Clinetix Grampian Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: SC637127 (Scotland)

Unaudited Financial Statements

For The Year Ended 30 November 2025

for

Clinetix Grampian Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

S S Ravichandran

Mrs E M Ravichandran

REGISTERED OFFICE:

20 Hamilton Road

Bothwell

Glasgow

G71 8NA

REGISTERED NUMBER:

SC637127 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Intangible assets

4

14,000

20,124

Tangible assets

5

-

75,343

14,000

95,467

CURRENT ASSETS

Stocks

-

11,285

Debtors

6

-

6,726

Cash at bank

999

1,733

999

19,744

CREDITORS

Amounts falling due within one year

7

25,545

112,479

NET CURRENT LIABILITIES

(24,546

)

(92,735

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,546

)

2,732

CREDITORS

Amounts falling due after more than one year

8

-

59,633

NET LIABILITIES

(10,546

)

(56,901

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(10,646

)

(57,001

)

(10,546

)

(56,901

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 31 August 2026 and were signed on its behalf by:

Mrs E M Ravichandran - Director

1.	STATUTORY INFORMATION

Clinetix Grampian Ltd is a private company, limited by shares , registered in Scotland. 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.

Management have reviewed the financial position of the business and believe the business will continue for the foreseeable future. Therefore, the accounts have been prepared on the going concern basis.

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 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance and 20% on cost

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and Bank Balances

Cash and bank balances are measured at the transaction price.

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

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 7 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

COST

At 1 December 2024

35,000

5,832

40,832

Disposals

-

(5,832

)

(5,832

)

At 30 November 2025

35,000

-

35,000

AMORTISATION

At 1 December 2024

17,500

3,208

20,708

Charge for year

3,500

-

3,500

Eliminated on disposal

-

(3,208

)

(3,208

)

At 30 November 2025

21,000

-

21,000

NET BOOK VALUE

At 30 November 2025

14,000

-

14,000

At 30 November 2024

17,500

2,624

20,124

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 December 2024

117,716

6,295

2,855

126,866

Disposals

(117,716

)

(6,295

)

(2,855

)

(126,866

)

At 30 November 2025

-

DEPRECIATION

At 1 December 2024

45,749

4,321

1,453

51,523

Eliminated on disposal

(45,749

)

(4,321

)

(1,453

)

(51,523

)

At 30 November 2025

-

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

71,967

1,974

1,402

75,343

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

Trade debtors

-

473

Other debtors

-

6,253

-

6,726

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

Bank loans and overdrafts

5,256

11,053

Finance leases

-

14,132

Trade creditors

2,000

25,550

Amounts owed to group undertakings

15,401

49,313

Taxation and social security

-

5,768

Other creditors

2,888

6,663

25,545

112,479

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

Bank loans

-

4,515

Finance leases

-

55,118

-

59,633

9.	RELATED PARTY DISCLOSURES

Included in creditors are amounts owed to/from related parties at the reporting end date. These are:

£500 (2024 - £15,000) due to Simon Ravichandran Consultancy Ltd

£7,524 (2024 - £-21,584) due from Meet and Teach Glasgow Ltd.

£23,645 (2024 - £16,821) due to Clinetix Rejuvenation (Glasgow) Ltd.

£14,933 (2024 - £14,933) due from Megadodo Holding Ltd.

£10,841 (2024 - £10,841) due to Clinetix Rejuvenation Limited.

£2,871 (2024 - £NIL) due to Aesthetic Medical Research Limited.

The above loans are unsecured, interest free and have no fixed repayment terms.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Clinetix Grampian Ltd for the year ended 30 November 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the Board of Directors of Clinetix Grampian Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Clinetix Grampian Ltd and state those matters that we have agreed to state to the Board of Directors of Clinetix Grampian Ltd, as a body, in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Clinetix Grampian 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 Clinetix Grampian Ltd. You consider that Clinetix Grampian Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Clinetix Grampian 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.

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

31 August 2026