Registered number
12650717
Mint Dental Hygiene Ltd
Unaudited Filleted Accounts
30 June 2023
Mint Dental Hygiene Ltd
Registered number: 12650717
Balance Sheet
as at 30 June 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 63,623 62,322
Current assets
Debtors 4 4,050 3,596
Investments held as current assets 5 5,000 5,000
Cash at bank and in hand 38,267 21,654
47,317 30,250
Creditors: amounts falling due within one year 6 (84,511) (79,977)
Net current liabilities (37,194) (49,727)
Total assets less current liabilities 26,429 12,595
Provisions for liabilities (12,088) (11,841)
Net assets 14,341 754
Capital and reserves
Called up share capital 100 100
Profit and loss account 14,241 654
Shareholders' funds 14,341 754
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D Proctor
Director
Approved by the board on 2 January 2024
Mint Dental Hygiene Ltd
Notes to the Accounts
for the year ended 30 June 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 20% on written down value
Fixtures, fittings, tools and equipment 20% on written down value
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2022 87,735
Additions 17,208
At 30 June 2023 104,943
Depreciation
At 1 July 2022 25,413
Charge for the year 15,907
At 30 June 2023 41,320
Net book value
At 30 June 2023 63,623
At 30 June 2022 62,322
4 Debtors 2023 2022
£ £
Trade debtors 1,435 1,496
Other debtors 2,615 2,100
4,050 3,596
5 Investments held as current assets 2023 2022
£ £
Fair value
Listed investments 5,000 5,000
6 Creditors: amounts falling due within one year 2023 2022
£ £
Non-equity preference shares 7,959 11,737
Taxation and social security costs 899 -
Other creditors 75,653 68,240
84,511 79,977
7 Other information
Mint Dental Hygiene Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Unit 2 Carr House Business Centre
Carr House Lane
Bretherton
Leyland
PR26 9AR
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