New Life Teeth Manchester Limited Filleted Accounts Cover
New Life Teeth Manchester Limited
Company No. SC747641
Information for Filing with The Registrar
30 April 2023
New Life Teeth Manchester Limited Directors Report Registrar
The Directors present their report and the accounts for the period ended 30 April 2023.
Principal activities
The principal activity of the company during the period under review was the provision of dental implant solutions and other dental services.
Directors
The Directors who served at any time during the period were as follows:
S.D. Lutton
Y. Lutton
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
S.D. Lutton
Director
21 February 2024
New Life Teeth Manchester Limited Balance Sheet Registrar
at
30 April 2023
Company No.
SC747641
Notes
2023
£
Fixed assets
Tangible assets
4
684,181
684,181
Current assets
Debtors
5
20,870
Cash at bank and in hand
1
20,871
Creditors: Amount falling due within one year
6
(465,517)
Net current liabilities
(444,646)
Total assets less current liabilities
239,535
Creditors: Amounts falling due after more than one year
7
(253,697)
Net liabilities
(14,162)
Capital and reserves
Called up share capital
1
Profit and loss account
9
(14,163)
Total equity
(14,162)
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the period ended 30 April 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 21 February 2024
And signed on its behalf by:
S.D. Lutton
Director
21 February 2024
New Life Teeth Manchester Limited Notes to the Accounts Registrar
for the period ended 30 April 2023
1
General information
Its registered number is: SC747641
Its registered office is:
Its trading address is:
C/O Philip Bald Accountancy
Suite 2 Ground Floor
3B Ormiston Terrace
Parkway Business Center
Edinburgh
Princess Road
Manchester
EH12 7SJ
M14 7HR
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.
Going concern
Whilst there is a deficit on reserves, the director and associated companies will continue to support the working capital requirements of the company.
2
Accounting policies
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Plant and machinery
14% straight line
Furniture, fittings and equipment
10% straight line
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Leased assets
Where the company enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to the Company are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the Company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the Company's policy on borrowing costs (see the accounting policy above).

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term.

In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.
3
Employees
2023
Number
The average monthly number of employees (including directors) during the period:
0
4
Tangible fixed assets
Plant and machinery
Fixtures, fittings and equipment
Total
£
£
£
Cost or revaluation
Additions
295,980388,201684,181
At 30 April 2023
295,980388,201684,181
Depreciation
Net book values
At 30 April 2023
295,980388,201684,181
5
Debtors
2023
£
Deferred tax asset
4,385
Prepayments and accrued income
16,485
20,870
6
Creditors:
amounts falling due within one year
2023
£
Obligations under finance lease and hire purchase contracts
42,283
Other creditors
414,895
Accruals and deferred income
8,339
465,517
7
Creditors:
amounts falling due after more than one year
2023
£
Obligations under finance lease and hire purchase contracts
253,697
253,697
Liabilities repayable in more than five years after the balance sheet date
Amount repayable by instalments
84,566
84,566
8
Share Capital
On incorporation the company issued 1 ordinary £1 share at par.
9
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
10
Guarantees and commitments
2023
£
Total of guarantees and commitments
48,972
The company has a 10 year lease on the trading premises, with an annual rent of £48,972 payable to the landlord.
11
Related party disclosures
Transactions with related parties
Included in other creditors is £79,407 due to an associated company, Belfast Dental Implant Clinic Ltd.
The funds provided are to help support the working capital requirements of the company.
Parent Company
The name of the parent company is:
New Life Teeth Holdings Limited
The parent's registered office address is:
745 Lisburn Road
Belfast
BT9 7GW
New Life Teeth Manchester LimitedSC74764130 April 202318 October 2022false21 February 2024BTCSoftware AP Solution 2023 10.4.0310.4.03trueSC7476412022-10-182023-04-30SC7476412023-04-30SC747641core:WithinOneYear2023-04-30SC747641core:AfterOneYear2023-04-30SC747641core:ShareCapital2023-04-30SC747641core:RetainedEarningsAccumulatedLosses2023-04-30SC747641bus:RegisteredOffice2022-10-182023-04-30SC747641core:PlantMachinery2022-10-182023-04-30SC747641core:FurnitureFittingsToolsEquipment2022-10-182023-04-30SC747641core:PlantMachinery2023-04-30SC747641core:FurnitureFittingsToolsEquipment2023-04-30SC747641core:MoreThanFiveYears2023-04-30SC747641core:RetainedEarningsAccumulatedLosses2022-10-182023-04-30SC7476412022-10-18SC747641bus:SmallEntities2022-10-182023-04-30SC747641bus:FullAccounts2022-10-182023-04-30SC747641bus:AuditExempt-NoAccountantsReport2022-10-182023-04-30SC747641bus:Director12022-10-182023-04-30SC747641bus:PrivateLimitedCompanyLtd2022-10-182023-04-30iso4217:GBPxbrli:pure