for year

27,033

At 31 March 2025

270,334

NET BOOK VALUE

At 31 March 2025

135,166

At 31 March 2024

162,199

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

234,745

Additions

1,899

At 31 March 2025

236,644

DEPRECIATION

At 1 April 2024

216,843

Charge for year

14,424

At 31 March 2025

231,267

NET BOOK VALUE

At 31 March 2025

5,377

At 31 March 2024

17,902

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Accrued Income

101,936

96,788

Directors' current accounts

-

50,000

101,936

146,788

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

171,307

180,399

Tax

389,587

172,622

Social security and other taxes

8,122

8,891

Net wages

-

60

Other creditors

-

109

Accrued expenses

3,120

3,013

572,136

365,094

8.

RESERVES

Retained

earnings

£

At 1 April 2024

1,144,159

Profit for the year

1,122,653

Dividends

(1,100,000

)

At 31 March 2025

1,166,812

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

R Simons owns the freehold occupied by the clinic. Rent of £36,000 (2024:£36,000) was paid to R Simons during the year.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is R J Simons.

The ultimate controlling party is R J Simons.