The Foot and Health Clinic LLP

REGISTERED NUMBER: OC438943 (England and Wales)

REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE FOOT AND HEALTH CLINIC LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DESIGNATED MEMBERS:

S M Harris

M A Harris

REGISTERED OFFICE:

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

REGISTERED NUMBER:

OC438943 (England and Wales)

ACCOUNTANTS:

Ashdown Hurrey

Chartered Accountants & Business Advisers

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of Podiatry services.

DESIGNATED MEMBERS

The designated members during the year under review were:

S M Harris

M A Harris

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £43,631 (2024 - £32,715 profit).

The profit allocation is an equal split to the members.

MEMBERS' INTERESTS

The members' interest are disclosed in the notes to the financial statements.

ON BEHALF OF THE MEMBERS:

M A Harris - Designated member

29 December 2025

TURNOVER

125,685

110,903

Cost of sales

(6,807

)

(9,691

)

GROSS PROFIT

118,878

101,212

Administrative expenses

(74,506

)

(67,932

)

OPERATING PROFIT

4

44,372

33,280

Interest payable and similar expenses

(741

)

(565

)

PROFIT FOR THE FINANCIAL YEAR BEFORE
MEMBERS' REMUNERATION AND PROFIT
SHARES AVAILABLE FOR DISCRETIONARY
DIVISION AMONG MEMBERS

43,631

32,715

FIXED ASSETS

Tangible assets

5

11,066

5,286

CURRENT ASSETS

Stocks

1,000

-

Debtors

-

3,449

Cash at bank

9,030

5,118

10,030

8,567

CREDITORS

Amounts falling due within one year

6

7,220

7,650

NET CURRENT ASSETS

2,810

917

TOTAL ASSETS LESS CURRENT LIABILITIES

13,876

6,203

CREDITORS

Amounts falling due after more than one year

7

1,467

6,203

NET ASSETS ATTRIBUTABLE TO MEMBERS

12,409

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

12,409

-

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

12,409

-

Amounts due from members

-

(3,449

)

12,409

(3,449

)

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 29 December 2025 and were signed by:

M A Harris - Designated member

1.	STATUTORY INFORMATION

The Foot and Health Clinic LLP 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.

The members have made an assessment and do not consider there to be any material uncertainties about the ability of the business to continue as a going concern. As a result they have adopted the going concern basis of accounting.

Turnover

Turnover represents the net invoiced sale of podiatry services, excluding value added tax. Turnover is recognised when the rights to consideration becomes due.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

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

Allocation of profits and drawings

The allocation of profits to those who were members during the year is made by unanimous vote of the Designated Members.

During the year, members draw sums as agreed by the Designated Members, taking in to account the partnership's cash requirements for operating.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2024 - 2 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.25

31.3.24

£

Depreciation - owned assets

3,820

1,847

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 April 2024

10,290

420

399

11,109

Additions

9,600

-

9,600

At 31 March 2025

19,890

420

399

20,709

DEPRECIATION

At 1 April 2024

5,342

218

263

5,823

Charge for year

3,637

51

132

3,820

At 31 March 2025

8,979

269

395

9,643

NET BOOK VALUE

At 31 March 2025

10,911

151

4

11,066

At 31 March 2024

4,948

202

136

5,286

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts (see note 8)

3,000

Hire purchase contracts

1,908

Social security and other taxes

44

232

Accrued expenses

2,268

2,510

7,220

7,650

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

Bank loans (see note 8)

672

3,500

Hire purchase contracts

795

2,703

1,467

6,203

8.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

Amounts falling due within one year or on demand:

Bank loans - less than 1 yr

3,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

672

3,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

500

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

At the balance sheet date a combined total of £12,409 was owed to its members.

This loan amount had no terms attached and no interest due.

10.	RELATED PARTY DISCLOSURES

During the reporting period, the partners introduced capital to the entity in order to purchase equipment.

This loan is to be repaid to the partners accounts over 22 months at a commercial interest rate of 5.85%.

No interest charge was incurred in the reporting year as repayments have not yet commenced.