Caseware UK (AP4) 2023.0.135 2023.0.135 2023-04-01falseDental practice activities2226falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07303633 2023-04-01 2024-03-31 07303633 2024-03-31 07303633 2022-04-01 2023-03-31 07303633 2023-03-31 07303633 c:Director3 2023-04-01 2024-03-31 07303633 d:Buildings d:LongLeaseholdAssets 2023-04-01 2024-03-31 07303633 d:Buildings d:LongLeaseholdAssets 2024-03-31 07303633 d:Buildings d:LongLeaseholdAssets 2023-03-31 07303633 d:PlantMachinery 2023-04-01 2024-03-31 07303633 d:PlantMachinery 2024-03-31 07303633 d:PlantMachinery 2023-03-31 07303633 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07303633 d:FurnitureFittings 2023-04-01 2024-03-31 07303633 d:FurnitureFittings 2024-03-31 07303633 d:FurnitureFittings 2023-03-31 07303633 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07303633 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07303633 d:Goodwill 2023-04-01 2024-03-31 07303633 d:Goodwill 2024-03-31 07303633 d:Goodwill 2023-03-31 07303633 d:CurrentFinancialInstruments 2024-03-31 07303633 d:CurrentFinancialInstruments 2023-03-31 07303633 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07303633 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07303633 d:ShareCapital 2024-03-31 07303633 d:ShareCapital 2023-03-31 07303633 d:RetainedEarningsAccumulatedLosses 2024-03-31 07303633 d:RetainedEarningsAccumulatedLosses 2023-03-31 07303633 c:FRS102 2023-04-01 2024-03-31 07303633 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07303633 c:FullAccounts 2023-04-01 2024-03-31 07303633 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07303633 2 2023-04-01 2024-03-31 07303633 d:Goodwill d:OwnedIntangibleAssets 2023-04-01 2024-03-31 07303633 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 07303633













Kimberworth Park Practice Limited

Financial statements
Information for filing with the registrar

31 March 2024




 
Kimberworth Park Practice Limited


Balance sheet
At 31 March 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
353,333
485,833

Tangible assets
 5 
56,287
61,815

  
409,620
547,648

Current assets
  

Stocks
  
9,200
9,200

Debtors: amounts falling due within one year
 6 
746,192
642,251

Bank and cash balances
  
490,447
367,898

  
1,245,839
1,019,349

Creditors: amounts falling due within one year
 7 
(185,578)
(142,198)

Net current assets
  
 
 
1,060,261
 
 
877,151

Total assets less current liabilities
  
1,469,881
1,424,799

Provisions for liabilities
  

Deferred tax
  
(12,282)
(13,184)

Net assets
  
1,457,599
1,411,615


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,457,499
1,411,515

Shareholders' funds
  
1,457,599
1,411,615


1

 
Kimberworth Park Practice Limited

    
Balance sheet (continued)
At 31 March 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 18 October 2024.




Roger William Poynton
Director

Comapny registered number: 07303633
The notes on pages 3 to 6 form part of these financial statements. 

2

 
Kimberworth Park Practice Limited
 
 

Notes to the financial statements
Year ended 31 March 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 248 Kimberworth Park Road, Rotherham, South Yorkshire, S61 3JN, England.

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 NHS and private income receivable.

 
2.3

Interest income

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

 
2.4

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.

 
2.5

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

 
Kimberworth Park Practice Limited
 

 
Notes to the financial statements
Year ended 31 March 2024

2.Accounting policies (continued)


2.5
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:

Long-term leasehold property
-
15%
reducing balance
Plant and machinery
-
20%
reducing balance
Fixtures and fittings
-
20%
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 22 (2023: 26).


4.


Intangible assets




Goodwill

£



Cost


At 1 April 2023
1,325,000



At 31 March 2024

1,325,000



Amortisation


At 1 April 2023
839,167


Charge for the year
132,500



At 31 March 2024

971,667



Net book value



At 31 March 2024
353,333



At 31 March 2023
485,833



4

 
Kimberworth Park Practice Limited
 
 

Notes to the financial statements
Year ended 31 March 2024

5.


Tangible fixed assets





Improvements to property
Plant and machinery
Fixtures and fittings
Total

£
£
£
£



Cost 


At 1 April 2023
7,720
8,256
236,838
252,814


Additions
-
-
7,829
7,829



At 31 March 2024

7,720
8,256
244,667
260,643



Depreciation


At 1 April 2023
869
1,506
188,624
190,999


Charge for the year
1,028
1,350
10,979
13,357



At 31 March 2024

1,897
2,856
199,603
204,356



Net book value



At 31 March 2024
5,823
5,400
45,064
56,287



At 31 March 2023
6,851
6,750
48,214
61,815


6.


Debtors

2024
2023
£
£


Trade debtors
113,861
118,686

Amounts owed by group undertakings
249,025
165,617

Other debtors
378,905
354,752

Prepayments and accrued income
4,401
3,196

746,192
642,251


5

 
Kimberworth Park Practice Limited
 
 

Notes to the financial statements
Year ended 31 March 2024

7.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
6,173
13,468

Corporation tax
160,119
114,904

Other taxation and social security
6,355
6,916

Other creditors
1,345
1,420

Accruals and deferred income
11,586
5,490

185,578
142,198



8.


Related party transactions

The company operated a loan account with IC 102 Limited. The amount owed by IC 102 Limited at 31 March 2023 was £249,025 (2023: £165,617). A market rate of interest has been charged on the loan. IC102 Limited is the majority shareholder of the company.

 
6