Silverfin false false 31/03/2025 01/04/2024 31/03/2025 James Richard Smith 02/08/2004 Dr Michael Keith Stafford 02/08/2004 23 January 2026 The principal activity for this company during the period was specialist medical practice activities. 05195252 2025-03-31 05195252 bus:Director1 2025-03-31 05195252 bus:Director2 2025-03-31 05195252 2024-03-31 05195252 core:CurrentFinancialInstruments 2025-03-31 05195252 core:CurrentFinancialInstruments 2024-03-31 05195252 core:Non-currentFinancialInstruments 2025-03-31 05195252 core:Non-currentFinancialInstruments 2024-03-31 05195252 core:ShareCapital 2025-03-31 05195252 core:ShareCapital 2024-03-31 05195252 core:RetainedEarningsAccumulatedLosses 2025-03-31 05195252 core:RetainedEarningsAccumulatedLosses 2024-03-31 05195252 core:OtherPropertyPlantEquipment 2024-03-31 05195252 core:OtherPropertyPlantEquipment 2025-03-31 05195252 core:OtherMembersGroupNotDefinedElsewhere core:CurrentFinancialInstruments 2025-03-31 05195252 core:OtherMembersGroupNotDefinedElsewhere core:CurrentFinancialInstruments 2024-03-31 05195252 bus:OrdinaryShareClass1 2025-03-31 05195252 2024-04-01 2025-03-31 05195252 bus:FilletedAccounts 2024-04-01 2025-03-31 05195252 bus:SmallEntities 2024-04-01 2025-03-31 05195252 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 05195252 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05195252 bus:Director1 2024-04-01 2025-03-31 05195252 bus:Director2 2024-04-01 2025-03-31 05195252 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 05195252 2023-04-01 2024-03-31 05195252 core:Non-currentFinancialInstruments 2024-04-01 2025-03-31 05195252 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 05195252 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 05195252 (England and Wales)

# 132 HARLEY STREET LIMITED

### Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

132 HARLEY STREET LIMITED

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

132 HARLEY STREET LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 31 March 2025
132 HARLEY STREET LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 17,243 |  | 21,554
|  | 17,243 |  | 21,554
Current assets |  |  |  |
Stocks | 5 | 9,602 |  | 9,502
Debtors | 6 | 430,564 |  | 364,670
|  | 440,166 |  | 374,172
Creditors: amounts falling due within one year | 7 | ( 667,424) |  | ( 492,810)
Net current liabilities |  | (227,258) |  | (118,638)
Total assets less current liabilities |  | (210,015) |  | (97,084)
Creditors: amounts falling due after more than one year | 8 | ( 175,283) |  | ( 154,862)
Net liabilities |  | ( 385,298) |  | ( 251,946)
Capital and reserves |  |  |  |
Called-up share capital | 9 | 111 |  | 111
Profit and loss account |  | ( 385,409 ) |  | ( 252,057 )
Total shareholders' deficit |  | ( 385,298) |  | ( 251,946)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of 132 Harley Street Limited (registered number: 05195252) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

James Richard Smith Director |

23 January 2026

132 HARLEY STREET LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
132 HARLEY STREET LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

132 Harley Street Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 132 Harley Street, London, W1G 7JX, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. | 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

#### 2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

#### 3. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the company during the year, including directors | 16 |  | 16

#### 4. Tangible assets

| Plant and machinery etc. |  | Total
| £ |  | £
Cost |  |  |
At 01 April 2024 | 214,521 |  | 214,521
At 31 March 2025 | 214,521 |  | 214,521
Accumulated depreciation |  |  |
At 01 April 2024 | 192,967 |  | 192,967
Charge for the financial year | 4,311 |  | 4,311
At 31 March 2025 | 197,278 |  | 197,278
Net book value |  |  |
At 31 March 2025 | 17,243 |  | 17,243
At 31 March 2024 | 21,554 |  | 21,554

#### 5. Stocks

| 2025 |  | 2024
| £ |  | £
Stocks | 9,602 |  | 9,502

#### 6. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 74,295 |  | 80,492
Other debtors | 356,269 |  | 284,178
| 430,564 |  | 364,670

#### 7. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans and overdrafts | 113,925 |  | 177,312
Trade creditors | 355,883 |  | 224,822
Amounts owed to connected persons | 700 |  | 4,880
Taxation and social security | 48,894 |  | 1,679
Other creditors | 148,022 |  | 84,117
| 667,424 |  | 492,810

#### 8. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 175,283 |  | 154,862

There are no amounts included above in respect of which any security has been given by the small entity.

#### 9. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
1,111 Ordinary shares of £ 0.10 each | 111 |  | 111