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REGISTERED NUMBER: 14149733 (England and Wales)















Unaudited Financial Statements

for the Period 6 June 2022 to 30 June 2023

for

Kreate Dental Rugby Limited

Kreate Dental Rugby Limited (Registered number: 14149733)






Contents of the Financial Statements
for the Period 6 June 2022 to 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kreate Dental Rugby Limited

Company Information
for the Period 6 June 2022 to 30 June 2023







DIRECTORS: Dr M Shah
Dr K S Benawra
N Shah





REGISTERED OFFICE: Unit 3 Cedar Court
1 Royal Oak Yard
London
SE1 3GA





REGISTERED NUMBER: 14149733 (England and Wales)





ACCOUNTANTS: ElanTax.com
Unit 3 Cedar Court
1 Royal Oak Yard
London
SE1 3GA

Kreate Dental Rugby Limited (Registered number: 14149733)

Balance Sheet
30 June 2023

Notes £    £   
FIXED ASSETS
Intangible assets 4 1,055,306
Tangible assets 5 274,385
1,329,691

CURRENT ASSETS
Stocks 6 5,784
Debtors 7 28,232
Cash at bank and in hand 135,729
169,745
CREDITORS
Amounts falling due within one year 8 406,059
NET CURRENT LIABILITIES (236,314 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,093,377

CREDITORS
Amounts falling due after more than one
year

9

1,107,906
NET LIABILITIES (14,529 )

CAPITAL AND RESERVES
Called up share capital 11 100
Retained earnings 12 (14,629 )
SHAREHOLDERS' FUNDS (14,529 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Kreate Dental Rugby Limited (Registered number: 14149733)

Balance Sheet - continued
30 June 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 March 2024 and were signed on its behalf by:





Dr M Shah - Director


Kreate Dental Rugby Limited (Registered number: 14149733)

Notes to the Financial Statements
for the Period 6 June 2022 to 30 June 2023

1. STATUTORY INFORMATION

Kreate Dental Rugby 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.

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, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 14 .

Kreate Dental Rugby Limited (Registered number: 14149733)

Notes to the Financial Statements - continued
for the Period 6 June 2022 to 30 June 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 1,110,531
At 30 June 2023 1,110,531
AMORTISATION
Amortisation for period 55,225
At 30 June 2023 55,225
NET BOOK VALUE
At 30 June 2023 1,055,306

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
Additions 240,400 42,484 276 1,736 284,896
At 30 June 2023 240,400 42,484 276 1,736 284,896
DEPRECIATION
Charge for period - 10,351 28 132 10,511
At 30 June 2023 - 10,351 28 132 10,511
NET BOOK VALUE
At 30 June 2023 240,400 32,133 248 1,604 274,385

6. STOCKS
£   
Stocks 5,784

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 27,441
Other debtors 252
Prepayments 539
28,232

Kreate Dental Rugby Limited (Registered number: 14149733)

Notes to the Financial Statements - continued
for the Period 6 June 2022 to 30 June 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts (see note 10) 138,875
Trade creditors 98,911
Amounts owed to group undertakings 17,446
Tax 9,237
Social security and other taxes 1,737
Pension creditors 462
Other creditors 32,379
Associate fees control ac 30,933
Lloyds credit card 358
Directors' current accounts 68,688
Accrued expenses 7,033
406,059

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Bank loans (see note 10) 1,107,906

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 552,407

10. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due within one year or on demand:
Bank loans 138,875

Amounts falling due between one and two years:
Bank loans - 1-2 years 138,875

Amounts falling due between two and five years:
Bank loans - 2-5 years 416,624

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 552,407

Kreate Dental Rugby Limited (Registered number: 14149733)

Notes to the Financial Statements - continued
for the Period 6 June 2022 to 30 June 2023

11. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary 1 100

12. RESERVES
Retained
earnings
£   

Deficit for the period (14,629 )
At 30 June 2023 (14,629 )

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 June 2023:

£   
Dr K S Benawra
Balance outstanding at start of period -
Amounts advanced 37,185
Amounts repaid (78,142 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (40,957 )

Dr M Shah
Balance outstanding at start of period -
Amounts repaid (27,731 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (27,731 )