REGISTERED NUMBER: 11806226 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

NOTTINGHAM GYNAECOLOGY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

D Nunns

Registered office:

10 Stadium Business Court

Millennium Way

Pride Park

Derby

Derbyshire

DE24 8HP

Registered number:

11806226 (England and Wales)

Accountants:

TC Group

10 Stadium Business Court

Millennium Way

Pride Park

Derby

Derbyshire

DE24 8HP

Fixed assets

Intangible assets

4

499

-

Tangible assets

5

91,753

35,213

Investments

6

94,324

52,909

186,576

88,122

Current assets

Debtors

7

164,502

52,753

Cash at bank

86,136

70,348

250,638

123,101

Creditors

Amounts falling due within one year

8

(62,252

)

(59,098

)

Net current assets

188,386

64,003

Total assets less current liabilities

374,962

152,125

Creditors

Amounts falling due after more than one year

9

(73,684

)

-

Provisions for liabilities

(1,089

)

-

Net assets

300,189

152,125

Capital and reserves

Called up share capital

11

100

100

Fair value reserve

12

8,235

2,909

Retained earnings

291,854

149,116

Shareholders' funds

300,189

152,125

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 October 2025 and were signed by:

D Nunns - Director

1.	STATUTORY INFORMATION

Nottingham Gynaecology Ltd 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 as modified by the revaluation of certain assets.

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.

Intangibles are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

Cost

Additions

499

At 28 February 2025

499

Net book value

At 28 February 2025

499

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

Cost

At 1 March 2024

82,623

Additions

119,260

Disposals

(76,175

)

At 28 February 2025

125,708

Depreciation

At 1 March 2024

47,410

Charge for year

39,608

Eliminated on disposal

(53,063

)

At 28 February 2025

33,955

Net book value

At 28 February 2025

91,753

At 29 February 2024

35,213

6.	FIXED ASSET INVESTMENTS

Other

investments

£

Cost or valuation

At 1 March 2024

52,909

Additions

35,000

Revaluations

6,415

At 28 February 2025

94,324

Net book value

At 28 February 2025

94,324

At 29 February 2024

52,909

Cost or valuation at 28 February 2025 is represented by:

Other

investments

£

Valuation in 2025

94,324

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

50,000

50,000

Fixed asset investments were valued on an open market basis on 28 February 2025 by Novia and Meteor investments .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

84,710

30,305

Other debtors

79,792

22,448

164,502

52,753

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

14,777

43,549

Taxation and social security

45,125

13,574

Other creditors

2,350

1,975

62,252

59,098

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

73,684

-

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

88,461

43,549

Amounts owed under Hire Purchase contracts are secured against the asset to which they relate.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary £1

£1

100

100

12.

RESERVES

Fair value

reserve

£

At 1 March 2024

2,909

Investment fair value uplift

5,733

reserve

(407

)

At 28 February 2025

8,235

13.	OTHER FINANCIAL COMMITMENTS

The company has entered into a lease agreement for a Mini Cooper vehicle. As at the reporting date, the outstanding commitment under this lease is £11,624.

14.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

2025

2024

£

£

**UNKNOWN DIRECTOR 1**

Balance outstanding at start of year

20,523

89,228

Amounts advanced

74,538

21,607

Amounts repaid

(21,312

)

(90,312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

73,749

20,523

The overdrawn Director Loan Account was cleared in full after the year end, but before the date of these Reports.