Caseware UK (AP4) 2023.0.135 2023.0.135 2023-04-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.12false12truetrue 06407374 2023-04-01 2024-03-31 06407374 2024-03-31 06407374 2022-04-01 2023-03-31 06407374 2023-03-31 06407374 c:Director1 2023-04-01 2024-03-31 06407374 d:PlantMachinery 2023-04-01 2024-03-31 06407374 d:PlantMachinery 2024-03-31 06407374 d:PlantMachinery 2023-03-31 06407374 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06407374 d:FurnitureFittings 2023-04-01 2024-03-31 06407374 d:FurnitureFittings 2024-03-31 06407374 d:FurnitureFittings 2023-03-31 06407374 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06407374 d:OfficeEquipment 2023-04-01 2024-03-31 06407374 d:OfficeEquipment 2024-03-31 06407374 d:OfficeEquipment 2023-03-31 06407374 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06407374 d:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 06407374 d:OtherPropertyPlantEquipment 2024-03-31 06407374 d:OtherPropertyPlantEquipment 2023-03-31 06407374 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06407374 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06407374 d:Goodwill 2023-04-01 2024-03-31 06407374 d:Goodwill 2024-03-31 06407374 d:Goodwill 2023-03-31 06407374 d:CurrentFinancialInstruments 2024-03-31 06407374 d:CurrentFinancialInstruments 2023-03-31 06407374 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 06407374 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 06407374 d:ShareCapital 2024-03-31 06407374 d:ShareCapital 2023-03-31 06407374 d:RetainedEarningsAccumulatedLosses 2024-03-31 06407374 d:RetainedEarningsAccumulatedLosses 2023-03-31 06407374 c:FRS102 2023-04-01 2024-03-31 06407374 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06407374 c:FullAccounts 2023-04-01 2024-03-31 06407374 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06407374 2 2023-04-01 2024-03-31 06407374 d:Goodwill d:OwnedIntangibleAssets 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 06407374













Alistair Bartlett Dental Practices Limited

Financial statements
Information for filing with the registrar

31 March 2024




 
Alistair Bartlett Dental Practices Limited


Balance sheet
At 31 March 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
74,248
123,531

Tangible assets
 5 
119,484
107,500

  
193,732
231,031

Current assets
  

Stocks
  
25,207
27,598

Debtors
 6 
114,007
85,843

Cash at bank and in hand
  
423,838
400,802

  
563,052
514,243

Creditors: amounts falling due within one year
 7 
(338,000)
(383,191)

Net current assets
  
 
 
225,052
 
 
131,052

Total assets less current liabilities
  
418,784
362,083

Provisions for liabilities
  

Deferred tax
  
(23,913)
(21,915)

  
 
 
(23,913)
 
 
(21,915)

Net assets
  
394,871
340,168


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
394,771
340,068

Shareholders' funds
  
394,871
340,168


1

 
Alistair Bartlett Dental Practices Limited

    
Balance sheet (continued)
At 31 March 2024

The director considers 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 director acknowledges his 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 15 August 2024.




A M Bartlett
Director

Registered number: 06407374
The notes on pages 3 to 9 form part of these financial statements. 

2

 
Alistair Bartlett Dental Practices Limited
 
 

Notes to the financial statements
Year ended 31 March 2024

1.


General information

Alistair Bartlett Dental Practices Limited ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England and Wales. The address of the registered office is 92 Edge Hill, Darras Hall, Newcastle upon Tyne, NE20 9JQ.

2.Accounting policies

  
2.1

Statement of compliance

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.

 
2.2

Revenue

The turnover recognised in the profit and loss account represents NHS contract income, private fees
and capitation scheme income receivable during the year.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the statement of comprehensive income in the same period as the related expenditure.

 
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.

3

 
Alistair Bartlett Dental Practices Limited
 

 
Notes to the financial statements
Year ended 31 March 2024

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

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.

 The estimated useful lives range as follows:

Goodwill
-
10
years

4

 
Alistair Bartlett Dental Practices Limited
 

 
Notes to the financial statements
Year ended 31 March 2024

2.Accounting policies (continued)

 
2.8

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.

Depreciation is provided on the following basis:

Plant and machinery
-
15%
reducing balance
Fixtures and fittings
-
25%
reducing balance
Equipment
-
25%
reducing balance
Leasehold property
-
10%
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.

 
2.9

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 first in, first out 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.

 
2.10

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.11

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention
5

 
Alistair Bartlett Dental Practices Limited
 

 
Notes to the financial statements
Year ended 31 March 2024

2.Accounting policies (continued)


2.11
Financial instruments (continued)

to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including directors, during the year was 12 (2023 - 12).

6

 
Alistair Bartlett Dental Practices Limited
 
 

Notes to the financial statements
Year ended 31 March 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 April 2023
492,826



At 31 March 2024

492,826



Amortisation


At 1 April 2023
369,295


Charge for the year
49,283



At 31 March 2024

418,578



Net book value



At 31 March 2024
74,248



At 31 March 2023
123,531



7

 
Alistair Bartlett Dental Practices Limited
 
 

Notes to the financial statements
Year ended 31 March 2024

5.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Equipment
Leasehold property
Total

£
£
£
£
£



Cost


At 1 April 2023
295,828
35,115
17,587
109,548
458,078


Additions
31,616
195
294
-
32,105


Disposals
-
-
(1,003)
-
(1,003)



At 31 March 2024

327,444
35,310
16,878
109,548
489,180



Depreciation


At 1 April 2023
218,399
32,841
9,851
89,487
350,578


Charge for the year
13,721
581
1,714
3,102
19,118



At 31 March 2024

232,120
33,422
11,565
92,589
369,696



Net book value



At 31 March 2024
95,324
1,888
5,313
16,959
119,484



At 31 March 2023
77,429
2,274
7,736
20,061
107,500


6.


Debtors

2024
2023
£
£


Trade debtors
56,377
52,291

Other debtors
52,232
22,669

Prepayments
5,398
10,883

114,007
85,843


8

 
Alistair Bartlett Dental Practices Limited
 
 

Notes to the financial statements
Year ended 31 March 2024

7.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
39,919
14,705

Corporation tax
23,478
30,307

Other taxation and social security
2,984
2,747

Other creditors
1,212
98,376

Accruals and deferred income
270,407
237,056

338,000
383,191


 
9