Caseware UK (AP4) 2023.0.135 2023.0.135 2023-06-302023-06-30182022-07-01falseDental services17truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10596665 2022-07-01 2023-06-30 10596665 2021-07-01 2022-06-30 10596665 2023-06-30 10596665 2022-06-30 10596665 c:Director1 2022-07-01 2023-06-30 10596665 d:MotorVehicles 2022-07-01 2023-06-30 10596665 d:MotorVehicles 2023-06-30 10596665 d:MotorVehicles 2022-06-30 10596665 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 10596665 d:OfficeEquipment 2022-07-01 2023-06-30 10596665 d:OfficeEquipment 2023-06-30 10596665 d:OfficeEquipment 2022-06-30 10596665 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 10596665 d:ComputerEquipment 2022-07-01 2023-06-30 10596665 d:ComputerEquipment 2023-06-30 10596665 d:ComputerEquipment 2022-06-30 10596665 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 10596665 d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 10596665 d:Goodwill 2022-07-01 2023-06-30 10596665 d:Goodwill 2023-06-30 10596665 d:Goodwill 2022-06-30 10596665 d:CurrentFinancialInstruments 2023-06-30 10596665 d:CurrentFinancialInstruments 2022-06-30 10596665 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 10596665 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 10596665 d:ShareCapital 2023-06-30 10596665 d:ShareCapital 2022-06-30 10596665 d:RetainedEarningsAccumulatedLosses 2023-06-30 10596665 d:RetainedEarningsAccumulatedLosses 2022-06-30 10596665 c:FRS102 2022-07-01 2023-06-30 10596665 c:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 10596665 c:FullAccounts 2022-07-01 2023-06-30 10596665 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 10596665 2 2022-07-01 2023-06-30 10596665 d:Goodwill d:OwnedIntangibleAssets 2022-07-01 2023-06-30 10596665 e:PoundSterling 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 10596665










WHITWORTH DENTAL CARE LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
WHITWORTH DENTAL CARE LTD
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OFWHITWORTH DENTAL CARE LTD
FOR THE YEAR ENDED 30 JUNE 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Whitworth Dental Care Ltd for the year ended 30 June 2023 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given to us.
 

This report is made solely to the Board of Directors of Whitworth Dental Care Ltd, as a body, in accordance with the terms of our agreement. Our work has been undertaken solely to prepare for your approval the financial statements of Whitworth Dental Care Ltd and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Whitworth Dental Care Ltd and its  Board of Directors, as a body, for our work or for this report.
 
 
It is your duty to ensure that Whitworth Dental Care Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the Company's assets, liabilities, financial position and profit. You consider that Whitworth Dental Care Ltd is exempt from the statutory audit requirement for the year.
 
 
We have not been instructed to carry out an audit or review of the financial statements of Whitworth Dental Care Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.





Shipleys Tax Planning

30 July 2024
Page 1

 
WHITWORTH DENTAL CARE LTD
REGISTERED NUMBER: 10596665

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
750,800
938,500

Tangible assets
 5 
7,391
7,261

  
758,191
945,761

Current assets
  

Stocks
  
1,100
3,575

Debtors: amounts falling due within one year
 6 
226,557
166,321

Cash at bank and in hand
  
971,696
1,007,500

  
1,199,353
1,177,396

Creditors: amounts falling due within one year
 7 
(361,863)
(448,893)

Net current assets
  
 
 
837,490
 
 
728,503

Total assets less current liabilities
  
1,595,681
1,674,264

  

Net assets
  
1,595,681
1,674,264


Capital and reserves
  

Called up share capital 
  
300
300

Profit and loss account
  
1,595,381
1,673,964

  
1,595,681
1,674,264


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 year 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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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 30 July 2024.




Page 2

 
WHITWORTH DENTAL CARE LTD
REGISTERED NUMBER: 10596665

BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

Dr S Tahir
Director

The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
WHITWORTH DENTAL CARE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Whitworth Dental Care Ltd is a company domiciled in England & Wales, registration number 10596665. The registered office is 311-315 Market Street, Whitworth, Rochdale, United Kingdom, OL12 8PW.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Page 4

 
WHITWORTH DENTAL CARE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.4

Interest income

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

 
2.5

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.

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.8

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.

Page 5

 
WHITWORTH DENTAL CARE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.9

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, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
straight line
Office equipment
-
20%
straight line
Computer equipment
-
33%
straight line

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.

 
2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

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.

Page 6

 
WHITWORTH DENTAL CARE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.14

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 18 (2022 - 17).


4.


Intangible assets




Goodwill

£



Cost


At 1 July 2022
1,877,000



At 30 June 2023

1,877,000



Amortisation


At 1 July 2022
938,500


Charge for the year on owned assets
187,700



At 30 June 2023

1,126,200



Net book value



At 30 June 2023
750,800



At 30 June 2022
938,500



Page 7

 
WHITWORTH DENTAL CARE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Tangible fixed assets





Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 July 2022
3,900
102,394
5,988
112,282


Additions
-
898
4,562
5,460



At 30 June 2023

3,900
103,292
10,550
117,742



Depreciation


At 1 July 2022
975
100,554
3,492
105,021


Charge for the year on owned assets
975
838
3,517
5,330



At 30 June 2023

1,950
101,392
7,009
110,351



Net book value



At 30 June 2023
1,950
1,900
3,541
7,391



At 30 June 2022
2,925
1,840
2,496
7,261


6.


Debtors

2023
2022
£
£


Trade debtors
63,572
67,220

Other debtors
162,985
99,101

226,557
166,321



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
116,149
262,434

Other creditors
222,338
157,408

Accruals and deferred income
23,376
29,051

361,863
448,893


Page 8

 
WHITWORTH DENTAL CARE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

8.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £8,542 (2022: £18,831). Contributions totalling £NIL (2022: £NIL) were payable to the fund at the balance sheet date and are included in creditors.


9.


Related party transactions

During the year the company loaned Park House Dental Ltd (a company owned by the directors) £100,000 (2022: £NIL). At the balance sheet date other debtors included £150,085 (2022: £50,085) as amounts owed by Park House Dental Ltd.
At the balance sheet date other creditors included £209,437
 (2022: £108,392) as amounts owed to the directors.

Page 9