REGISTERED NUMBER: 06751199 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

M.K. SPINE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Manoj Khatri

Amla Manoj Khatri

REGISTERED OFFICE:

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

REGISTERED NUMBER:

06751199 (England and Wales)

ACCOUNTANTS:

Wallwork Nelson & Johnson

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Intangible assets

4

9,600

9,600

Tangible assets

5

26,595

32,568

Investments

6

2,000

2,000

38,195

44,168

CURRENT ASSETS

Debtors

7

47,598

46,822

Cash at bank

154,656

121,802

202,254

168,624

CREDITORS

Amounts falling due within one year

8

86,327

77,707

NET CURRENT ASSETS

115,927

90,917

TOTAL ASSETS LESS CURRENT LIABILITIES

154,122

135,085

CREDITORS

Amounts falling due after more than one year

9

(8,750

)

(20,416

)

PROVISIONS FOR LIABILITIES

(5,047

)

(6,180

)

NET ASSETS

140,325

108,489

CAPITAL AND RESERVES

Called up share capital

12

12

Retained earnings

140,313

108,477

SHAREHOLDERS' FUNDS

140,325

108,489

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 23 December 2025 and were signed on its behalf by:

Amla Manoj Khatri - Director

1.	STATUTORY INFORMATION

M.K. Spine 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 amounts receivable in respect of services provided during the year, excluding value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

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.

Investments

Fixed asset investments are stated at cost, unless impaired, in which case an appropriate adjustment is made.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

9,600

NET BOOK VALUE

At 31 March 2025

9,600

At 31 March 2024

9,600

5.	TANGIBLE FIXED ASSETS

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

57,415

483

57,898

Additions

-

2,670

2,670

At 31 March 2025

57,415

3,153

60,568

DEPRECIATION

At 1 April 2024

25,119

211

25,330

Charge for year

8,074

569

8,643

At 31 March 2025

33,193

780

33,973

NET BOOK VALUE

At 31 March 2025

24,222

2,373

26,595

At 31 March 2024

32,296

272

32,568

6.	FIXED ASSET INVESTMENTS

Interest

in other

participating

interests

£

COST

At 1 April 2024

and 31 March 2025

2,000

NET BOOK VALUE

At 31 March 2025

2,000

At 31 March 2024

2,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

23,763

23,699

Other debtors

23,835

23,123

47,598

46,822

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

11,666

11,666

Taxation and social security

70,793

59,727

Other creditors

3,868

6,314

86,327

77,707

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

8,750

20,416

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Manoj Khatri and Amla Manoj Khatri

Balance outstanding at start of year

(3,112

)

22,831

Amounts advanced

186,144

147,009

Amounts repaid

(183,703

)

(172,952

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(671

)

(3,112

)

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £173,500 (2024 - £63,500) were paid to the directors .

12.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors, M Khatri and A Khatri, by way of their majority shareholding in the company.