PRAXIS MEDICAL LTD

Company Registration Number:
10858764 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2025

Period of accounts

Start date: 01 August 2024

End date: 31 July 2025

PRAXIS MEDICAL LTD

Contents of the Financial Statements

for the Period Ended 31 July 2025

Balance sheet
Notes

PRAXIS MEDICAL LTD

Balance sheet

As at 31 July 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 87,571 56,742
Investments: 4 31,699 9,550
Total fixed assets: 119,270 66,292
Current assets
Stocks: 4,500 8,000
Debtors: 5 947,980 525,732
Cash at bank and in hand: 797,486 1,341,824
Total current assets: 1,749,966 1,875,556
Creditors: amounts falling due within one year:   (61,811) (194,374)
Net current assets (liabilities): 1,688,155 1,681,182
Total assets less current liabilities: 1,807,425 1,747,474
Creditors: amounts falling due after more than one year:     (33,573)
Total net assets (liabilities): 1,807,425 1,713,901
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,807,325 1,713,801
Shareholders funds: 1,807,425 1,713,901

The notes form part of these financial statements

PRAXIS MEDICAL LTD

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 April 2026
and signed on behalf of the board by:

Name: Habib Rehman
Status: Director

The notes form part of these financial statements

PRAXIS MEDICAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

PRAXIS MEDICAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2025

2. Employees

2025 2024
Average number of employees during the period 7 5

PRAXIS MEDICAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2025

3. Tangible Assets

Total
Cost £
At 01 August 2024 125,995
Additions 70,035
At 31 July 2025 196,030
Depreciation
At 01 August 2024 69,253
Charge for year 39,206
At 31 July 2025 108,459
Net book value
At 31 July 2025 87,571
At 31 July 2024 56,742

PRAXIS MEDICAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2025

4. Fixed investments

Investments are included in the balance sheet at cost less any provision for impairment. The Company assess investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. If such an indication of impairment exists, the Company makes an estimate of the recoverable amount of the investment. If the recoverable amount is less than the value of the investment, the investment is written down to the recoverable amount. An impairment loss is recognised immediately in the profit and loss account. If the impairment is not considered to be a permanent diminution in value it may reverse in a future period to the extent that it is no longer considered necessary.

PRAXIS MEDICAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2025

5. Debtors

2025 2024
££
Debtors due after more than one year: 947,980 525,732