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REGISTERED NUMBER: 07785263 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2023

FOR

SHARMA DENTAL ASSOCIATES LIMITED

SHARMA DENTAL ASSOCIATES LIMITED (REGISTERED NUMBER: 07785263)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


SHARMA DENTAL ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTOR: Mr S Sharma





REGISTERED OFFICE: 5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX





REGISTERED NUMBER: 07785263 (England and Wales)





ACCOUNTANTS: David Simon Limited
Chartered Certified Accountants
5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

SHARMA DENTAL ASSOCIATES LIMITED (REGISTERED NUMBER: 07785263)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,728 3,266

CURRENT ASSETS
Debtors 5 35,056 20,783
Cash at bank and in hand 31,596 42,756
66,652 63,539
CREDITORS
Amounts falling due within one year 6 57,950 54,275
NET CURRENT ASSETS 8,702 9,264
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,430

12,530

CREDITORS
Amounts falling due after more than one
year

7

11,273

12,375
NET ASSETS 157 155

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 57 55
SHAREHOLDERS' FUNDS 157 155

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 23 September 2024 and were signed by:





Mr S Sharma - Director


SHARMA DENTAL ASSOCIATES LIMITED (REGISTERED NUMBER: 07785263)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

Sharma Dental Associates 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents the total invoice value of services provided that fall within the company's ordinary activities.

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 etc - 33.33% on cost

Government assisted loans
Loans received through the Bounce Back Loan Scheme (BBLS) or the Coronavirus Business Interruption Loan Scheme (CBILS) are accounted for on the date the funds are received by the company. The first twelve months of the interest charge, which is funded by the government, is recognised in the profit and loss account as both an interest charge and as a government grant receivable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022 13,458
Additions 2,069
Disposals (6,579 )
At 30 September 2023 8,948
DEPRECIATION
At 1 October 2022 10,192
Charge for year 2,607
Eliminated on disposal (6,579 )
At 30 September 2023 6,220
NET BOOK VALUE
At 30 September 2023 2,728
At 30 September 2022 3,266

SHARMA DENTAL ASSOCIATES LIMITED (REGISTERED NUMBER: 07785263)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 19,664 19,820
Other debtors 15,392 963
35,056 20,783

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 3,300 3,300
Trade creditors - 182
Taxation and social security 42,923 32,667
Other creditors 11,727 18,126
57,950 54,275

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 11,273 12,375

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 2,475

8. DIRECTOR'S ADVANCES AND CREDITS

The following advances and credits to Mr S Sharma a director subsisted during the years ended 30 September 2023 and 30 September 2022:

2023 2022
£    £   
Mr S Sharma
Balance outstanding at start of year (8,882 ) 19,122
Amounts advanced 14,897 -
Amounts repaid - (28,004 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,015 (8,882 )

The loan was repaid in full by the Director - Mr S Sharma within nine months of the year end.