REGISTERED NUMBER: 05988036 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 OCTOBER 2025

FOR

NEUROPHYSIOPLUS LTD

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

A P Chatham

Registered office:

Sandford House

6-7 Lower High Street

Stourbridge

West Midlands

DY8 1TE

Registered number:

05988036 (England and Wales)

Accountants:

Athos Business Solutions Limited

1623 Warwick Road

Knowle

Solihull

West Midlands

B93 9LF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

67,740

78,160

67,740

78,160

CURRENT ASSETS

Debtors

6

164,022

209,204

Cash at bank and in hand

54,451

13,505

218,473

222,709

CREDITORS

Amounts falling due within one year

7

107,199

97,476

NET CURRENT ASSETS

111,274

125,233

TOTAL ASSETS LESS CURRENT LIABILITIES

179,014

203,393

CREDITORS

Amounts falling due after more than one year

8

(31,021

)

(44,962

)

PROVISIONS FOR LIABILITIES

(16,935

)

-

NET ASSETS

131,058

158,431

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

131,048

158,421

131,058

158,431

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 his 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 director and authorised for issue on 13 July 2026 and were signed by:

A P Chatham - Director

1.	STATUTORY INFORMATION

Neurophysioplus Ltd 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 2018, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures & Fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 November 2024

and 31 October 2025

16,000

Amortisation

At 1 November 2024

and 31 October 2025

16,000

Net book value

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Fixtures

Motor

Computer

machinery

& Fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 November 2024

40,886

32,453

56,383

31,263

160,985

Additions

3,950

-

-

1,688

5,638

Reclassification/transfer

-

-

(1

)

-

(1

)

At 31 October 2025

44,836

32,453

56,382

32,951

166,622

Depreciation

At 1 November 2024

23,729

23,063

9,296

26,737

82,825

Charge for year

3,827

1,878

9,418

934

16,057

At 31 October 2025

27,556

24,941

18,714

27,671

98,882

Net book value

At 31 October 2025

17,280

7,512

37,668

5,280

67,740

At 31 October 2024

17,157

9,390

47,087

4,526

78,160

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

Cost

Reclassification/transfer

51,084

At 31 October 2025

51,084

Depreciation

Charge for year

9,196

Reclassification/transfer

5,108

At 31 October 2025

14,304

Net book value

At 31 October 2025

36,780

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

56,289

95,753

Other debtors

107,733

113,451

164,022

209,204

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,833

10,000

Hire purchase contracts

8,107

8,107

Trade creditors

-

4,944

Taxation and social security

56,879

35,862

Other creditors

36,380

38,563

107,199

97,476

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

5,833

Hire purchase contracts

31,021

39,129

31,021

44,962

9.	FINANCIAL COMMITMENTS, GUARANTEES AND CONTINGENCIES

A cross-company guarantee is given whereby on receipt of a demand in writing the liabilities in respect of

bank loans in this company and its parent company will be discharged by the company not otherwise in

default.