Caseware UK (AP4) 2023.0.135 2023.0.135 dental practice2023-03-01false98falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC317161 2023-03-01 2024-02-29 OC317161 2022-03-01 2023-02-28 OC317161 2024-02-29 OC317161 2023-02-28 OC317161 c:Buildings c:LongLeaseholdAssets 2023-03-01 2024-02-29 OC317161 c:Buildings c:LongLeaseholdAssets 2024-02-29 OC317161 c:Buildings c:LongLeaseholdAssets 2023-02-28 OC317161 c:PlantMachinery 2023-03-01 2024-02-29 OC317161 c:PlantMachinery 2024-02-29 OC317161 c:PlantMachinery 2023-02-28 OC317161 c:PlantMachinery c:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 OC317161 c:FurnitureFittings 2023-03-01 2024-02-29 OC317161 c:FurnitureFittings 2024-02-29 OC317161 c:FurnitureFittings 2023-02-28 OC317161 c:FurnitureFittings c:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 OC317161 c:OtherPropertyPlantEquipment 2023-03-01 2024-02-29 OC317161 c:OtherPropertyPlantEquipment 2024-02-29 OC317161 c:OtherPropertyPlantEquipment 2023-02-28 OC317161 c:OtherPropertyPlantEquipment c:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 OC317161 c:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 OC317161 c:Goodwill 2023-03-01 2024-02-29 OC317161 c:Goodwill 2024-02-29 OC317161 c:Goodwill 2023-02-28 OC317161 c:CurrentFinancialInstruments 2024-02-29 OC317161 c:CurrentFinancialInstruments 2023-02-28 OC317161 c:Non-currentFinancialInstruments 2024-02-29 OC317161 c:Non-currentFinancialInstruments 2023-02-28 OC317161 c:CurrentFinancialInstruments c:WithinOneYear 2024-02-29 OC317161 c:CurrentFinancialInstruments c:WithinOneYear 2023-02-28 OC317161 c:Non-currentFinancialInstruments c:AfterOneYear 2024-02-29 OC317161 c:Non-currentFinancialInstruments c:AfterOneYear 2023-02-28 OC317161 d:FRS102 2023-03-01 2024-02-29 OC317161 d:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 OC317161 d:FullAccounts 2023-03-01 2024-02-29 OC317161 d:LimitedLiabilityPartnershipLLP 2023-03-01 2024-02-29 OC317161 2 2023-03-01 2024-02-29 OC317161 c:Goodwill c:OwnedIntangibleAssets 2023-03-01 2024-02-29 OC317161 d:PartnerLLP1 2023-03-01 2024-02-29 OC317161 d:PartnerLLP2 2023-03-01 2024-02-29 OC317161 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-02-29 OC317161 c:OtherCapitalInstrumentsClassifiedAsEquity 2023-02-28 OC317161 c:FurtherSpecificReserve3ComponentTotalEquity 2024-02-29 OC317161 c:FurtherSpecificReserve3ComponentTotalEquity 2023-02-28 OC317161 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure
Registered number: OC317161













Dental Monkey Wem LLP

Financial statements
Information for filing with the registrar

29 February 2024




 
Dental Monkey Wem LLP


Statement of financial position
At 29 February 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
21,987
43,975

Tangible assets
 5 
81,805
36,874

  
103,792
80,849

Current assets
  

Stocks
  
1,000
1,000

Debtors
 6 
22,760
10,593

Cash at bank and in hand
  
202
150

  
23,962
11,743

Creditors: amounts falling due within one year
 7 
(101,572)
(120,092)

Net current liabilities
  
 
 
(77,610)
 
 
(108,349)

Total assets less current liabilities
  
26,182
(27,500)

Creditors: amounts falling due after more than one year
 8 
(174,706)
(156,295)

  
(148,524)
(183,795)

  

Net liabilities
  
(148,524)
(183,795)

1

 
Dental Monkey Wem LLP

    
Statement of financial position (continued)
At 29 February 2024

29 February
28 February
2024
2023
£
£

Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
  
(168,524)
(203,795)

  
(168,524)
(203,795)

Members' other interests
  

Members' capital classified as equity
  
20,000
20,000

  
 
20,000
 
20,000

  
(148,524)
(183,795)


Total members' interests
  

Loans and other debts due to members
  
(168,524)
(203,795)

Members' other interests
  
20,000
20,000

  
(148,524)
(183,795)


The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.

The entity was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf on 6 September 2024.




G J Lattauschke
M J Lattauschke
Designated member
Designated member

Registered number: OC317161
The notes on pages 3 to 7 form part of these financial statements. 

2

 
Dental Monkey Wem LLP
 
 

Notes to the financial statements
Year ended 29 February 2024

1.


General information

The LLP is incorporated and registered in England and Wales. The address of the registered office is16 Chapel Street, Wem, Shrewsbury, Shropshire, SY4 5ER. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".

The following principal accounting policies have been applied:

 
2.2

Revenue

The turnover shown in the profit and loss account represents income receivable from dental services during the year.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

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

3

 
Dental Monkey Wem LLP
 

 
Notes to the financial statements
Year ended 29 February 2024

2.Accounting policies (continued)

 
2.6

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, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
10%
straight line
Plant and machinery
-
10%
straight line
Fixtures and fittings
-
20%
straight line
Other fixed assets
-
33%
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.


3.


Employees

The average monthly number of employees, including directors, during the year was 9 (2023: 8).


4

 
Dental Monkey Wem LLP
 
 

Notes to the financial statements
Year ended 29 February 2024

4.


Intangible assets






Goodwill

£



Cost


At 1 March 2023
219,877



At 29 February 2024

219,877



Amortisation


At 1 March 2023
175,902


Charge for the year
21,988



At 29 February 2024

197,890



Net book value



At 29 February 2024
21,987



At 28 February 2023
43,975



5

 
Dental Monkey Wem LLP
 
 

Notes to the financial statements
Year ended 29 February 2024

5.


Tangible fixed assets







Long-term leasehold property
Plant and machinery
Fixtures and fittings
Other fixed assets
Total

£
£
£
£
£



Cost


At 1 March 2023
6,372
57,867
41,922
37,658
143,819


Additions
-
54,492
1,965
2,684
59,141



At 29 February 2024

6,372
112,359
43,887
40,342
202,960



Depreciation


At 1 March 2023
2,695
27,650
40,968
35,632
106,945


Charge for the year
637
11,236
550
1,787
14,210



At 29 February 2024

3,332
38,886
41,518
37,419
121,155



Net book value



At 29 February 2024
3,040
73,473
2,369
2,923
81,805



At 28 February 2023
3,677
30,217
954
2,026
36,874


6.


Debtors

29 February
28 February
2024
2023
£
£


Trade debtors
16,350
10,593

Other debtors
6,410
-

22,760
10,593


6

 
Dental Monkey Wem LLP
 
 

Notes to the financial statements
Year ended 29 February 2024

7.


Creditors: amounts falling due within one year

29 February
28 February
2024
2023
£
£

Bank overdrafts
1,601
2,152

Bank loans
27,840
29,431

Trade creditors
9,185
30,065

Other taxation and social security
39,520
50,448

Obligations under finance lease and hire purchase contracts
4,616
-

Other creditors
6,874
4,828

Accruals and deferred income
11,936
3,168

101,572
120,092



8.


Creditors: amounts falling due after more than one year

29 February
28 February
2024
2023
£
£

Bank loans
130,046
156,295

Net obligations under finance leases and hire purchase contracts
44,660
-

174,706
156,295


 
7