KENNETH NG SURGERY LTD.


Directors	PARKER, Mohamed Sayeed, Dr
	SALIE-PARKER, Rushdiyah, Dr


Registered Address	2nd Floor Grove House
	Lowlands Road
	Harrow
	HA1 3AW


Registered Number	06479528 (England and Wales)

Balance Sheet as at
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		114,600		144,727
			114,600		144,727
Current assets
Stocks	4	2,500		2,500
Debtors	5	411,588		503,428
Cash at bank and on hand		23,174		34,399
		437,262		540,327
Creditors amounts falling due within one year	6	(152,403)		(104,509)
Net current assets (liabilities)			284,859		435,818
Total assets less current liabilities			399,459		580,545
Creditors amounts falling due after one year	7		(53,494)		(102,790)
Net assets			345,965		477,755
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			344,965		476,755
Shareholders' funds			345,965		477,755

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 28 October 2025, and are signed on its behalf by:

PARKER, Mohamed Sayeed, Dr
Director
Registered Company No. 06479528

KENNETH NG SURGERY LTD.

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	33	-
Fixtures and fittings	25	-
Vehicles	-	4
Office Equipment	25	-

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Financial instruments
	The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of
interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities 
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	11		7

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 February 24	139,199	107,639	-	5,883	252,721
Additions	-	-	5,126	5,010	10,136
At 31 January 25	139,199	107,639	5,126	10,893	262,857
Depreciation and impairment
At 01 February 24	95,587	12,273	-	134	107,994
Charge for year	14,392	23,841	801	1,229	40,263
At 31 January 25	109,979	36,114	801	1,363	148,257
Net book value
At 31 January 25	29,220	71,525	4,325	9,530	114,600
At 31 January 24	43,612	95,366	-	5,749	144,727

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	2,500	2,500
Total	2,500	2,500

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	11,051	4,516
Other debtors	399,085	497,649
Prepayments and accrued income	1,452	1,263
Total	411,588	503,428

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	20,883	1,705
Bank borrowings and overdrafts	16,667	16,667
Taxation and social security	25,655	12,835
Finance lease and HP contracts	32,570	32,569
Other creditors	50,605	8,572
Accrued liabilities and deferred income	6,023	32,161
Total	152,403	104,509

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	5,171	21,898
Other creditors	48,323	80,892
Total	53,494	102,790


	Included within creditors falling due within one year and creditors falling due after more than one year is £21,838 (2024: 38,565) in respect of a loan from Siemens. This loan is repayable by June 2026

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	48,322		80,892

9.	Capital commitments
	LEASING AGREEMENTS: Minimum lease payments under non-cancellable hire purchase lease in respect of motor vehicle and equipment fall due as follows: Due within one year: £32,569 (2024: £32,569) Between one and five years: £48,323 (2024:£80,892)

10.	Other commitments
	LEASING AGREEMENTS: Minimum lease payments under non-cancellable operating leases fall due as follows: Due within one year: £25,200 (2024: 25,200)

11.	Related party transactions
	Included in other creditors falling due within one year is an amount due to the director £25,128 (2024: Nil).