Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30false162023-05-01No description of principal activity16truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07099027 2023-05-01 2024-04-30 07099027 2022-05-01 2023-04-30 07099027 2024-04-30 07099027 2023-04-30 07099027 c:Director1 2023-05-01 2024-04-30 07099027 c:Director2 2023-05-01 2024-04-30 07099027 d:Buildings d:LongLeaseholdAssets 2023-05-01 2024-04-30 07099027 d:PlantMachinery 2023-05-01 2024-04-30 07099027 d:PlantMachinery 2024-04-30 07099027 d:PlantMachinery 2023-04-30 07099027 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 07099027 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 07099027 d:FurnitureFittings 2023-05-01 2024-04-30 07099027 d:Goodwill 2024-04-30 07099027 d:Goodwill 2023-04-30 07099027 d:CurrentFinancialInstruments 2024-04-30 07099027 d:CurrentFinancialInstruments 2023-04-30 07099027 d:Non-currentFinancialInstruments 2024-04-30 07099027 d:Non-currentFinancialInstruments 2023-04-30 07099027 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 07099027 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 07099027 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 07099027 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 07099027 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-04-30 07099027 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-04-30 07099027 d:ShareCapital 2024-04-30 07099027 d:ShareCapital 2023-04-30 07099027 d:RetainedEarningsAccumulatedLosses 2024-04-30 07099027 d:RetainedEarningsAccumulatedLosses 2023-04-30 07099027 c:FRS102 2023-05-01 2024-04-30 07099027 c:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 07099027 c:FullAccounts 2023-05-01 2024-04-30 07099027 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07099027 d:HirePurchaseContracts d:WithinOneYear 2024-04-30 07099027 d:HirePurchaseContracts d:WithinOneYear 2023-04-30 07099027 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-04-30 07099027 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-04-30 07099027 2 2023-05-01 2024-04-30 07099027 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2024-04-30 07099027 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-04-30 07099027 d:LeasedAssetsHeldAsLessee 2024-04-30 07099027 d:LeasedAssetsHeldAsLessee 2023-04-30 07099027 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 07099027










APOLLO DENTAL HEALTH CLINIC LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
APOLLO DENTAL HEALTH CLINIC LIMITED
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF APOLLO DENTAL HEALTH CLINIC LIMITED
FOR THE YEAR ENDED 30 APRIL 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Apollo Dental Health Clinic Limited for the year ended 30 April 2024 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Apollo Dental Health Clinic Limited, as a body, in accordance with the terms of our engagement letter dated 20th September 2013Our work has been undertaken solely to prepare for your approval the financial statements of Apollo Dental Health Clinic Limited and state those matters that we have agreed to state to the Board of directors of Apollo Dental Health Clinic Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Apollo Dental Health Clinic Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Apollo Dental Health Clinic Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Apollo Dental Health Clinic Limited. You consider that Apollo Dental Health Clinic Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Apollo Dental Health Clinic Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MWS
 
Chartered Accountants
  
Kingsridge House
601 London Road
Westcliff-On-Sea
Essex
SS0 9PE
1 October 2024
Page 1

 
APOLLO DENTAL HEALTH CLINIC LIMITED
REGISTERED NUMBER: 07099027

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
96,456
110,544

  
96,456
110,544

Current assets
  

Stocks
  
32,470
24,703

Debtors: amounts falling due within one year
 6 
33,628
31,817

Cash at bank and in hand
 7 
329,182
278,577

  
395,280
335,097

Creditors: amounts falling due within one year
 8 
(268,248)
(225,511)

Net current assets
  
 
 
127,032
 
 
109,586

Total assets less current liabilities
  
223,488
220,130

Creditors: amounts falling due after more than one year
 9 
(5,237)
(68,875)

Provisions for liabilities
  

Deferred tax
  
(8,728)
(26,570)

  
 
 
(8,728)
 
 
(26,570)

Net assets
  
209,523
124,685


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
209,423
124,585

  
209,523
124,685


The directors consider 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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 income and retained earnings 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 1 October 2024.

Page 2

 
APOLLO DENTAL HEALTH CLINIC LIMITED
REGISTERED NUMBER: 07099027

BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024




H. Brien
D. Crotty
Director
Director

The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
APOLLO DENTAL HEALTH CLINIC LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

The company is a private company, limited by shares and incorporated in England. Its registered office is Kingsridge House, 601 London Road, Westcliff-on-Sea, Essex, SS0 9PE. Its registered number is 07099027.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 4

 
APOLLO DENTAL HEALTH CLINIC LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.4

Interest income

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

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

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

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 5

 
APOLLO DENTAL HEALTH CLINIC LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.9

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.

 
2.10

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
-
Straight line over the term of the lease
Fixtures and fittings
-
25% straight line basis

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.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 6

 
APOLLO DENTAL HEALTH CLINIC LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.14

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.15

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 16 (2023 - 16).


4.


Intangible assets




Goodwill

£



Cost


At 1 May 2023
1,071,172



At 30 April 2024

1,071,172



Amortisation


At 1 May 2023
1,071,172



At 30 April 2024

1,071,172



Net book value



At 30 April 2024
-



At 30 April 2023
-



Page 7

 
APOLLO DENTAL HEALTH CLINIC LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 May 2023
641,496


Additions
3,510



At 30 April 2024

645,006



Depreciation


At 1 May 2023
530,952


Charge for the year on owned assets
11,778


Charge for the year on financed assets
5,820



At 30 April 2024

548,550



Net book value



At 30 April 2024
96,456



At 30 April 2023
110,544

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Plant and machinery
5,820
11,640

5,820
11,640

Page 8

 
APOLLO DENTAL HEALTH CLINIC LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Debtors

2024
2023
£
£


Other debtors
30,313
29,147

Prepayments and accrued income
3,315
2,670

33,628
31,817



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
329,182
278,577

329,182
278,577



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
-
6,889

Trade creditors
75,179
43,742

Corporation tax
131,061
89,877

Other taxation and social security
6,350
13,723

Obligations under finance lease and hire purchase contracts
10,009
18,436

Other creditors
28,829
4,743

Accruals and deferred income
16,820
48,101

268,248
225,511



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
53,629

Net obligations under finance leases and hire purchase contracts
5,237
15,246

5,237
68,875


Page 9

 
APOLLO DENTAL HEALTH CLINIC LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
-
6,889


-
6,889

Amounts falling due 1-2 years

Bank loans
-
53,629


-
53,629



-
60,518



11.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
10,009
18,436

Between 1-5 years
5,237
15,246

15,246
33,682


12.


Related party transactions

During the year the company had transactions with the directors. As at the balance sheet date the following balances were in the directors loan accounts. H Brien £219 (2023: £246) & D Crotty £946 (2023: £245) as disclosed within other creditors. Dividends of £312,000  (2023: £350,775) were also paid to the directors in their role as shareholders in the company.


Page 10