NEW RIVER HEALTH LIMITED


Directors	FLETCHER, Ian Harris, Dr
	NOLAN WORNELL, Frances, Dr
	NOOR, Rizwana, Dr
	PATEL, Sanjay, Dr
	STERN, Glenn, Dr


Company Secretary	PATEL, Sanjay, Dr


Registered Address	Ramsay Brown Llp The Brentano Suite
	Solar House, 915 High Road
	North Finchley
	N12 8QJ


Registered Number	06938232 (England and Wales)

Balance Sheet as at
5 April 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		33,330		49,997
Tangible assets	4		569,040		19,580
			602,370		69,577
Current assets
Stocks	5	135,000		134,197
Debtors	6	519,568		361,666
Cash at bank and on hand		290,373		890,619
		944,941		1,386,482
Creditors amounts falling due within one year	7	(693,402)		(259,107)
Net current assets (liabilities)			251,539		1,127,375
Total assets less current liabilities			853,909		1,196,952
Net assets			853,909		1,196,952
Capital and reserves
Called up share capital			8,500		8,500
Profit and loss account			845,409		1,188,452
Shareholders' funds			853,909		1,196,952

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 26 November 2025, and are signed on its behalf by:

PATEL, Sanjay, Dr
Director
Registered Company No. 06938232

NEW RIVER HEALTH LIMITED

Notes to the Financial Statements
for the year ended 5 April 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.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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.

	Operating leases
	Where, substantially, all the risks and rewards of ownership of the asset do not transfer from the lessor to the company, the lease is treated as an operating lease. Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	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.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Intangible assets
	Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Patents Lloyds Pharmacy License is stated at cost less accumulated depreciation and any accumulated impairment losses. It is amortised on a straightline method at 6.66%. If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new expectations.

Intangible assets

Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.

Patents
Lloyds Pharmacy License is stated at cost less accumulated depreciation and any accumulated impairment losses. It is amortised on a straightline method at 6.66%. If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new expectations.

	Tangible fixed assets and depreciation
	Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straightline method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Tangible fixed assets and depreciation

Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straightline method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as
follows:


	Reducing balance (%)	Straight line (years)
Fixtures and fittings	15	-
Office Equipment	-	25

	Stocks and work in progress
	Stocks are measured at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	12		11

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 06 April 24	250,000	250,000
At 05 April 25	250,000	250,000
Amortisation and impairment
At 06 April 24	200,003	200,003
Charge for year	16,667	16,667
At 05 April 25	216,670	216,670
Net book value
At 05 April 25	33,330	33,330
At 05 April 24	49,997	49,997

4.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 06 April 24	-	191,566	5,882	197,448
Additions	551,450	-	1,151	552,601
At 05 April 25	551,450	191,566	7,033	750,049
Depreciation and impairment
At 06 April 24	-	172,450	5,418	177,868
Charge for year	-	2,867	274	3,141
At 05 April 25	-	175,317	5,692	181,009
Net book value
At 05 April 25	551,450	16,249	1,341	569,040
At 05 April 24	-	19,116	464	19,580

5.	Stocks

	2025	2024
	£	£
Raw materials and consumables	135,000	134,197
Total	135,000	134,197

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	358,713	169,460
Other debtors	154,503	183,706
Called up share capital not paid, current asset	-	8,500
Prepayments and accrued income	6,352	-
Total	519,568	361,666

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	525,597	139,990
Taxation and social security	-	116,210
Payments received on account	164,725	-
Accrued liabilities and deferred income	3,080	2,907
Total	693,402	259,107

8.	Related party transactions
	As at the year end, the company was owed by Green Lanes Medical LLP £Nil (2024: £125,000), a partnership in which the directors of the company are members. Interest is chargeable at 3.1% per annum.

9.	Controlling party
	The company was controlled throughout the year by its directors.