REGISTERED NUMBER: 05086513 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Newland Chiropractic and Neurology

Centre Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Barnes Heath

REGISTERED OFFICE:

82 Newland

Lincoln

LN1 1YA

REGISTERED NUMBER:

05086513 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

108,574

111,127

108,574

111,127

CURRENT ASSETS

Stocks

9,277

10,489

Debtors

6

2,699

19,069

Cash at bank and in hand

20,062

46,713

32,038

76,271

CREDITORS

Amounts falling due within one year

7

26,486

47,750

NET CURRENT ASSETS

5,552

28,521

TOTAL ASSETS LESS CURRENT LIABILITIES

114,126

139,648

CREDITORS

Amounts falling due after more than one year

8

(26,158

)

(43,249

)

PROVISIONS FOR LIABILITIES

(20,505

)

(27,591

)

NET ASSETS

67,463

68,808

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

67,363

68,708

SHAREHOLDERS' FUNDS

67,463

68,808

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 director acknowledges his 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 director and authorised for issue on 21 October 2026 and were signed by:

D Barnes Heath - Director

1.	STATUTORY INFORMATION

Newland Chiropractic and Neurology Centre Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Goodwill

The cost of goodwill is being written off on a 10% straight line basis.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Short leasehold

-

15% on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

15% 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

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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 9 (2025 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

162,614

AMORTISATION

At 1 April 2025

and 31 March 2026

162,614

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

9,165

145,979

106,696

16,057

277,897

Additions

-

5,211

2,940

7,506

15,657

At 31 March 2026

9,165

151,190

109,636

23,563

293,554

DEPRECIATION

At 1 April 2025

8,405

86,313

66,280

5,772

166,770

Charge for year

114

9,167

6,447

2,482

18,210

At 31 March 2026

8,519

95,480

72,727

8,254

184,980

NET BOOK VALUE

At 31 March 2026

646

55,710

36,909

15,309

108,574

At 31 March 2025

760

59,666

40,416

10,285

111,127

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

306

-

Other debtors

2,393

19,069

2,699

19,069

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

5,556

5,556

Hire purchase contracts

11,540

12,080

Taxation and social security

6,167

26,071

Other creditors

3,223

4,043

26,486

47,750

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

17,758

23,309

Hire purchase contracts

8,400

19,940

26,158

43,249

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

-

1,086

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bounce Back Loan

23,314

28,864

Hire Purchase

19,940

32,020

43,254

60,884

The Bounce Back Loan scheme is secured against a guarantee from the Government in which the Government guarantees the repayment of the loan if the client was to default on this loan.

Hire purchase liabilities are secured against the asset to which they relate.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100