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Company Registration No. 12541389 (England and Wales)
A.R.M Dental Ltd Unaudited accounts for the year ended 31 March 2023
A.R.M Dental Ltd Unaudited accounts Contents
Page
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A.R.M Dental Ltd Company Information for the year ended 31 March 2023
Director
Dr. Murtuza T Parekh
Company Number
12541389 (England and Wales)
Registered Office
74 Richmond Road Twickenham TW1 3BE England
Accountants
Maknas Accountants Limited 2A Grange Road Romford Essex RM3 7DU
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A.R.M Dental Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
176,000 
198,000 
Tangible assets
264,773 
279,374 
440,773 
477,374 
Current assets
Inventories
3,400 
6,253 
Debtors
1,806 
2,974 
Cash at bank and in hand
38,194 
36,345 
43,400 
45,572 
Creditors: amounts falling due within one year
(15,181)
(12,212)
Net current assets
28,219 
33,360 
Total assets less current liabilities
468,992 
510,734 
Creditors: amounts falling due after more than one year
(506,611)
(521,243)
Net liabilities
(37,619)
(10,509)
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
(37,622)
(10,512)
Shareholders' funds
(37,619)
(10,509)
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 October 2023 and were signed on its behalf by
Dr. Murtuza T Parekh Director Company Registration No. 12541389
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A.R.M Dental Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
A.R.M Dental Ltd is a private company, limited by shares, registered in England and Wales, registration number 12541389. The registered office is 74 Richmond Road, Twickenham, TW1 3BE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates. Turnover from dental services is recognised when the work is completed. Turnover from retail sales is recognised on delivery of goods.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over life of the lease
Plant & machinery
25% Reducing balance
Fixtures & fittings
25% Reducing balance
Computer equipment
25% Reducing balance
Goodwill
Goodwill are included at cost less accumulated amortisation. Goodwill is being written down over 10 years.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Going concern
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
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A.R.M Dental Ltd Notes to the Accounts for the year ended 31 March 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
220,000 
At 31 March 2023
220,000 
Amortisation
At 1 April 2022
22,000 
Charge for the year
22,000 
At 31 March 2023
44,000 
Net book value
At 31 March 2023
176,000 
At 31 March 2022
198,000 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2022
194,227 
87,028 
20,000 
10,548 
311,803 
Additions
- 
- 
13,973 
- 
13,973 
At 31 March 2023
194,227 
87,028 
33,973 
10,548 
325,776 
Depreciation
At 1 April 2022
3,035 
21,757 
5,000 
2,637 
32,429 
Charge for the year
3,035 
16,318 
7,243 
1,978 
28,574 
At 31 March 2023
6,070 
38,075 
12,243 
4,615 
61,003 
Net book value
At 31 March 2023
188,157 
48,953 
21,730 
5,933 
264,773 
At 31 March 2022
191,192 
65,271 
15,000 
7,911 
279,374 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,806 
2,974 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
14,471 
10,885 
Taxes and social security
710 
- 
Accruals
- 
1,327 
15,181 
12,212 
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A.R.M Dental Ltd Notes to the Accounts for the year ended 31 March 2023
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
389,630 
399,385 
Loans from directors
116,981 
121,858 
506,611 
521,243 
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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