REGISTERED NUMBER: 04633263 (England and Wales)

LLOYD VADHER PENN CLINIC LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

Directors:

D A Lloyd

A Vadher

Registered office:

3rd Floor

86 - 90 Paul Street

London

EC2A 4NE

Registered number:

04633263 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

CUBO Birmingham

4th Floor

Two Chamberlain Square

Birmingham

West Midlands

B3 3AX

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

4,556

3,962

4,556

3,962

Current assets

Stocks

575

575

Debtors

6

9,782

2,950

Cash at bank and in hand

36,249

35,028

46,606

38,553

Creditors

Amounts falling due within one year

7

30,392

27,656

Net current assets

16,214

10,897

Total assets less current liabilities

20,770

14,859

Provisions for liabilities

895

991

Net assets

19,875

13,868

Capital and reserves

Called up share capital

60

60

Retained earnings

19,815

13,808

19,875

13,868

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

D A Lloyd - Director

A Vadher - Director

1.	Statutory information

Lloyd Vadher Penn Clinic 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 represents invoiced sale of goods/services.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of the business in 2003, has been fully amortised.

Tangible fixed assets

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

Short leasehold

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Stocks

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

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.

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.

3.	Employees and directors

The average number of employees during the year was 5 (2024 - 2 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 April 2024

and 31 March 2025

190,000

Amortisation

At 1 April 2024

and 31 March 2025

190,000

Net book value

At 31 March 2025

-

At 31 March 2024

-

5.	Tangible fixed assets

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

Totals

£

£

£

£

Cost

At 1 April 2024

2,815

19,563

14,232

36,610

Additions

-

-

1,527

1,527

At 31 March 2025

2,815

19,563

15,759

38,137

Depreciation

At 1 April 2024

1,607

19,470

11,571

32,648

Charge for year

282

23

628

933

At 31 March 2025

1,889

19,493

12,199

33,581

Net book value

At 31 March 2025

926

70

3,560

4,556

At 31 March 2024

1,208

93

2,661

3,962

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

400

400

Other debtors

4,380

2,550

Directors' current accounts

5,002

-

9,782

2,950

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

225

-

Tax

26,260

21,118

Social security and other taxes

81

164

Pension

105

143

Directors' current accounts

-

1,193

Accrued expenses

3,721

5,038

30,392

27,656