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Company Registration No. 08597142 (England and Wales)
Tooth London Ltd Unaudited accounts for the year ended 30 April 2024
Tooth London Ltd Unaudited accounts Contents
Page
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Tooth London Ltd Company Information for the year ended 30 April 2024
Directors
Mr P J S Mansbridge Ms A K Olczak
Company Number
08597142 (England and Wales)
Registered Office
Crown House 27 Old Gloucester Street London WC1N 3AX
Accountants
Mackenzie 10 The Crossways Guildford GU2 7QQ
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Tooth London Ltd for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Tooth London Ltd for the year ended 30 April 2024 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-june-2020.
Our work has been undertaken in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-june-2020.
Mackenzie Chartered Accountants 10 The Crossways Guildford GU2 7QQ 14 December 2024
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Tooth London Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
216,000 
288,000 
Tangible assets
347,413 
322,759 
563,413 
610,759 
Current assets
Debtors
5,592 
23,100 
Cash at bank and in hand
727,261 
616,784 
732,853 
639,884 
Creditors: amounts falling due within one year
(275,829)
(294,486)
Net current assets
457,024 
345,398 
Total assets less current liabilities
1,020,437 
956,157 
Creditors: amounts falling due after more than one year
(11,397)
(21,397)
Provisions for liabilities
Deferred tax
(52,000)
(45,000)
Net assets
957,040 
889,760 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
957,038 
889,758 
Shareholders' funds
957,040 
889,760 
For the year ending 30 April 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 December 2024 and were signed on its behalf by
Mr P J S Mansbridge Director Company Registration No. 08597142
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Tooth London Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Tooth London Ltd is a private company, limited by shares, registered in England and Wales, registration number 08597142. The registered office is Crown House, 27 Old Gloucester Street, London, WC1N 3AX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and can be reliably measured. It is measured as the fair value of the consideration received or receivable, exluding discounts, rebates, value added tax and other taxes Rendering of services Turnover from the rendering of services is recognised in the period in which the services are provided in accordance with 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. Turnover is only recognised to the extent of recoverable costs when the outcome of a contract cannot be estimated reliably. Turnover represents the value of dentistry goods or services supplied. Private treatment is recognised based on the stage of completion and takes account of payments received at the time of treatment.
Intangible fixed assets
Intangible fixed assets, being purchased goodwill and goodwill arising on incorporation are included at cost less accumulated amortisation. Goodwill is amortised on a straight line basis over the estimated useful life - 10 years.
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Tooth London Ltd Notes to the Accounts for the year ended 30 April 2024
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees and the pension charge represents the amounts payable by the company to the fund in respect of the year. Similarly, contributions paid by the company into personal pension schemes in the name of directors are included in pension costs in the year in which paid..
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. 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.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
720,000 
At 30 April 2024
720,000 
Amortisation
At 1 May 2023
432,000 
Charge for the year
72,000 
At 30 April 2024
504,000 
Net book value
At 30 April 2024
216,000 
At 30 April 2023
288,000 
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Tooth London Ltd Notes to the Accounts for the year ended 30 April 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 May 2023
111,141 
182,645 
- 
216,291 
5,193 
515,270 
Additions
- 
- 
104,423 
- 
- 
104,423 
At 30 April 2024
111,141 
182,645 
104,423 
216,291 
5,193 
619,693 
Depreciation
At 1 May 2023
- 
94,850 
- 
94,972 
2,689 
192,511 
Charge for the year
- 
21,949 
26,106 
30,329 
1,385 
79,769 
At 30 April 2024
- 
116,799 
26,106 
125,301 
4,074 
272,280 
Net book value
At 30 April 2024
111,141 
65,846 
78,317 
90,990 
1,119 
347,413 
At 30 April 2023
111,141 
87,795 
- 
121,319 
2,504 
322,759 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
18,268 
23,182 
Other debtors
(12,676)
(82)
5,592 
23,100 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Trade creditors
104,961 
69,707 
Taxes and social security
77,979 
113,500 
Loans from directors
27,889 
51,279 
Deferred income
55,000 
50,000 
275,829 
294,486 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,397 
21,397 
9
Average number of employees
During the year the average number of employees was 18 (2023: 10).
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