Muirhead Dental Health Ltd 07866691 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is Dental practice activities. Digita Accounts Production Advanced 6.30.9574.0 true 07866691 2023-01-01 2023-12-31 07866691 2023-12-31 07866691 core:CurrentFinancialInstruments 2023-12-31 07866691 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 07866691 core:Goodwill 2023-12-31 07866691 core:ConstructionInProgressAssetsUnderConstruction 2023-12-31 07866691 core:FurnitureFittings 2023-12-31 07866691 core:OfficeEquipment 2023-12-31 07866691 core:PlantMachinery 2023-12-31 07866691 bus:SmallEntities 2023-01-01 2023-12-31 07866691 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07866691 bus:FilletedAccounts 2023-01-01 2023-12-31 07866691 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07866691 bus:RegisteredOffice 2023-01-01 2023-12-31 07866691 bus:Director1 2023-01-01 2023-12-31 07866691 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07866691 core:Goodwill 2023-01-01 2023-12-31 07866691 core:ComputerEquipment 2023-01-01 2023-12-31 07866691 core:ConstructionInProgressAssetsUnderConstruction 2023-01-01 2023-12-31 07866691 core:FurnitureFittings 2023-01-01 2023-12-31 07866691 core:LandBuildings 2023-01-01 2023-12-31 07866691 core:OfficeEquipment 2023-01-01 2023-12-31 07866691 core:PlantMachinery 2023-01-01 2023-12-31 07866691 countries:AllCountries 2023-01-01 2023-12-31 07866691 2022-12-31 07866691 core:Goodwill 2022-12-31 07866691 core:ConstructionInProgressAssetsUnderConstruction 2022-12-31 07866691 core:FurnitureFittings 2022-12-31 07866691 core:OfficeEquipment 2022-12-31 07866691 core:PlantMachinery 2022-12-31 07866691 2022-01-01 2022-12-31 07866691 2022-12-31 07866691 core:CurrentFinancialInstruments 2022-12-31 07866691 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 07866691 core:ConstructionInProgressAssetsUnderConstruction 2022-12-31 07866691 core:FurnitureFittings 2022-12-31 07866691 core:OfficeEquipment 2022-12-31 07866691 core:PlantMachinery 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 07866691

Muirhead Dental Health Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Muirhead Dental Health Ltd

Contents

Balance Sheet

1

Notes to the Financial Statements

2 to 5

 

Muirhead Dental Health Ltd

(Registration number: 07866691)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

5

100,185

122,331

Current assets

 

Stocks

36,131

33,541

Debtors

6

1,750

6,348

Cash at bank and in hand

 

565,228

384,152

 

603,109

424,041

Creditors: Amounts falling due within one year

7

(152,881)

(129,988)

Net current assets

 

450,228

294,053

Total assets less current liabilities

 

550,413

416,384

Provisions for liabilities

(13,805)

(17,652)

Net assets

 

536,608

398,732

Capital and reserves

 

Called up share capital

100

100

Retained earnings

536,508

398,632

Shareholders' funds

 

536,608

398,732

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

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 31 July 2024 and signed on its behalf by:
 

.........................................
Mr J W Muirhead
Director

 

Muirhead Dental Health Ltd

Notes to the Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Auker Rhodes
Basement Floor
Focus House, Focus Way
Yeadon
LS19 7DB

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Land & Buildings

Not depreciated

Plant and machinery

25% on cost

Fixtures and fittings

25% on cost

Office equipment

33.33% on cost

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

Fully written off

 

Muirhead Dental Health Ltd

Notes to the Financial Statements for the Year Ended 31 December 2023

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and
rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 18 (2022 - 18).

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 January 2023

375,000

375,000

At 31 December 2023

375,000

375,000

Amortisation

At 1 January 2023

375,000

375,000

At 31 December 2023

375,000

375,000

Carrying amount

At 31 December 2023

-

-

 

Muirhead Dental Health Ltd

Notes to the Financial Statements for the Year Ended 31 December 2023

5

Tangible assets

Land & Buildings
£

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Total
£

Cost or valuation

At 1 January 2023

23,400

287,113

357,867

34,575

702,955

Additions

-

2,466

21,920

2,292

26,678

At 31 December 2023

23,400

289,579

379,787

36,867

729,633

Depreciation

At 1 January 2023

-

268,103

283,444

29,077

580,624

Charge for the year

-

10,096

35,111

3,617

48,824

At 31 December 2023

-

278,199

318,555

32,694

629,448

Carrying amount

At 31 December 2023

23,400

11,380

61,232

4,173

100,185

At 31 December 2022

23,400

19,010

74,423

5,498

122,331

 

Muirhead Dental Health Ltd

Notes to the Financial Statements for the Year Ended 31 December 2023

6

Debtors

2023
£

2022
£

Prepayments

1,750

4,936

Other debtors

-

1,412

1,750

6,348

7

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Taxation and social security

79,637

59,019

Other creditors

73,244

70,969

152,881

129,988