REGISTERED NUMBER: 07190046 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

South Yorkshire Shoulder And Elbow

Clinic Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

65,576

80,514

Investments

5

208,035

208,035

273,611

288,549

CURRENT ASSETS

Debtors

6

88,322

34,600

Cash at bank

594,734

569,938

683,056

604,538

CREDITORS

Amounts falling due within one year

7

51,534

34,063

NET CURRENT ASSETS

631,522

570,475

TOTAL ASSETS LESS CURRENT LIABILITIES

905,133

859,024

CREDITORS

Amounts falling due after more than one year

8

(49,742

)

(64,105

)

PROVISIONS FOR LIABILITIES

10

(12,459

)

(15,298

)

NET ASSETS

842,932

779,621

CAPITAL AND RESERVES

Called up share capital

11

103

103

Retained earnings

842,829

779,518

SHAREHOLDERS' FUNDS

842,932

779,621

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 July 2026 and were signed on its behalf by:

Dr A A Ali - Director

1.	STATUTORY INFORMATION

South Yorkshire Shoulder And Elbow Clinic Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07190046

Registered office:

C/o Echo Tax, SPACES Manchester

Peter House

Oxford Street

Manchester

M1 5AN

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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Motor vehicles

-

20% on reducing balance

Taxation

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2025

7,332

116,575

123,907

Additions

2,198

-

2,198

At 31 March 2026

9,530

116,575

126,105

DEPRECIATION

At 1 April 2025

4,535

38,858

43,393

Charge for year

1,592

15,544

17,136

At 31 March 2026

6,127

54,402

60,529

NET BOOK VALUE

At 31 March 2026

3,403

62,173

65,576

At 31 March 2025

2,797

77,717

80,514

5.	FIXED ASSET INVESTMENTS

Interest

in joint

venture

£

COST

At 1 April 2025

and 31 March 2026

208,035

NET BOOK VALUE

At 31 March 2026

208,035

At 31 March 2025

208,035

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

5,796

12,622

Other debtors

20,291

-

Directors' current accounts

60,122

21,048

Prepayments and accrued income

2,113

930

88,322

34,600

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Other loans (see note 9)

14,364

14,364

Tax

35,659

18,155

Social security and other taxes

311

344

Accrued expenses

1,200

1,200

51,534

34,063

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Other loans (see note 9)

49,742

64,105

9.

LOANS

An analysis of the maturity of loans is given below:

31.3.26

31.3.25

£

£

Amounts falling due within one year or on demand:

Other loans

14,364

14,364

Amounts falling due between two and five years:

Other loans - 2-5 years

49,742

64,105

10.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

12,459

15,298

Deferred

tax

£

Balance at 1 April 2025

15,298

Utilised during year

(2,839

)

Balance at 31 March 2026

12,459

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

60

Ordinary A

£1

60

60

40

Ordinary B

£1

40

40

1

Ordinary C

£1

1

1

1

Ordinary D

£1

1

1

1

Ordinary E

£1

1

1

103

103

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

Dr A A Ali

Balance outstanding at start of year

21,048

(5,136

)

Amounts advanced

47,470

38,361

Amounts repaid

(8,396

)

(12,177

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

60,122

21,048

13.	ULTIMATE CONTROLLING PARTY

The controlling party is Dr A A Ali.