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REGISTERED NUMBER: 11143865 (England and Wales)









PEPPERMINT DENTAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






PEPPERMINT DENTAL LIMITED (REGISTERED NUMBER: 11143865)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PEPPERMINT DENTAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Dr D Shah





REGISTERED OFFICE: 43 Goring Road
Goring-by-Sea
Worthing
West Sussex
BN12 4AS





REGISTERED NUMBER: 11143865 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

PEPPERMINT DENTAL LIMITED (REGISTERED NUMBER: 11143865)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 213,026 228,242
Tangible assets 5 79,243 87,431
292,269 315,673

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 6 379,027 243,635
Cash at bank and in hand 35,151 34,666
417,178 281,301
CREDITORS
Amounts falling due within one year 7 81,737 77,293
NET CURRENT ASSETS 335,441 204,008
TOTAL ASSETS LESS CURRENT
LIABILITIES

627,710

519,681

CREDITORS
Amounts falling due after more than one
year

8

(199,486

)

(214,112

)

PROVISIONS FOR LIABILITIES (10,264 ) (10,215 )
NET ASSETS 417,960 295,354

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 417,959 295,353
SHAREHOLDERS' FUNDS 417,960 295,354

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

PEPPERMINT DENTAL LIMITED (REGISTERED NUMBER: 11143865)

BALANCE SHEET - continued
31 MARCH 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 November 2024 and were signed by:





Dr D Shah - Director


PEPPERMINT DENTAL LIMITED (REGISTERED NUMBER: 11143865)

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

1. STATUTORY INFORMATION

Peppermint 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, 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.
Dental equipment - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

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

Financial instruments
Debtors and cash at bank: Trade and other debtors are recognised at the settlement amount due after any trade discount offered. prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand includes cash on deposit or in a current account.

Creditors and provisions: Creditors and provisions are recognised where there is a present obligation resulting from a past event that will probably result in the transfer of economic benefits to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

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 balance sheet date.


PEPPERMINT DENTAL LIMITED (REGISTERED NUMBER: 11143865)

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

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences at the balance sheet date, except as otherwise required in the paragraphs below.

Unrelieved 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 shall not be recognised on permanent differences, other than a business combination where assets (other than goodwill) give rise to an deferred tax asset or liability.

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 9 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 304,322
AMORTISATION
At 1 April 2023 76,080
Charge for year 15,216
At 31 March 2024 91,296
NET BOOK VALUE
At 31 March 2024 213,026
At 31 March 2023 228,242

5. TANGIBLE FIXED ASSETS
Fixtures
Dental and Computer
equipment fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 134,199 28,742 5,603 168,544
Additions - 5,953 5,670 11,623
At 31 March 2024 134,199 34,695 11,273 180,167
DEPRECIATION
At 1 April 2023 60,762 17,741 2,610 81,113
Charge for year 14,687 3,391 1,733 19,811
At 31 March 2024 75,449 21,132 4,343 100,924
NET BOOK VALUE
At 31 March 2024 58,750 13,563 6,930 79,243
At 31 March 2023 73,437 11,001 2,993 87,431

PEPPERMINT DENTAL LIMITED (REGISTERED NUMBER: 11143865)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,951 5,831
Amounts owed by group undertakings 373,023 235,926
Other debtors 3,053 1,878
379,027 243,635

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 16,000 16,000
Trade creditors 9,925 19,171
Taxation and social security 43,995 29,611
Other creditors 11,817 12,511
81,737 77,293

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 199,486 214,112

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 215,486 230,112

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

11. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Dipa Shah Limited, Casterbridge, The Thatchway, Angmering, Littlehampton, West Sussex, BN16 4HJ.

The registered office address for Dipa Shah Limited is the same as above.

Dr D Shah is the company's ultimate controlling party by virtue of her 100% holding of the shares in the parent company, Dipa Shah Limited.