Romsey Medical Practice Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11064423

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		235,376		265,134

			235,376		265,134
CURRENT ASSETS
Debtors	5	78,327		29,922
Cash at bank and in hand		179,670		142,440

		257,997		172,362
Creditors: Amounts Falling Due Within One Year	6	(90,358 )		(65,090 )

NET CURRENT ASSETS (LIABILITIES)			167,639		107,272

TOTAL ASSETS LESS CURRENT LIABILITIES			403,015		372,406

Creditors: Amounts Falling Due After More Than One Year	7		(24,203 )		(40,842 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(43,305 )		(46,192 )

NET ASSETS			335,507		285,372

CAPITAL AND RESERVES
Called up share capital	9		111		111
Share premium account			249,989		249,989
Profit and Loss Account			85,407		35,272

SHAREHOLDERS' FUNDS			335,507		285,372

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Romsey Medical Practice Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their 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 C S Rennie

Director

18/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Romsey Medical Practice Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11064423 . The registered office is St James' Hall, Mill Road, Lancing, West Sussex, BN15 0PT.

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, excluding discounts, rebates, value added tax and other sales taxes.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	20% on cost and straight line over 15 years
Plant & Machinery	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. 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.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

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Romsey Medical Practice Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 6)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 December 2024	277,781	113,000	12,848	21,095	424,724
Additions	-	-	500	1,499	1,999

As at 30 November 2025	277,781	113,000	13,348	22,594	426,723

Depreciation
As at 1 December 2024	68,669	69,825	9,030	12,066	159,590
Provided during the period	17,457	10,794	937	2,569	31,757

As at 30 November 2025	86,126	80,619	9,967	14,635	191,347

Net Book Value
As at 30 November 2025	191,655	32,381	3,381	7,959	235,376

As at 1 December 2024	209,112	43,175	3,818	9,029	265,134

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	10,954	-
Other debtors	67,373	29,922

	78,327	29,922

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	7,756
Bank loans and overdrafts	5,022	10,000
Other loans	11,617	11,617
Other creditors	23,194	9,139
Taxation and social security	50,525	26,578

	90,358	65,090

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Romsey Medical Practice Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	5,022
Other loans	24,203	35,820

	24,203	40,842

8. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 December 2024	46,192	46,192
Deferred taxation	(2,887 )	(2,887 )

Balance at 30 November 2025	43,305	43,305

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	111	111

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