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REGISTERED NUMBER: 08351430 (England and Wales)










ADVANCE DENTAL CARE SWINDON LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






ADVANCE DENTAL CARE SWINDON LTD (REGISTERED NUMBER: 08351430)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ADVANCE DENTAL CARE SWINDON LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Dr S S Gandham
Mrs A Kaur





REGISTERED OFFICE: 1st Floor Cashs Business Centre
228 Widdrington Road
Coventry
West Midlands
CV1 4PB





REGISTERED NUMBER: 08351430 (England and Wales)





ACCOUNTANTS: Shah & Co (Accountants) Ltd
Chartered Certified Accountants
Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB

ADVANCE DENTAL CARE SWINDON LTD (REGISTERED NUMBER: 08351430)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 10,687 14,956
Tangible assets 5 34,284 40,417
44,971 55,373

CURRENT ASSETS
Debtors 6 23,000 -
Cash at bank 371,746 395,910
394,746 395,910
CREDITORS
Amounts falling due within one year 7 (66,933 ) (80,705 )
NET CURRENT ASSETS 327,813 315,205
TOTAL ASSETS LESS CURRENT
LIABILITIES

372,784

370,578

CREDITORS
Amounts falling due after more than one
year

8

(15,606

)

(25,780

)

PROVISIONS FOR LIABILITIES 9 (5,299 ) (5,710 )
NET ASSETS 351,879 339,088

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 351,779 338,988
SHAREHOLDERS' FUNDS 351,879 339,088

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ADVANCE DENTAL CARE SWINDON LTD (REGISTERED NUMBER: 08351430)

BALANCE SHEET - continued
31 JANUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2024 and were signed on its behalf by:





Dr S S Gandham - Director


ADVANCE DENTAL CARE SWINDON LTD (REGISTERED NUMBER: 08351430)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Advance Dental Care Swindon Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents dental services provided.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

ADVANCE DENTAL CARE SWINDON LTD (REGISTERED NUMBER: 08351430)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants
Grants are accounted for under the accruals method as permitted by FRS 102. Grants of a revenue nature are recognised in the profit and loss account in the period in which they are received. Government grants relate to the receipt of Coronavirus related funding which is included within other operating income in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 366,365
AMORTISATION
At 1 February 2023 351,409
Charge for year 4,269
At 31 January 2024 355,678
NET BOOK VALUE
At 31 January 2024 10,687
At 31 January 2023 14,956

ADVANCE DENTAL CARE SWINDON LTD (REGISTERED NUMBER: 08351430)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 February 2023 9,801 86,855 14,671 21,107 132,434
Additions - - 342 - 342
At 31 January 2024 9,801 86,855 15,013 21,107 132,776
DEPRECIATION
At 1 February 2023 6,590 56,031 8,531 20,865 92,017
Charge for year 642 4,624 972 237 6,475
At 31 January 2024 7,232 60,655 9,503 21,102 98,492
NET BOOK VALUE
At 31 January 2024 2,569 26,200 5,510 5 34,284
At 31 January 2023 3,211 30,824 6,140 242 40,417

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Directors' loan accounts 23,000 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 10,119 9,870
Taxation and social security 45,656 62,036
Other creditors 11,158 8,799
66,933 80,705

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 15,606 25,780

9. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax
Accelerated capital allowances 5,299 5,710

ADVANCE DENTAL CARE SWINDON LTD (REGISTERED NUMBER: 08351430)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 February 2023 5,710
Decrease in deferred tax (411 )
Balance at 31 January 2024 5,299

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
Dr S S Gandham
Balance outstanding at start of year - -
Amounts advanced 23,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 23,000 -

Included within the other creditors, the amount owed to directors is £ 388 (2023: £ 834).The loans are interest free and with no fixed date of repayment.

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £27,000 (2023 - £3,600) were paid to the directors .

12. ULTIMATE CONTROLLING PARTY

The controlling party is Dr S Gandham & Mrs A Kaur.