REGISTERED NUMBER: OC380157 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Old Orchard Clinic Limited

Liability Partnership

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

E J A Dixon

Mrs V J Dixon

REGISTERED OFFICE:

3 Old Orchard Road

Eastbourne

BN21 1DB

REGISTERED NUMBER:

OC380157 (England and Wales)

ACCOUNTANTS:

APT

44 The Pantiles

Tunbridge Wells

Kent

TN2 5TN

FIXED ASSETS

Intangible assets

4

110,000

137,500

Tangible assets

5

1,219,325

1,220,767

1,329,325

1,358,267

CURRENT ASSETS

Stocks

9,500

9,500

Debtors

377,989

334,412

Cash at bank and in hand

58

18,598

387,547

362,510

CREDITORS

Amounts falling due within one year

6

11,870

17,701

NET CURRENT ASSETS

375,677

344,809

TOTAL ASSETS LESS CURRENT LIABILITIES

1,705,002

1,703,076

CREDITORS

Amounts falling due after more than one year

7

2,500

12,500

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,702,502

1,690,576

LOANS AND OTHER DEBTS DUE TO MEMBERS

11,926

-

MEMBERS' OTHER INTERESTS

Capital accounts

1,690,576

1,690,576

1,702,502

1,690,576

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

11,926

-

Members' other interests

1,690,576

1,690,576

Amounts due from members

(377,989

)

(334,412

)

1,324,513

1,356,164

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 22 December 2025 and were signed by:

E J A Dixon - Designated member

1.	STATUTORY INFORMATION

Old Orchard Clinic Limited Liability Partnership is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The functional and presentational currency of the LLP is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

Going concern

After reviewing the LLP's forecasts and projections, the members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future. The LLP therefore continues to adopt the going concern basis in preparing its financial statements.

Significant judgements and estimates

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

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

-

25% on reducing balance

Depreciation of £nil has been charged on the land & buildings held by the LLP as the members consider that the net realisable value is at least equal to the valuation.

Stocks

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

Debtors and creditors receivable/payable in one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

Provision for liabilities

Provisions are recognised when the LLP has a present obligation (legal or constructive) as a result of a past event, it is probable that the LLP will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value using a pre-tax discount rate. The unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

3.	EMPLOYEE INFORMATION

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

1,275,000

AMORTISATION

At 1 April 2024

1,137,500

Charge for year

27,500

At 31 March 2025

1,165,000

NET BOOK VALUE

At 31 March 2025

110,000

At 31 March 2024

137,500

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

1,215,000

25,000

1,240,000

DEPRECIATION

At 1 April 2024

-

19,233

19,233

Charge for year

-

1,442

1,442

At 31 March 2025

-

20,675

20,675

NET BOOK VALUE

At 31 March 2025

1,215,000

4,325

1,219,325

At 31 March 2024

1,215,000

5,767

1,220,767

Cost or valuation at 31 March 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2023

781,825

-

781,825

Cost

433,175

25,000

458,175

1,215,000

25,000

1,240,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,143

10,000

Trade creditors

-

7,701

Other creditors

1,727

-

11,870

17,701

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

2,500

12,500