Company Registration No. 06991197 (England and Wales)
Synergy Dental Care Ltd
Unaudited accounts
for the year ended 30 April 2024
Synergy Dental Care Ltd
Unaudited accounts
Contents
Synergy Dental Care Ltd
Company Information
for the year ended 30 April 2024
Directors
Lesley Morgan-Barlow
Richard Armishaw
Secretary
Lesley Morgan-Barlow
Company Number
06991197 (England and Wales)
Registered Office
Heath Hill Green Ltd
Atlantic Business Centre
Altrincham
WA14 5NQ
Synergy Dental Care Ltd
Statement of financial position
as at 30 April 2024
Intangible assets
383,367
409,300
Tangible assets
826,407
815,838
Cash at bank and in hand
31,553
43,550
Creditors: amounts falling due within one year
(347,697)
(292,970)
Net current liabilities
(278,548)
(202,760)
Total assets less current liabilities
931,226
1,022,378
Creditors: amounts falling due after more than one year
(745,182)
(846,624)
Provisions for liabilities
Deferred tax
(48,135)
(45,508)
Net assets
137,909
130,246
Called up share capital
100
100
Profit and loss account
137,809
130,146
Shareholders' funds
137,909
130,246
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 29 January 2025 and were signed on its behalf by
Lesley Morgan-Barlow
Director
Company Registration No. 06991197
Synergy Dental Care Ltd
Notes to the Accounts
for the year ended 30 April 2024
Synergy Dental Care Ltd is a private company, limited by shares, registered in England and Wales, registration number 06991197. The registered office is Heath Hill Green Ltd, Atlantic Business Centre, Altrincham, WA14 5NQ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
Depreciation is not provided as stated at cost
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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 not discounted.
Synergy Dental Care Ltd
Notes to the Accounts
for the year ended 30 April 2024
4
Intangible fixed assets
Goodwill
Other
Total
At 1 May 2023
636,275
26,142
662,417
At 30 April 2024
636,275
26,142
662,417
At 1 May 2023
229,964
23,153
253,117
Charge for the year
24,750
1,183
25,933
At 30 April 2024
254,714
24,336
279,050
At 30 April 2024
381,561
1,806
383,367
At 30 April 2023
406,311
2,989
409,300
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
640,177
310,916
13,162
78,672
1,042,927
Additions
-
38,809
-
1,156
39,965
At 30 April 2024
640,177
349,725
13,162
79,828
1,082,892
At 1 May 2023
7,330
144,130
12,746
62,883
227,089
Charge for the year
-
25,987
104
3,305
29,396
At 30 April 2024
7,330
170,117
12,850
66,188
256,485
At 30 April 2024
632,847
179,608
312
13,640
826,407
At 30 April 2023
632,847
166,786
416
15,789
815,838
Amounts falling due within one year
Trade debtors
(6,000)
(6,000)
Other debtors
42,096
51,160
Synergy Dental Care Ltd
Notes to the Accounts
for the year ended 30 April 2024
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
107,686
92,264
Obligations under finance leases and hire purchase contracts
30,070
30,467
Trade creditors
49,462
192
Taxes and social security
101,829
77,883
Other creditors
3,920
31,724
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
667,132
803,032
Obligations under finance leases and hire purchase contracts
78,050
43,592
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors' Loan 2
7,031
2,953
-
9,984
Directors' Loan 1
31,274
935
-
32,209
10
Average number of employees
During the year the average number of employees was 17 (2023: 17).