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REGISTERED NUMBER: 07484264 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

FOR

LEADING DENTAL IMPLANTS LIMITED

LEADING DENTAL IMPLANTS LIMITED (REGISTERED NUMBER: 07484264)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LEADING DENTAL IMPLANTS LIMITED

COMPANY INFORMATION
for the Year Ended 31st March 2023







DIRECTOR: Mr Rizwan Anwaar Syed





SECRETARY: Mrs Rhahat Syed





REGISTERED OFFICE: 13 Woodgate Avenue
Northaw
Potters Bar
EN6 4EW





REGISTERED NUMBER: 07484264 (England and Wales)





ACCOUNTANTS: KJG
100 Barbirolli Square
Manchester
M2 3BD

LEADING DENTAL IMPLANTS LIMITED (REGISTERED NUMBER: 07484264)

BALANCE SHEET
31st March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 891 1,113
891 1,113

CURRENT ASSETS
Debtors 6 41,316 99,958
Cash at bank 579,684 375,328
621,000 475,286
CREDITORS
Amounts falling due within one year 7 (590,511 ) (436,994 )
NET CURRENT ASSETS 30,489 38,292
TOTAL ASSETS LESS CURRENT LIABILITIES 31,380 39,405

CREDITORS
Amounts falling due after more than one year 8 (28,270 ) (38,079 )
NET ASSETS 3,110 1,326

CAPITAL AND RESERVES
Called up share capital 9 101 101
Retained earnings 3,009 1,225
SHAREHOLDERS' FUNDS 3,110 1,326

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

LEADING DENTAL IMPLANTS LIMITED (REGISTERED NUMBER: 07484264)

BALANCE SHEET - continued
31st 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 Profit And Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28th March 2024 and were signed by:





Mr Rizwan Anwaar Syed - Director


LEADING DENTAL IMPLANTS LIMITED (REGISTERED NUMBER: 07484264)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2023


1. STATUTORY INFORMATION

Leading Dental Implants Limited is a private company, limited by shares, registered in England and Wales, registration number 07484264. The address of the registered office and principal place of business is 13 Woodgate Avenue, Northaw, Potters Bar, EN6 4EW .

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 represents amounts in respect of the provision of dental services to individuals and is recognised as the service is provided. Turnover is exclusive of value added tax where applicable.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, was amortised evenly over its estimated useful life of 5 years.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation on tangible fixed assets is charged to the profit and loss so as to write off their value, over their estimated useful lives, using the following methods:

Plant and machinery-20% reducing balance basis
Computer equipment-20% reducing balance basis

At each balance sheet date, the Company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items of tangible fixed assets 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, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

LEADING DENTAL IMPLANTS LIMITED (REGISTERED NUMBER: 07484264)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2023


2. ACCOUNTING POLICIES - continued

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 except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2022
and 31st March 2023 400,000
AMORTISATION
At 1st April 2022
and 31st March 2023 400,000
NET BOOK VALUE
At 31st March 2023 -
At 31st March 2022 -

LEADING DENTAL IMPLANTS LIMITED (REGISTERED NUMBER: 07484264)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2023


5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st April 2022
and 31st March 2023 860 1,639 2,499
DEPRECIATION
At 1st April 2022 778 608 1,386
Charge for year 16 206 222
At 31st March 2023 794 814 1,608
NET BOOK VALUE
At 31st March 2023 66 825 891
At 31st March 2022 82 1,031 1,113

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 41,316 99,958

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,808 9,566
Trade creditors 129,320 80,000
Taxation and social security 419,633 338,877
Other creditors 31,750 8,551
590,511 436,994

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 28,270 38,079

LEADING DENTAL IMPLANTS LIMITED (REGISTERED NUMBER: 07484264)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2023


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
101 Ordinary £1.00 101 101

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2023 and 31st March 2022:

2023 2022
£    £   
Mr Rizwan Anwaar Syed
Balance outstanding at start of year 99,958 (12,979 )
Amounts advanced 629,525 852,913
Amounts repaid (688,167 ) (739,976 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 41,316 99,958

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr Rizwan Anwaar Syed.