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REGISTERED NUMBER: 12718582 (England and Wales)















Unaudited Financial Statements

for the Period 1 April 2023 to 31 May 2024

for

Tooth Club Loughton Limited

Tooth Club Loughton Limited (Registered number: 12718582)






Contents of the Financial Statements
for the Period 1 April 2023 to 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tooth Club Loughton Limited

Company Information
for the Period 1 April 2023 to 31 May 2024







Directors: K Thakker
Dr S Jalal Jalali





Secretary: K Thakker





Registered office: The Brentano Suite
720 Centennial Avenue
Elstree
Borehamwood
WD6 3SY





Registered number: 12718582 (England and Wales)





Accountants: BYB Accountancy Ltd
Incorporated Financial Accountants
39 Cardiff Road
Llandaff
Cardiff
South Glamorgan
CF5 2DP

Tooth Club Loughton Limited (Registered number: 12718582)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Intangible assets 4 578,663 612,406
Tangible assets 5 333,634 365,414
Investments 6 454,850 454,850
1,367,147 1,432,670

Current assets
Stocks 23,935 16,407
Debtors 7 197,754 217,614
Cash at bank 25,331 21,020
247,020 255,041
Creditors
Amounts falling due within one year 8 1,519,776 881,400
Net current liabilities (1,272,756 ) (626,359 )
Total assets less current liabilities 94,391 806,311

Creditors
Amounts falling due after more than one
year

9

14,267

804,127
Net assets 80,124 2,184

Capital and reserves
Called up share capital 100 100
Retained earnings 80,024 2,084
80,124 2,184

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 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.

Tooth Club Loughton Limited (Registered number: 12718582)

Balance Sheet - continued
31 May 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 Board of Directors and authorised for issue on 4 September 2024 and were signed on its behalf by:





K Thakker - Director


Tooth Club Loughton Limited (Registered number: 12718582)

Notes to the Financial Statements
for the Period 1 April 2023 to 31 May 2024

1. STATUTORY INFORMATION

Tooth Club Loughton 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.

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 2021, is being amortised evenly over its estimated useful life of twenty years.

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.
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on cost
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


Tooth Club Loughton Limited (Registered number: 12718582)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 31 May 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 period 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 period was 15 (2023 - 17 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
Cost
At 1 April 2023
and 31 May 2024 671,238
Amortisation
At 1 April 2023 58,832
Amortisation for period 33,743
At 31 May 2024 92,575
Net book value
At 31 May 2024 578,663
At 31 March 2023 612,406

Tooth Club Loughton Limited (Registered number: 12718582)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 31 May 2024

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
Cost
At 1 April 2023 141,004 248,955 6,054 43,618 439,631
Additions 1,536 2,268 1,071 - 4,875
At 31 May 2024 142,540 251,223 7,125 43,618 444,506
Depreciation
At 1 April 2023 10,396 40,586 3,234 20,001 74,217
Charge for period 11,151 20,063 357 5,084 36,655
At 31 May 2024 21,547 60,649 3,591 25,085 110,872
Net book value
At 31 May 2024 120,993 190,574 3,534 18,533 333,634
At 31 March 2023 130,608 208,369 2,820 23,617 365,414

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
Cost
At 1 April 2023
and 31 May 2024 454,850
Net book value
At 31 May 2024 454,850
At 31 March 2023 454,850

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 57,331 118,968
Other debtors 140,423 98,646
197,754 217,614

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 30,038 72,243
Trade creditors 78,901 138,388
Amounts owed to group undertakings 1,057,688 -
Other creditors 353,149 670,769
1,519,776 881,400

Tooth Club Loughton Limited (Registered number: 12718582)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 31 May 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 10,281 119,697
Other creditors 3,986 684,430
14,267 804,127

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal - 314,876

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Company wrote off loans of £36,520 to Tooth Club London Ltd which Mr K Thakkar is a director of.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Tooth club group Ltd.