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Registration number: 08117220

The Knee Clinic Ltd Unaudited Financial Statements for the Year Ended 30 June 2025
Brebners Chartered Accountants 1 Suffolk Way Sevenoaks Kent TN13 1YL

The Knee Clinic Ltd

Statement of Financial Position as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 11,702 | 8,941
Current assets |  |  |
Debtors | 5 | 58,975 | 65,289
Cash at bank and in hand |  | 295,924 | 287,452
|  | 354,899 | 352,741
Creditors: Amounts falling due within one year | 6 | (230,342) | (210,746)
Net current assets |  | 124,557 | 141,995
Total assets less current liabilities |  | 136,259 | 150,936
Provisions for liabilities |  | (1,710) | -
Net assets |  | 134,549 | 150,936
Capital and reserves |  |  |
Called up share capital |  | 190 | 190
Retained earnings |  | 134,359 | 150,746
Shareholders' funds |  | 134,549 | 150,936

For the financial year ending 30 June 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’.

The directors of The Knee Clinic Ltd have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

The Knee Clinic Ltd

Statement of Financial Position as at 30 June 2025

Approved and authorised by the Board on 1 April 2026 and signed on its behalf by:

.........................................

Mr P A Gibb

Director

Company registration number: 08117220

The Knee Clinic Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1 Suffolk Way
Sevenoaks
Kent
TN13 1YL

The principal activity of the company is that of the provision of orthopaedic consultancy.

2 | Accounting policies

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Going concern

The company made a profit for the year ended 30 June 2025 and had net assets of £134,549 including cash at bank of £295,924 at that date.The company has continued to trade profitably subsequent to 30 June 2025.
After making enquiries, the director has a reasonable expectation that the company has adequate resources to
continue in operational existence for the foreseeable future. Accordingly the director has adopted the going
concern basis for the preparation of these financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for provision of services in the ordinary course of the company's activities. Turnover is shown net of rebates and discounts.
The company recognises revenue on the date that consultations take place. Non-refundable deposits are recognised on the date of receipt.

Tax

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

The Knee Clinic Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

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.

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 statement of financial position 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
Furniture, fittings and equipment | Over 4 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company during the year was 3 (2024 - 3).

The Knee Clinic Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 July 2024 | 28,967 | 28,967
Additions | 6,923 | 6,923
At 30 June 2025 | 35,890 | 35,890
Depreciation
At 1 July 2024 | 20,026 | 20,026
Charge for the year | 4,162 | 4,162
At 30 June 2025 | 24,188 | 24,188
Carrying amount
At 30 June 2025 | 11,702 | 11,702
At 30 June 2024 | 8,941 | 8,941

5 | Debtors

| 2025 £ | 2024 £
Trade debtors | 43,159 | 48,427
Other debtors | 15,816 | 16,862
| 58,975 | 65,289

The Knee Clinic Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

6 | Creditors

Creditors: amounts falling due within one year

|  | 2025 £ | 2024 £
Taxation and social security |  | 59,045 | 68,676
Other creditors |  | 171,297 | 142,070
|  | 230,342 | 210,746

7 | TRANSACTIONS WITH DIRECTORS

During the year, there were advances to directors and repayments of £3,543. No interest was payable to the company (2024: £188).There were no agreed terms in place.