Registered number
06181373
Bassett Dental Practice Limited
Filleted Accounts
30 November 2023
Bassett Dental Practice Limited
Registered number: 06181373
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Fixed assets
Intangible assets 3 - 38,278
Tangible assets 4 295,027 258,435
295,027 296,713
Current assets
Stocks 3,750 3,700
Debtors 5 409,005 107,123
Cash at bank and in hand 97,563 272,333
510,318 383,156
Creditors: amounts falling due within one year 6 (375,528) (375,727)
Net current assets 134,790 7,429
Total assets less current liabilities 429,817 304,142
Creditors: amounts falling due after more than one year 7 (43,069) (32,209)
Provisions for liabilities (73,706) (49,056)
Net assets 313,042 222,877
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 312,042 221,877
Shareholders' funds 313,042 222,877
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Dr Jinal Patel
Director
Approved by the board on 14 November 2024
Bassett Dental Practice Limited
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Leasehold land and buildings 10% on cost
Fixtures, fittings, tools and equipment 10% Reducing balance basis
Motor Vehicles 10% Reducing balance basis
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 11 10
3 Intangible fixed assets £
Goodwill:
Cost
At 1 December 2022 592,034
At 30 November 2023 592,034
Amortisation
At 1 December 2022 553,756
Provided during the year 38,278
At 30 November 2023 592,034
Net book value
At 30 November 2023 -
At 30 November 2022 38,278
Goodwill is being amortised over its estimated useful life of 15 years.
4 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 December 2022 1,425 394,532 - 395,957
Additions - 35,873 33,500 69,373
At 30 November 2023 1,425 430,405 33,500 465,330
Depreciation
At 1 December 2022 1,425 136,097 - 137,522
Charge for the year - 29,431 3,350 32,781
At 30 November 2023 1,425 165,528 3,350 170,303
Net book value
At 30 November 2023 - 264,877 30,150 295,027
At 30 November 2022 - 258,435 - 258,435
5 Debtors 2023 2022
£ £
Trade debtors 8,943 5,845
Amounts owed by group undertakings and undertakings in which the company has a participating interest 302,500 -
Other debtors 97,562 101,278
409,005 107,123
6 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 7,500 7,500
Obligations under finance lease and hire purchase contracts 12,000 6,000
Trade creditors 12,928 10,772
Amounts owed to group undertakings and undertakings in which the company has a participating interest 282,412 280,584
Taxation and social security costs 47,721 58,843
Other creditors 12,967 12,028
375,528 375,727
7 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 27,031 30,557
Obligations under finance lease and hire purchase contracts 16,038 1,652
43,069 32,209
8 Other information
Bassett Dental Practice Limited is a private company limited by shares and incorporated in England. Its registered office is:
82 Glen Eyre Road
Southampton
England
SO16 3NL
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