Company registration number 15040250 (England and Wales)
DR KARRIE FEHILLY PSYCHIATRIC SERVICES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
PAGES FOR FILING WITH REGISTRAR
DR KARRIE FEHILLY PSYCHIATRIC SERVICES LTD
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 5
DR KARRIE FEHILLY PSYCHIATRIC SERVICES LTD
BALANCE SHEET
AS AT
31 JULY 2025
31 July 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
240
365
Current assets
Debtors
5
7,339
11,607
Cash at bank and in hand
12,393
-
0
19,732
11,607
Creditors: amounts falling due within one year
6
(14,436)
(11,768)
Net current assets/(liabilities)
5,296
(161)
Net assets
5,536
204
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
5,535
203
Total equity
5,536
204

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

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 20 April 2026
Mrs Karen Steer
Director
Company registration number 15040250 (England and Wales)
DR KARRIE FEHILLY PSYCHIATRIC SERVICES LTD
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 JULY 2025
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Period ended 31 July 2024:
Profit and total comprehensive income
-
42,203
42,203
Issue of share capital
1
-
1
Dividends
-
(42,000)
(42,000)
Balance at 31 July 2024
1
203
204
Year ended 31 July 2025:
Profit and total comprehensive income
-
47,832
47,832
Dividends
-
(42,500)
(42,500)
Balance at 31 July 2025
1
5,535
5,536
DR KARRIE FEHILLY PSYCHIATRIC SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
- 3 -
1
Accounting policies
Company information

Dr Karrie Fehilly Psychiatric Services Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 1st Floor Gallery Court, 28 Arcadia Avenue, London, N3 2FG.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers
25% straight line

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.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

DR KARRIE FEHILLY PSYCHIATRIC SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

DR KARRIE FEHILLY PSYCHIATRIC SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 5 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 August 2024 and 31 July 2025
500
Depreciation and impairment
At 1 August 2024
135
Depreciation charged in the year
125
At 31 July 2025
260
Carrying amount
At 31 July 2025
240
At 31 July 2024
365
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
7,339
8,443
Other debtors
-
0
3,164
7,339
11,607
6
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
12,188
9,968
Other creditors
2,248
1,800
14,436
11,768
2025-07-31 2024-08-01 false false false 20 April 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mrs Karen Steer 15040250 2024-08-01 2025-07-31 15040250 2025-07-31 15040250 2024-07-31 15040250 core:OtherPropertyPlantEquipment 2025-07-31 15040250 core:OtherPropertyPlantEquipment 2024-07-31 15040250 core:CurrentFinancialInstruments core:WithinOneYear 2025-07-31 15040250 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 15040250 core:CurrentFinancialInstruments 2025-07-31 15040250 core:CurrentFinancialInstruments 2024-07-31 15040250 core:ShareCapital 2025-07-31 15040250 core:ShareCapital 2024-07-31 15040250 core:RetainedEarningsAccumulatedLosses 2025-07-31 15040250 core:RetainedEarningsAccumulatedLosses 2024-07-31 15040250 bus:Director1 2024-08-01 2025-07-31 15040250 core:RetainedEarningsAccumulatedLosses 2023-07-31 2024-07-31 15040250 2023-07-31 2024-07-31 15040250 core:RetainedEarningsAccumulatedLosses 2024-08-01 2025-07-31 15040250 core:ShareCapital 2023-07-31 2024-07-31 15040250 core:ComputerEquipment 2024-08-01 2025-07-31 15040250 core:OtherPropertyPlantEquipment 2024-07-31 15040250 core:OtherPropertyPlantEquipment 2024-08-01 2025-07-31 15040250 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 15040250 bus:FRS102 2024-08-01 2025-07-31 15040250 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 15040250 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 15040250 bus:FullAccounts 2024-08-01 2025-07-31 xbrli:pure xbrli:shares iso4217:GBP