REGISTERED NUMBER: 06257482 (England and Wales)

The Anchorage Practice Limited

Unaudited Financial Statements

for the Year Ended 31 July 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K Ghafari

SECRETARY:

REGISTERED OFFICE:

10 Victoria Road South

Southsea

Hampshire

PO5 2DA

REGISTERED NUMBER:

06257482 (England and Wales)

ACCOUNTANTS:

Barter Durgan

Chartered Accountants

10 Victoria Road South

Southsea

Hampshire

PO5 2DA

FIXED ASSETS

Intangible assets

4

27,205

42,205

Tangible assets

5

571,665

587,225

598,870

629,430

CURRENT ASSETS

Stocks

7,500

7,500

Debtors

6

11,094

10,698

Cash at bank

31,143

34,783

49,737

52,981

CREDITORS

Amounts falling due within one year

7

253,037

202,753

NET CURRENT LIABILITIES

(203,300

)

(149,772

)

TOTAL ASSETS LESS CURRENT LIABILITIES

395,570

479,658

CREDITORS

Amounts falling due after more than one year

8

232,993

284,813

NET ASSETS

162,577

194,845

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

162,477

194,745

SHAREHOLDERS' FUNDS

162,577

194,845

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 April 2026 and were signed by:

K Ghafari - Director

1.	STATUTORY INFORMATION

The Anchorage Practice Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

147,205

AMORTISATION

At 1 August 2024

105,000

Amortisation for year

15,000

At 31 July 2025

120,000

NET BOOK VALUE

At 31 July 2025

27,205

At 31 July 2024

42,205

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

and 31 July 2025

525,014

194,285

11,335

402

731,036

DEPRECIATION

At 1 August 2024

-

132,074

11,335

402

143,811

Charge for year

-

15,560

-

-

15,560

At 31 July 2025

-

147,634

11,335

402

159,371

NET BOOK VALUE

At 31 July 2025

525,014

46,651

-

-

571,665

At 31 July 2024

525,014

62,211

-

-

587,225

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

11,094

11,094

Amounts falling due after more than one year:

Other debtors

-

(396

)

Aggregate amounts

11,094

10,698

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

50,000

50,000

Trade creditors

16,273

10,274

Taxation

7,741

475

Social security and other taxes

1,129

570

Other creditors

8,151

8,114

Directors' current accounts

41,960

69,017

Accruals and deferred income

120,273

54,153

Accrued expenses

7,510

10,150

253,037

202,753

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

57,511

109,331

Other loans - 2-5 years

175,482

175,482

232,993

284,813