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Registration number: NI635755

TwentySix Clinic Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 January 2025

TwentySix Clinic Limited

(Registration number: NI635755)
Balance Sheet as at 31 January 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 110,798 | 7,855
Other financial assets | 5 | 50,000 | 50,000
|  | 160,798 | 57,855
Current assets |  |  |
Work in progress | 6 | 52,747 | 37,414
Debtors | 7 | 441,460 | 242,202
Cash at bank and in hand |  | 253,599 | 445,507
|  | 747,806 | 725,123
Creditors: Amounts falling due within one year | 8 | (99,206) | (86,435)
Net current assets |  | 648,600 | 638,688
Total assets less current liabilities |  | 809,398 | 696,543
Provisions for liabilities |  | (21,052) | (1,492)
Net assets |  | 788,346 | 695,051
Capital and reserves |  |  |
Called up share capital | 9 | 100 | 100
Retained earnings |  | 788,246 | 694,951
Shareholders' funds |  | 788,346 | 695,051

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

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

TwentySix Clinic Limited

(Registration number: NI635755)
Balance Sheet as at 31 January 2025

Approved and authorised by the director on 7 October 2025

......................................... Dr Maurice Thomas O'Flaherty Director

TwentySix Clinic Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1 | General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is: 11 Derryvolgie Avenue, Malone Road, Belfast, BT9 6FL.

These financial statements were authorised for issue by the director on 7 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

TwentySix Clinic Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures and fittings | 20% reducing balance
Office equipment | 20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Work in progress

Work in progress is valued at cost of labour and materials plus attributable profits less foreseeable losses.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

TwentySix Clinic Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

TwentySix Clinic Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 February 2024 | 17,015 | - | 17,015
Additions | 7,339 | 106,350 | 113,689
Disposals | (1,608) | - | (1,608)
At 31 January 2025 | 22,746 | 106,350 | 129,096
Depreciation
At 1 February 2024 | 9,160 | - | 9,160
Charge for the year | 2,885 | 7,090 | 9,975
Eliminated on disposal | (837) | - | (837)
At 31 January 2025 | 11,208 | 7,090 | 18,298
Carrying amount
At 31 January 2025 | 11,538 | 99,260 | 110,798
At 31 January 2024 | 7,855 | - | 7,855

TwentySix Clinic Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

5 | Other financial assets (current and non-current)

| Financial assets at amortised cost £ | Total £
Non-current financial assets
Cost or valuation
Additions | 50,000 | 50,000
At 31 January 2025 | 50,000 | 50,000
Impairment
Carrying amount
At 31 January 2025 | 50,000 | 50,000

6 | Work in progress

| 2025 £ | 2024 £
Work in progress | 52,747 | 37,414

7 | Debtors

| 2025 £ | 2024 £
Prepayments | 3,873 | 4,388
Other debtors | 437,587 | 237,814
| 441,460 | 242,202

TwentySix Clinic Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 10 | 83,636 | -
Accruals |  | 13,762 | 12,811
Corporation tax |  | 1,448 | 73,624
Other creditors |  | 360 | -
|  | 99,206 | 86,435

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100

10 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
HP and finance lease liability | 83,636 | -

11 | Related party transactions

The following balance was due (to)/from the director at the year end:-

|  | 2023 £ | 2024 £
Directors current account |  | 363,707 | 218,266
|  | 363,707 | 218,266