REGISTERED NUMBER: 08502427 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

Cannon Hill Clinic Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr A Zeinali

SECRETARY:

H Mesgarzadeh

REGISTERED OFFICE:

16 Cannon Hill

Southgate

London

N14 7HD

REGISTERED NUMBER:

08502427 (England and Wales)

ACCOUNTANTS:

NCCS Associates Limited

88 Lichfield Grove

Finchley

London

N3 2JN

FIXED ASSETS

Intangible assets

4

110,024

78,627

Tangible assets

5

83,392

84,996

193,416

163,623

CURRENT ASSETS

Debtors

6

303,665

332,378

Cash at bank

21,687

19,040

325,352

351,418

CREDITORS

Amounts falling due within one year

7

145,305

151,242

NET CURRENT ASSETS

180,047

200,176

TOTAL ASSETS LESS CURRENT LIABILITIES

373,463

363,799

CREDITORS

Amounts falling due after more than one year

8

(344,151

)

(360,744

)

PROVISIONS FOR LIABILITIES

(18,970

)

(22,524

)

NET ASSETS/(LIABILITIES)

10,342

(19,469

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9

10,242

(19,569

)

10,342

(19,469

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 31st December 2025 and were signed by:

Dr A Zeinali - Director

1.	STATUTORY INFORMATION

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty years.

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.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

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.

Transition to frs 102 (section 1a)

The company previously prepared its financial statements in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

The transition to FRS 102 has resulted in the recognition of deferred taxation of £22,524 which was not recognised under FRS 105. The cumulative effect of this change has been recognised in opening retained earnings at the date of transition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1st April 2024

174,726

-

174,726

Additions

-

50,166

50,166

At 31st March 2025

174,726

50,166

224,892

AMORTISATION

At 1st April 2024

96,099

-

96,099

Charge for year

8,736

10,033

18,769

At 31st March 2025

104,835

10,033

114,868

NET BOOK VALUE

At 31st March 2025

69,891

40,133

110,024

At 31st March 2024

78,627

-

78,627

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st April 2024

18,475

145,361

163,836

Additions

-

24,654

24,654

At 31st March 2025

18,475

170,015

188,490

DEPRECIATION

At 1st April 2024

10,161

68,679

78,840

Charge for year

924

25,334

26,258

At 31st March 2025

11,085

94,013

105,098

NET BOOK VALUE

At 31st March 2025

7,390

76,002

83,392

At 31st March 2024

8,314

76,682

84,996

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

303,665

332,378

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

16,926

16,926

Hire purchase contracts

12,274

10,334

Trade creditors

9,307

12,125

Taxation and social security

93,927

97,279

Other creditors

12,871

14,578

145,305

151,242

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

308,807

322,503

Hire purchase contracts

35,344

38,241

344,151

360,744

9.

RESERVES

Retained earnings

31.3.24

£

Retained earnings under FRS 105

2,955

Adjustment on transition to FRS 102 (deferred tax)

(22,524

)

Retained earnings

(19,569

)

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

£

Dr A Zeinali

Balance outstanding at start of year

179,293

109,930

Amounts advanced

-

69,363

Amounts repaid

(28,715

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

150,578

179,293

The director paid at arm's length interest of £3,670 (2024 - £3,218) at the official rate of interest of 2.25% to the company on the overdrawn director's loan account.