REGISTERED NUMBER: 08480585 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

KINETIC HEALTHCARE LTD

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

25,881

12,438

25,881

12,438

Current assets

Stocks

1,500

1,500

Debtors

6

743

2,335

Cash at bank and in hand

80,183

86,798

82,426

90,633

Creditors

Amounts falling due within one year

7

13,176

19,502

Net current assets

69,250

71,131

Total assets less current liabilities

95,131

83,569

Provisions for liabilities

8

4,917

2,612

Net assets

90,214

80,957

Capital and reserves

Called up share capital

9

100

100

Retained earnings

90,114

80,857

Shareholders' funds

90,214

80,957

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 her 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 October 2025 and were signed by:

Dr M C Spruce - Director

1.	Statutory information

Kinetic Healthcare Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 08480585. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and business address is 39 Preetz Way, Blandford Forum, Dorset, DT11 7XH.

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 represents amounts receivable, in respect of services provided in the ordinary course of business. Turnover is recognised when the service has been provided to the customer.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of the business has been fully amortised.

Tangible fixed assets

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

Improvements to property

-

Straight line over 7 years

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all purchase, costs 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.

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 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.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 4 (2024 - 4 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 April 2024

and 31 March 2025

56,000

Amortisation

At 1 April 2024

and 31 March 2025

56,000

Net book value

At 31 March 2025

-

At 31 March 2024

-

5.	Tangible fixed assets

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

Cost

At 1 April 2024

1,500

16,542

14,634

3,388

36,064

Additions

-

503

21,237

610

22,350

Disposals

-

-

(1,998

)

-

(1,998

)

At 31 March 2025

1,500

17,045

33,873

3,998

56,416

Depreciation

At 1 April 2024

1,500

11,643

7,533

2,950

23,626

Charge for year

-

1,351

7,056

387

8,794

Eliminated on disposal

-

-

(1,885

)

-

(1,885

)

At 31 March 2025

1,500

12,994

12,704

3,337

30,535

Net book value

At 31 March 2025

-

4,051

21,169

661

25,881

At 31 March 2024

-

4,899

7,101

438

12,438

6.

Debtors: amounts falling due within one year

2025

2024

£

£

PAYE debtor

-

2,109

Prepayments

743

226

743

2,335

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

-

172

Tax

5,594

14,440

Social security and other taxes

1,509

-

Pension creditor

319

214

Directors' current accounts

971

122

Accruals and deferred income

4,783

4,554

13,176

19,502

8.	Provisions for liabilities

2025

2024

£

£

Deferred tax

4,917

2,612

Deferred

tax

£

Balance at 1 April 2024

2,612

Charge to Income statement during year

2,305

Balance at 31 March 2025

4,917

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	Ultimate controlling party

The company is controlled by the director Dr M Spruce, who owns 100% of the issued share capital.