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REGISTERED NUMBER: 09824626 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2022

for

Im Dental Care Limited

Im Dental Care Limited (Registered number: 09824626)






Contents of the Financial Statements
for the Year Ended 31 October 2022




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Im Dental Care Limited

Company Information
for the Year Ended 31 October 2022







DIRECTORS: Mr M Olszewski
Ms I Radenovic





SECRETARY: Mr M Olszewski





REGISTERED OFFICE: Suite 1
Concept House
23 Billet Lane
Hornchurch
Essex
RM11 1XP





REGISTERED NUMBER: 09824626 (England and Wales)





ACCOUNTANTS: Havard & Associates
Suite 1
Concept House
23 Billet Lane
Hornchurch
Essex
RM11 1XP

Im Dental Care Limited (Registered number: 09824626)

Balance Sheet
31 October 2022

31.10.22 31.10.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 240,000 255,000
Tangible assets 5 4,862 5,325
244,862 260,325

CURRENT ASSETS
Stocks 3,000 2,500
Debtors 6 73,000 -
Cash at bank 322,785 318,913
398,785 321,413
CREDITORS
Amounts falling due within one year 7 157,244 178,646
NET CURRENT ASSETS 241,541 142,767
TOTAL ASSETS LESS CURRENT
LIABILITIES

486,403

403,092

CREDITORS
Amounts falling due after more than one
year

8

(215,497

)

(228,272

)

PROVISIONS FOR LIABILITIES (1,215 ) (1,331 )
NET ASSETS 269,691 173,489

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9 269,591 173,389
SHAREHOLDERS' FUNDS 269,691 173,489

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2022.

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

Im Dental Care Limited (Registered number: 09824626)

Balance Sheet - continued
31 October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2023 and were signed on its behalf by:





Mr M Olszewski - Director


Im Dental Care Limited (Registered number: 09824626)

Notes to the Financial Statements
for the Year Ended 31 October 2022

1. STATUTORY INFORMATION

Im Dental Care 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 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 2019, 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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Im Dental Care Limited (Registered number: 09824626)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2022

2. ACCOUNTING POLICIES - continued

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 6 (2021 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 November 2021
and 31 October 2022 299,999 1 300,000
AMORTISATION
At 1 November 2021 45,000 - 45,000
Charge for year 15,000 - 15,000
At 31 October 2022 60,000 - 60,000
NET BOOK VALUE
At 31 October 2022 239,999 1 240,000
At 31 October 2021 254,999 1 255,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2021 13,727
Additions 1,414
At 31 October 2022 15,141
DEPRECIATION
At 1 November 2021 8,402
Charge for year 1,877
At 31 October 2022 10,279
NET BOOK VALUE
At 31 October 2022 4,862
At 31 October 2021 5,325

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.22 31.10.21
£    £   
Amounts owed by group undertakings 73,000 -

Im Dental Care Limited (Registered number: 09824626)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.22 31.10.21
£    £   
Bank loans and overdrafts 12,000 12,000
Taxation and social security 50,052 60,077
Other creditors 95,192 106,569
157,244 178,646

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.22 31.10.21
£    £   
Bank loans 215,497 228,272

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 167,497 180,272

9. RESERVES
Retained
earnings
£   

At 1 November 2021 173,389
Profit for the year 193,202
Dividends (97,000 )
At 31 October 2022 269,591