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REGISTERED NUMBER: 04415586 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

DOCS UK Limited

DOCS UK Limited (Registered number: 04415586)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DOCS UK Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: A Rao
J T McGill





REGISTERED OFFICE: 5 Christchurch Road
Bristol
BS8 4EF





REGISTERED NUMBER: 04415586 (England and Wales)





ACCOUNTANTS: Verinder Powell Associates Ltd
Suite 5 Corum 2
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ

DOCS UK Limited (Registered number: 04415586)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 62,808 66,657

CURRENT ASSETS
Stocks 23,475 26,272
Debtors 5 142,179 88,233
Cash at bank 41,335 21,595
206,989 136,100
CREDITORS
Amounts falling due within one year 6 159,713 101,644
NET CURRENT ASSETS 47,276 34,456
TOTAL ASSETS LESS CURRENT LIABILITIES 110,084 101,113

CREDITORS
Amounts falling due after more than one
year

7

(1,835

)

(8,934

)

PROVISIONS FOR LIABILITIES (11,869 ) (11,583 )
NET ASSETS 96,380 80,596

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 96,280 80,496
96,380 80,596

DOCS UK Limited (Registered number: 04415586)

Balance Sheet - continued
30 April 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 26 January 2025 and were signed on its behalf by:





A Rao - Director


DOCS UK Limited (Registered number: 04415586)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

DOCS UK 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

There have been no material departures from the Financial Reporting Standard 102 1A.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of dentistry services in the ordinary course of the company’s activities.

The company recognises revenue when:
- it is in line with work performed;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

For Denplan patients the company recognises revenue:
- evenly across the year as it is received from Denplan;
- when the amount to be received can be reliably measured;
- when it is probable that it will be paid to the company.

Tangible fixed assets
Tangible fixed assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

DOCS UK Limited (Registered number: 04415586)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property- 10% on cost
Plant and machinery- 10% on reducing balance
Fixtures and fittings- 15% on reducing balance
Computer equipment- 33% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

DOCS UK Limited (Registered number: 04415586)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

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 10 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 160,744 76,971 36,809 44,268 318,792
Additions - 7,253 - 141 7,394
At 30 April 2024 160,744 84,224 36,809 44,409 326,186
DEPRECIATION
At 1 May 2023 140,088 43,474 25,176 43,397 252,135
Charge for year 5,100 3,773 1,745 625 11,243
At 30 April 2024 145,188 47,247 26,921 44,022 263,378
NET BOOK VALUE
At 30 April 2024 15,556 36,977 9,888 387 62,808
At 30 April 2023 20,656 33,497 11,633 871 66,657

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 7,111 3,337
Other debtors 135,068 84,896
142,179 88,233

DOCS UK Limited (Registered number: 04415586)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 10,047 6,738
Trade creditors 50,873 38,133
Taxation and social security 22,796 11,029
Other creditors 75,997 45,744
159,713 101,644

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 1,835 8,934

8. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Hire purchase contracts 11,882 15,672

Hire purchase contracts are secured over the assets to which they relate.

9. PENSION COMMITMENTS

The entity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the entity in an independently administered fund. Contributions totalling £878 (2023 - £625) were payable to the fund at the reporting date.

10. OTHER FINANCIAL COMMITMENTS

At the reporting end date, the company had outstanding commitments for future minimum lease payments under non-cancellable leases totalling £465,830 (2023 - £513,143).

DOCS UK Limited (Registered number: 04415586)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

11. RELATED PARTY DISCLOSURES

Loans from related parties



Other related
parties


Total
2024 £ £
At start of period 22,962 22,962
Advanced 2,631 2,631
Repaid (1,124 ) (1,124 )
At end of period 24,469 24,469


Other related
parties


Total
2023 £ £
At start of period 24,069 24,069
Advanced - -
Repaid (1,107 ) (1,107 )
At end of period 22,962 22,692


The loans from other related parties are interest free and repayable on demand.

DOCS UK Limited (Registered number: 04415586)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

11. RELATED PARTY DISCLOSURES - continued

Loans to related parties



Other related
parties


Total
2024 £ £
At start of period 50,250 50,250
Advanced 49,600 49,600
Repaid (2,100 ) (2,100 )
At end of period 97,750 97,750


Other related
parties


Total
2023 £ £
At start of period 8,500 8,500
Advanced 41,750 41,750
Repaid - -
At end of period 50,250 50,250


The loans to other related parties are interest free and repayable on demand.