Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07469793 Dr Y Kaderbhai Mrs L Kaderbhai iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07469793 2023-03-31 07469793 2024-03-31 07469793 2023-04-01 2024-03-31 07469793 frs-core:CurrentFinancialInstruments 2024-03-31 07469793 frs-core:FurnitureFittings 2024-03-31 07469793 frs-core:FurnitureFittings 2023-04-01 2024-03-31 07469793 frs-core:FurnitureFittings 2023-03-31 07469793 frs-core:NetGoodwill 2024-03-31 07469793 frs-core:NetGoodwill 2023-04-01 2024-03-31 07469793 frs-core:NetGoodwill 2023-03-31 07469793 frs-core:ShareCapital 2024-03-31 07469793 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07469793 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07469793 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07469793 frs-bus:SmallEntities 2023-04-01 2024-03-31 07469793 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07469793 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07469793 frs-bus:Director1 2023-04-01 2024-03-31 07469793 frs-bus:Director2 2023-04-01 2024-03-31 07469793 frs-countries:EnglandWales 2023-04-01 2024-03-31 07469793 2022-03-31 07469793 2023-03-31 07469793 2022-04-01 2023-03-31 07469793 frs-core:CurrentFinancialInstruments 2023-03-31 07469793 frs-core:ShareCapital 2023-03-31 07469793 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07469793
WS4 Dental Care Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07469793
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 66,456 71,478
66,456 71,478
CURRENT ASSETS
Stocks 6 6,000 6,000
Debtors 7 423,847 404,300
Cash at bank and in hand 246,805 202,879
676,652 613,179
Creditors: Amounts Falling Due Within One Year 8 (100,902 ) (71,048 )
NET CURRENT ASSETS (LIABILITIES) 575,750 542,131
TOTAL ASSETS LESS CURRENT LIABILITIES 642,206 613,609
NET ASSETS 642,206 613,609
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 642,106 613,509
SHAREHOLDERS' FUNDS 642,206 613,609
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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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Y Kaderbhai
Director
13 November 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
WS4 Dental Care Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07469793 . The registered office is 67, Dental Surgery Lichfield Street, Walsall, WS4 2BY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 20% on reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.6. Taxation
The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 7)
7 7
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 450,000
As at 31 March 2024 450,000
Amortisation
As at 1 April 2023 450,000
As at 31 March 2024 450,000
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2023 238,175
Additions 11,589
As at 31 March 2024 249,764
Depreciation
As at 1 April 2023 166,697
Provided during the period 16,611
As at 31 March 2024 183,308
Net Book Value
As at 31 March 2024 66,456
As at 1 April 2023 71,478
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6. Stocks
2024 2023
£ £
Stock 6,000 6,000
7. Debtors
2024 2023
£ £
Due within one year
Other debtors 423,847 404,300
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 12,734 -
Other creditors 4,321 6,962
Taxation and social security 83,847 64,086
100,902 71,048
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
Included in Other Debtors is an interest-free loan, repayable on demand, amounting to £420,050 (2023: £404,300) to a company in which the director's have a common interest.
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