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REGISTERED NUMBER: 06149442 (England and Wales)















ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

FIVE RIVERS DENTAL LIMITED

FIVE RIVERS DENTAL LIMITED (REGISTERED NUMBER: 06149442)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024










Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


FIVE RIVERS DENTAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: Dr E I Ali B.D.S.
Dr A H Jaffer B.D.S.
Mr A Jaffer BDS; MJDF; RCS



SECRETARY: Dr A H Jaffer B.D.S.



REGISTERED OFFICE: Westmeads Dental Practice
3 The Precinct
Bognor Regis
West Sussex
PO21 5SB



REGISTERED NUMBER: 06149442 (England and Wales)



ACCOUNTANTS: R Pau & Co Limited
Chartered Certified Accountants
12-16 Station Street East
Coventry
West Midlands
CV6 5FJ



BANKERS: Santander
Bridle Road
Bootle
L30 4GB

FIVE RIVERS DENTAL LIMITED (REGISTERED NUMBER: 06149442)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 120,280 146,840
Tangible assets 5 253,048 290,965
373,328 437,805

CURRENT ASSETS
Stocks 10,584 17,117
Debtors 1,136,285 1,311,769
Cash at bank 428,767 379,251
1,575,636 1,708,137
CREDITORS
Amounts falling due within one year 145,102 270,867
NET CURRENT ASSETS 1,430,534 1,437,270
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,803,862

1,875,075

PROVISIONS FOR LIABILITIES 63,042 21,626
NET ASSETS 1,740,820 1,853,449

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,740,818 1,853,447
SHAREHOLDERS' FUNDS 1,740,820 1,853,449

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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.

FIVE RIVERS DENTAL LIMITED (REGISTERED NUMBER: 06149442)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31ST MARCH 2024


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

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31st March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 4th October 2024 and were signed on its behalf by:




Mr A Jaffer BDS; MJDF; RCS - Director Dr A H Jaffer B.D.S. - Director




Dr E I Ali B.D.S. - Director


FIVE RIVERS DENTAL LIMITED (REGISTERED NUMBER: 06149442)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024


1. STATUTORY INFORMATION

Five Rivers Dental Limited 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.

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 represents the provision of dental services during the year.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty 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.
Improvements to property - 10% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 25% on cost

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

FIVE RIVERS DENTAL LIMITED (REGISTERED NUMBER: 06149442)

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


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 17 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2023
and 31st March 2024 531,200
AMORTISATION
At 1st April 2023 384,360
Amortisation for year 26,560
At 31st March 2024 410,920
NET BOOK VALUE

At 31st March 2024 120,280
At 31st March 2023 146,840

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2023 532,927
Additions 13,264
At 31st March 2024 546,191
DEPRECIATION
At 1st April 2023 241,962
Charge for year 51,181
At 31st March 2024 293,143
NET BOOK VALUE
At 31st March 2024 253,048
At 31st March 2023 290,965