Glasgow Foot Clinic Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: SC599811 (Scotland)

Financial Statements for the Year Ended 30 June 2026

for

Glasgow Foot Clinic Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C Murray

L Halliday

SECRETARY:

REGISTERED OFFICE:

3 Abbot Street

Glasgow

G41 3XE

REGISTERED NUMBER:

SC599811 (Scotland)

ACCOUNTANT:

Alan Carmichael C.A.

1/2

69 Clouston Street

Glasgow

G20 8QW

FIXED ASSETS

Tangible assets

4

837

1,117

CURRENT ASSETS

Stocks

1,000

Debtors

5

8,397

4,033

Cash at bank

24,661

23,830

34,058

28,863

CREDITORS

Amounts falling due within one year

6

24,920

21,658

NET CURRENT ASSETS

9,138

7,205

TOTAL ASSETS LESS CURRENT
LIABILITIES

9,975

8,322

CREDITORS

Amounts falling due after more than one
year

7

7,453

10,007

NET ASSETS/(LIABILITIES)

2,522

(1,685

)

CAPITAL AND RESERVES

Called up share capital

4

Retained earnings

2,518

(1,689

)

SHAREHOLDERS' FUNDS

2,522

(1,685

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2026 and were signed on its behalf by:

L Halliday - Director

Mrs C Murray - Director

1.	STATUTORY INFORMATION

Glasgow Foot Clinic 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.

Turnover

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

Tangible fixed assets

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

Stocks

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

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 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2025

and 30 June 2026

5,443

DEPRECIATION

At 1 July 2025

4,326

Charge for year

280

At 30 June 2026

4,606

NET BOOK VALUE

At 30 June 2026

837

At 30 June 2025

1,117

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

Trade debtors

-

636

Other debtors

8,397

3,397

8,397

4,033

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

Trade creditors

1,144

1,143

Taxation and social security

18,960

15,699

Other creditors

4,816

24,920

21,658

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.6.26

30.6.25

£

Other creditors

7,453

10,007

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2026 and 30 June 2025:

30.6.26

30.6.25

£

Mrs C Murray

Balance outstanding at start of year

1,292

1,263

Amounts advanced

2,500

29

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

3,792

1,292

L Halliday

Balance outstanding at start of year

1,291

1,262

Amounts advanced

2,500

29

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

3,791

1,291

The £5,000 loans advanced in the year to the directors were repaid on 1 October 2026.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is the directors.

The ultimate controlling party is the directors.