CHIASONS MEDICAL LTD


Directors	CHIA, Janet
	CHIA, Peng Sang, Dr


Registered Address	70 Wright Street
	Hull
	HU2 8JD


Registered Number	11815282 (England and Wales)

Balance Sheet as at
28 February 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		253,828		254,212
Investments	4		16,110		-
			269,938		254,212
Current assets
Debtors	5	228,719		222,700
Cash at bank and on hand		4,305		9,368
		233,024		232,068
Creditors amounts falling due within one year	6	(32,288)		(29,445)
Net current assets (liabilities)			200,736		202,623
Total assets less current liabilities			470,674		456,835
Net assets			470,674		456,835
Capital and reserves
Called up share capital			20		20
Other reserves			(5,104)		-
Profit and loss account			475,758		456,815
Shareholders' funds	7		470,674		456,835

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 4 June 2026, and are signed on its behalf by:

CHIA, Peng Sang, Dr
Director
Registered Company No. 11815282

CHIASONS MEDICAL LTD

Notes to the Financial Statements
for the year ended 28 February 2026

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Fixtures and fittings	20
	Office Equipment	20

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 March 25	252,294	1,545	3,343	257,182
At 28 February 26	252,294	1,545	3,343	257,182
Depreciation and impairment
At 01 March 25	-	788	2,182	2,970
Charge for year	-	151	232	383
On disposals	-	-	1	1
At 28 February 26	-	939	2,415	3,354
Net book value
At 28 February 26	252,294	606	928	253,828
At 28 February 25	252,294	757	1,161	254,212

4.	Fixed asset investments

	Other investments¹	Total
	£	£
Cost or valuation
Additions	21,214	21,214
Revaluations	(5,104)	(5,104)
At 28 February 26	16,110	16,110
Net book value
At 28 February 26	16,110	16,110
At 28 February 25	-	-

	Notes
	¹Other investments other than loans

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Other debtors	228,599	222,700
Prepayments and accrued income	120	-
Total	228,719	222,700

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Bank borrowings and overdrafts	26,958	29,445
Taxation and social security	4,370	-
Accrued liabilities and deferred income	960	-
Total	32,288	29,445


	Included within bank borrowings and overdrafts is £26,958 (2025 - £29,445) which relates to amounts owed to the directors.

7.	Fair value reserve


		£
	Transferred in period	(5,104)
	At 28 February 26	(5,104)