Company registration number: NI720549
Annual report and unaudited financial statements
for the period ended 31 August 2025
for
The Hear Now Clinic Ltd
Pages for filing with the Registrar
The Hear Now Clinic Ltd
Chartered Accountants' Report to the Board of Directors for the preparation of the
unaudited financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Hear Now Clinic Ltd for the period ended 31 August 2025 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
As a member firm of the Chartered Accountants Ireland (CAI), we are subject to its ethical and other professional requirements which are detailed at https://www.charteredaccountants.ie/knowledge- centre/technical-hub/audit-and-assurance/ethics.
This report is made solely to the Board of Directors of The Hear Now Clinic Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of The Hear Now Clinic Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of CAI as detailed at https://www.charteredaccountants.ie/knowledge-centre/technical-hub/audit-and-assurance/ethics. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Hear Now Clinic Ltd and its Board of Directors, as a body, for our work, or for this report.
It is your duty to ensure that The Hear Now Clinic Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Hear Now Clinic Ltd. You consider that The Hear Now Clinic Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of The Hear Now Clinic Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Noel Conn and Company
7 Seven Houses
Upper English Street
Armagh
BT61 7LA
United Kingdom
Date: 18 May 2026
1
Company registration number: NI720549
The Hear Now Clinic Ltd
Balance sheet
as at 31 August 2025
Note £ £
Fixed assets
Intangible assets 4 60,000
Tangible assets 5 21,836
81,836
Current assets
Debtors 6 1,345
Cash at bank and in hand 40,543
41,888
Creditors: amounts falling due within one
year 		7 (50,192)
Net current liabilities (8,304)
Total assets less current liabilities 73,532
Creditors: Amounts falling due after more
than one year 		8 (65,881)
NET ASSETS 7,651
Capital and reserves
Called up share capital 100
Profit and loss account 7,551
TOTAL EQUITY 7,651
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 31 August 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
2
Company registration number: NI720549
The Hear Now Clinic Ltd
Balance sheet - continued
as at 31 August 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 18 May 2026 and signed on its behalf by:
Mr M Humphreys, Director Mr I Thompson, Director
18 May 2026 18 May 2026
3
The Hear Now Clinic Ltd
Notes to the financial statements
for the period ended 31 August 2025
1 Company information
The Hear Now Clinic Ltd is a private company registered in Northern Ireland. Its registered number is NI720549. The company is limited by shares. Its registered office is Hear Now Clinic, The Mount Business Centre Ltd, Belfast, County Antrim, BT6 8DD.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 20% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 15% reducing balance
Fixtures & fittings - 15% reducing balance
Motor vehicles - 20% reducing balance
4
The Hear Now Clinic Ltd
Notes to the financial statements - continued
for the period ended 31 August 2025
2 Accounting policies - continued
Taxation
Taxation for the period comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the period the average number of employees was 1.
4 Intangible assets
Goodwill
£
Cost
Additions 75,000
At 31 August 2025 75,000
Amortisation
Charge for period 15,000
At 31 August 2025 15,000
Net book value
At 31 August 2025 60,000
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
Additions 26,130
At 31 August 2025 26,130
5
The Hear Now Clinic Ltd
Notes to the financial statements - continued
for the period ended 31 August 2025
5 Tangible fixed assets - continued
Depreciation
Charge for period 4,294
At 31 August 2025 4,294
Net book value
At 31 August 2025 21,836
Cost or valuation at 31 August 2025 is represented by:
Plant and
machinery
etc.
£
Valuation in 2025 26,130
Cost -
26,130
If Plant & Machinery had not been revalued, it would have been included at the following historical cost:
£
Cost 26,130
Accumulated depreciation 4,294
6 Debtors
£
Other debtors 1,345
7 Creditors: amounts falling due within one year
£
Trade creditors 3,147
Other creditors 46,877
Taxation 168
50,192
8 Creditors: amounts falling due after more than one year
£
Other creditors 65,881
6