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REGISTERED NUMBER: 09898082 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Warwick Park Dental Surgery Limited

Warwick Park Dental Surgery Limited (Registered number: 09898082)






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


Warwick Park Dental Surgery Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mr U L N Joseph Perera



REGISTERED OFFICE: Unit 3 Cedar Court
1 Royal Oak Yard
London
SE1 3GA



REGISTERED NUMBER: 09898082 (England and Wales)



ACCOUNTANTS: ElanTax.com
Unit 3 Cedar Court
1 Royal Oak Yard
London
SE1 3GA



BANKER: Barclays Bank plc
Turnbridge Wells
Leicestershire
LE87 2BB

Warwick Park Dental Surgery Limited (Registered number: 09898082)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 217,725 290,300
Tangible assets 5 1,048,175 965,616
1,265,900 1,255,916

CURRENT ASSETS
Stocks 5,942 6,360
Debtors 6 13,301 10,889
Cash at bank and in hand 621,016 680,100
640,259 697,349
CREDITORS
Amounts falling due within one year 7 240,784 263,610
NET CURRENT ASSETS 399,475 433,739
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,665,375

1,689,655

CREDITORS
Amounts falling due after more than one
year

8

1,527,981

1,598,201
NET ASSETS 137,394 91,454

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 137,194 91,254
SHAREHOLDERS' FUNDS 137,394 91,454

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 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.

Warwick Park Dental Surgery Limited (Registered number: 09898082)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 October 2023 and were signed by:





Mr U L N Joseph Perera - Director


Warwick Park Dental Surgery Limited (Registered number: 09898082)

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

1. STATUTORY INFORMATION

Warwick Park Dental Surgery 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
Fees receivable 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 2016, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% 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.

Taxation
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.

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 (2022 - 12 ) .

Warwick Park Dental Surgery Limited (Registered number: 09898082)

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 725,749
AMORTISATION
At 1 April 2022 435,449
Amortisation for year 72,575
At 31 March 2023 508,024
NET BOOK VALUE
At 31 March 2023 217,725
At 31 March 2022 290,300

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2022 1,015,865 154,974 22,345
Additions - 48,192 22,896
At 31 March 2023 1,015,865 203,166 45,241
DEPRECIATION
At 1 April 2022 121,693 102,485 8,989
Charge for year 20,317 20,136 5,438
At 31 March 2023 142,010 122,621 14,427
NET BOOK VALUE
At 31 March 2023 873,855 80,545 30,814
At 31 March 2022 894,172 52,489 13,356

Warwick Park Dental Surgery Limited (Registered number: 09898082)

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 - 31,206 1,224,390
Additions 76,600 7,157 154,845
At 31 March 2023 76,600 38,363 1,379,235
DEPRECIATION
At 1 April 2022 - 25,607 258,774
Charge for year 19,150 7,245 72,286
At 31 March 2023 19,150 32,852 331,060
NET BOOK VALUE
At 31 March 2023 57,450 5,511 1,048,175
At 31 March 2022 - 5,599 965,616

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 13,301 8,849
Prepayments - 2,040
13,301 10,889

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts (see note 9) 102,422 102,422
Hire purchase contracts - 5,026
Trade creditors 56,207 60,748
Tax 50,720 63,802
Pension control 605 700
Associate control 24,070 17,675
Directors' current accounts 425 854
Accrued expenses 6,335 12,383
240,784 263,610

8. CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans (see note 9) 1,494,644 1,554,864
Other loans (see note 9) 33,337 43,337
1,527,981 1,598,201

Warwick Park Dental Surgery Limited (Registered number: 09898082)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.3.23 31.3.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans 1,084,953 1,145,173

9. LOANS

An analysis of the maturity of loans is given below:

31.3.23 31.3.22
£    £   
Amounts falling due within one year or on demand:
Bank loans 102,422 102,422

Amounts falling due between one and two years:
Bank loans 102,423 102,423

Amounts falling due between two and five years:
Bank loans 307,268 307,268
Bounce back loan 33,337 43,337
340,605 350,605

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 1,084,953 1,145,173

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
Mr U L N Joseph Perera
Balance outstanding at start of year (854 ) (38 )
Amounts advanced 5,152 6,121
Amounts repaid (4,723 ) (6,937 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (425 ) (854 )