IRIS Accounts Production v24.1.9.2 09995041 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false Ordinary 1.00000 "A" Ordinary 1.00000 "B" Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh099950412023-03-31099950412024-03-31099950412023-04-012024-03-31099950412022-03-31099950412022-04-012023-03-31099950412023-03-3109995041ns15:EnglandWales2023-04-012024-03-3109995041ns14:PoundSterling2023-04-012024-03-3109995041ns10:Director12023-04-012024-03-3109995041ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3109995041ns10:SmallEntities2023-04-012024-03-3109995041ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3109995041ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3109995041ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3109995041ns10:FullAccounts2023-04-012024-03-310999504112023-04-012024-03-3109995041ns10:OrdinaryShareClass12023-04-012024-03-3109995041ns10:OrdinaryShareClass22023-04-012024-03-3109995041ns10:OrdinaryShareClass32023-04-012024-03-3109995041ns10:Director22023-04-012024-03-3109995041ns10:RegisteredOffice2023-04-012024-03-3109995041ns5:CurrentFinancialInstruments2024-03-3109995041ns5:CurrentFinancialInstruments2023-03-3109995041ns5:Non-currentFinancialInstruments2024-03-3109995041ns5:Non-currentFinancialInstruments2023-03-3109995041ns5:ShareCapital2024-03-3109995041ns5:ShareCapital2023-03-3109995041ns5:RetainedEarningsAccumulatedLosses2024-03-3109995041ns5:RetainedEarningsAccumulatedLosses2023-03-3109995041ns5:NetGoodwill2023-04-012024-03-3109995041ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3109995041ns5:FurnitureFittings2023-04-012024-03-3109995041ns5:ComputerEquipment2023-04-012024-03-3109995041ns5:NetGoodwill2023-03-3109995041ns5:NetGoodwill2024-03-3109995041ns5:NetGoodwill2023-03-3109995041ns5:FurnitureFittings2023-03-3109995041ns5:ComputerEquipment2023-03-3109995041ns5:FurnitureFittings2024-03-3109995041ns5:ComputerEquipment2024-03-3109995041ns5:FurnitureFittings2023-03-3109995041ns5:ComputerEquipment2023-03-3109995041ns10:OrdinaryShareClass12024-03-3109995041ns10:OrdinaryShareClass22024-03-3109995041ns10:OrdinaryShareClass32024-03-31
REGISTERED NUMBER: 09995041 (England and Wales)














Unaudited Financial Statements for the Year Ended 31 March 2024

for

DR S ETEMADI DENTAL PRACTICE LTD

DR S ETEMADI DENTAL PRACTICE LTD (REGISTERED NUMBER: 09995041)






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


DR S ETEMADI DENTAL PRACTICE LTD

Company Information
for the year ended 31 MARCH 2024







DIRECTORS: S Etemadi
M Naderi - Ghobash





REGISTERED OFFICE: 155 Wellingborough Road
RUSHDEN
Northamptonshire
NN10 9TB





REGISTERED NUMBER: 09995041 (England and Wales)





ACCOUNTANT: Elsby & Co
155 Wellingborough Road
Rushden
Northamptonshire
NN10 9TB

DR S ETEMADI DENTAL PRACTICE LTD (REGISTERED NUMBER: 09995041)

Balance Sheet
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 124,340 141,007
Tangible assets 5 13,533 17,774
137,873 158,781

CURRENT ASSETS
Stocks 750 750
Investments 6 31,969 31,969
Cash at bank 131,921 97,420
164,640 130,139
CREDITORS
Amounts falling due within one year 7 55,211 52,377
NET CURRENT ASSETS 109,429 77,762
TOTAL ASSETS LESS CURRENT LIABILITIES 247,302 236,543

CREDITORS
Amounts falling due after more than one
year

8

(8,900

)

(15,051

)

PROVISIONS FOR LIABILITIES (1,353 ) (1,563 )
NET ASSETS 237,049 219,929

CAPITAL AND RESERVES
Called up share capital 9 110 110
Retained earnings 236,939 219,819
SHAREHOLDERS' FUNDS 237,049 219,929

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 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.

DR S ETEMADI DENTAL PRACTICE LTD (REGISTERED NUMBER: 09995041)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2024 and were signed on its behalf by:





S Etemadi - Director


DR S ETEMADI DENTAL PRACTICE LTD (REGISTERED NUMBER: 09995041)

Notes to the Financial Statements
for the year ended 31 MARCH 2024

1. STATUTORY INFORMATION

Dr S Etemadi Dental Practice Ltd 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 2016, is being amortised evenly over its estimated useful life of fifteen years.

Due to a change and reduction in the accounting estimate for the remaining useful of goodwill, the goodwill is now being written off over 15 years and reduced down from the previous 50 year estimated useful life.

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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing
stock to its present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


DR S ETEMADI DENTAL PRACTICE LTD (REGISTERED NUMBER: 09995041)

Notes to the Financial Statements - continued
for the year ended 31 MARCH 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 200,000
AMORTISATION
At 1 April 2023 58,993
Amortisation for year 16,667
At 31 March 2024 75,660
NET BOOK VALUE
At 31 March 2024 124,340
At 31 March 2023 141,007

DR S ETEMADI DENTAL PRACTICE LTD (REGISTERED NUMBER: 09995041)

Notes to the Financial Statements - continued
for the year ended 31 MARCH 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 33,529 6,077 39,606
Additions 342 - 342
At 31 March 2024 33,871 6,077 39,948
DEPRECIATION
At 1 April 2023 17,622 4,210 21,832
Charge for year 4,062 521 4,583
At 31 March 2024 21,684 4,731 26,415
NET BOOK VALUE
At 31 March 2024 12,187 1,346 13,533
At 31 March 2023 15,907 1,867 17,774

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Unlisted investments 31,969 31,969

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,699 5,548
Trade creditors 3,831 3,536
Taxation and social security 33,343 24,893
Other creditors 12,338 18,400
55,211 52,377

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 8,900 15,051

DR S ETEMADI DENTAL PRACTICE LTD (REGISTERED NUMBER: 09995041)

Notes to the Financial Statements - continued
for the year ended 31 MARCH 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100
5 "A" Ordinary £1 5 5
5 "B" Ordinary £1 5 5
110 110