Caseware UK (AP4) 2022.0.179 2022.0.179 false2022-07-01falseDental practice activities6trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12881651 2022-07-01 2023-03-31 12881651 2023-03-31 12881651 2021-10-01 2022-06-30 12881651 2022-06-30 12881651 c:Director1 2022-07-01 2023-03-31 12881651 c:Director2 2022-07-01 2023-03-31 12881651 d:PlantMachinery 2022-07-01 2023-03-31 12881651 d:PlantMachinery 2023-03-31 12881651 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-07-01 2023-03-31 12881651 d:Goodwill 2022-07-01 2023-03-31 12881651 d:Goodwill 2023-03-31 12881651 d:Goodwill 2022-06-30 12881651 d:CurrentFinancialInstruments 2023-03-31 12881651 d:CurrentFinancialInstruments 2022-06-30 12881651 d:Non-currentFinancialInstruments 2023-03-31 12881651 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 12881651 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 12881651 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 12881651 d:Non-currentFinancialInstruments d:AfterOneYear 2022-06-30 12881651 d:ShareCapital 2023-03-31 12881651 d:ShareCapital 2022-06-30 12881651 d:RetainedEarningsAccumulatedLosses 2023-03-31 12881651 d:RetainedEarningsAccumulatedLosses 2022-06-30 12881651 c:FRS102 2022-07-01 2023-03-31 12881651 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-03-31 12881651 c:FullAccounts 2022-07-01 2023-03-31 12881651 c:PrivateLimitedCompanyLtd 2022-07-01 2023-03-31 12881651 d:Goodwill d:ExternallyAcquiredIntangibleAssets 2022-07-01 2023-03-31 12881651 2 2022-07-01 2023-03-31 12881651 d:Goodwill d:OwnedIntangibleAssets 2022-07-01 2023-03-31 iso4217:GBP xbrli:pure
Registered number: 12881651













Hashemloo Balaie Ltd

Financial statements
Information for filing with the registrar

31 March 2023




 
Hashemloo Balaie Ltd


Balance sheet
At 31 March 2023

31 March
30 June
2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 3 
188,592
-

Tangible assets
 4 
12,007
-

  
200,599
-

Current assets
  

Stocks
  
1,024
-

Debtors: amounts falling due within one year
 5 
34,295
100

Bank and cash balances
  
11,909
-

  
47,228
100

Creditors: amounts falling due within one year
 6 
(47,960)
-

Net current (liabilities)/assets
  
 
 
(732)
 
 
100

Total assets less current liabilities
  
199,867
100

Creditors: amounts falling due after more than one year
 7 
(179,657)
-

Provisions for liabilities
  

Deferred tax
  
(3,002)
-

  
 
 
(3,002)
 
 
-

Net assets
  
17,208
100


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
17,108
-

Shareholders' funds
  
17,208
100


1

 
Hashemloo Balaie Ltd

    
Balance sheet (continued)
At 31 March 2023

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question 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 financial statements.

The company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 December 2023.




Mahsa Ranjbar Balaie
Mehdi Hashemloo
Director
Director

The notes on pages 3 to 7 form part of these financial statements.

2

 
Hashemloo Balaie Ltd
 
 

Notes to the financial statements
Period ended 31 March 2023

1.


General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Ashdown Dental Practice Brook Health Centre, Crowborough Hill, Crowborough, East Sussex, TN6 2Ed.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

The turnover in the profit and loss account represents private fees receivable during the period.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

3

 
Hashemloo Balaie Ltd
 

 
Notes to the financial statements
Period ended 31 March 2023

2.Accounting policies (continued)

 
2.6

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the statement of comprehensive income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Goodwill
-
10
years

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
15%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

4

 
Hashemloo Balaie Ltd
 

 
Notes to the financial statements
Period ended 31 March 2023

2.Accounting policies (continued)

 
2.8

Provisions for liabilities

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 profit or loss in the year that the company becomes aware of the obligation, and are measured at the best estimate at the 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.


Intangible assets






Goodwill

£



Cost


Additions
202,063



At 31 March 2023

202,063



Amortisation


Charge for the period on owned assets
13,471



At 31 March 2023

13,471



Net book value



At 31 March 2023
188,592



At 30 June 2022
-



5

 
Hashemloo Balaie Ltd
 
 

Notes to the financial statements
Period ended 31 March 2023

4.


Tangible fixed assets







Plant and machinery

£



Cost or valuation


Additions
12,159



At 31 March 2023

12,159



Depreciation


Charge for the period on owned assets
152



At 31 March 2023

152



Net book value



At 31 March 2023
12,007

6

 
Hashemloo Balaie Ltd
 
 

Notes to the financial statements
Period ended 31 March 2023

5.


Debtors

31 March
2023
£


Trade debtors
5,498

Other debtors
28,279

Prepayments and accrued income
518

34,295



6.


Creditors: amounts falling due within one year

31 March
2023
£

Bank loans
4,726

Trade creditors
17,283

Corporation tax
4,205

Obligations under finance lease and hire purchase contracts
338

Other creditors
16,608

Accruals and deferred income
4,800

47,960



7.


Creditors: amounts falling due after more than one year

31 March
2023
£

Bank loans
168,174

Net obligations under finance leases and hire purchase contracts
11,483

179,657


 
7