Registration number: 04074774

Sport and Orthopaedic Clinic (Bristol) Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Sport and Orthopaedic Clinic (Bristol) Ltd

Company Information

Directors

Mr Mark Andrew Crowther Mr John Hardy Mr Anthony Joseph Ward Mr Stephen Hepple Mr William John Harries Mr Mehool Acharya Mr Ian Geoffrey Winson Mr Philip Andrew McCann Mr Iain Nicholas Packham Mr Stephen John Eastaugh-Waring

Company secretary

Mr John Hardy

Registered office

Spire Hospital Redland Hill Durdham Down Bristol BS6 6UT

Accountants

Stone & Co Chartered Accountants 2 Charnwood House Marsh Road Ashton Bristol BS3 2NA

Sport and Orthopaedic Clinic (Bristol) Ltd

(Registration number: 04074774)
Balance Sheet as at 28 February 2026

	Note	2026 £		2025 £
Fixed assets
Tangible assets	4		11,926	17,038
Investment property	5		257,967	539,111
			269,893	556,149
Current assets
Debtors	6	334,655		346,963
Cash at bank and in hand		77,446		20,627
		412,101		367,590
Creditors: Amounts falling due within one year	7	(389,037)		(453,408)
Net current assets/(liabilities)			23,064	(85,818)
Total assets less current liabilities			292,957	470,331
Creditors: Amounts falling due after more than one year	7		(29,728)	(288,227)
Net assets			263,229	182,104
Capital and reserves
Called up share capital		200		200
Share premium reserve		52,753		52,753
Retained earnings		210,276		129,151
Shareholders' funds			263,229	182,104

For the financial year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 September 2026 and signed on its behalf by:
 

Sport and Orthopaedic Clinic (Bristol) Ltd

(Registration number: 04074774)
Balance Sheet as at 28 February 2026

.........................................

Mr John Hardy
Company secretary and director

.........................................

Mr William John Harries
Director

Sport and Orthopaedic Clinic (Bristol) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Spire Hospital
Redland Hill
Durdham Down
Bristol
BS6 6UT

These financial statements were authorised for issue by the Board on 7 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Sport and Orthopaedic Clinic (Bristol) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and Machinery	25% Reducing Balance
Fixtures and Fittings	25% Reducing Balance
Computer Equipment	33% Straight Line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Sport and Orthopaedic Clinic (Bristol) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (excluding directors) during the year, was 8 (2025 - 8).

Sport and Orthopaedic Clinic (Bristol) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 March 2025	28,512	16,609	109,755	154,876
Additions	-	-	4,754	4,754
At 28 February 2026	28,512	16,609	114,509	159,630
Depreciation
At 1 March 2025	28,232	16,435	93,171	137,838
Charge for the year	280	174	9,412	9,866
At 28 February 2026	28,512	16,609	102,583	147,704
Carrying amount
At 28 February 2026	-	-	11,926	11,926
At 28 February 2025	280	174	16,584	17,038

5	Investment properties

	2026 £
At 1 March	539,111
Disposals	(281,144)
At 28 February	257,967

There has been no valuation of investment property by an independent valuer.

6

Debtors

Current	2026 £	2025 £
Trade debtors	124,810	152,592
Prepayments	1,248	1,420
Other debtors	208,597	192,951
	334,655	346,963

Sport and Orthopaedic Clinic (Bristol) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings		9,936	9,936
Trade creditors		5,074	1,399
Taxation and social security		14,499	3,746
Accruals and deferred income		20,867	33,054
Other creditors		338,661	405,273
		389,037	453,408

The bank loan is secured via a fixed and floating charge over the assets of the company.

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings		29,728	288,227

The bank loan is secured via a fixed and floating charge over the assets of the company.

Sport and Orthopaedic Clinic (Bristol) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

8	Related party transactions

The company was under the control of J R W Hardy, W J Harries, I G Winson, S Hepple, A J Ward, M Crowther, I Packham, M Acharya, S Eastaugh-Waring and P McCann throughout the current and previous year.

Each of the above own 10% of the ordinary shares.

Back in year ended 28 February 2015 some of the directors made loans to the company on which interest was charged at 4.75% per annum with no fixed repayment terms. These loans have been repaid in the year.

At the balance sheet date, the total due to directors was £nil (2025: £248,000).