Slawomir Stobiecki Limited 06853508 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is provision of dentistry Digita Accounts Production Advanced 6.30.9574.0 true true 06853508 2023-04-01 2024-03-31 06853508 2024-03-31 06853508 bus:Director1 1 2024-03-31 06853508 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-03-31 06853508 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2024-03-31 06853508 core:CurrentFinancialInstruments 2024-03-31 06853508 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 06853508 core:Non-currentFinancialInstruments 2024-03-31 06853508 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 06853508 core:Goodwill 2024-03-31 06853508 core:FurnitureFittings 2024-03-31 06853508 core:LandBuildings core:LongLeaseholdAssets 2024-03-31 06853508 core:MotorVehicles 2024-03-31 06853508 core:OfficeEquipment 2024-03-31 06853508 core:PlantMachinery 2024-03-31 06853508 bus:SmallEntities 2023-04-01 2024-03-31 06853508 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 06853508 bus:FilletedAccounts 2023-04-01 2024-03-31 06853508 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06853508 bus:RegisteredOffice 2023-04-01 2024-03-31 06853508 bus:Director1 2023-04-01 2024-03-31 06853508 bus:Director1 1 2023-04-01 2024-03-31 06853508 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06853508 core:Goodwill 2023-04-01 2024-03-31 06853508 core:ComputerEquipment 2023-04-01 2024-03-31 06853508 core:FurnitureFittings 2023-04-01 2024-03-31 06853508 core:LandBuildings 2023-04-01 2024-03-31 06853508 core:LandBuildings core:LongLeaseholdAssets 2023-04-01 2024-03-31 06853508 core:MotorVehicles 2023-04-01 2024-03-31 06853508 core:OfficeEquipment 2023-04-01 2024-03-31 06853508 core:PlantMachinery 2023-04-01 2024-03-31 06853508 countries:EnglandWales 2023-04-01 2024-03-31 06853508 2023-03-31 06853508 bus:Director1 1 2023-03-31 06853508 core:Goodwill 2023-03-31 06853508 core:FurnitureFittings 2023-03-31 06853508 core:LandBuildings core:LongLeaseholdAssets 2023-03-31 06853508 core:MotorVehicles 2023-03-31 06853508 core:OfficeEquipment 2023-03-31 06853508 core:PlantMachinery 2023-03-31 06853508 2022-04-01 2023-03-31 06853508 2023-03-31 06853508 bus:Director1 1 2023-03-31 06853508 core:HirePurchaseContracts core:CurrentFinancialInstruments 2023-03-31 06853508 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2023-03-31 06853508 core:CurrentFinancialInstruments 2023-03-31 06853508 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 06853508 core:Non-currentFinancialInstruments 2023-03-31 06853508 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 06853508 core:Goodwill 2023-03-31 06853508 core:FurnitureFittings 2023-03-31 06853508 core:LandBuildings core:LongLeaseholdAssets 2023-03-31 06853508 core:MotorVehicles 2023-03-31 06853508 core:OfficeEquipment 2023-03-31 06853508 core:PlantMachinery 2023-03-31 06853508 bus:Director1 1 2022-04-01 2023-03-31 06853508 bus:Director1 1 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 06853508

Slawomir Stobiecki Limited

trading as Highfield Dental Care

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Slawomir Stobiecki Limited trading as Highfield Dental Care

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 10

 

Slawomir Stobiecki Limited trading as Highfield Dental Care

(Registration number: 06853508)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

4

88,082

110,102

Tangible assets

5

303,565

355,978

 

391,647

466,080

Current assets

 

Stocks

6

32,844

22,334

Debtors

7

283,166

263,577

Cash at bank and in hand

 

81,929

56,715

 

397,939

342,626

Creditors: Amounts falling due within one year

8

(184,488)

(158,145)

Net current assets

 

213,451

184,481

Total assets less current liabilities

 

605,098

650,561

Creditors: Amounts falling due after more than one year

8

(87,596)

(180,691)

Provisions for liabilities

(24,063)

(21,324)

Net assets

 

493,439

448,546

Capital and reserves

 

Called up share capital

100

100

Retained earnings

493,339

448,446

Shareholders' funds

 

493,439

448,546

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

 

Slawomir Stobiecki Limited trading as Highfield Dental Care

(Registration number: 06853508)
Balance Sheet as at 31 March 2024

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 October 2024
 

.........................................
Mr Slawomir Stanislaw Stobiecki
Director

 

Slawomir Stobiecki Limited trading as Highfield Dental Care

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Highfield Dental Care
22 University Road
Southampton
SO17 1TJ
United Kingdom

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Slawomir Stobiecki Limited trading as Highfield Dental Care

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Leasehold

None

Plant & Machinery

25% reducing balance

Motor Vehicles

25% reducing balance

Fixtures & Fittings

25% reducing balance

Computer Equipment

25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

15 years Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

 

Slawomir Stobiecki Limited trading as Highfield Dental Care

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 10 (2023 - 7).

 

Slawomir Stobiecki Limited trading as Highfield Dental Care

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 April 2023

330,305

330,305

At 31 March 2024

330,305

330,305

Amortisation

At 1 April 2023

220,203

220,203

Amortisation charge

22,020

22,020

At 31 March 2024

242,223

242,223

Carrying amount

At 31 March 2024

88,082

88,082

At 31 March 2023

110,102

110,102

 

Slawomir Stobiecki Limited trading as Highfield Dental Care

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

5

Tangible assets

Long leasehold land and buildings
£

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Cost or valuation

At 1 April 2023

243,751

19,308

169,183

40,487

Additions

-

-

15,376

831

Transfers

(145,757)

145,757

-

-

At 31 March 2024

97,994

165,065

184,559

41,318

Depreciation

At 1 April 2023

-

11,746

95,544

31,628

Charge for the year

-

38,330

22,256

2,492

At 31 March 2024

-

50,076

117,800

34,120

Carrying amount

At 31 March 2024

97,994

114,989

66,759

7,198

At 31 March 2023

243,751

7,562

73,639

8,859

 

Slawomir Stobiecki Limited trading as Highfield Dental Care

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2023

52,544

525,273

Additions

-

16,207

Transfers

-

-

At 31 March 2024

52,544

541,480

Depreciation

At 1 April 2023

30,377

169,295

Charge for the year

5,542

68,620

At 31 March 2024

35,919

237,915

Carrying amount

At 31 March 2024

16,625

303,565

At 31 March 2023

22,167

355,978

Included within the net book value of land and buildings above is £97,994 (2023 - £243,751) in respect of long leasehold land and buildings.
 

6

Stocks

2024
£

2023
£

Other inventories

32,844

22,334

7

Debtors

Current

2024
£

2023
£

Trade debtors

8,085

-

Prepayments

-

115

Other debtors

275,081

263,462

 

283,166

263,577

 

Slawomir Stobiecki Limited trading as Highfield Dental Care

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

8

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

9

72,569

89,052

Trade creditors

 

32,407

19,886

Taxation and social security

 

65,746

28,297

Other creditors

 

13,766

20,910

 

184,488

158,145

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

9

87,596

180,691

9

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Bank borrowings

47,372

60,501

Hire purchase contracts

25,197

28,551

72,569

89,052

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

51,729

117,146

Hire purchase contracts

35,867

63,545

87,596

180,691

 

Slawomir Stobiecki Limited trading as Highfield Dental Care

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

10

Related party transactions

Transactions with the director

2024

At 1 April 2023
£

Advances to director
£

Repayments by director
£

At 31 March 2024
£

Mr Slawomir Stanislaw Stobiecki

Movement during the year

217,096

98,117

(86,500)

228,713

2023

At 1 April 2022
£

Advances to director
£

Repayments by director
£

At 31 March 2023
£

Mr Slawomir Stanislaw Stobiecki

Movement during the year

221,530

84,328

(88,762)

217,096

Other transactions with the director

Interest has been charged on the loan at the offical rate for the year.