REGISTERED NUMBER: 15721526 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2026

for

Chosen Podiatry Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs E E Bombera

P L McQueen

REGISTERED OFFICE:

48 Hucclecote Road

Gloucester

GL3 3RS

REGISTERED NUMBER:

15721526 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

FIXED ASSETS

Intangible assets

4

8,400

11,200

Tangible assets

5

5,797

6,882

14,197

18,082

CURRENT ASSETS

Debtors

6

2,885

1,950

Cash at bank

9,952

6,004

12,837

7,954

CREDITORS

Amounts falling due within one year

7

18,237

23,878

NET CURRENT LIABILITIES

(5,400

)

(15,924

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,797

2,158

CREDITORS

Amounts falling due after more than one year

8

-

400

NET ASSETS

8,797

1,758

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8,697

1,658

SHAREHOLDERS' FUNDS

8,797

1,758

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 11 June 2026 and were signed on its behalf by:

Mrs E E Bombera - Director

1.	STATUTORY INFORMATION

Chosen Podiatry 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Improvements to property

-

Straight line over 5 years

Plant and machinery

-

20% on reducing balance

Computer equipment

-

33% on 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 statement of financial position date.

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.

Going concern

The accounts have been prepared on a going concern basis, despite the fact that at 31 May 2026 net current liabilities exceed net current assets by £5,400 (2025 - £15,924). The directors have given an undertaking to support the company until it returns to a net current assets position. They consider that it is appropriate to prepare the accounts on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 June 2025

and 31 May 2026

14,000

Amortisation

At 1 June 2025

2,800

Charge for year

2,800

At 31 May 2026

5,600

Net book value

At 31 May 2026

8,400

At 31 May 2025

11,200

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

Cost

At 1 June 2025

2,868

4,617

1,341

8,826

Additions

-

-

1,011

1,011

At 31 May 2026

2,868

4,617

2,352

9,837

Depreciation

At 1 June 2025

574

923

447

1,944

Charge for year

573

739

784

2,096

At 31 May 2026

1,147

1,662

1,231

4,040

Net book value

At 31 May 2026

1,721

2,955

1,121

5,797

At 31 May 2025

2,294

3,694

894

6,882

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/26

31/5/25

£

£

Other debtors

2,885

1,950

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/26

31/5/25

£

£

Trade creditors

44

261

Taxation and social security

13,322

5,598

Other creditors

4,871

18,019

18,237

23,878

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/5/26

31/5/25

£

£

Other creditors

-

400

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/5/26

31/5/25

£

£

Within one year

3,680

3,680

Between one and five years

7,519

11,199

11,199

14,879

10.	RELATED PARTY DISCLOSURES

At 31 May 2026, the company owed the directors Mrs EE Bombera and Mr PL McQueen £1,145 and £1,326 respectively (2025 - £778 and £667)). The balance owed, included within other creditors, is made of business expenses not yet reimbursed and declared dividends directly credited to the directors' loan account. The loan balance is repayable to the directors on demand.