Caseware UK (AP4) 2023.0.135 2023.0.135 2023-05-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true10falsedental practice activities11truefalse 07202662 2023-05-01 2024-04-30 07202662 2022-05-01 2023-04-30 07202662 2024-04-30 07202662 2023-04-30 07202662 c:Director1 2023-05-01 2024-04-30 07202662 d:PlantMachinery 2023-05-01 2024-04-30 07202662 d:PlantMachinery 2024-04-30 07202662 d:PlantMachinery 2023-04-30 07202662 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 07202662 d:FurnitureFittings 2023-05-01 2024-04-30 07202662 d:FurnitureFittings 2024-04-30 07202662 d:FurnitureFittings 2023-04-30 07202662 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 07202662 d:ComputerEquipment 2023-05-01 2024-04-30 07202662 d:ComputerEquipment 2024-04-30 07202662 d:ComputerEquipment 2023-04-30 07202662 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 07202662 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 07202662 d:Goodwill 2023-05-01 2024-04-30 07202662 d:Goodwill 2024-04-30 07202662 d:Goodwill 2023-04-30 07202662 d:CurrentFinancialInstruments 2024-04-30 07202662 d:CurrentFinancialInstruments 2023-04-30 07202662 d:Non-currentFinancialInstruments 2024-04-30 07202662 d:Non-currentFinancialInstruments 2023-04-30 07202662 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 07202662 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 07202662 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 07202662 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 07202662 d:ShareCapital 2024-04-30 07202662 d:ShareCapital 2023-04-30 07202662 d:RetainedEarningsAccumulatedLosses 2024-04-30 07202662 d:RetainedEarningsAccumulatedLosses 2023-04-30 07202662 c:FRS102 2023-05-01 2024-04-30 07202662 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07202662 c:FullAccounts 2023-05-01 2024-04-30 07202662 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07202662 2 2023-05-01 2024-04-30 07202662 d:Goodwill d:OwnedIntangibleAssets 2023-05-01 2024-04-30 07202662 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Registered number: 07202662













Henleaze Dental Practice Limited

Financial statements
Information for filing with the registrar

30 April 2024




 
Henleaze Dental Practice Limited


Balance sheet
At 30 April 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
75,750
126,250

Tangible assets
 5 
88,328
58,266

  
164,078
184,516

Current assets
  

Stocks
  
5,000
4,400

Debtors
 6 
138,634
124,952

Cash at bank and in hand
  
56,327
105,684

  
199,961
235,036

Creditors: amounts falling due within one year
 7 
(104,685)
(102,074)

Net current assets
  
 
 
95,276
 
 
132,962

Total assets less current liabilities
  
259,354
317,478

Creditors: amounts falling due after more than one year
 8 
(84,606)
(92,326)

Provisions for liabilities
  

Deferred tax
  
(21,310)
(13,108)

Net assets
  
153,438
212,044


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
152,438
211,044

Shareholders' funds
  
153,438
212,044


1

 
Henleaze Dental Practice Limited

    
Balance sheet (continued)
At 30 April 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 January 2025.




M W Haseltine
Director

Registered number: 07202662
The notes on pages 3 to 8 form part of these financial statements. 

2

 
Henleaze Dental Practice Limited
 
 

Notes to the financial statements
Year ended 30 April 2024

1.


General information

Henleaze Dental Practice Limited ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England and Wales. The address of the registered office is 130 Henleaze Road, Henleaze, Bristol BS9 4LB.

2.Accounting policies

 
2.1

Statement of compliance

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.

 
2.2

Revenue

The turnover shown in the profit and loss account represents NHS contract income, private fees and
capitation schemes income receivable during the period.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the statement of comprehensive income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Goodwill
-
10
years

3

 
Henleaze Dental Practice Limited
 

 
Notes to the financial statements
Year ended 30 April 2024

2.Accounting policies (continued)

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
reducing balance
Fixtures and fittings
-
25%
reducing balance
Computer equipment
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

4

 
Henleaze Dental Practice Limited
 

 
Notes to the financial statements
Year ended 30 April 2024

2.Accounting policies (continued)


2.9
Financial instruments (continued)

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 10 (2023 - 11).

5

 
Henleaze Dental Practice Limited
 
 

Notes to the financial statements
Year ended 30 April 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 May 2023
505,000



At 30 April 2024

505,000



Amortisation


At 1 May 2023
378,750


Charge for the year
50,500



At 30 April 2024

429,250



Net book value



At 30 April 2024
75,750



At 30 April 2023
126,250



6

 
Henleaze Dental Practice Limited
 
 

Notes to the financial statements
Year ended 30 April 2024

5.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost


At 1 May 2023
124,286
13,962
29,379
167,627


Additions
51,545
367
3,202
55,114



At 30 April 2024

175,831
14,329
32,581
222,741



Depreciation


At 1 May 2023
77,398
11,783
20,181
109,362


Charge for the year
21,738
595
2,718
25,051



At 30 April 2024

99,136
12,378
22,899
134,413



Net book value



At 30 April 2024
76,695
1,951
9,682
88,328



At 30 April 2023
46,889
2,179
9,198
58,266


6.


Debtors

2024
2023
£
£


Trade debtors
4,718
4,826

Other debtors
127,174
114,746

Prepayments and accrued income
6,742
5,380

138,634
124,952


7

 
Henleaze Dental Practice Limited
 
 

Notes to the financial statements
Year ended 30 April 2024

7.


Creditors: amounts falling due within one year

2024
2023
£
£

Credit card
1,449
3,531

Bank loans
9,214
10,383

Other loans
10,833
11,841

Trade creditors
22,393
23,031

Corporation tax
29,942
34,091

Other taxation and social security
1,630
1,231

Obligations under finance lease and hire purchase contracts
19,581
13,566

Other creditors
4,723
440

Accruals and deferred income
4,920
3,960

104,685
102,074



8.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Bank loans
14,017
22,063

Other loans
54,625
64,450

Net obligations under finance leases and hire purchase contracts
15,964
5,813

84,606
92,326



9.


Related party transactions

During the year, A Haseltine operated a shareholder loan account to record the amounts due to and from the company. The balance outstanding at the 30 April 2024 was £2,000 due from the company (2023: £nil due from the company). 
During the year, L Haseltine operated a shareholder loan account to record the amounts due to and from the company. The balance outstanding at the 30 April 2024 was £2,000 due from the company (2023: £nil due from the company). 

 
8