GHCLINIC LTD - Filleted accounts

Registered number

13153851

GHCLINIC LTD

Filleted Accounts

31 January 2026

GHCLINIC LTD
Registered number:		13153851
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		1,128,158			1,128,158
Tangible assets	4		687,321			672,832
			1,815,479			1,800,990

Current assets
Debtors	5	237,499			239,484
Cash at bank and in hand		117,415			58,655
		354,914			298,139

Creditors: amounts falling due within one year	6	(439,401)			(464,894)

Net current liabilities			(84,487)			(166,755)

Total assets less current liabilities			1,730,992			1,634,235

Creditors: amounts falling due after more than one year	7		(1,442,643)			(1,417,871)

Provisions for liabilities			(54,420)			(48,245)


Net assets			233,929			168,119

Capital and reserves
Called up share capital			2			2
Profit and loss account			233,927			168,117

Shareholder's funds			233,929			168,119

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Satvir Singh Atkar
Director
Approved by the board on 30 September 2026

GHCLINIC LTD
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			20% RB
	Freehold buildings			2% on costs
	Motor vehicles			20% SL

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					7		9


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 February 2025							1,128,158
	At 31 January 2026							1,128,158

	Amortisation
	At 31 January 2026							-

	Net book value
	At 31 January 2026							1,128,158
	At 31 January 2025							1,128,158



4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 February 2025	510,481		425,582		-		936,063
	Additions	-		-		73,033		73,033
	At 31 January 2026	510,481		425,582		73,033		1,009,096

	Depreciation
	At 1 February 2025	30,630		232,601		-		263,231
	Charge for the year	10,210		38,596		9,738		58,544
	At 31 January 2026	40,840		271,197		9,738		321,775

	Net book value
	At 31 January 2026	469,641		154,385		63,295		687,321
	At 31 January 2025	479,851		192,981		-		672,832


5	Debtors					2026		2025
£							£

	Trade debtors					34,804		38,289
	Other debtors					202,695		201,195
						237,499		239,484


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					81,238		87,157
	Obligations under finance lease and hire purchase contracts					10,725		-
	Taxation and social security costs					24,571		24,264
	Other creditors					322,867		353,473
						439,401		464,894


7	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					603,333		631,613
	Obligations under finance lease and hire purchase contracts					53,052		-
	Other creditors					786,258		786,258
						1,442,643		1,417,871


8	Other information

	GHCLINIC LTD is a private company limited by shares and incorporated in England. Its registered office is:
	17 Plumbers Row
	Unit 4 C/O Kaiser Nouman Nathan LLP
	London
	England
	E1 1EQ