REGISTERED NUMBER: 07859523 (England and Wales)

Financial Statements for the Year Ended 31 March 2026

for

The Mapleleaf Practice Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

E J Storey

Ms S J Nicholas

REGISTERED OFFICE:

The Beeches

Station Road

Knaresborough

North Yorkshire

HG5 9AA

REGISTERED NUMBER:

07859523 (England and Wales)

ACCOUNTANTS:

Richard Smedley Limited

Chartered Accountants & Registered Auditors

Richmond House

Lawnswood Business Park

Redvers Close

Leeds

West Yorkshire

LS16 6QY

FIXED ASSETS

Intangible assets

4

106,819

124,873

Tangible assets

5

159,146

149,590

265,965

274,463

CURRENT ASSETS

Stocks

10,100

10,226

Debtors

6

97,939

85,540

Cash at bank and in hand

282,878

411,677

390,917

507,443

CREDITORS

Amounts falling due within one year

7

47,510

127,471

NET CURRENT ASSETS

343,407

379,972

TOTAL ASSETS LESS CURRENT LIABILITIES

609,372

654,435

CREDITORS

Amounts falling due after more than one year

8

(23,299

)

(28,078

)

PROVISIONS FOR LIABILITIES

(20,895

)

(23,489

)

NET ASSETS

565,178

602,868

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

565,078

602,768

SHAREHOLDERS' FUNDS

565,178

602,868

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2026 and were signed on its behalf by:

E J Storey - Director

1.	STATUTORY INFORMATION

The Mapleleaf Practice Ltd 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.

Turnover

Turnover represents net invoiced sales of services excluding value added tax. Revenue is recognised when the company obtains the right to receive consideration for services provided.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

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

Basic financial instruments are recognised at amortised cost. Derivative financial instruments are initially recorded at cost and thereafter at fair value with charges recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 9 (2025 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

361,078

AMORTISATION

At 1 April 2025

236,205

Charge for year

18,054

At 31 March 2026

254,259

NET BOOK VALUE

At 31 March 2026

106,819

At 31 March 2025

124,873

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

250,445

102,605

23,454

376,504

Additions

14,945

57,906

1,999

74,850

Disposals

-

(62,155

)

-

(62,155

)

At 31 March 2026

265,390

98,356

25,453

389,199

DEPRECIATION

At 1 April 2025

160,559

46,046

20,309

226,914

Charge for year

15,725

28,617

1,286

45,628

Eliminated on disposal

-

(42,489

)

-

(42,489

)

At 31 March 2026

176,284

32,174

21,595

230,053

NET BOOK VALUE

At 31 March 2026

89,106

66,182

3,858

159,146

At 31 March 2025

89,886

56,559

3,145

149,590

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2025

102,605

Disposals

(62,155

)

At 31 March 2026

40,450

DEPRECIATION

At 1 April 2025

46,046

Charge for year

14,140

Eliminated on disposal

(42,489

)

At 31 March 2026

17,697

NET BOOK VALUE

At 31 March 2026

22,753

At 31 March 2025

56,559

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Other debtors

97,939

85,540

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts (see note 9)

4,779

5,675

Taxation and social security

15,879

40,931

Other creditors

26,852

80,865

47,510

127,471

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts (see note 9)

23,299

28,078

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.26

31.3.25

£

£

Net obligations repayable:

Within one year

4,779

5,675

Between one and five years

23,299

28,078

28,078

33,753

Non-cancellable

operating leases

31.3.26

31.3.25

£

£

Within one year

13,500

13,500

Between one and five years

54,000

54,000

In more than five years

81,625

95,125

149,125

162,625

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

E J Storey and Ms S J Nicholas

Balance outstanding at start of year

-

45,519

Amounts advanced

15,777

39,106

Amounts repaid

-

(84,625

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

15,777

-

Directors loan account is repayable on demand.