Company registration number 01513903 (England and Wales)
ST GEORGE'S HOSPITAL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
PAGES FOR FILING WITH REGISTRAR
ST GEORGE'S HOSPITAL LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Statement of changes in equity
3
Notes to the financial statements
4 - 7
ST GEORGE'S HOSPITAL LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2026
31 January 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
170,854
157,853
Current assets
Stocks
17,929
17,859
Debtors
4
657,189
365,341
Cash at bank and in hand
6,273
18,689
681,391
401,889
Creditors: amounts falling due within one year
5
(578,581)
(507,550)
Net current assets/(liabilities)
102,810
(105,661)
Total assets less current liabilities
273,664
52,192
Provisions for liabilities
(9,860)
(4,375)
Net assets
263,804
47,817
Capital and reserves
Called up share capital
6
2
2
Profit and loss reserves
263,802
47,815
Total equity
263,804
47,817
ST GEORGE'S HOSPITAL LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 JANUARY 2026
31 January 2026
- 2 -

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

The member has 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

The financial statements were approved by the board of directors and authorised for issue on 23 October 2026 and are signed on its behalf by:
Mr I S Jarvis
Director
Company registration number 01513903 (England and Wales)
ST GEORGE'S HOSPITAL LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 JANUARY 2026
- 3 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 1 February 2024
2
48,885
48,887
Year ended 31 January 2025:
Profit and total comprehensive income
-
198,930
198,930
Dividends
-
(200,000)
(200,000)
Balance at 31 January 2025
2
47,815
47,817
Year ended 31 January 2026:
Profit and total comprehensive income
-
215,987
215,987
Balance at 31 January 2026
2
263,802
263,804
ST GEORGE'S HOSPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
- 4 -
1
Accounting policies
Company information

St George's Hospital Limited is a private company limited by shares incorporated in England and Wales. The registered office is Kingsley House, Clapham Road South, Lowestoft, Suffolk, NR32 1QS.

1.1
Accounting convention

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. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents the value of services supplied in the period which is exempt from value added tax.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Motor vehicles
25% on reducing balance
Medical equipment
Varying rates on cost/reducing balance
Office & domestic equipment
Varying rates on cost/reducing balance
Other equipment
Varying rates on cost/reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Stocks

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

1.5
Taxation

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

Current tax

The 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.

ST GEORGE'S HOSPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
1
Accounting policies
(Continued)
- 5 -
Deferred tax

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 the tax assessments.

 

Unrelieved tax losses and other 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.

 

The company's liability for current and deferred tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.6
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.7
Leases
As lessor

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

2
Employees

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

2026
2025
Number
Number
Total
127
130
ST GEORGE'S HOSPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
- 6 -
3
Tangible fixed assets
Motor vehicles
Medical equipment
Office & domestic equipment
Other equipment
Total
£
£
£
£
£
Cost
At 1 February 2025
66,462
165,867
124,860
358,819
716,008
Additions
11,000
5,959
14,395
11,040
42,394
Disposals
-
0
-
0
(11,911)
-
(11,911)
At 31 January 2026
77,462
171,826
127,344
369,859
746,491
Depreciation and impairment
At 1 February 2025
47,364
150,503
89,703
270,585
558,155
Depreciation charged in the year
5,035
5,484
9,123
9,751
29,393
Eliminated in respect of disposals
-
0
-
0
(11,911)
-
(11,911)
At 31 January 2026
52,399
155,987
86,915
280,336
575,637
Carrying amount
At 31 January 2026
25,063
15,839
40,429
89,523
170,854
At 31 January 2025
19,098
15,364
35,157
88,234
157,853
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
331,472
72,278
Amounts owed by group undertakings
199,501
176,618
Other debtors
126,216
116,445
657,189
365,341
5
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
41,378
96,348
Taxation and social security
161,816
144,388
Other creditors
375,387
266,814
578,581
507,550

There is a charge over the assets of the company for the amounts due to parent undertakings.

ST GEORGE'S HOSPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
- 7 -
6
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
2
2
2
2
7
Parent company

The immediate parent company is Dragon Holdings Limited.

 

The ultimate controlling party was T M Russell until 14 July 2026.

 

On 14 July 2026 Dragon Holdings Limited was purchased by Peacock Holdings (2015) Limited. From 14 July 2026 the ultimate controlling party is Thayan Family Office Limited.

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