IRIS Accounts Production v24.3.0.553 06854077 Board of Directors Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068540772023-04-30068540772024-04-30068540772023-05-012024-04-30068540772022-04-30068540772022-05-012023-04-30068540772023-04-3006854077ns15:EnglandWales2023-05-012024-04-3006854077ns14:PoundSterling2023-05-012024-04-3006854077ns10:Director12023-05-012024-04-3006854077ns10:Director22023-05-012024-04-3006854077ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3006854077ns10:SmallEntities2023-05-012024-04-3006854077ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3006854077ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3006854077ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3006854077ns10:FullAccounts2023-05-012024-04-300685407712023-05-012024-04-3006854077ns10:OrdinaryShareClass12023-05-012024-04-3006854077ns10:CompanySecretary12023-05-012024-04-3006854077ns10:RegisteredOffice2023-05-012024-04-3006854077ns5:CurrentFinancialInstruments2024-04-3006854077ns5:CurrentFinancialInstruments2023-04-3006854077ns5:Non-currentFinancialInstruments2024-04-3006854077ns5:Non-currentFinancialInstruments2023-04-3006854077ns5:ShareCapital2024-04-3006854077ns5:ShareCapital2023-04-3006854077ns5:RetainedEarningsAccumulatedLosses2024-04-3006854077ns5:RetainedEarningsAccumulatedLosses2023-04-3006854077ns5:NetGoodwill2023-05-012024-04-3006854077ns5:ComputerSoftware2023-05-012024-04-3006854077ns5:PlantMachinery2023-05-012024-04-3006854077ns5:FurnitureFittings2023-05-012024-04-3006854077ns5:NetGoodwill2023-04-3006854077ns5:ComputerSoftware2023-04-3006854077ns5:NetGoodwill2024-04-3006854077ns5:ComputerSoftware2024-04-3006854077ns5:NetGoodwill2023-04-3006854077ns5:ComputerSoftware2023-04-3006854077ns5:PlantMachinery2023-04-3006854077ns5:FurnitureFittings2023-04-3006854077ns5:PlantMachinery2024-04-3006854077ns5:FurnitureFittings2024-04-3006854077ns5:PlantMachinery2023-04-3006854077ns5:FurnitureFittings2023-04-3006854077ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-04-3006854077ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-05-012024-04-3006854077ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-04-3006854077ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-04-3006854077ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3006854077ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3006854077ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-04-3006854077ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-04-3006854077ns5:Secured2024-04-3006854077ns5:Secured2023-04-3006854077ns10:OrdinaryShareClass12024-04-30
REGISTERED NUMBER: 06854077 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

JAMIE PUGH DENTAL HEALTHCARE LTD

JAMIE PUGH DENTAL HEALTHCARE LTD (REGISTERED NUMBER: 06854077)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


JAMIE PUGH DENTAL HEALTHCARE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mr J J Pugh
Mrs T Pugh





SECRETARY: Mrs T Pugh





REGISTERED OFFICE: 15-16 Cardiff Street
Aberdare
Rhondda Cynon Taf
CF44 7DP





REGISTERED NUMBER: 06854077 (England and Wales)





ACCOUNTANTS: Sullivans Chartered Accountants
13-14 Gelliwastad Road
Pontypridd
Rhondda Cynon Taf
CF37 2BW

JAMIE PUGH DENTAL HEALTHCARE LTD (REGISTERED NUMBER: 06854077)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

30/4/24 30/4/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 165,753 133,002
165,753 133,002

CURRENT ASSETS
Inventories 6 2,950 2,950
Debtors 7 14,799 18,757
Cash at bank and in hand 57,219 75,450
74,968 97,157
CREDITORS
Amounts falling due within one year 8 70,261 57,158
NET CURRENT ASSETS 4,707 39,999
TOTAL ASSETS LESS CURRENT
LIABILITIES

170,460

173,001

CREDITORS
Amounts falling due after more than one
year

9

(72,030

)

(49,171

)

PROVISIONS FOR LIABILITIES (29,114 ) (22,736 )
NET ASSETS 69,316 101,094

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 69,216 100,994
SHAREHOLDERS' FUNDS 69,316 101,094

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.

JAMIE PUGH DENTAL HEALTHCARE LTD (REGISTERED NUMBER: 06854077)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 2024


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 29 January 2025 and were signed on its behalf by:




Mr J J Pugh - Director



Mrs T Pugh - Director


JAMIE PUGH DENTAL HEALTHCARE LTD (REGISTERED NUMBER: 06854077)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Jamie Pugh Dental Healthcare Ltd 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.

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.

Going Concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover
Turnover represents sale of goods and services in respect of NHS and private client dentistry. The company has the right to income following each customers appointment and completion of the dentistry work.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
The website constructed during the year is being amortised evenly over its estimated useful life. Amortisation of the asset is based on a policy of 20% straight line.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

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 statement of financial position date.


JAMIE PUGH DENTAL HEALTHCARE LTD (REGISTERED NUMBER: 06854077)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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 14 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill Website Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 145,000 5,346 150,346
AMORTISATION
At 1 May 2023
and 30 April 2024 145,000 5,346 150,346
NET BOOK VALUE
At 30 April 2024 - - -
At 30 April 2023 - - -

JAMIE PUGH DENTAL HEALTHCARE LTD (REGISTERED NUMBER: 06854077)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 May 2023 301,679 113,662 415,341
Additions 60,867 - 60,867
At 30 April 2024 362,546 113,662 476,208
DEPRECIATION
At 1 May 2023 202,103 80,236 282,339
Charge for year 23,102 5,014 28,116
At 30 April 2024 225,205 85,250 310,455
NET BOOK VALUE
At 30 April 2024 137,341 28,412 165,753
At 30 April 2023 99,576 33,426 133,002

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 May 2023 20,879
Additions 58,499
At 30 April 2024 79,378
DEPRECIATION
At 1 May 2023 9,075
Charge for year 4,311
At 30 April 2024 13,386
NET BOOK VALUE
At 30 April 2024 65,992
At 30 April 2023 11,804

6. INVENTORIES
30/4/24 30/4/23
£    £   
Stocks 2,950 2,950

JAMIE PUGH DENTAL HEALTHCARE LTD (REGISTERED NUMBER: 06854077)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Trade debtors - 709
Directors' current accounts 8,591 11,645
Prepayments 6,208 6,403
14,799 18,757

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Bank loans and overdrafts 21,200 20,987
Hire purchase contracts 13,580 4,176
Trade creditors 15,316 5,150
Tax 7,429 17,123
Social security and other taxes 2,498 268
Other creditors 3,709 2,850
Pension creditor 595 1,036
Accrued expenses 5,934 5,568
70,261 57,158

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/4/24 30/4/23
£    £   
Bank loans - 1-2 years 22,641 43,255
Hire purchase contracts 49,389 5,916
72,030 49,171

10. SECURED DEBTS

The following secured debts are included within creditors:

30/4/24 30/4/23
£    £   
Bank loans 43,841 64,242
Hire purchase contracts 62,969 10,092
106,810 74,334

The company has provided Barclays Bank with a cross guarantee on behalf of the company director, Mr. J Pugh, for a value of £235,000 which is supported by a standard debenture. This guarantee relates to the commercial property rented by the company.

Hire purchase liability is secured against the asset to which it relates.

The directors have provided Development Bank of Wales a joint and several personal guarantee, for the lesser of 20% of the loan amount or £25,000 plus interest, costs and expenses.

JAMIE PUGH DENTAL HEALTHCARE LTD (REGISTERED NUMBER: 06854077)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/4/24 30/4/23
value: £    £   
100 Ordinary £1 100 100

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The director's loan account was repaid within 9 months of the year end.