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Registration number: 12977204

Teesside Podiatry Clinic Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 31 October 2025

Teesside Podiatry Clinic Ltd

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 8

Teesside Podiatry Clinic Ltd

(Registration number: 12977204)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 5 | 3,511 | 5,971
Tangible assets | 6 | 25,447 | 26,717
|  | 28,958 | 32,688
Current assets |  |  |
Stocks | 7 | 2,200 | 2,200
Debtors | 8 | 2,918 | 2,918
Cash at bank and in hand |  | 18,869 | 6,632
|  | 23,987 | 11,750
Creditors: Amounts falling due within one year | 9 | (27,530) | (24,715)
Net current liabilities |  | (3,543) | (12,965)
Total assets less current liabilities |  | 25,415 | 19,723
Provisions for liabilities |  | (4,835) | (5,076)
Net assets |  | 20,580 | 14,647
Capital and reserves |  |  |
Called up share capital | 10 | 20 | 4
Retained earnings |  | 20,560 | 14,643
Shareholders' funds |  | 20,580 | 14,647

For the financial year ending 31 October 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 9 March 2026 and signed on its behalf by:

Teesside Podiatry Clinic Ltd

(Registration number: 12977204)
Balance Sheet as at 31 October 2025

Mr A Ferguson Director | Mrs S Ferguson Director |

Teesside Podiatry Clinic Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Parkhill Studio
Walton Road
Wetherby
West Yorkshire
LS22 5DZ
England

These financial statements were authorised for issue by the Board on 9 March 2026.

2 | Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Teesside Podiatry Clinic Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant & equipment | Straight line 20.00%
Office & computer equipment | Straight line 33.33%
Motor vehicles | Straight line 25.00%

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | Straight line 20.00%

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Teesside Podiatry Clinic Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4 | Profit before tax

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | 12,474 | 11,570
Amortisation expense | 2,460 | 2,460

Teesside Podiatry Clinic Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

5 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 November 2024 | 12,300 | 12,300
At 31 October 2025 | 12,300 | 12,300
Amortisation
At 1 November 2024 | 6,329 | 6,329
Amortisation charge | 2,460 | 2,460
At 31 October 2025 | 8,789 | 8,789
Carrying amount
At 31 October 2025 | 3,511 | 3,511
At 31 October 2024 | 5,971 | 5,971

6 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 November 2024 | 10,309 | 9,000 | 32,467 | 51,776
Additions | 3,704 | - | 7,500 | 11,204
At 31 October 2025 | 14,013 | 9,000 | 39,967 | 62,980
Depreciation
At 1 November 2024 | 7,148 | 1,688 | 16,223 | 25,059
Charge for the year | 2,773 | 2,250 | 7,451 | 12,474
At 31 October 2025 | 9,921 | 3,938 | 23,674 | 37,533
Carrying amount
At 31 October 2025 | 4,092 | 5,062 | 16,293 | 25,447
At 31 October 2024 | 3,161 | 7,312 | 16,244 | 26,717

Teesside Podiatry Clinic Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

7 | Stocks

| 2025 £ | 2024 £
Other inventories | 2,200 | 2,200

8 | Debtors

Current | 2025 £ | 2024 £
Prepayments | 1,168 | 1,168
Other debtors | 1,750 | 1,750
| 2,918 | 2,918

9 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings |  | 15,073 | 16,899
Taxation and social security |  | 8,774 | 7,636
Accruals and deferred income |  | 180 | 180
Other creditors |  | 3,503 | -
|  | 27,530 | 24,715

Teesside Podiatry Clinic Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

10 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 10 | 10 | 2 | 2
A Ordinary shares of £1 each | 8 | 8 | 1 | 1
B Ordinary shares of £1 each | 2 | 2 | 1 | 1
| 20 | 20 | 4 | 4