For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year in question 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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

East Devon Health Limited is a private company limited by shares incorporated in England and Wales. The registered office is 17 - 18 Leach Road, Chard Business Park, Chard, Somerset, TA20 1FA.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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 financial instruments at fair value]. The principal accounting policies adopted are set out below.

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

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 current liabilities.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The average monthly number of persons (including directors) employed by the company during the year was:

Dividends totalling £0 (2025 - £0) were paid in the year in respect of shares held by the company's directors.

During the year the company paid Woodbury Surgery £38,856 (2025: £34,656) for services. Dr E Crawford the director is a partner in Woodbury Surgery. These transactions have been undertaken at arms length and as at 31 March 2026 £2,816 (2025: £3,596) was owed to the practice interest free.

During the year the company paid Rolle Medical Partnership £215,964 (2025: £208,443) for services. Dr J Stilgoe the director is a partner in Rolle Medical Partnership. These transactions have been undertaken at arms length and as at 31 March 2026 £18,400 (2025: £17,328) was owed to the practice interest free.

During the year the company paid Budleigh Medical Practice £75,362 (2025: £67,937) for services. Dr B Taylor and formerly Dr B Hallmark are partners in Budleigh Medical Practice. These transactions have been undertaken at arms length and as at 31 March 2026 £6,912 (2025: £5,800) was owed to the practice interest free.

During the year the company paid Haldon House Surgery £48,170 (2025: £44,805) for services. Dr C Bowen the director is a partner in Haldon House Surgery. These transactions have been undertaken at arms length and as at 31 March 2026 £4,800 (2025: £4,205) was owed to the practice interest free.

During the year the company paid Imperial Surgery £52,642 (2025: £44,551) for services. Dr Dr J Moffat, the director, is the partner in Imperial Surgery. These transactions have been undertaken at arms length and as at 31 March 2026 £3,872 (2025: £3,625) was owed to the practice interest free.

During the year the company paid Honiton Surgery £144,043 (2025 : £130,182) for services. Dr C Moody and formerly Dr J Button the directors are partners in Honiton Surgery. These transactions have been undertaken at arms length and as at 31 March 2026 £12,544 (2025: £9,847) was owed to the practice interest free.

During the year the company paid Axminster Medical Practice £108,974 (2025: £100,094) for services. Dr L Crosby the director is a partner in Axminster Medical Practice. These transactions have been undertaken at arms length and as at 31 March 2026 £8,448 (2025: £7,308) was owed to the practice interest free.

During the year the company paid Coleridge Medical Centre £111,419 (2025: £101,379) for services. Dr S Kerr the director is a partner in Coleridge Medical Centre. These transactions have been undertaken at arms length and as at 31 March 2026 £10,432 (2025: £8,204) was owed to the practice interest free.

During the year the company paid Townsend House Medical Centre £45,965 (2025: £46,181) for services. Dr D Harris the director is a partner in Townsend House Medical Centre. These transactions have been undertaken at arms length and as at 31 March 2026 £3,819 (2025: £4,031) was owed to the practice interest free.

During the year the company paid Seaton & Colyton Medical Practice £83,216 (2025: £75,096) for services. Dr Isobel Eaton the director is a partner in Seaton & Colyton Medical Practice. These transactions have been undertaken at arms length and as at 31 March 2026 £7,616 (2025: £6,641) was owed to the practice interest free.

During the year the company paid Sid Valley Practice £134,566 (2025: £126,694) for services. Dr J Stych the director is a partner in Sid Valley Practice. These transactions have been undertaken at arms length and as at 31 March 2026 £11,840 (2025: £12,434) was owed to the practice interest free.