London Hip & Knee LTD - Filleted accounts

London Hip & Knee LTD
Registered number:		08861022
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		53,528			66,680

Current assets
Debtors	4	1,742,119			1,430,486
Cash at bank and in hand		245,252			75,415
		1,987,371			1,505,901

Creditors: amounts falling due within one year	5	(312,681)			(201,751)

Net current assets			1,674,690			1,304,150

Net assets			1,728,218			1,370,830

Capital and reserves
Called up share capital			100			100
Profit and loss account			1,728,118			1,370,730

Shareholders' funds			1,728,218			1,370,830

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Timothy Simon Waters
Director
Approved by the board on 30 December 2025

London Hip & Knee LTD
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	8,397		162,790		171,187
	Additions	229		-		229
	At 31 March 2025	8,626		162,790		171,416

	Depreciation
	At 1 April 2024	5,579		98,928		104,507
	Charge for the year	609		12,772		13,381
	At 31 March 2025	6,188		111,700		117,888

	Net book value
	At 31 March 2025	2,438		51,090		53,528
	At 31 March 2024	2,818		63,862		66,680


4	Debtors			2025		2024
£					£

	Trade debtors			66,993		86,237
	Amounts owed by group undertakings and undertakings in which the company has a participating interest			957,591		1,007,591
	ACT Recoverable			181,060		45,839
	Other debtors			536,475		290,819
				1,742,119		1,430,486


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Accruals			11,230		14,220
	Corporation tax			289,113		181,738
	Taxation and social security costs			12,338		5,793
				312,681		201,751


6	Other information

	London Hip & Knee LTD is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 4, Stirling Court Yard
	Stirling Way
	Borehamwood
	Herts
	WD6 2FX