REGISTERED NUMBER: 05383176 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

Phil Bolton Anaesthetic Services Ltd

Page

Chartered Certified Accountants' Report

1

Balance Sheet

2

Notes to the Financial Statements

3

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Phil Bolton Anaesthetic Services Ltd for the year ended 31st March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of Phil Bolton Anaesthetic Services Ltd in accordance with the terms of our engagement letter dated 11th June 2019. Our work has been undertaken solely to prepare for your approval the financial statements of Phil Bolton Anaesthetic Services Ltd and state those matters that we have agreed to state to the director of Phil Bolton Anaesthetic Services Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Phil Bolton Anaesthetic Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Phil Bolton Anaesthetic Services Ltd. You consider that Phil Bolton Anaesthetic Services Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Phil Bolton Anaesthetic Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Veritas Accountants & Advisory Limited

The Lexicon

Mount Street

Manchester

M2 5NT

11th November 2025

FIXED ASSETS

Tangible assets

4

22,655

31,230

CURRENT ASSETS

Debtors

5

576

4,107

Cash at bank

98,712

46,156

99,288

50,263

CREDITORS

Amounts falling due within one year

6

39,407

14,450

NET CURRENT ASSETS

59,881

35,813

TOTAL ASSETS LESS CURRENT LIABILITIES

82,536

67,043

PROVISIONS FOR LIABILITIES

4,305

5,934

NET ASSETS

78,231

61,109

CAPITAL AND RESERVES

Called up share capital

7

103

103

Retained earnings

78,128

61,006

SHAREHOLDERS' FUNDS

78,231

61,109

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 11th November 2025 and were signed by:

Dr P Bolton - Director

1.	COMPANY INFORMATION

Phil Bolton Anaesthetic Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05383176

Registered office:

The Lexicon

Mount Street

Manchester

M2 5NT

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Revenue from the provision of professional services is recognised on delivery of the service.

Tangible fixed assets

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

Tangible Fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment loss.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

Fixtures and Fittings - 25% on cost

Motor Vehicle - 20% Reducing Balance Method

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit or loss.

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.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1st April 2024

1,658

52,050

-

53,708

Additions

-

-

2,447

2,447

At 31st March 2025

1,658

52,050

2,447

56,155

DEPRECIATION

At 1st April 2024

1,658

20,820

-

22,478

Charge for year

-

10,410

612

11,022

At 31st March 2025

1,658

31,230

612

33,500

NET BOOK VALUE

At 31st March 2025

-

20,820

1,835

22,655

At 31st March 2024

-

31,230

-

31,230

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

2,742

Other debtors

576

576

Directors' current accounts

-

789

576

4,107

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Corporation tax

14,209

14,450

Directors' current accounts

24,494

-

Accrued expenses

704

-

39,407

14,450

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

60

Ordinary A

£1

60

60

40

Ordinary B

£1

40

40

2

Ordinary C

£1

2

2

1

Ordinary D

£1

1

1

103

103

The Ordinary A shares rank equally in terms of voting rights, rights to participate in all dividend distributions and rights to participate in any capital distribution on winding up.

The Ordinary B shares, Ordinary C shares and Ordinary D shares do not hold any voting rights and dividend rights are at the discretion of the Ordinary A shareholders.

The A, B, C and D shares rank pari passu in respect of capital distribution rights.

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2025 and 31st March 2024:

31.3.25

31.3.24

£

£

Dr P Bolton

Balance outstanding at start of year

789

(16,439

)

Amounts advanced

35,718

58,284

Amounts repaid

(61,001

)

(41,056

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(24,494

)

789

The loan is repayable on demand and no interest was charged during the year.

9.

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