REGISTERED NUMBER: 03374363 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

Inner Hope Holdings Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

8

Director:

Miss V Rendle

Registered office:

3 Church Cottages, Thurlestone,

Near Kingsbridge

TQ7 3NJ

Registered number:

03374363 (England and Wales)

Accountants:

Websters

129 North Hill

Plymouth

Devon

PL4 8JY

Fixed assets

Tangible assets

4

7,786

8,179

Investments

5

10

10

7,796

8,189

Current assets

Stocks

-

500

Debtors

6

7,834

4,008

Cash at bank

30,704

59,700

38,538

64,208

Creditors

Amounts falling due within one year

7

28,722

27,657

Net current assets

9,816

36,551

Total assets less current liabilities

17,612

44,740

Creditors

Amounts falling due after more than one year

8

20,944

27,526

Net (liabilities)/assets

(3,332

)

17,214

Capital and reserves

Called up share capital

9

2

2

Retained earnings

(3,334

)

17,212

Shareholders' funds

(3,332

)

17,214

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 July 2026 and were signed by:

Miss V Rendle - Director

1.	STATUTORY INFORMATION

Quay Physiotherapy Limited is a private company, limited by shares, registered in England and Wales. The company's registered number, business address 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 and rebates. Turnover is recognised at the point of delivery of the service to the customer.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Leasehold property - 5 years straight line

Fixtures, fittings and equipment - 20% reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

Cost

At 1 November 2024

1,699

43,988

1,699

47,386

Additions

-

1,326

-

1,326

At 31 October 2025

1,699

45,314

1,699

48,712

Depreciation

At 1 November 2024

1,699

37,338

170

39,207

Charge for year

-

1,413

306

1,719

At 31 October 2025

1,699

38,751

476

40,926

Net book value

At 31 October 2025

-

6,563

1,223

7,786

At 31 October 2024

-

6,650

1,529

8,179

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

Cost

At 1 November 2024

and 31 October 2025

10

Net book value

At 31 October 2025

10

At 31 October 2024

10

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Victoria Rendle Health Ltd

Registered office: The Healthhub, Fore Street, Kingsbridge, Devon, United Kingdom, TQ7 1AX

Nature of business: Physiotherapy Services

%

Class of shares:

holding

Ordinary £1

100.00

2025

2024

£

£

Aggregate capital and reserves

17,935

10,154

Profit for the year

80,311

10,144

Inner Hope Holdings Limited owns 100% of the ordinary share capital of Victoria Rendle Health Ltd.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,334

1,344

Amounts owed by group undertakings

5,500

-

Other debtors

-

2,664

7,834

4,008

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,517

4,317

Trade creditors

410

7,938

Taxation and social security

11,441

8,927

Other creditors

11,354

6,475

28,722

27,657

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

20,944

27,526

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary shares

£1

2

2

10.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £5,304 to it's director, V Rendle.

The Company is owed £5,500 from Victoria Rendle Health Limited a company that is controlled by the director.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Miss V Rendle.