REGISTERED NUMBER: 10817894 (England and Wales)

CLINICAL PROPERTY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P W Barrow

F M Barrow

REGISTERED OFFICE:

73 Clifton Road

Rugby

CV21 3QG

REGISTERED NUMBER:

10817894 (England and Wales)

ACCOUNTANTS:

Atkinson Finch & Co

Chartered Accountants

Central Chambers

45-47 Albert Street

Rugby

Warwickshire

CV21 2SG

FIXED ASSETS

Investment property

4

500,000

500,000

CURRENT ASSETS

Cash at bank

14,056

20,838

CREDITORS

Amounts falling due within one year

5

217,050

219,754

NET CURRENT LIABILITIES

(202,994

)

(198,916

)

TOTAL ASSETS LESS CURRENT LIABILITIES

297,006

301,084

CREDITORS

Amounts falling due after more than one year

6

(214,851

)

(234,851

)

PROVISIONS FOR LIABILITIES

(20,538

)

(16,557

)

NET ASSETS

61,617

49,676

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

65,074

65,074

Retained earnings

(3,459

)

(15,400

)

SHAREHOLDERS' FUNDS

61,617

49,676

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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5th December 2025 and were signed on its behalf by:

P W Barrow - Director

1.	STATUTORY INFORMATION

Clinical Property 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 as modified by the revaluation of certain assets.

Significant judgements and estimates

There are no significant judgements that have a material effect on the accounts nor any accounting estimates that have a high risk of causing a material adjustment in a future period.

Turnover

Turnover represents the value rent. The company is not registered for value added tax.

Investment property

Investment property is carried at fair value. Revaluation surpluses or deficits are recognised in the income statement. Deferred taxation is provided on these gains and the net of revaluation and deferred tax movement transferred to a fair value reserve.

Taxation

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

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

500,000

NET BOOK VALUE

At 31st March 2025

500,000

At 31st March 2024

500,000

Fair value at 31st March 2025 is represented by:

£

Valuation in 2020

36,765

Valuation in 2021

(11,765

)

Valuation in 2023

61,765

Cost

413,235

500,000

If the property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

413,235

413,235

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

183,170

146,972

Directors' current accounts

32,776

71,702

Accrued expenses

1,104

1,080

217,050

219,754

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

214,851

234,851

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans

214,851

234,851

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

214,851

234,851

The bank loan is secured over 1 Regent Place, Rugby, Warwickshire CV21 2PJ.