06246605falsethat of the provision of oral health and ancillary srevices2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:CompanySecretary12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-04-012024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-04-012024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06246605

SPL Hereford Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
Staffer Mayled & Co Limited
46-48
Station Road
Llanishen
Cardiff
CF14 5LU

SPL Hereford Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
Simon Portman-Lewis
SECRETARY
Melissa Portman Lewis
REGISTERED OFFICE
46-48 Station Road
Llanishen
Cardiff
South Glamorgan
CF14 5LU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06246605
ACCOUNTANTS
Staffer Mayled & Co Limited
46-48
Station Road
Llanishen
Cardiff
CF14 5LU

SPL Hereford Limited

ACCOUNTS
FOR THEYEARENDED31/03/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

SPL Hereford Limited

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Intangible assets250,19163,007
Tangible assets328,58132,843
Investment Assets444,32644,326
123,098140,176
CURRENT ASSETS
Stock2,8632,701
Debtors619,21716,846
Cash at bank and in hand154,781111,593
176,861131,140
CREDITORS: Amounts falling due within one year748,92450,600
NET CURRENT ASSETS127,93780,540
TOTAL ASSETS LESS CURRENT LIABILITIES251,035220,716
PROVISIONS FOR LIABILITIES AND CHARGES95,0605,877
NET ASSETS245,975214,839
CAPITAL AND RESERVES
Called up share capital10100100
Profit and loss account245,875214,739
SHAREHOLDERS' FUNDS245,975214,839
For the year ending 31/03/2024 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 05/12/2024 and signed on their behalf by
.............................
Simon Portman-Lewis
Director

SPL Hereford Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
1f. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.

SPL Hereford Limited

2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/04/2023256,315256,315
At 31/03/2024256,315256,315
Depreciation
At 01/04/2023193,308193,308
For the year12,81612,816
At 31/03/2024206,124206,124
Net Book Amounts
At 31/03/202450,19150,191
At 31/03/202363,00763,007
3. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 01/04/2023218,066218,066
Additions5,3075,307
At 31/03/2024223,373223,373
Depreciation
At 01/04/2023185,223185,223
For the year9,5699,569
At 31/03/2024194,792194,792
Net Book Amounts
At 31/03/202428,58128,581
At 31/03/202332,84332,843

SPL Hereford Limited

4. FINANCIAL ASSETS
LoansTotal
££
Cost
At 01/04/202344,32644,326
At 31/03/202444,32644,326
Amortisation
Net Book Amounts
At 31/03/202444,32644,326
At 31/03/202344,32644,326
5. STOCK 20242023
££
Stock comprises:
Stock2,8632,701
2,8632,701
6. DEBTORS 20242023
££
Amounts falling due within one year
Other debtors4,8112,440
4,8112,440
Amounts falling due over more than one year
Long term debtor14,40614,406
14,40614,406
19,21716,846

SPL Hereford Limited

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax33,35734,339
PAYE control1,8842,495
Directors current account356-
Trade creditors12,76213,128
Patient charges565638
48,92450,600
8. EMPLOYEES
20242023
No.No.
Average number of employees--
9. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation5,0605,877
5,0605,877
10. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
11. CONTROLLING PARTY
Are the directors and shareholders of the company

SPL Hereford Limited

12. RELATED PARTY TRANSACTIONS
Dr Portman-Lewis has entered into a commercial loan agreement with the company. A loan of £44,325 has been granted to Dr Portman-Lewis at an interest rate of 3% per annum. The loan is unsecured, contractually binding and will be reviewed annually as regards repayment and interest rates. S455 tax has been paid on the full amount of this outstanding balance.