REGISTERED NUMBER: 12154251 (England and Wales)

APOLLINE HOUSE PRACTICE LIMITED

Unaudited Financial Statements

for the Period 1st January 2024 to 6th January 2025

Page

Company Information

1

Abridged Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Dr S K Dau

H S Gill

REGISTERED OFFICE:

Devonshire House Office

129 Wade Road

Wade Road, Basingstoke

United Kingdom

RG24 8PE

REGISTERED NUMBER:

12154251 (England and Wales)

ACCOUNTANTS:

TG Associates Limited

Chartered Accountants

7 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Intangible assets

4

1,190,237

1,190,237

Tangible assets

5

118,871

541,951

1,309,108

1,732,188

CURRENT ASSETS

Stocks

-

12,250

Debtors

37,439

71,721

Cash at bank

46,139

96,075

83,578

180,046

CREDITORS

Amounts falling due within one year

(1,025,088

)

(587,425

)

NET CURRENT LIABILITIES

(941,510

)

(407,379

)

TOTAL ASSETS LESS CURRENT LIABILITIES

367,598

1,324,809

CREDITORS

Amounts falling due after more than one year

6

-

(799,101

)

PROVISIONS FOR LIABILITIES

(10,367

)

(116,136

)

NET ASSETS

357,231

409,572

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

357,031

409,372

SHAREHOLDERS' FUNDS

357,231

409,572

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 6th January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 6th January 2025 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 6th January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 6th October 2025 and were signed on its behalf by:

H S Gill - Director

1.	STATUTORY INFORMATION

Apolline House Practice 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Equipment and fixtures

-

33% on cost

Motor vehicles

-

25% on 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 period 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 period 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Goodwill

In the opinion of the directors, the value of goodwill has appreciated in value since acquisition and therefore in order to give a true and fair view of the results, no amortisation has been provided on goodwill and it remains in the accounts at original cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 19 (2023 - 20 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1st January 2024

and 6th January 2025

1,190,237

NET BOOK VALUE

At 6th January 2025

1,190,237

At 31st December 2023

1,190,237

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st January 2024

817,011

Additions

27,121

Disposals

(106,830

)

At 6th January 2025

737,302

DEPRECIATION

At 1st January 2024

275,060

Charge for period

397,132

Eliminated on disposal

(53,761

)

At 6th January 2025

618,431

NET BOOK VALUE

At 6th January 2025

118,871

At 31st December 2023

541,951

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1st January 2024

225,476

Transfer to ownership

(225,476

)

At 6th January 2025

-

DEPRECIATION

At 1st January 2024

80,857

Transfer to ownership

(80,857

)

At 6th January 2025

-

NET BOOK VALUE

At 6th January 2025

-

At 31st December 2023

144,619

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

6.1.25

31.12.23

£

£

Repayable by instalments

Bank loans more 5 yr by instal

-

755,282

7.	SECURED DEBTS

The following secured debts are included within creditors:

6.1.25

31.12.23

£

£

Bank loans

-

827,745

Bank loans are secured by way of fixed and floating charge over the company assets including personal guarantee given by the directors.