REGISTERED NUMBER: SC604651 (Scotland)

Realm Chiropractic Ltd

Unaudited Financial Statements

for the Year Ended 31 August 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr J K Liu

REGISTERED OFFICE:

9 Ainslie Place

Edinburgh

Midlothian

EH3 6AT

REGISTERED NUMBER:

SC604651 (Scotland)

ACCOUNTANTS:

Whitelaw Wells

9 Ainslie Place

Edinburgh

Midlothian

EH3 6AT

BANKERS:

Bank of Scotland

163 High Street

Kirkcaldy

Fife

KY1 1LR

FIXED ASSETS

Tangible assets

4

6,142

4,676

CURRENT ASSETS

Debtors

5

18,480

28,308

Cash at bank

2,310

5,343

20,790

33,651

CREDITORS

Amounts falling due within one year

6

20,624

23,456

NET CURRENT ASSETS

166

10,195

TOTAL ASSETS LESS CURRENT LIABILITIES

6,308

14,871

CREDITORS

Amounts falling due after more than one year

7

-

(8,158

)

PROVISIONS FOR LIABILITIES

(1,167

)

(888

)

NET ASSETS

5,141

5,825

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

5,041

5,725

SHAREHOLDERS' FUNDS

5,141

5,825

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 May 2026 and were signed by:

Dr J K Liu - Director

1.	STATUTORY INFORMATION

Realm Chiropractic Ltd is a private company, limited by shares , registered in Scotland. 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 and revenue recognition

Turnover represents invoiced sales of services. Turnover is recognised when the services are supplied to the customer.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost, 25% on cost and 20% on cost

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

All loans with related parties are all repayable on demand.

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.

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.

Provision for liabilities

Provisions are recognised where the company has a present obligation as a result of a past event, it is probably the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

84,134

Additions

4,926

At 31 August 2025

89,060

DEPRECIATION

At 1 September 2024

79,458

Charge for year

3,460

At 31 August 2025

82,918

NET BOOK VALUE

At 31 August 2025

6,142

At 31 August 2024

4,676

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

18,480

28,308

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,158

8,900

Taxation and social security

4,293

4,811

Other creditors

8,173

9,745

20,624

23,456

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

8,158

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

8,158

17,058

On 28 April 2021, a floating charge was created in favour of Bank of Scotland plc cover all the property and undertaking of the company and 1st charge was created over property at 52 Crossgate that is owned personally by the director.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

Dr J K Liu

Balance outstanding at start of year

19,924

5,102

Amounts advanced

15,751

17,322

Amounts repaid

(25,723

)

(2,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,952

19,924

10.	RELATED PARTY DISCLOSURES

Dr J K Liu

Dr J K Liu is the director of the company and holds 80% of the issued share capital. During the year, the company made advances to the director totalling £12,638 (2024: £12,298). The director repaid £10,670 (2024: £2,500) to the company and paid business expenses of £15,053 (2024: £5,495) on behalf of the company. The company paid expenses of £3,113 (2024: £797) on behalf of the director. At 31 August 2025, the amount outstanding due from the director was £9,952 (2024: £19,924). The balance is interest free, unsecured and repayable on demand.

Dividends of £10,670 (2024: £2,500) were declared to the Dr J K Liu.