Company No: 05470318 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Directors	Dr C Gilling-Smith
	Ms M Gilling-Ulph
	Mr S Gilling-Ulph (Appointed 25 November 2025)
	Mr C Gilling-Ulph (Appointed 25 November 2025)

Registered office	138 Dyke Road
	Brighton
	BN1 5PA
	United Kingdom

Company number

05470318 (England and Wales)

Accountant	Kreston Reeves LLP
	Springfield House
	Springfield Road
	Horsham
	West Sussex
	RH12 2RG

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Agora Gynaecology And Fertility Centre Ltd for the financial year ended 30 November 2025 which comprise the Balance Sheet and the related notes 1 to 9 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

This report is made solely to the Board of Directors of Agora Gynaecology And Fertility Centre Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Agora Gynaecology And Fertility Centre Ltd and state those matters that we have agreed to state to the Board of Directors of Agora Gynaecology And Fertility Centre Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Agora Gynaecology And Fertility Centre Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Agora Gynaecology And Fertility Centre Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Agora Gynaecology And Fertility Centre Ltd. You consider that Agora Gynaecology And Fertility Centre Ltd is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Agora Gynaecology And Fertility Centre Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Kreston Reeves LLP

Springfield House
Springfield Road
Horsham
West Sussex
RH12 2RG

27 August 2026

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	6,857,220		7,442,018
		6,857,220		7,442,018
Current assets
Debtors	4	1,035,433		805,670
Cash at bank and in hand		275,065		371,419
		1,310,498		1,177,089
Creditors: amounts falling due within one year	5	( 1,678,141)		( 1,845,351)
Net current liabilities		(367,643)		(668,262)
Total assets less current liabilities		6,489,577		6,773,756
Creditors: amounts falling due after more than one year	6	( 3,373,715)		( 3,589,341)
Provision for liabilities		( 374,020)		( 493,000)
Net assets		2,741,842		2,691,415
Capital and reserves
Called-up share capital	7	66,855		66,855
Capital redemption reserve		63,145		63,145
Profit and loss account		2,611,842		2,561,415
Total shareholders' funds		2,741,842		2,691,415

For the financial 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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Agora Gynaecology And Fertility Centre Ltd (registered number: 05470318) were approved and authorised for issue by the Board of Directors on 26 August 2026. They were signed on its behalf by:

Dr C Gilling-Smith Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Agora Gynaecology And Fertility Centre Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Agora, 138 Dyke Road, Brighton, West Sussex, BN1 5PA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £1.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	100 years straight line
Leasehold improvements	10 years straight line
Plant and machinery	6 years straight line
Vehicles	6 years straight line
Fixtures and fittings	6 years straight line
Computer equipment	6 years straight line

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	50		48

3. Tangible assets

	Land and buildings		Leasehold improve- ments		Plant and machinery		Vehicles		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£		£		£
Cost
At 01 December 2024	5,493,943		664,783		1,883,555		45,190		2,355,986		284,230		10,727,687
Additions	0		0		102,799		115,269		1,172		4,012		223,252
At 30 November 2025	5,493,943		664,783		1,986,354		160,459		2,357,158		288,242		10,950,939
Accumulated depreciation
At 01 December 2024	626,602		102,931		973,594		32,638		1,333,660		216,244		3,285,669
Charge for the financial year	199,858		66,069		201,028		18,738		303,742		18,615		808,050
At 30 November 2025	826,460		169,000		1,174,622		51,376		1,637,402		234,859		4,093,719
Net book value
At 30 November 2025	4,667,483		495,783		811,732		109,083		719,756		53,383		6,857,220
At 30 November 2024	4,867,341		561,852		909,961		12,552		1,022,326		67,986		7,442,018
Leased assets included above:
Net book value
At 30 November 2025	0		0		148,307		104,062		0		0		252,369
At 30 November 2024	0		0		355,391		0		97,244		0		452,635

4. Debtors

	2025		2024
	£		£
Trade debtors	803,355		644,157
Prepayments	154,253		150,263
Corporation tax	66,575		0
Other debtors	11,250		11,250
	1,035,433		805,670

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans (secured)	134,767		107,906
Trade creditors	534,405		720,563
Accruals and deferred income	446,318		384,683
Corporation tax	233,219		71,228
Other taxation and social security	75,618		54,881
Obligations under finance leases and hire purchase contracts	101,608		196,181
Other creditors	152,206		309,909
	1,678,141		1,845,351

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured)	3,294,973		3,477,616
Obligations under finance leases and hire purchase contracts	78,742		111,725
	3,373,715		3,589,341

Amounts repayable after more than 5 years are included in creditors falling due over one year:

	2025		2024
	£		£
Bank loans (secured / repayable by instalments)	2,660,399		2,868,361

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
34,755 Ordinary A shares of £ 1.00 each (2024: nil shares)	34,755		0
10,700 Ordinary B shares of £ 1.00 each (2024: nil shares)	10,700		0
10,700 Ordinary C shares of £ 1.00 each (2024: nil shares)	10,700		0
10,700 Ordinary D shares of £ 1.00 each (2024: nil shares)	10,700		0
Nil Ordinary shares (2024: 66,855 shares of £ 1.00 each)	0		66,855
	66,855		66,855

8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
Within one year	85,000		85,000
Between one and five years	21,250		106,250
	106,250		191,250

Pensions

The Company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.

	2025		2024
	£		£
Unpaid contributions due to the fund (included in "Other creditors")	7,391		7,049

9. Bank Loan

**Analysis of the maturity of loan is given below**

	2025		2024
	£		£
Amounts falling due within one year	134,767		107,906
Amount falling due 2-5 years	634,574		609,255
Amount falling due after 5 years	2,660,399		2,868,361
	3,429,740		3,585,522

The Company has two bank loans totalling £3,429,740 (2024 - £3,585,522) which are secured by fixed charges over the Company's freehold property.