Skeleton Imaging Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10653014 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

SKELETON IMAGING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr D Barron

Mrs C D Barron

REGISTERED OFFICE:

47 St Pauls Street

Leeds

West Yorkshire

LS1 2TE

REGISTERED NUMBER:

10653014 (England and Wales)

ACCOUNTANTS:

Fortus Limited

Business Advisors & Accountants

Equinox House

Clifton Park, Shipton Road

York

YO30 5PA

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

2,240

1,573

Investments

6

57,600

3,000

59,840

4,573

CURRENT ASSETS

Debtors

7

469,582

421,058

Cash at bank

67,636

82,025

537,218

503,083

CREDITORS

Amounts falling due within one year

8

29,951

104,046

NET CURRENT ASSETS

507,267

399,037

TOTAL ASSETS LESS CURRENT LIABILITIES

567,107

403,610

PROVISIONS FOR LIABILITIES

426

321

NET ASSETS

566,681

403,289

CAPITAL AND RESERVES

Called up share capital

9

3,001

Retained earnings

563,680

400,288

SHAREHOLDERS' FUNDS

566,681

403,289

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

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

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 May 2026 and were signed on its behalf by:

Dr D Barron - Director

1.	STATUTORY INFORMATION

Skeleton Imaging 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 as modified by the revaluation of certain assets.

The financial statements are prepared in pounds sterling, which is the functional and presentation currency of the company. All amounts have been rounded to the nearest pound unless otherwise indicated.

Turnover

Turnover represents net invoiced sales of services provided, excluding value added tax.

Tangible fixed assets

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

Computer equipment

-

15% Reducing balance

Investments in associates

Investments in associate undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

10,857

AMORTISATION

At 1 June 2024

and 31 May 2025

10,857

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

-

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 June 2024

3,855

Additions

1,089

At 31 May 2025

4,944

DEPRECIATION

At 1 June 2024

2,282

Charge for year

422

At 31 May 2025

2,704

NET BOOK VALUE

At 31 May 2025

2,240

At 31 May 2024

1,573

6.	FIXED ASSET INVESTMENTS

Interest

in

Other

associate

investments

Totals

£

COST OR VALUATION

At 1 June 2024

3,000

-

3,000

Additions

-

40,000

Revaluations

-

14,600

At 31 May 2025

3,000

54,600

57,600

NET BOOK VALUE

At 31 May 2025

3,000

54,600

57,600

At 31 May 2024

3,000

-

3,000

Cost or valuation at 31 May 2025 is represented by:

Interest

in

Other

associate

investments

Totals

£

Valuation in 2025

-

14,600

Cost

3,000

40,000

43,000

3,000

54,600

57,600

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

-

29,521

Corporation tax recoverable

118,493

98,799

Directors' current accounts

351,089

292,738

469,582

421,058

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Corporation tax

28,152

48,958

Amounts owed to related undertaking

-

53,588

Accrued expenses

1,799

1,500

29,951

104,046

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

3,000

Ordinary

£1

3,000

1

Ordinary B

£1

1

3,001

10.	RELATED PARTY DISCLOSURES

During the year the company raised invoices totalling £80,000 (2024: £80,000) to Skeletal Imaging Limited, a company of which Dr D Barron is a director.

At 31 May 2025 the company owed an amount of £nil (2024: £53,588) to Skeletal Imaging Limited.

At 31 May 2025 the company was owed an amount of £341,990 (2024: £292,738) from its directors.

During the year the company paid dividends totalling £1,000 (2024: £2,000) to its directors.

11.	ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of its director.