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REGISTERED NUMBER: 07411049 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

PORTHCAWL DENTAL CARE LIMITED

PORTHCAWL DENTAL CARE LIMITED (REGISTERED NUMBER: 07411049)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PORTHCAWL DENTAL CARE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: H J Price





REGISTERED OFFICE: Court House
Court Road
Bridgend
CF31 1BE





REGISTERED NUMBER: 07411049 (England and Wales)





ACCOUNTANTS: Graham Paul Limited
Court House
Court Road
Bridgend
CF31 1BE

PORTHCAWL DENTAL CARE LIMITED (REGISTERED NUMBER: 07411049)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 17,400 25,400
Tangible assets 5 67,172 69,146
84,572 94,546

CURRENT ASSETS
Stocks 3,500 1,350
Debtors 6 52,902 72,658
Cash at bank 78,342 61,759
134,744 135,767
CREDITORS
Amounts falling due within one year 7 50,656 42,276
NET CURRENT ASSETS 84,088 93,491
TOTAL ASSETS LESS CURRENT
LIABILITIES

168,660

188,037

CREDITORS
Amounts falling due after more than one
year

8

(93,236

)

(110,054

)

PROVISIONS FOR LIABILITIES (12,763 ) (13,138 )
NET ASSETS 62,661 64,845

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 62,561 64,745
SHAREHOLDERS' FUNDS 62,661 64,845

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

PORTHCAWL DENTAL CARE LIMITED (REGISTERED NUMBER: 07411049)

BALANCE SHEET - continued
31 MARCH 2024


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 director and authorised for issue on 25 July 2024 and were signed by:





H J Price - Director


PORTHCAWL DENTAL CARE LIMITED (REGISTERED NUMBER: 07411049)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Porthcawl Dental Care 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents invoiced sales of dental services and related products and is exempt from value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, having been previously amortised evenly over twenty years, has been reassessed at ten years and is therefore being amortised over the remainder of that period.

An additional acquisition of goodwill in 2014 is being amortised evenly over its estimated useful life of ten years.

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 etc - 15% 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.

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 year was 7 (2023 - 6 ) .

PORTHCAWL DENTAL CARE LIMITED (REGISTERED NUMBER: 07411049)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 268,000
AMORTISATION
At 1 April 2023 242,600
Charge for year 8,000
At 31 March 2024 250,600
NET BOOK VALUE
At 31 March 2024 17,400
At 31 March 2023 25,400

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 114,562
Additions 8,240
At 31 March 2024 122,802
DEPRECIATION
At 1 April 2023 45,416
Charge for year 10,214
At 31 March 2024 55,630
NET BOOK VALUE
At 31 March 2024 67,172
At 31 March 2023 69,146

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 52,902 72,658

PORTHCAWL DENTAL CARE LIMITED (REGISTERED NUMBER: 07411049)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 13,855 14,560
Hire purchase contracts 3,860 3,860
Trade creditors 10,982 10,224
Taxation and social security 18,905 10,728
Other creditors 3,054 2,904
50,656 42,276

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 66,662 79,813
Hire purchase contracts 26,574 30,241
93,236 110,054

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 27,055 29,618

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 30,434 34,101
NatWest Loan 71,220 81,104
101,654 115,205

The loan is secured on the assets of the company.

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
H J Price
Balance outstanding at start of year 61,877 54,854
Amounts advanced 52,605 61,877
Amounts repaid (61,877 ) (54,854 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 52,605 61,877