REGISTERED NUMBER: 15937926 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 5 SEPTEMBER 2024 TO 31 MAY 2025

FOR

NUMBER 1 SURGICAL HEALTHCARE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms C L Beresford

Mr D J Bellwood

REGISTERED OFFICE:

1 Cardale Park

Harrogate

HG3 1RY

REGISTERED NUMBER:

15937926 (England and Wales)

FIXED ASSETS

Intangible assets

4

735,640

Tangible assets

5

4,167

739,807

CURRENT ASSETS

Debtors

6

270,333

Cash at bank

1,057,847

1,328,180

CREDITORS

Amounts falling due within one year

7

3,526,149

NET CURRENT LIABILITIES

(2,197,969

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,458,162

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(1,458,262

)

(1,458,162

)

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2025.

The members have not required the Company to obtain an audit of its financial statements for the period ended 31 May 2025 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 12 May 2026 and were signed on its behalf by:

Ms C L Beresford - Director

1.	STATUTORY INFORMATION

Number 1 Surgical Healthcare 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.

Going concern

The financial statements have been prepared on a going concern basis. For the year ended 31 May 2025, the Company incurred a loss and, at the balance sheet date, the Company’s liabilities exceeded its assets.

During the period, the Company acquired certain assets and assumed obligations from an entity purchased from an administrator. The assumption of these obligations has resulted in a short-term adverse impact on the Company’s net asset position.

The directors have prepared business plans and cash flow forecasts covering a period of at least twelve months from the date of approval of these financial statements. These forecasts reflect the directors’ expectations of improved trading performance following the integration of the acquired activities and the implementation of operational and cost management measures. On this basis, the directors expect the Company to return to profitability and to a positive net asset position.

The Company continues to benefit from the ongoing support of its principal creditors, who are aware of the Company’s financial position and have indicated their intention to continue to support the Company while the directors’ plans are implemented.

Whilst the above matters indicate that the Company is dependent on the successful execution of its business plans and the continued support of creditors, the directors are satisfied that the Company will be able to meet its liabilities as they fall due. Accordingly, they consider it appropriate to prepare the financial statements on the going concern basis.

The financial statements do not include any adjustments that would be required if the going concern basis were not appropriate.

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 ten 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

Tangible fixed assets are stated at cost less accumulated depreciation and any accumulated impairment losses. Cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation if charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight line or reducing balance method or, if held under a finance lease, over the lease term, whichever is shorter.

Fixtures and fittings

-

25% on straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement.

Taxation

Taxation for the period 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 period 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

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 period was 49 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

795,581

At 31 May 2025

795,581

AMORTISATION

Charge for period

59,941

At 31 May 2025

59,941

NET BOOK VALUE

At 31 May 2025

735,640

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

5,000

At 31 May 2025

5,000

DEPRECIATION

Charge for period

833

At 31 May 2025

833

NET BOOK VALUE

At 31 May 2025

4,167

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by group undertakings

34,902

Other debtors

235,431

270,333

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Payments on account

2,051,223

Trade creditors

604,617

Taxation and social security

208,648

Other creditors

661,661

3,526,149

8.	RELATED PARTY DISCLOSURES

121 Finance Limited

121 Finance Limited is a Company under the common control of Chloe Beresford.

At the Balance Sheet date £20,183 was owed to the Company from 121 Finance Limited, the balance is interest free and repayable on demand.

MYA Group Limited

MYA Group Limited is a Company in which Chloe Beresford is a director.

At the Balance Sheet date £10,740 was owed to the Company from MYA Group Limited, the balance is interest free and repayable on demand.

Seraphina Lingerie Limited (formerly known as MYA Lingerie Limited)

Seraphina Lingerie Limited is a Company in which Chloe Beresford is a director and shareholder.

At the Balance Sheet date £3,979 was owed to the Company from Seraphina Lingerie Limited, the balance is interest free and repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms C L Beresford.