REGISTERED NUMBER: 10368325 (England and Wales)

Foot & Ankle Specialist Limited

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs K Clark

C I M Clark

REGISTERED OFFICE:

13 Vansittart Estate

Windsor

Berkshire

SL4 1SE

REGISTERED NUMBER:

10368325 (England and Wales)

ACCOUNTANTS:

Cottrill Mason Ltd

13 Vansittart Estate

Windsor

Berkshire

SL4 1SE

FIXED ASSETS

Tangible assets

4

8,941

16,959

CURRENT ASSETS

Debtors

5

224,199

72,630

Cash at bank and in hand

56,391

98,832

280,590

171,462

CREDITORS

Amounts falling due within one year

6

(80,864

)

(98,234

)

NET CURRENT ASSETS

199,726

73,228

TOTAL ASSETS LESS CURRENT LIABILITIES

208,667

90,187

CREDITORS

Amounts falling due after more than one year

7

(1,738

)

(12,970

)

PROVISIONS FOR LIABILITIES

(5,460

)

(5,460

)

NET ASSETS

201,469

71,757

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

201,367

71,655

201,469

71,757

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 Board of Directors and authorised for issue on 25 November 2025 and were signed on its behalf by:

C I M Clark - Director

1.	STATUTORY INFORMATION

Foot & Ankle Specialist 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.

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.

Plant and machinery etc

-

33% on cost and 20% 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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 3 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

470

57,490

12,855

70,815

DEPRECIATION

At 1 April 2024

470

43,847

9,539

53,856

Charge for year

-

7,355

663

8,018

At 31 March 2025

470

51,202

10,202

61,874

NET BOOK VALUE

At 31 March 2025

-

6,288

2,653

8,941

At 31 March 2024

-

13,643

3,316

16,959

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

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

65,379

DEPRECIATION

At 1 April 2024

37,968

Charge for year

6,852

At 31 March 2025

44,820

NET BOOK VALUE

At 31 March 2025

20,559

At 31 March 2024

27,411

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

110,996

60,918

Amounts owed by associates

1,437

391

Other debtors

111,766

11,321

224,199

72,630

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

11,232

11,232

Hire purchase contracts

-

4,231

Trade creditors

4,707

4,707

Amounts owed to associates

1,025

1,425

Taxation and social security

48,569

66,644

Other creditors

15,331

9,995

80,864

98,234

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,738

12,970

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 March 2025 and the period ended 31 March 2024:

31.3.25

31.3.24

£

£

C I M Clark and Mrs K Clark

Balance outstanding at start of year

-

-

Amounts advanced

100,000

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

100,000

-

9.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed 1,025 [2024: £1,025] to Windsor Foot & Ankle Clinic Ltd a company in which Mr C I M Clark holds 50% of the issued share capital.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is C I M Clark.