REGISTERED NUMBER: 04133176 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SOUTH WEST THAMES INSTITUTE

FOR RENAL RESEARCH

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

RH Sammons

MR Bending

M E C Dockrell

Dr M Phanish

Professor R G Price

S Simper

Dr S L Hyer

Professor D L Baines

REGISTERED OFFICE:

The Renal Unit

St Helier Hospital

Wrythe Lane

Carshalton

Surrey

SM5 1AA

REGISTERED NUMBER:

04133176 (England and Wales)

ACCOUNTANTS:

GBJ Financial Limited

Sterling House

27 Hatchlands Road

Redhill

Surrey

RH1 6RW

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

9,510

9,510

9,510

9,510

CURRENT ASSETS

Debtors

6

15,536

12,865

Cash at bank

104,278

70,920

119,814

83,785

CREDITORS

Amounts falling due within one year

7

19,426

26,679

NET CURRENT ASSETS

100,388

57,106

TOTAL ASSETS LESS CURRENT LIABILITIES

109,898

66,616

RESERVES

Income and expenditure account

109,898

66,616

109,898

66,616

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 surplus or deficit 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:

Dr M Phanish - Director

1.	STATUTORY INFORMATION

South West Thames Institute for Renal Research is a private company, limited by guarantee , 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 comprises net amounts invoiced in respect of research contracts (excluding value added tax) together with voluntary income from donations and grants received or due in relation to expenses incurred in the year. Any amounts received in advance are carried forward as deferred income to the following year.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

265,601

17,819

283,420

DEPRECIATION

At 1 April 2024

and 31 March 2025

265,601

17,819

283,420

NET BOOK VALUE

At 31 March 2025

-

-

-

At 31 March 2024

-

-

-

5.	FIXED ASSET INVESTMENTS

Other

investment

£

COST

At 1 April 2024

and 31 March 2025

9,510

NET BOOK VALUE

At 31 March 2025

9,510

At 31 March 2024

9,510

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

15,536

12,865

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

4,175

13,786

Taxation and social security

8,657

-

Other creditors

6,594

12,893

19,426

26,679

8.	LIMITED BY GUARANTEE

South West Thames Institute for Renal Research is a non-profit making company limited by guarantee and has no share capital.