Company Registration No. 12541389 (England and Wales)
A.R.M Dental Ltd
Unaudited accounts
for the year ended 31 March 2024
A.R.M Dental Ltd
Unaudited accounts
Contents
A.R.M Dental Ltd
Company Information
for the year ended 31 March 2024
Director
Dr. Murtuza T Parekh
Company Number
12541389 (England and Wales)
Registered Office
74 Richmond Road
Twickenham
TW1 3BE
England
Accountants
Maknas Accountants Limited
2A Grange Road
Romford
Essex
RM3 7DU
A.R.M Dental Ltd
Statement of financial position
as at 31 March 2024
Intangible assets
154,000
176,000
Tangible assets
246,036
264,773
Cash at bank and in hand
27,292
38,194
Creditors: amounts falling due within one year
(4,846)
(15,181)
Net current assets
24,113
28,219
Total assets less current liabilities
424,149
468,992
Creditors: amounts falling due after more than one year
(482,365)
(506,611)
Net liabilities
(58,216)
(37,619)
Called up share capital
3
3
Profit and loss account
(58,219)
(37,622)
Shareholders' funds
(58,216)
(37,619)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 November 2024 and were signed on its behalf by
Dr. Murtuza T Parekh
Director
Company Registration No. 12541389
A.R.M Dental Ltd
Notes to the Accounts
for the year ended 31 March 2024
A.R.M Dental Ltd is a private company, limited by shares, registered in England and Wales, registration number 12541389. The registered office is 74 Richmond Road, Twickenham, TW1 3BE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates. Turnover from dental services is recognised when the work is completed. Turnover from retail sales is recognised on delivery of goods.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over life of the lease
Plant & machinery
25% Reducing balance
Fixtures & fittings
25% Reducing balance
Computer equipment
25% Reducing balance
Goodwill are included at cost less accumulated amortisation. Goodwill is being written down over 10 years.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
A.R.M Dental Ltd
Notes to the Accounts
for the year ended 31 March 2024
4
Intangible fixed assets
Goodwill
Charge for the year
22,000
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
194,227
87,028
33,973
10,548
325,776
Additions
-
-
-
4,602
4,602
At 31 March 2024
194,227
87,028
33,973
15,150
330,378
At 1 April 2023
6,070
38,075
12,243
4,615
61,003
Charge for the year
3,035
12,238
5,432
2,634
23,339
At 31 March 2024
9,105
50,313
17,675
7,249
84,342
At 31 March 2024
185,122
36,715
16,298
7,901
246,036
At 31 March 2023
188,157
48,953
21,730
5,933
264,773
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,698
14,471
Taxes and social security
-
710
A.R.M Dental Ltd
Notes to the Accounts
for the year ended 31 March 2024
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
373,466
389,630
Loans from directors
108,899
116,981
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).