07168988falsedental practice2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/pt:PlantMachinery2022-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-11-30http://www.companieshouse.gov.uk/cd:Director12022-12-012023-11-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-11-30http://www.companieshouse.gov.uk/cd:Director22022-12-012023-11-30http://www.companieshouse.gov.uk/cd:Director32022-12-012023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-12-012023-11-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:NetGoodwill2022-11-30http://www.companieshouse.gov.uk/pt:NetGoodwill2023-11-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-11-30http://www.companieshouse.gov.uk/pt:NetGoodwill2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-11-30http://www.companieshouse.gov.uk/2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/cd:FRS1022022-12-012023-11-30http://www.companieshouse.gov.uk/2023-11-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:LandBuildings2022-11-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:LandBuildings2023-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07168988

Pencoed Dental Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023

Prepared By:
David A Hopkins
Chartered Accountant
7 King Street
Wrexham
LL11 1HF

Pencoed Dental Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
DIRECTORS
A C Hopkins
J A Thorne
I L Owen
REGISTERED OFFICE
20 Penprysg Road
Pencoed
Bridgend
CF35 6SS
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07168988
ACCOUNTANTS
David A Hopkins
Chartered Accountant
7 King Street
Wrexham
LL11 1HF

Pencoed Dental Ltd

ACCOUNTS
FOR THEYEARENDED30/11/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Pencoed Dental Ltd

BALANCE SHEET AT 30/11/2023
20232022
Notes££
FIXED ASSETS
Intangible assets3440,282440,282
Tangible assets4129,208132,693
569,490572,975
CURRENT ASSETS
Stock10,00010,000
Debtors659,60380,340
Cash at bank and in hand411650
70,01490,990
CREDITORS: Amounts falling due within one year7197,170134,313
NET CURRENT LIABILITIES(127,156)(43,323)
TOTAL ASSETS LESS CURRENT LIABILITIES442,334529,652
CAPITAL AND RESERVES
Called up share capital8102102
Profit and loss account442,232529,550
SHAREHOLDERS' FUNDS442,334529,652
For the year ending 30/11/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 05/07/2024 and signed on their behalf by
.............................
J A Thorne
Director

Pencoed Dental Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

Pencoed Dental Ltd

2. EMPLOYEES
20232022
No.No.
Average number of employees2828
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/12/2022664,578664,578
At 30/11/2023664,578664,578
Depreciation
At 01/12/2022224,296224,296
At 30/11/2023224,296224,296
Net Book Amounts
At 30/11/2023440,282440,282
At 30/11/2022440,282440,282
4. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachineryTotal
£££
Cost
At 01/12/202264,579163,783228,362
Additions-11,48711,487
At 30/11/202364,579175,270239,849
Depreciation
At 01/12/2022-95,66995,669
For the year-14,97214,972
At 30/11/2023-110,641110,641
Net Book Amounts
At 30/11/202364,57964,629129,208
At 30/11/202264,57968,114132,693

Pencoed Dental Ltd

5. STOCK 20232022
££
Stock comprises:
Stock10,00010,000
10,00010,000
6. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors59,60380,340
59,60380,340
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax8,51233,710
PAYE control3,1143,000
Credit card4,439-
Trade creditors62,79363,988
Other creditors3,6153,615
Sales underperformance30,00030,000
Amounts due to group companies84,697-
197,170134,313
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
102 Ordinary shares of £1 each102102
102102
9. CONTROLLING PARTY
The controlling party is Compton House Practice Ltd.