Silverfin false 31/03/2023 01/04/2022 31/03/2023 Dr R K Dharwar 13/02/2018 Dr R S Dharwar 03/04/2018 01 March 2024 The principal activity of the company is that of a dental practice. 11204361 2023-03-31 11204361 bus:Director1 2023-03-31 11204361 bus:Director2 2023-03-31 11204361 2022-03-31 11204361 core:CurrentFinancialInstruments 2023-03-31 11204361 core:CurrentFinancialInstruments 2022-03-31 11204361 core:Non-currentFinancialInstruments 2023-03-31 11204361 core:Non-currentFinancialInstruments 2022-03-31 11204361 core:ShareCapital 2023-03-31 11204361 core:ShareCapital 2022-03-31 11204361 core:RetainedEarningsAccumulatedLosses 2023-03-31 11204361 core:RetainedEarningsAccumulatedLosses 2022-03-31 11204361 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-03-31 11204361 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-03-31 11204361 core:LeaseholdImprovements 2022-03-31 11204361 core:PlantMachinery 2022-03-31 11204361 core:Vehicles 2022-03-31 11204361 core:FurnitureFittings 2022-03-31 11204361 core:LeaseholdImprovements 2023-03-31 11204361 core:PlantMachinery 2023-03-31 11204361 core:Vehicles 2023-03-31 11204361 core:FurnitureFittings 2023-03-31 11204361 bus:OrdinaryShareClass1 2023-03-31 11204361 2022-04-01 2023-03-31 11204361 bus:FullAccounts 2022-04-01 2023-03-31 11204361 bus:SmallEntities 2022-04-01 2023-03-31 11204361 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 11204361 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 11204361 bus:Director1 2022-04-01 2023-03-31 11204361 bus:Director2 2022-04-01 2023-03-31 11204361 core:DevelopmentCostsCapitalisedDevelopmentExpenditure core:TopRangeValue 2022-04-01 2023-03-31 11204361 core:LeaseholdImprovements core:TopRangeValue 2022-04-01 2023-03-31 11204361 core:PlantMachinery 2022-04-01 2023-03-31 11204361 core:Vehicles 2022-04-01 2023-03-31 11204361 core:FurnitureFittings 2022-04-01 2023-03-31 11204361 2021-04-01 2022-03-31 11204361 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-04-01 2023-03-31 11204361 core:LeaseholdImprovements 2022-04-01 2023-03-31 11204361 core:Non-currentFinancialInstruments 2022-04-01 2023-03-31 11204361 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 11204361 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11204361 (England and Wales)

DENTALCARE WESTBURY LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

DENTALCARE WESTBURY LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

DENTALCARE WESTBURY LIMITED

BALANCE SHEET

As at 31 March 2023
DENTALCARE WESTBURY LIMITED

BALANCE SHEET (continued)

As at 31 March 2023
Note 2023 2022
£ £
Fixed assets
Intangible assets 3 0 486
Tangible assets 4 90,861 102,551
90,861 103,037
Current assets
Stocks 424 335
Debtors 5 32,686 88,336
Cash at bank and in hand 4,513 34,464
37,623 123,135
Creditors: amounts falling due within one year 6 ( 73,630) ( 89,318)
Net current (liabilities)/assets (36,007) 33,817
Total assets less current liabilities 54,854 136,854
Creditors: amounts falling due after more than one year 7 ( 124,312) ( 133,713)
Net (liabilities)/assets ( 69,458) 3,141
Capital and reserves
Called-up share capital 8 100 100
Profit and loss account ( 69,558 ) 3,041
Total shareholder's (deficit)/funds ( 69,458) 3,141

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Dentalcare Westbury Limited (registered number: 11204361) were approved and authorised for issue by the Board of Directors on 01 March 2024. They were signed on its behalf by:

Dr R S Dharwar
Director
DENTALCARE WESTBURY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
DENTALCARE WESTBURY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Dentalcare Westbury Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Francis Clark Llp Melville Building East, Unit 18, 23 Royal William Yard, Plymouth, PL1 3GW, United Kingdom. The principal place of business is 11 The Mall, Edward St, Westbury, Wiltshere, BA13 3DR, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Revenue from services is recognised as they are delivered.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Development costs 3 years straight line
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line and reducing balance basis over its expected useful life, as follows:

Leasehold improvements 20 years straight line
Plant and machinery 20 % reducing balance
Vehicles 20 % reducing balance
Fixtures and fittings 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 7 6

3. Intangible assets

Development costs Total
£ £
Cost
At 01 April 2022 2,500 2,500
At 31 March 2023 2,500 2,500
Accumulated amortisation
At 01 April 2022 2,014 2,014
Charge for the financial year 486 486
At 31 March 2023 2,500 2,500
Net book value
At 31 March 2023 0 0
At 31 March 2022 486 486

4. Tangible assets

Leasehold improve-
ments
Plant and machinery Vehicles Fixtures and fittings Total
£ £ £ £ £
Cost
At 01 April 2022 58,246 43,289 5,405 41,885 148,825
Additions 0 768 0 0 768
At 31 March 2023 58,246 44,057 5,405 41,885 149,593
Accumulated depreciation
At 01 April 2022 2,912 18,955 3,192 21,215 46,274
Charge for the financial year 2,912 4,970 442 4,134 12,458
At 31 March 2023 5,824 23,925 3,634 25,349 58,732
Net book value
At 31 March 2023 52,422 20,132 1,771 16,536 90,861
At 31 March 2022 55,334 24,334 2,213 20,670 102,551

5. Debtors

2023 2022
£ £
Trade debtors 11,898 11,898
Prepayments 1,205 1,428
Other debtors 19,583 75,010
32,686 88,336

6. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 24,734 28,115
Accruals 1,500 1,320
Other taxation and social security 1,693 711
Obligations under finance leases and hire purchase contracts 3,964 3,964
Other creditors 41,739 55,208
73,630 89,318

7. Creditors: amounts falling due after more than one year

2023 2022
£ £
Amounts owed to Group undertakings 119,357 124,794
Obligations under finance leases and hire purchase contracts (secured) 4,955 8,919
124,312 133,713

The hire purchase liabilities are secured against the assets to which they relate.

8. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

9. Off Balance Sheet arrangements

The total amount of financial commitments not included in the balance sheet is £295,000 (2022 - £310,000).

10. Ultimate controlling party

The ultimate controlling party are the directors, Dr R S Dharwar and Dr K Dharwar by virtue of their majority shareholding in Dentalcare Group Limited.

The company's immediate parent is Dentalcare Group Limited, incorporated in the United Kingdom.

These financial statements are available upon request from Companies House, Crown Way, Cardiff, CF 3UZ.