Caseware UK (AP4) 2023.0.135 2023.0.135 2023-04-06falseDental practice activities1010truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07534070 2023-04-06 2024-04-05 07534070 2022-04-06 2023-04-05 07534070 2024-04-05 07534070 2023-04-05 07534070 c:Director1 2023-04-06 2024-04-05 07534070 d:PlantMachinery 2023-04-06 2024-04-05 07534070 d:PlantMachinery 2024-04-05 07534070 d:PlantMachinery 2023-04-05 07534070 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-06 2024-04-05 07534070 d:MotorVehicles 2023-04-06 2024-04-05 07534070 d:MotorVehicles 2024-04-05 07534070 d:MotorVehicles 2023-04-05 07534070 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-06 2024-04-05 07534070 d:FurnitureFittings 2023-04-06 2024-04-05 07534070 d:FurnitureFittings 2024-04-05 07534070 d:FurnitureFittings 2023-04-05 07534070 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-06 2024-04-05 07534070 d:ComputerEquipment 2023-04-06 2024-04-05 07534070 d:OtherPropertyPlantEquipment 2023-04-06 2024-04-05 07534070 d:OtherPropertyPlantEquipment 2024-04-05 07534070 d:OtherPropertyPlantEquipment 2023-04-05 07534070 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-04-06 2024-04-05 07534070 d:OwnedOrFreeholdAssets 2023-04-06 2024-04-05 07534070 d:Goodwill 2023-04-06 2024-04-05 07534070 d:Goodwill 2024-04-05 07534070 d:Goodwill 2023-04-05 07534070 d:CurrentFinancialInstruments 2024-04-05 07534070 d:CurrentFinancialInstruments 2023-04-05 07534070 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-05 07534070 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-05 07534070 d:ShareCapital 2024-04-05 07534070 d:ShareCapital 2023-04-05 07534070 d:RetainedEarningsAccumulatedLosses 2024-04-05 07534070 d:RetainedEarningsAccumulatedLosses 2023-04-05 07534070 c:FRS102 2023-04-06 2024-04-05 07534070 c:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 07534070 c:FullAccounts 2023-04-06 2024-04-05 07534070 c:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 07534070 d:Goodwill d:OwnedIntangibleAssets 2023-04-06 2024-04-05 07534070 e:PoundSterling 2023-04-06 2024-04-05 iso4217:GBP xbrli:pure
Registered number: 07534070













PY Surgery Limited

Financial statements
Information for filing with the registrar

5 April 2024




 
PY Surgery Limited


Balance sheet
At 5 April 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
15,919
37,144

Tangible assets
 5 
128,111
140,470

  
144,030
177,614

Current assets
  

Stocks
  
8,000
8,000

Debtors
 6 
578,047
436,047

Cash at bank and in hand
  
729,005
584,747

  
1,315,052
1,028,794

Creditors: amounts falling due within one year
 7 
(189,790)
(148,156)

Net current assets
  
 
 
1,125,262
 
 
880,638

Total assets less current liabilities
  
1,269,292
1,058,252

Provisions for liabilities
  

Deferred tax
  
(21,548)
(24,180)

Net assets
  
1,247,744
1,034,072


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,247,644
1,033,972

Shareholders' funds
  
1,247,744
1,034,072


1

 
PY Surgery Limited

    
Balance sheet (continued)
At 5 April 2024

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 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 8 October 2024.




P P Yesudian
Director

Company registered number: 07534070
The notes on pages 3 to 7 form part of these financial statements. 

2

 
PY Surgery Limited
 
 

Notes to the financial statements
Year ended 5 April 2024

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 1 Wood Street, Swindon, Wiltshire, England, SN1 4AN.

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.

The following principal accounting policies have been applied:

 
2.2

Revenue

The turnover shown in the profit and loss account represents private dental fee income receivable
during the period.

 
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

 
PY Surgery Limited
 

 
Notes to the financial statements
Year ended 5 April 2024

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, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
straight line basis
Motor vehicles
-
25%
reducing balance basis
Fixtures and fittings
-
33%
straight line basis
Computer equipment
-
25%
straight line basis
Improvements to property
-
10%
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.


3.


Employees

The average monthly number of employees, including directors, during the year was 10 (2023: 10).

4

 
PY Surgery Limited
 
 

Notes to the financial statements
Year ended 5 April 2024

4.


Intangible assets




Goodwill

£



Cost


At 6 April 2023
212,250



At 5 April 2024

212,250



Amortisation


At 6 April 2023
175,106


Charge for the year
21,225



At 5 April 2024

196,331



Net book value



At 5 April 2024
15,919



At 5 April 2023
37,144



5

 
PY Surgery Limited
 
 

Notes to the financial statements
Year ended 5 April 2024

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Improvements to property
Total

£
£
£
£
£



Cost


At 6 April 2023
185,940
53,440
50,205
79,511
369,096


Additions
30,812
-
2,834
-
33,646



At 5 April 2024

216,752
53,440
53,039
79,511
402,742



Depreciation


At 6 April 2023
128,194
25,885
39,790
34,757
228,626


Charge for the year
28,450
5,511
4,100
7,944
46,005



At 5 April 2024

156,644
31,396
43,890
42,701
274,631



Net book value



At 5 April 2024
60,108
22,044
9,149
36,810
128,111



At 5 April 2023
57,746
27,555
10,415
44,754
140,470


6.


Debtors

2024
2023
£
£


Other debtors
567,429
426,047

Prepayments and accrued income
10,618
10,000

578,047
436,047


6

 
PY Surgery Limited
 
 

Notes to the financial statements
Year ended 5 April 2024

7.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
26,827
31,960

Corporation tax
140,103
100,852

Obligations under finance lease and hire purchase contracts
18,612
10,103

Accruals and deferred income
4,248
5,241

189,790
148,156



8.


Related party transactions

During the year the company operated on normal commercial terms with Luno Residental Limited, a company the directors have a 100% shareholding in. At the end of the year the amount owed from Luno Residential Limited was £388,120 (2023: £373,120).

 
7