REGISTERED NUMBER: 07976882 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

KERSLEY EYE CLINIC LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms S M E Wren

Prof K S Lim

REGISTERED OFFICE:

42 Harley Street

London

W1G 9PR

REGISTERED NUMBER:

07976882 (England and Wales)

ACCOUNTANTS:

Streets Hackett Griffey LLP

Accountants & Business Advisers

31 High Street

Haverhill

Suffolk

CB9 8AD

FIXED ASSETS

Intangible assets

4

-

3,261

Tangible assets

5

81,827

75,214

81,827

78,475

CURRENT ASSETS

Debtors

6

345,053

437,999

Cash at bank and in hand

207,214

140,974

552,267

578,973

CREDITORS

Amounts falling due within one year

7

116,997

237,443

NET CURRENT ASSETS

435,270

341,530

TOTAL ASSETS LESS CURRENT LIABILITIES

517,097

420,005

CREDITORS

Amounts falling due after more than one year

8

(4,546

)

(22,727

)

PROVISIONS FOR LIABILITIES

(20,457

)

(18,804

)

NET ASSETS

492,094

378,474

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

491,994

378,374

SHAREHOLDERS' FUNDS

492,094

378,474

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:

Ms S M E Wren - Director

Prof K S Lim - Director

1.	STATUTORY INFORMATION

Kersley Eye Clinic Ltd 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 the amount derived from ordinary activities, stated after trade discounts, other sales taxes and net of VAT.

Goodwill

Goodwill, being the amounts paid in connection with the acquisition of businesses in 2012 and 2019, has been amortised over its estimated useful life of 10 years and 5 years respectively.

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.

Equipment

-

25% on cost

Motor vehicles

-

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

262,841

AMORTISATION

At 1 April 2024

259,580

Amortisation for year

3,261

At 31 March 2025

262,841

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

3,261

5.	TANGIBLE FIXED ASSETS

Motor

Equipment

vehicles

Totals

£

£

£

COST

At 1 April 2024

241,170

61,362

302,532

Additions

45,137

-

45,137

At 31 March 2025

286,307

61,362

347,669

DEPRECIATION

At 1 April 2024

173,219

54,099

227,318

Charge for year

32,978

5,546

38,524

At 31 March 2025

206,197

59,645

265,842

NET BOOK VALUE

At 31 March 2025

80,110

1,717

81,827

At 31 March 2024

67,951

7,263

75,214

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

54,165

142,463

Other debtors

290,888

295,536

345,053

437,999

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

18,182

18,182

Trade creditors

8,637

10,126

Taxation and social security

79,340

202,119

Other creditors

10,838

7,016

116,997

237,443

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

4,546

22,727

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

22,728

40,909

Bank borrowings are secured by a fixed and floating charge over the assets of the company.

10.	OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the balance sheet date of £190,800 (2024: £270,800).