BrightAccountsProduction v1.0.0 v1.0.0 2023-05-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is the provision of restorative dental services. 10 September 2024 10 10 NI629591 2024-04-30 NI629591 2023-04-30 NI629591 2022-04-30 NI629591 2023-05-01 2024-04-30 NI629591 2022-05-01 2023-04-30 NI629591 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 NI629591 uk-curr:PoundSterling 2023-05-01 2024-04-30 NI629591 uk-bus:AbridgedAccounts 2023-05-01 2024-04-30 NI629591 uk-bus:Director1 2023-05-01 2024-04-30 NI629591 uk-bus:Director2 2023-05-01 2024-04-30 NI629591 uk-bus:RegisteredOffice 2023-05-01 2024-04-30 NI629591 uk-bus:Agent1 2023-05-01 2024-04-30 NI629591 uk-core:ShareCapital 2024-04-30 NI629591 uk-core:ShareCapital 2023-04-30 NI629591 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 NI629591 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 NI629591 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-04-30 NI629591 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-04-30 NI629591 uk-bus:FRS102 2023-05-01 2024-04-30 NI629591 uk-core:Goodwill 2023-05-01 2024-04-30 NI629591 uk-core:LandBuildings 2023-05-01 2024-04-30 NI629591 uk-core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 NI629591 uk-core:Goodwill 2023-04-30 NI629591 uk-core:Goodwill 2024-04-30 NI629591 2023-05-01 2024-04-30 NI629591 uk-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI629591
 
 
Moira Cosmetic Dental Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 30 April 2024
Moira Cosmetic Dental Limited
DIRECTORS AND OTHER INFORMATION

 
Directors Mr. Derek Bingham
Mrs. Naomi Bingham
 
 
Company Registration Number NI629591
 
 
Registered Office and Business Address 81 Main Street
Moira
BT67 0LH
 
 
Accountants Muldoon & Co
16 Mount Charles
Belfast
BT7 1NZ



Moira Cosmetic Dental Limited
Company Registration Number: NI629591
ABRIDGED STATEMENT OF FINANCIAL POSITION
as at 30 April 2024

2024 2023
Notes £ £
 
Non-Current Assets
Property, plant and equipment 5 321,382 340,409
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Current Assets
Stocks 7,650 7,870
Debtors 1,885 2,204
Cash and cash equivalents 10,705 10,247
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20,240 20,321
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Creditors: amounts falling due within one year (177,470) (177,572)
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Net Current Liabilities (157,230) (157,251)
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Total Assets less Current Liabilities 164,152 183,158
 
Creditors:
amounts falling due after more than one year (85,548) (113,141)
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Net Assets 78,604 70,017
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Capital and Reserves
Called up share capital 100 100
Retained earnings 78,504 69,917
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Equity attributable to owners of the company 78,604 70,017
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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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Income Statement and Directors' Report.
For the financial year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 10 September 2024 and signed on its behalf by
           
           
           
________________________________     ________________________________
Mr. Derek Bingham     Mrs. Naomi Bingham
Director     Director
           



Moira Cosmetic Dental Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 30 April 2024

   
1. General Information
 
Moira Cosmetic Dental Limited is a company limited by shares incorporated in Northern Ireland. 81 Main Street, Moira, BT67 0LH is the registered office, which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company. The company number is NI629591.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 30 April 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Goodwill
Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Statement of Financial Position and amortised on a straight line basis over its economic useful life of 5 years, which is estimated to be the period during which benefits are expected to arise.  On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.
 
Property, plant and equipment and depreciation
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
 
  Land and buildings freehold - 4% Straight line
  Fixtures, fittings and equipment - 20% Reducing Balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Leasing and hire purchases
Property, plant and equipment held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Statement of Financial Position at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Income Statement.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was;
 
  2024 2023
  Number Number
 
Employees 10 10
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4. Intangible assets
     
  Goodwill Total
  £ £
Cost
At 1 May 2023 200,000 200,000
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At 30 April 2024 200,000 200,000
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Amortisation
 
At 30 April 2024 200,000 200,000
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Net book value
At 30 April 2024 - -
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5. Property, plant and equipment
  Land and Fixtures, Total
  buildings fittings and  
  freehold equipment  
  £ £ £
Cost
At 1 May 2023 307,953 160,187 468,140
Additions - 2,738 2,738
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At 30 April 2024 307,953 162,925 470,878
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Depreciation
At 1 May 2023 42,954 84,777 127,731
Charge for the financial year 6,159 15,606 21,765
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At 30 April 2024 49,113 100,383 149,496
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Net book value
At 30 April 2024 258,840 62,542 321,382
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At 30 April 2023 264,999 75,410 340,409
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6. Controlling interest
 
The company is controlled by Mr & Mrs Bingham, as between them they hold 100% of the issued share capital.