2024-02-01 12098086 2025-01-31 12098086 2024-02-01 2025-01-31 12098086 2024-01-31 12098086 2023-02-01 2024-01-31 12098086 uk-core:WithinOneYear 2024-01-31 12098086 uk-core:WithinOneYear 2025-01-31 12098086 uk-core:AfterOneYear 2024-01-31 12098086 uk-core:AfterOneYear 2025-01-31 12098086 uk-core:ShareCapital 2025-01-31 12098086 uk-core:ShareCapital 2024-01-31 12098086 uk-core:RetainedEarningsAccumulatedLosses 2025-01-31 12098086 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 12098086 uk-bus:Director1 2024-02-01 2025-01-31 12098086 uk-core:PlantMachinery 2024-02-01 2025-01-31 12098086 uk-core:ComputerEquipment 2024-02-01 2025-01-31 12098086 uk-core:FurnitureFittings 2024-02-01 2025-01-31 12098086 uk-core:IntangibleAssetsOtherThanGoodwill 2024-01-31 12098086 uk-core:IntangibleAssetsOtherThanGoodwill 2025-01-31 12098086 uk-core:IntangibleAssetsOtherThanGoodwill 2024-02-01 2025-01-31 12098086 uk-core:ComputerEquipment 2024-01-31 12098086 uk-core:FurnitureFittings 2024-01-31 12098086 uk-core:PlantMachinery 2024-01-31 12098086 uk-core:PlantMachinery 2025-01-31 12098086 uk-core:FurnitureFittings 2025-01-31 12098086 uk-core:ComputerEquipment 2025-01-31 12098086 uk-core:BetweenTwoFiveYears 2024-01-31 12098086 uk-core:BetweenTwoFiveYears 2025-01-31 iso4217:GBP xbrli:pure 12098086 uk-bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 12098086 uk-bus:FRS102 2024-02-01 2025-01-31 12098086 uk-bus:FilletedAccounts 2024-02-01 2025-01-31 12098086 uk-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31

Hearing Therapy Ltd

Registered Number:12098086

For the year ended 31 January 2025
England and Wales
Unaudited Financial Statements

2
For the year ended 31 January 2025
Hearing Therapy Ltd
Contents Page
1
Statement of Financial Position
2 to 6
Notes to the Financial Statements
3

Registered Number :

12098086

As at 31 January 2025

Hearing Therapy Ltd
Statement of Financial Position

£

£

2024
2025

Notes

Fixed assets

Intangible assets

5,299
5,740
2

Property, plant and equipment

20,825
17,085
3
26,124
22,825

Current assets

Inventories

9,272
12,884
4

Trade and other receivables

12,362
22,819
5
56,462

Cash and cash equivalents

43,857
79,560
78,096

Trade and other payables: amounts falling due within one
year

(50,812)
(67,291)
6
27,284
12,269
Net current assets

Total assets less current liabilities

38,393
50,109

Trade and other payables: amounts falling due after more
than one year

(9,400)
(9,400)
7
(3,956)
(4,060)

Provisions for liabilities

25,037
Net assets
36,649

Capital and reserves

Called up share capital

1
1

Retained earnings

25,036
36,648
25,037
36,649
Shareholders' funds

For the year ended 31 January 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

1 of 6
4

Registered Number :

12098086

For the year ended 31 January 2025
Hearing Therapy Ltd
Statement of Financial Position Continued

Mr T.G. Husband Director

These financial statements were approved and authorised for issue by the Board on 08 October 2025 and were signed by:

The notes form part of these financial statements

2 of 6
5
For the year ended 31 January 2025
Hearing Therapy Ltd
Notes to the Financial Statements
Statutory Information

Hearing Therapy Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 12098086.

Registered address:

36 Cawthorne Grove
Sheffield
S8 0ND

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1 A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Intangible assets

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less amortisation and accumulated impairment losses. Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are atrributable to the asset will flow to the entity and the fair value of the asset can be measured reliably: the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Property, plant and equipment

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

25% Reducing balance

33% Straight line

Computer Equipment

25% Reducing balance

Furniture and Fittings
Inventories

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Profit on work in progress contracts is recognised when the outcome of the contracts can be assessed with reasonable certainty, and is that amount which is estimated to fairly reflect the profit arising up to the year end. Profit on work in progress contracts is reflected in the profit and loss account as the difference between the reported turnover and the related costs.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

3 of 6
6
For the year ended 31 January 2025
Hearing Therapy Ltd
Notes to the Financial Statements Continued
Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Debtors and Creditors

Debtors and creditors with no stated interest rate, which are due within one year, are stated at the transcation price.
Any losses arising from impairment are recognised in the statement of comprehensive income within administrative
expenses.

Impairment

At each balance sheet date, assets are reviewed to determine whether there is any indication that any of the
individual assets have suffered an impairment. If such indication exists, the recoverable amount of the asset, or the
assest cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds
its recoverable amount, an impairment loss is recognised in the statement of comprehensive income.

2. Intangible fixed assets

Intangible
Assets

Cost or valuation

£

At 01 February 2024

6,622

At 31 January 2025

6,622

Amortisation

At 01 February 2024

882
441
Charge for year

At 31 January 2025

1,323

Net book value

At 31 January 2025

5,299

At 31 January 2024

5,740
4 of 6
7
For the year ended 31 January 2025
Hearing Therapy Ltd
Notes to the Financial Statements Continued

3. Property, plant and equipment

Total

Computer
Equipment

Furniture and
Fittings

Plant and
Machinery

£

£

£

£

Cost or
valuation

At 01 February 2024

26,311
6,945
13,033
6,333
11,855
279
837
10,739

Additions

At 31 January 2025

17,072
13,870
7,224
38,166

Provision for depreciation and impairment

At 01 February 2024

9,226
3,552
3,153
2,521
Charge for year
8,115
2,161
2,662
3,292

At 31 January 2025

17,341
5,713
5,815
5,813

At 31 January 2025

Net book value

11,259
8,055
1,511
20,825

At 31 January 2024

3,812
9,880
3,393
17,085

4. Inventories

2024
2025

£

£

Stocks

12,884
9,272

5. Trade and other receivables

2024
2025

£

£

Trade debtors

15,965
2,919

Other debtors

6,854
9,443
12,362
22,819

6. Trade and other payables: amounts falling due within one year

2024
2025

£

£

Trade creditors

37,226
27,998

Taxation and social security

2,125
3,367

Debentures

5,000
5,000

Other creditors

22,940
14,447
67,291
50,812
5 of 6
8
For the year ended 31 January 2025
Hearing Therapy Ltd
Notes to the Financial Statements Continued

7. Trade and other payables: amounts falling due after more than one year

2024
2025

£

£

Debentures

9,400
9,400

8. Guarantees and other financial commitments

Lease commitments

At 31 January 2025 the company had annual commitments under non-cancellable operating leases as set out
below:

2024

£

2025

£

Operating leases which expire:

21,150
21,150

Within 1 year

31,875
19,125

Within 2 to 5 years

40,275
53,025

9. Average number of persons employed

During the year the average number of employees was 4 (2024 : 3)
6 of 6