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REGISTERED NUMBER: 07603424 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2021 TO 6 APRIL 2022

FOR

ABBEY ROAD DENTAL PRACTICE LIMITED

ABBEY ROAD DENTAL PRACTICE LIMITED (REGISTERED NUMBER: 07603424)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MAY 2021 TO 6 APRIL 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ABBEY ROAD DENTAL PRACTICE LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 MAY 2021 TO 6 APRIL 2022







DIRECTORS: Dr C M Diamanti
Smileart Limited





REGISTERED OFFICE: 185 Dyke Road
Hove
BN3 1TL





REGISTERED NUMBER: 07603424 (England and Wales)





ACCOUNTANTS: Harford Michaels Kaye Limited
Chartered Certified Accountants
2 Dancastle Court
14 Arcadia Avenue
London
N3 2JU

ABBEY ROAD DENTAL PRACTICE LIMITED (REGISTERED NUMBER: 07603424)

STATEMENT OF FINANCIAL POSITION
6 APRIL 2022

2022 2021
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 20,356 18,406
20,356 18,406

CURRENT ASSETS
Stocks 6 11,271 8,666
Debtors 7 3,346 3,603
Cash at bank and in hand 70,436 74,153
85,053 86,422
CREDITORS
Amounts falling due within one year 8 (28,357 ) (35,333 )
NET CURRENT ASSETS 56,696 51,089
TOTAL ASSETS LESS CURRENT
LIABILITIES

77,052

69,495

PROVISIONS FOR LIABILITIES 9 (3,649 ) (3,231 )
NET ASSETS 73,403 66,264

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 73,303 66,164
SHAREHOLDERS' FUNDS 73,403 66,264

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 6 April 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 6 April 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ABBEY ROAD DENTAL PRACTICE LIMITED (REGISTERED NUMBER: 07603424)

STATEMENT OF FINANCIAL POSITION - continued
6 APRIL 2022


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2022 and were signed on its behalf by:





Dr C M Diamanti - Director


ABBEY ROAD DENTAL PRACTICE LIMITED (REGISTERED NUMBER: 07603424)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MAY 2021 TO 6 APRIL 2022

1. STATUTORY INFORMATION

Abbey Road Dental Practice 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.

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 fees receivable for the period. Vat is not relevant

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/Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life;


Short leasehold - over the period of the lease
Plant and machinery - 25% on cost then on reducing balance
Fixtures and fittings - 25% on cost then on reducing balance
Computer equipment - 25% on cost then on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value. This method is consistent with that used in previous years.

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors loans.

Directors loans (being repayable on demand), are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

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 Income and Retained Earnings.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


ABBEY ROAD DENTAL PRACTICE LIMITED (REGISTERED NUMBER: 07603424)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MAY 2021 TO 6 APRIL 2022

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

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.

Provisions
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and demand 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 to changes in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2021 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Computer
Goodwill software Totals
£    £    £   
COST
At 1 May 2021
and 6 April 2022 75,133 2,160 77,293
AMORTISATION
At 1 May 2021
and 6 April 2022 75,133 2,160 77,293
NET BOOK VALUE
At 6 April 2022 - - -
At 30 April 2021 - - -

ABBEY ROAD DENTAL PRACTICE LIMITED (REGISTERED NUMBER: 07603424)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MAY 2021 TO 6 APRIL 2022

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 May 2021 37,380 51,912 77,503 23,277 190,072
Additions - 3,431 - 4,723 8,154
At 6 April 2022 37,380 55,343 77,503 28,000 198,226
DEPRECIATION
At 1 May 2021 37,380 40,029 72,887 21,370 171,666
Charge for period - 3,577 1,078 1,549 6,204
At 6 April 2022 37,380 43,606 73,965 22,919 177,870
NET BOOK VALUE
At 6 April 2022 - 11,737 3,538 5,081 20,356
At 30 April 2021 - 11,883 4,616 1,907 18,406

6. STOCKS
2022 2021
£    £   
Stocks 11,271 8,666

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 3,346 3,603

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 4,906 21,146
Taxation and social security 17,557 7,887
Other creditors 5,894 6,300
28,357 35,333

9. PROVISIONS FOR LIABILITIES
2022 2021
£    £   
Deferred tax 3,649 3,231

ABBEY ROAD DENTAL PRACTICE LIMITED (REGISTERED NUMBER: 07603424)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MAY 2021 TO 6 APRIL 2022

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 May 2021 3,231
Charge to Statement of Income and Retained Earnings during period 418
Balance at 6 April 2022 3,649

10. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary 1 100 100

11. RELATED PARTY DISCLOSURES

As at the balance sheet date, the company owed the director, Mrs D Toye, the sum of £Nil (2021 - £33).

12. DEBENTURE

There was a Debenture that was created on 9 May 2011 in favour of NatWest Bank. This represented a fixed and floating charge over the assets of the company. A Statement of full satisfaction in relation to this, was filed, on 6 April 2022, with Companies House.