REGISTERED NUMBER: 05542912 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

LONDON DERMATOLOGY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr. H P Stevens

Mrs D Stevens

SECRETARY:

Mrs D Stevens

REGISTERED OFFICE:

London Dermatology Limited

52 The Chase

Clapham Old Town

London

SW4 0NH

REGISTERED NUMBER:

05542912 (England and Wales)

ACCOUNTANTS:

Sandison Lang Limited

2 St Marys Road

Tonbridge

Kent

TN9 2LB

FIXED ASSETS

Tangible assets

4

692,864

715,443

CURRENT ASSETS

Debtors

5

473,513

470,721

Cash at bank

9,443

5,708

482,956

476,429

CREDITORS

Amounts falling due within one year

6

(150,247

)

(151,536

)

NET CURRENT ASSETS

332,709

324,893

TOTAL ASSETS LESS CURRENT LIABILITIES

1,025,573

1,040,336

CREDITORS

Amounts falling due after more than one year

7

-

(8,333

)

NET ASSETS

1,025,573

1,032,003

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,024,573

1,031,003

SHAREHOLDERS' FUNDS

1,025,573

1,032,003

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 July 2026 and were signed on its behalf by:

Dr. H P Stevens - Director

1.	STATUTORY INFORMATION

London Dermatology 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.

Tangible fixed assets

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

Freehold property

-

2% on cost

Office equipment

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Office

and

Motor

property

equipment

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

1,105,852

33,303

66,387

2,168

1,207,710

DEPRECIATION

At 1 April 2025

392,253

31,945

65,901

2,168

492,267

Charge for year

22,117

340

122

-

22,579

At 31 March 2026

414,370

32,285

66,023

2,168

514,846

NET BOOK VALUE

At 31 March 2026

691,482

1,018

364

-

692,864

At 31 March 2025

713,599

1,358

486

-

715,443

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

16,441

16,734

Amounts owed by group undertakings

448,099

448,000

Other debtors

4,654

3,614

Prepayments

4,319

2,373

473,513

470,721

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

8,487

20,100

Trade creditors

13,017

6,009

Amounts owed to group undertakings

23,892

24,022

Social security and other taxes

698

1,469

Other creditors

17,060

17,060

Directors' current accounts

79,503

75,526

Accrued expenses

7,590

7,350

150,247

151,536

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

-

8,333

8.	ULTIMATE CONTROLLING PARTY

Dr H Stevens who is a director, and his family, own more than 50% of the share capital of London Dermatology Limited.