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REGISTERED NUMBER: SC418806 (Scotland)














Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Integrated Dentalcare Limited

Integrated Dentalcare Limited (Registered number: SC418806)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Integrated Dentalcare Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Dr N Puri
Mrs A Puri





SECRETARY: Mrs A Puri





REGISTERED OFFICE: 1 Manor Place
Edinburgh
EH3 7DH





REGISTERED NUMBER: SC418806 (Scotland)





ACCOUNTANTS: Dental Accountants Scotland Ltd
Specialist Dental Accountants & Advisors
Cornerstone House
Station Road
Selkirk
Borders
TD7 5DJ

Integrated Dentalcare Limited (Registered number: SC418806)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 292,200 316,550
Tangible assets 5 390,067 355,346
682,267 671,896

CURRENT ASSETS
Stocks 36,871 38,749
Debtors 6 171,862 162,986
Cash at bank and in hand 680,590 705,462
889,323 907,197
CREDITORS
Amounts falling due within one year 7 272,619 279,545
NET CURRENT ASSETS 616,704 627,652
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,298,971

1,299,548

CREDITORS
Amounts falling due after more than one year 8 - (246,319 )

PROVISIONS FOR LIABILITIES (96,686 ) -
NET ASSETS 1,202,285 1,053,229

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 1,201,285 1,052,229
SHAREHOLDERS' FUNDS 1,202,285 1,053,229

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

Integrated Dentalcare Limited (Registered number: SC418806)

Balance Sheet - continued
31 March 2023


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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 September 2023 and were signed on its behalf by:





Dr N Puri - Director


Integrated Dentalcare Limited (Registered number: SC418806)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Integrated Dentalcare Limited is a private company, limited by shares , registered in Scotland. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of twenty years.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 10% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% on cost

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

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2022 - 20 ) .

Integrated Dentalcare Limited (Registered number: SC418806)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 1,125,480
AMORTISATION
At 1 April 2022 808,930
Amortisation for year 24,350
At 31 March 2023 833,280
NET BOOK VALUE
At 31 March 2023 292,200
At 31 March 2022 316,550

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2022 158,808 573,571 38,213
Additions 2,675 98,143 7,246
At 31 March 2023 161,483 671,714 45,459
DEPRECIATION
At 1 April 2022 62,623 343,587 34,125
Charge for year 16,149 77,075 2,730
At 31 March 2023 78,772 420,662 36,855
NET BOOK VALUE
At 31 March 2023 82,711 251,052 8,604
At 31 March 2022 96,185 229,984 4,088

Integrated Dentalcare Limited (Registered number: SC418806)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2022 - 92,624 863,216
Additions 5,571 27,819 141,454
At 31 March 2023 5,571 120,443 1,004,670
DEPRECIATION
At 1 April 2022 - 67,535 507,870
Charge for year 1,114 9,665 106,733
At 31 March 2023 1,114 77,200 614,603
NET BOOK VALUE
At 31 March 2023 4,457 43,243 390,067
At 31 March 2022 - 25,089 355,346

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 April 2022
and 31 March 2023 92,665
DEPRECIATION
At 1 April 2022 51,737
Charge for year 16,555
At 31 March 2023 68,292
NET BOOK VALUE
At 31 March 2023 24,373
At 31 March 2022 40,928

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 21,490 14,442
Other debtors 144,097 144,097
Prepayments 6,275 4,447
171,862 162,986

Integrated Dentalcare Limited (Registered number: SC418806)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts - 60,383
Hire purchase contracts 3,026 24,674
Trade creditors 132,605 109,821
Tax 61,440 46,097
Social security and other taxes 12,696 8,664
Other creditors 2,121 1,818
Directors' loan accounts 1,185 99
Accrued expenses 59,546 27,989
272,619 279,545

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans - 2-5 years - 234,147
Bank loans more 5 yr by instal - 11,125
Hire purchase contracts - 1,047
- 246,319

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 11,125

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
1,000 Ordinary £1 1,000 1,000

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the company was due the directors £1,185 (2022 - £99). There are no specific repayment terms and no interest has been charged.