Company No: 12615761 (England)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	26,471		0
Tangible assets	4	157,351		107,492
		183,822		107,492
Current assets
Debtors	5	41,270		17,623
Cash at bank and in hand		931,334		1,048,953
		972,604		1,066,576
Creditors: amounts falling due within one year	6	( 809,722)		( 824,803)
Net current assets		162,882		241,773
Total assets less current liabilities		346,704		349,265
Provision for liabilities		( 24,669)		( 11,720)
Net assets		322,035		337,545
Capital and reserves
Called-up share capital	7	3		3
Profit and loss account		322,032		337,542
Total shareholders' funds		322,035		337,545

For the financial year ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Berkeley Psychiatrists Limited (registered number: 12615761) were approved and authorised for issue by the Board of Directors on 04 December 2025. They were signed on its behalf by:

Dr H De Waal Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Berkeley Psychiatrists Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Francis Clark Llp Melville Building East, Unit 18, 23 Royal William Yard, Plymouth, United Kingdom, PL1 3GW.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Turnover

Revenue from services is recognised as they are delivered and when all the following conditions are satisfied: (a) the amount of revenue can be measured reliably; (b) it is probable that the economic benefits associated with the transaction will flow to the entity; and (c) the costs incurred for the transaction and the costs to complete the transaction can be measured reliably.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Trademarks, patents and licences

5 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Land and buildings	20 years straight line
Office equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	5		7

3. Intangible assets

	Trademarks, patents and licences		Total
	£		£
Cost
At 01 June 2024	0		0
Additions	29,923		29,923
At 31 May 2025	29,923		29,923
Accumulated amortisation
At 01 June 2024	0		0
Charge for the financial year	3,452		3,452
At 31 May 2025	3,452		3,452
Net book value
At 31 May 2025	26,471		26,471
At 31 May 2024	0		0

4. Tangible assets

	Land and buildings		Office equipment		Total
	£		£		£
Cost
At 01 June 2024	62,157		72,226		134,383
Additions	0		94,089		94,089
At 31 May 2025	62,157		166,315		228,472
Accumulated depreciation
At 01 June 2024	1,813		25,078		26,891
Charge for the financial year	12,431		31,799		44,230
At 31 May 2025	14,244		56,877		71,121
Net book value
At 31 May 2025	47,913		109,438		157,351
At 31 May 2024	60,344		47,148		107,492

5. Debtors

	2025		2024
	£		£
Other debtors	41,270		17,623

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	10,100		0
Taxation and social security	583,391		523,290
Other creditors	216,231		301,513
	809,722		824,803

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
15 Ordinary A shares of £ 0.10 each	1.50		1.50
15 Ordinary B shares of £ 0.10 each	1.50		1.50
	3.00		3.00

8. Related party transactions

Transactions with the entity's directors

	2025		2024
	£		£
Brought forward	(62,746)		39,604
Advances	1,824,388		658,725
Repayments	(1,754,284)		(761,075)
Carried forward	7,358		(62,746)

During the year interest at a rate of 2.25% was charged on this and the balance is payable on demand.