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REGISTERED NUMBER: 09856812 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

CHASESIDE LIMITED

CHASESIDE LIMITED (REGISTERED NUMBER: 09856812)

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


CHASESIDE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: Dr O Argyros





REGISTERED OFFICE: Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE





REGISTERED NUMBER: 09856812 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

CHASESIDE LIMITED (REGISTERED NUMBER: 09856812)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 91,530 122,040
Tangible assets 5 415,582 473,105
507,112 595,145

CURRENT ASSETS
Stocks 18,256 14,940
Debtors 6 17,003 82,262
Cash at bank 92,918 89,663
128,177 186,865
CREDITORS
Amounts falling due within one year 7 167,835 155,875
NET CURRENT (LIABILITIES)/ASSETS (39,658 ) 30,990
TOTAL ASSETS LESS CURRENT
LIABILITIES

467,454

626,135

CREDITORS
Amounts falling due after more than one
year

8

(56,209

)

(241,638

)

PROVISIONS FOR LIABILITIES 9 (103,300 ) (117,500 )
NET ASSETS 307,945 266,997

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 307,845 266,897
SHAREHOLDERS' FUNDS 307,945 266,997

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 her 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.

CHASESIDE LIMITED (REGISTERED NUMBER: 09856812)

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 November 2023 and were signed by:





Dr O Argyros - Director


CHASESIDE LIMITED (REGISTERED NUMBER: 09856812)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Chaseside 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 for the provision of dental services, excluding discounts and rebates.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, 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.

Leasehold property15 years straight line
Plant, machinery and equipment25% on reducing balance
Fixtures and fittings25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
Stocks and work in progress are valued at the lower of cost and estimated selling price, 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 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 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

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

CHASESIDE LIMITED (REGISTERED NUMBER: 09856812)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


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.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 305,100
AMORTISATION
At 1 April 2022 183,060
Charge for year 30,510
At 31 March 2023 213,570
NET BOOK VALUE
At 31 March 2023 91,530
At 31 March 2022 122,040

5. TANGIBLE FIXED ASSETS
Plant,
machinery Fixtures
Leasehold and and
Property equipment fittings Totals
£    £    £    £   
COST
At 1 April 2022 222,225 80,872 205,803 508,900
Additions - 28,297 4,784 33,081
Disposals - (28,960 ) - (28,960 )
At 31 March 2023 222,225 80,209 210,587 513,021
DEPRECIATION
At 1 April 2022 4,131 27,229 4,435 35,795
Charge for year 14,815 12,139 51,239 78,193
Eliminated on disposal - (16,549 ) - (16,549 )
At 31 March 2023 18,946 22,819 55,674 97,439
NET BOOK VALUE
At 31 March 2023 203,279 57,390 154,913 415,582
At 31 March 2022 218,094 53,643 201,368 473,105

CHASESIDE LIMITED (REGISTERED NUMBER: 09856812)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 17,003 18,877
Other debtors - 63,385
17,003 82,262

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 45,576 45,847
Trade creditors 30,319 11,193
Taxation and social security 49,642 2,393
Other creditors 42,298 96,442
167,835 155,875

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 56,209 241,638

Amounts falling due in more than five years:

Repayable by instalments
Bank loans - more than 5 years - 64,222

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 103,300 117,500

Deferred
tax
£   
Balance at 1 April 2022 117,500
Movement in year (14,200 )
Balance at 31 March 2023 103,300