REGISTERED NUMBER: 10726800 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SANO PHYSIOTHERAPY 2017 LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Paul Aaron Betts

Mr Matthew Richard Taylor

Mr Robin Neil Womersley

REGISTERED OFFICE:

42 Lidget Hill

Pudsey

LS28 7DR

REGISTERED NUMBER:

10726800 (England and Wales)

ACCOUNTANTS:

Syers McGill

9 Kerry Street

Horsforth

Leeds

West Yorkshire

LS18 4AW

FIXED ASSETS

Investments

4

1,483,618

1,483,618

CURRENT ASSETS

Debtors

5

1,483,997

1,551,282

Cash at bank

1,484

1,484

1,485,481

1,552,766

CREDITORS

Amounts falling due within one year

6

3,412

5,613

NET CURRENT ASSETS

1,482,069

1,547,153

TOTAL ASSETS LESS CURRENT LIABILITIES

2,965,687

3,030,771

CREDITORS

Amounts falling due after more than one year

7

2,215,687

2,280,771

NET ASSETS

750,000

750,000

CAPITAL AND RESERVES

Called up share capital

6,250

6,250

Share premium

9

743,750

743,750

SHAREHOLDERS' FUNDS

750,000

750,000

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 18 December 2025 and were signed on its behalf by:

Mr Matthew Richard Taylor - Director

1.	STATUTORY INFORMATION

Sano Physiotherapy 2017 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 3 (2024 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 April 2024

and 31 March 2025

1,483,618

NET BOOK VALUE

At 31 March 2025

1,483,618

At 31 March 2024

1,483,618

On 12 July 2017 the company acquired 100% of the share capital of Sano Physiotherapy Ltd at a cost of £1,483,618.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed by group undertakings

1,476,122

1,539,907

Prepayments and accrued income

7,875

11,375

1,483,997

1,551,282

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Tax

2,524

4,725

Accrued expenses

888

888

3,412

5,613

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Loan notes more 5yrs non-inst

2,215,687

2,280,771

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Loan notes more 5yrs non-inst

2,215,687

2,280,771

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Loan notes

1,329,412

1,368,462

The loan notes are secured by way of fixed and floating charges over the assets of the company and the assets of its wholly owned subsidiary, Sano Physiotherapy Ltd.

9.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 April 2024

-

743,750

743,750

Profit for the year

89,809

89,809

Dividends

(89,809

)

(89,809

)

At 31 March 2025

-

743,750

743,750

10.	RELATED PARTY DISCLOSURES

Sano Physiotherapy Ltd is a wholly owned subsidiary of the company.

During the period the company invoiced Sano Physiotherapy Ltd £16,800 (2024: £16,800) in respect of management charges. At 31 March 2025 Sano Physiotherapy Ltd owed the company £1,476,122 (2024: £1,539,907).