Penkridge Chiropractic Clinic Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 06374924

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		65,936		66,609

			65,936		66,609
CURRENT ASSETS
Stocks	6	300		300
Debtors	7	788		795
Cash at bank and in hand		470		987

		1,558		2,082
Creditors: Amounts Falling Due Within One Year	8	(42,693 )		(42,745 )

NET CURRENT ASSETS (LIABILITIES)			(41,135 )		(40,663 )

TOTAL ASSETS LESS CURRENT LIABILITIES			24,801		25,946

PROVISIONS FOR LIABILITIES
Deferred Taxation			(16,484 )		(16,652 )

NET ASSETS			8,317		9,294

CAPITAL AND RESERVES
Called up share capital	9		3		3
Profit and Loss Account			8,314		9,291

SHAREHOLDERS' FUNDS			8,317		9,294

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Penkridge Chiropractic Clinic Limited

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms J H Tordoff

Director

20 May 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Penkridge Chiropractic Clinic Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06374924 . The registered office is 33 Wolverhampton Road, Cannock, Staffordshire, WS11 1AP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 5 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

15% reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

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

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Penkridge Chiropractic Clinic Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 October 2024	8,000

As at 30 September 2025	8,000

Amortisation
As at 1 October 2024	8,000

As at 30 September 2025	8,000

Net Book Value
As at 30 September 2025	-

As at 1 October 2024	-

5. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 October 2024	112,230

As at 30 September 2025	112,230

Depreciation
As at 1 October 2024	45,621
Provided during the period	673

As at 30 September 2025	46,294

Net Book Value
As at 30 September 2025	65,936

As at 1 October 2024	66,609

6. Stocks

	2025	2024
	£	£
Finished goods	300	300

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	788	795

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Penkridge Chiropractic Clinic Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Amounts owed to group undertakings	32,227	32,540
Other creditors	2,147	2,258
Taxation and social security	8,319	7,947

	42,693	42,745

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	3	3

10. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Sequoia9 Limited . Sequoia9 Limited was incorporated in England and Wales. The ultimate controlling party is J H Tordoff who controls 100% of the shares of Penkridge Chiropractic Clinic Limited .

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