Humphries Medical Services Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 16063451

		28 February 2026
	Notes	£	£
FIXED ASSETS
Investments	4		30,500

			30,500
CURRENT ASSETS
Cash at bank and in hand		21,793

		21,793
Creditors: Amounts Falling Due Within One Year	5	(38,055 )

NET CURRENT ASSETS (LIABILITIES)			(16,262 )

TOTAL ASSETS LESS CURRENT LIABILITIES			14,238

NET ASSETS			14,238

CAPITAL AND RESERVES
Called up share capital	6		1
Profit and Loss Account			14,237

SHAREHOLDERS' FUNDS			14,238

For the period ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Dr Adam Humphries

Director

31 July 2026

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Humphries Medical Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 16063451 . The registered office is The Barn, Raans Road, Amersham, Bucks, HP6 6JP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Financial Instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment. Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Humphries Medical Services Ltd

Notes to the Financial Statements (continued)

For the Period 6 November 2024 to 28 February 2026

2.4. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 1

4. Investments

	Unlisted
	£
Cost or Valuation
As at 6 November 2024	-
Additions	30,500

As at 28 February 2026	30,500

Provision
As at 6 November 2024	-

As at 28 February 2026	-

Net Book Value
As at 28 February 2026	30,500

As at 6 November 2024	-

On 3 December 2024, the company acquired the interest held by an associated company, Humphries Medical Limited, in Welbeck Street Diagnostics Centre LLP in the sum of £30,500.

5. Creditors: Amounts Falling Due Within One Year

	28 February 2026
	£
Corporation tax	5,744
Other creditors	30,500
Accruals and deferred income	1,800
Director's loan account	11

	38,055

6. Share Capital

	28 February 2026
	£
Allotted, Called up and fully paid	1

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Humphries Medical Services Ltd

Notes to the Financial Statements (continued)

For the Period 6 November 2024 to 28 February 2026

7. Directors Advances, Credits and Guarantees

Included within Creditors are the following loans from directors:

	As at 6 November 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 28 February 2026
	£	£	£	£	£
Dr Adam Humphries	-	10,250	(10,239 )	-	11

The above loan is unsecured, interest free and repayable on demand.

8. Related Party Transactions

At the year end, the company owed £30,500 (2024: £Nil) to an associated company, Humphries Medical Limited.

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