2023-04-012024-03-312024-03-31false11274650NIRAV THAKKER DENTAL LIMITED2024-10-02iso4217:GBPxbrli:pure112746502023-04-01112746502024-03-31112746502023-04-012024-03-31112746502022-04-01112746502023-03-31112746502022-04-012023-03-3111274650bus:SmallEntities2023-04-012024-03-3111274650bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3111274650bus:AbridgedAccounts2023-04-012024-03-3111274650bus:PrivateLimitedCompanyLtd2023-04-012024-03-3111274650core:WithinOneYear2024-03-3111274650core:AfterOneYear2024-03-3111274650core:WithinOneYear2023-03-3111274650core:AfterOneYear2023-03-3111274650core:ShareCapital2024-03-3111274650core:SharePremium2024-03-3111274650core:RevaluationReserve2024-03-3111274650core:OtherReservesSubtotal2024-03-3111274650core:RetainedEarningsAccumulatedLosses2024-03-3111274650core:ShareCapital2023-03-3111274650core:SharePremium2023-03-3111274650core:RevaluationReserve2023-03-3111274650core:OtherReservesSubtotal2023-03-3111274650core:RetainedEarningsAccumulatedLosses2023-03-3111274650core:LandBuildings2024-03-3111274650core:PlantMachinery2024-03-3111274650core:Vehicles2024-03-3111274650core:FurnitureFittings2024-03-3111274650core:OfficeEquipment2024-03-3111274650core:NetGoodwill2024-03-3111274650core:IntangibleAssetsOtherThanGoodwill2024-03-3111274650core:ListedExchangeTraded2024-03-3111274650core:UnlistedNon-exchangeTraded2024-03-3111274650core:LandBuildings2023-03-3111274650core:PlantMachinery2023-03-3111274650core:Vehicles2023-03-3111274650core:FurnitureFittings2023-03-3111274650core:OfficeEquipment2023-03-3111274650core:NetGoodwill2023-03-3111274650core:IntangibleAssetsOtherThanGoodwill2023-03-3111274650core:ListedExchangeTraded2023-03-3111274650core:UnlistedNon-exchangeTraded2023-03-3111274650core:LandBuildings2023-04-012024-03-3111274650core:PlantMachinery2023-04-012024-03-3111274650core:Vehicles2023-04-012024-03-3111274650core:FurnitureFittings2023-04-012024-03-3111274650core:OfficeEquipment2023-04-012024-03-3111274650core:NetGoodwill2023-04-012024-03-3111274650core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111274650core:ListedExchangeTraded2023-04-012024-03-3111274650core:UnlistedNon-exchangeTraded2023-04-012024-03-3111274650core:MoreThanFiveYears2023-04-012024-03-3111274650core:Non-currentFinancialInstruments2024-03-3111274650core:Non-currentFinancialInstruments2023-03-3111274650dpl:CostSales2023-04-012024-03-3111274650dpl:DistributionCosts2023-04-012024-03-3111274650core:LandBuildings2023-04-012024-03-3111274650core:PlantMachinery2023-04-012024-03-3111274650core:Vehicles2023-04-012024-03-3111274650core:FurnitureFittings2023-04-012024-03-3111274650core:OfficeEquipment2023-04-012024-03-3111274650dpl:AdministrativeExpenses2023-04-012024-03-3111274650core:NetGoodwill2023-04-012024-03-3111274650core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111274650dpl:GroupUndertakings2023-04-012024-03-3111274650dpl:ParticipatingInterests2023-04-012024-03-3111274650dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3111274650core:ListedExchangeTraded2023-04-012024-03-3111274650dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3111274650core:UnlistedNon-exchangeTraded2023-04-012024-03-3111274650dpl:CostSales2022-04-012023-03-3111274650dpl:DistributionCosts2022-04-012023-03-3111274650core:LandBuildings2022-04-012023-03-3111274650core:PlantMachinery2022-04-012023-03-3111274650core:Vehicles2022-04-012023-03-3111274650core:FurnitureFittings2022-04-012023-03-3111274650core:OfficeEquipment2022-04-012023-03-3111274650dpl:AdministrativeExpenses2022-04-012023-03-3111274650core:NetGoodwill2022-04-012023-03-3111274650core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3111274650dpl:GroupUndertakings2022-04-012023-03-3111274650dpl:ParticipatingInterests2022-04-012023-03-3111274650dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3111274650core:ListedExchangeTraded2022-04-012023-03-3111274650dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3111274650core:UnlistedNon-exchangeTraded2022-04-012023-03-3111274650core:NetGoodwill2024-03-3111274650core:IntangibleAssetsOtherThanGoodwill2024-03-3111274650core:LandBuildings2024-03-3111274650core:PlantMachinery2024-03-3111274650core:Vehicles2024-03-3111274650core:FurnitureFittings2024-03-3111274650core:OfficeEquipment2024-03-3111274650core:AfterOneYear2024-03-3111274650core:WithinOneYear2024-03-3111274650core:ListedExchangeTraded2024-03-3111274650core:UnlistedNon-exchangeTraded2024-03-3111274650core:ShareCapital2024-03-3111274650core:SharePremium2024-03-3111274650core:RevaluationReserve2024-03-3111274650core:OtherReservesSubtotal2024-03-3111274650core:RetainedEarningsAccumulatedLosses2024-03-3111274650core:NetGoodwill2023-03-3111274650core:IntangibleAssetsOtherThanGoodwill2023-03-3111274650core:LandBuildings2023-03-3111274650core:PlantMachinery2023-03-3111274650core:Vehicles2023-03-3111274650core:FurnitureFittings2023-03-3111274650core:OfficeEquipment2023-03-3111274650core:AfterOneYear2023-03-3111274650core:WithinOneYear2023-03-3111274650core:ListedExchangeTraded2023-03-3111274650core:UnlistedNon-exchangeTraded2023-03-3111274650core:ShareCapital2023-03-3111274650core:SharePremium2023-03-3111274650core:RevaluationReserve2023-03-3111274650core:OtherReservesSubtotal2023-03-3111274650core:RetainedEarningsAccumulatedLosses2023-03-3111274650core:NetGoodwill2022-04-0111274650core:IntangibleAssetsOtherThanGoodwill2022-04-0111274650core:LandBuildings2022-04-0111274650core:PlantMachinery2022-04-0111274650core:Vehicles2022-04-0111274650core:FurnitureFittings2022-04-0111274650core:OfficeEquipment2022-04-0111274650core:AfterOneYear2022-04-0111274650core:WithinOneYear2022-04-0111274650core:ListedExchangeTraded2022-04-0111274650core:UnlistedNon-exchangeTraded2022-04-0111274650core:ShareCapital2022-04-0111274650core:SharePremium2022-04-0111274650core:RevaluationReserve2022-04-0111274650core:OtherReservesSubtotal2022-04-0111274650core:RetainedEarningsAccumulatedLosses2022-04-0111274650core:AfterOneYear2023-04-012024-03-3111274650core:WithinOneYear2023-04-012024-03-3111274650core:Non-currentFinancialInstrumentscore:CostValuation2023-04-012024-03-3111274650core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-012024-03-3111274650core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-012024-03-3111274650core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-012024-03-3111274650core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-012024-03-3111274650core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-012024-03-3111274650core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3111274650core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3111274650core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3111274650core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3111274650core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3111274650core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3111274650core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3111274650core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3111274650core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3111274650core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3111274650core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3111274650core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3111274650core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3111274650core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3111274650core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3111274650core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3111274650core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3111274650core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3111274650core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3111274650core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3111274650core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3111274650bus:Director12023-04-012024-03-31

NIRAV THAKKER DENTAL LIMITED

Registered Number
11274650
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

NIRAV THAKKER DENTAL LIMITED
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

THAKKER, Nirav, Dr

Registered Address

Fulford Lodge 1 Heslington Lane
Fulford
York
YO10 4HW

Registered Number

11274650 (England and Wales)
NIRAV THAKKER DENTAL LIMITED
Statement of Financial Position
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets391,608104,053
91,608104,053
Current assets
Stocks2,0002,000
Debtors455,43565,942
Cash at bank and on hand34,158105,541
91,593173,483
Creditors amounts falling due within one year5(48,278)(105,707)
Net current assets (liabilities)43,31567,776
Total assets less current liabilities134,923171,829
Creditors amounts falling due after one year6(8,080)(51,543)
Provisions for liabilities8(12,116)(10,940)
Net assets114,727109,346
Capital and reserves
Called up share capital100100
Profit and loss account114,627109,246
Shareholders' funds114,727109,346
The financial statements were approved and authorised for issue by the Director on 2 October 2024, and are signed on its behalf by:
THAKKER, Nirav, Dr
Director
Registered Company No. 11274650
NIRAV THAKKER DENTAL LIMITED
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Basis of preparation
The financial statements have been prepared on the historical cost basis.
Going concern
The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.
Revenue from sale of goods
The revenue shown in the profit and loss account represents income receivable from dental treatments carried out during the period. Revenue in respect of dental treatment uncompleted at the year end date is recognised by reference to the state of completion.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
Current taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amount of tax expected to pay or recover using the tax rates and laws that have been enacted, or substantively enacted, at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted, or substantively enacted, by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible fixed assets and depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Stocks and work in progress
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all cost of purchase, cost of conversion and other costs incurred in bringing the stock to its present location and condition.
2.Average number of employees

20242023
Average number of employees during the year66
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 April 23149,593
Additions4,133
At 31 March 24150,432
Depreciation and impairment
At 01 April 2345,541
Charge for year16,577
At 31 March 2458,825
Net book value
At 31 March 2491,608
At 31 March 23104,053
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables1,55312,283
Other debtors53,00053,000
Prepayments and accrued income882659
Total55,43565,942
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables13,73574,910
Bank borrowings and overdrafts11,35411,081
Taxation and social security19,6328,265
Finance lease and HP contracts-7,287
Other creditors137744
Accrued liabilities and deferred income3,4203,420
Total48,278105,707
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts8,08019,707
Other creditors-31,836
Total8,08051,543
7.Obligations under finance leases

2024

2023

££
Finance lease and HP contracts-31,835
8.Provisions for liabilities
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

2024

2023

££
Net deferred tax liability (asset)12,11610,940
Total12,11610,940
9.Related party transactions
During the period the company was in receipt of loans from the directors. Interest is charged on the loan and the loan repayable on demand. At the year end date, the balance owing to the directors totalled £4,829 (2022: £744).