Caseware UK (AP4) 2023.0.135 2023.0.135 false72023-01-018falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09351398 2023-01-01 2023-12-31 09351398 2023-12-31 09351398 2022-01-01 2022-12-31 09351398 2022-12-31 09351398 c:Director1 2023-01-01 2023-12-31 09351398 d:PlantMachinery 2023-01-01 2023-12-31 09351398 d:PlantMachinery 2023-12-31 09351398 d:PlantMachinery 2022-12-31 09351398 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 09351398 d:MotorVehicles 2023-01-01 2023-12-31 09351398 d:MotorVehicles 2023-12-31 09351398 d:MotorVehicles 2022-12-31 09351398 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 09351398 d:FurnitureFittings 2023-01-01 2023-12-31 09351398 d:FurnitureFittings 2023-12-31 09351398 d:FurnitureFittings 2022-12-31 09351398 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 09351398 d:OfficeEquipment 2023-01-01 2023-12-31 09351398 d:OfficeEquipment 2023-12-31 09351398 d:OfficeEquipment 2022-12-31 09351398 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 09351398 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 09351398 d:Goodwill 2023-01-01 2023-12-31 09351398 d:Goodwill 2023-12-31 09351398 d:Goodwill 2022-12-31 09351398 d:CurrentFinancialInstruments 2023-12-31 09351398 d:CurrentFinancialInstruments 2022-12-31 09351398 d:Non-currentFinancialInstruments 2023-12-31 09351398 d:Non-currentFinancialInstruments 2022-12-31 09351398 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09351398 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09351398 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 09351398 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 09351398 d:ShareCapital 2023-12-31 09351398 d:ShareCapital 2022-12-31 09351398 d:RetainedEarningsAccumulatedLosses 2023-12-31 09351398 d:RetainedEarningsAccumulatedLosses 2022-12-31 09351398 c:FRS102 2023-01-01 2023-12-31 09351398 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09351398 c:FullAccounts 2023-01-01 2023-12-31 09351398 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09351398 d:Goodwill d:OwnedIntangibleAssets 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 09351398













Heffernan Dental Specialists Ltd

Financial statements
Information for filing with the registrar

31 December 2023




 
Heffernan Dental Specialists Ltd


Balance sheet
At 31 December 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible fixed assets
  
72,496
97,501

Tangible fixed assets
  
84,432
110,951

  
156,928
208,452

Current assets
  

Debtors
 6 
147,706
30,228

Cash at bank and in hand
  
75,602
34,002

  
223,308
64,230

Creditors: amounts falling due within one year
 7 
(107,195)
(92,406)

Net current assets/(liabilities)
  
 
 
116,113
 
 
(28,176)

Total assets less current liabilities
  
273,041
180,276

Creditors: amounts falling due after more than one year
 8 
(36,833)
(62,833)

Provisions for liabilities
  

Deferred tax
  
(21,108)
-

Net assets
  
215,100
117,443


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
215,000
117,343

Shareholders' funds
  
215,100
117,443


1

 
Heffernan Dental Specialists Ltd

    
Balance sheet (continued)
At 31 December 2023

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 her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 19 September 2024.




K Heffernan
Director

Company registered number: 09351398
The notes on pages 3 to 7 form part of these financial statements. 

2

 
Heffernan Dental Specialists Ltd
 
 

Notes to the financial statements
Year ended 31 December 2023

1.


General information

The company is a private company limited by shares, incorporated and registered in England and Wales. The address of the registered office is 86 Harley Street, London, W1G 7HP.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

The turnover shown in the profit and loss account represents private fees receivable, rental income receivable and training income receivable.

 
2.3

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

 
2.4

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.

3

 
Heffernan Dental Specialists Ltd
 

 
Notes to the financial statements
Year ended 31 December 2023

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance
Fixtures and fittings
-
25%
reducing balance
Office equipment
-
33%
reducing balance

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 8 (2022: 8).


4

 
Heffernan Dental Specialists Ltd
 
 

Notes to the financial statements
Year ended 31 December 2023

4.


Intangible assets




Goodwill

£



Cost


At 1 January 2023
250,059



At 31 December 2023

250,059



Amortisation


At 1 January 2023
152,557


Charge for the year
25,006



At 31 December 2023

177,563



Net book value



At 31 December 2023
72,496



At 31 December 2022
97,502



5

 
Heffernan Dental Specialists Ltd
 
 

Notes to the financial statements
Year ended 31 December 2023

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost


At 1 January 2023
106,252
63,314
108,214
7,725
285,505


Additions
-
-
-
1,790
1,790



At 31 December 2023

106,252
63,314
108,214
9,515
287,295



Depreciation


At 1 January 2023
61,610
27,700
80,345
4,899
174,554


Charge for the year
11,161
8,904
6,967
1,277
28,309



At 31 December 2023

72,771
36,604
87,312
6,176
202,863



Net book value



At 31 December 2023
33,481
26,710
20,902
3,339
84,432



At 31 December 2022
44,642
35,614
27,869
2,826
110,951


6.


Debtors

2023
2022
£
£


Trade debtors
16,155
29,708

Other debtors
130,948
-

Prepayments and accrued income
603
520

147,706
30,228


6

 
Heffernan Dental Specialists Ltd
 
 

Notes to the financial statements
Year ended 31 December 2023

7.


Creditors: amounts falling due within one year

2023
2022
£
£

Bank loans
26,000
32,664

Trade creditors
1,912
3,016

Corporation tax
66,801
44,259

Obligations under finance lease and hire purchase contracts
-
8,992

Other creditors
7,982
3,475

Accruals and deferred income
4,500
-

107,195
92,406



8.


Creditors: amounts falling due after more than one year

2023
2022
£
£

Bank loans
36,833
62,833

36,833
62,833


 
7