Company Registration No. 11943702 (England and Wales)
Kashyapa Dental Limited
Unaudited accounts
for the year ended 30 April 2024
Kashyapa Dental Limited
Unaudited accounts
Contents
Kashyapa Dental Limited
Company Information
for the year ended 30 April 2024
Directors
Dr Sushma Rao
Mr Harshavardhan Ramanan
Company Number
11943702 (England and Wales)
Registered Office
24 Green Lane
Northwood
HA6 1AD
United Kingdom
Kashyapa Dental Limited
Statement of financial position
as at 30 April 2024
Intangible assets
160,750
241,124
Tangible assets
22,966
28,535
Cash at bank and in hand
59,888
76,872
Creditors: amounts falling due within one year
(43,606)
(64,963)
Net current assets
86,499
46,719
Total assets less current liabilities
270,215
316,378
Creditors: amounts falling due after more than one year
(330,011)
(345,235)
Provisions for liabilities
Deferred tax
(7,134)
(5,358)
Net liabilities
(66,930)
(34,215)
Called up share capital
100
100
Profit and loss account
(67,030)
(34,315)
Shareholders' funds
(66,930)
(34,215)
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 22 January 2025 and were signed on its behalf by
Dr Sushma Rao
Director
Company Registration No. 11943702
Kashyapa Dental Limited
Notes to the Accounts
for the year ended 30 April 2024
Kashyapa Dental Limited is a private company, limited by shares, registered in England and Wales, registration number 11943702. The registered office is 24 Green Lane, Northwood, HA6 1AD, United Kingdom.
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.
Revenue represents the fair value of consideration received or receivable in the ordinary course of business for dentistry goods or services provided to the extent that the Company has obtained the right to consideration. Revenue derived from NHS contracts is recognised on the volume of dental activity delivered in the financial period. Revenue from all private dental work is recognised on the
completion of each piece of treatment carried out.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill is being amortised over a period of 5 years on straight line basis.
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.
After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the accounts.
Kashyapa Dental Limited
Notes to the Accounts
for the year ended 30 April 2024
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
Charge for the year
80,374
5
Tangible fixed assets
Plant & machinery
Kashyapa Dental Limited
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Trade debtors
15,717
12,543
Accrued income and prepayments
6,838
6,705
Other debtors
44,712
12,612
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
9,621
4,044
Taxes and social security
26,881
9,664
Other creditors
6,844
6,029
Loans from directors
260
45,226
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
330,011
345,235
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan(Interest Charged)
-
24,000
-
24,000
Interest charged and loan has been repaid post year end.
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Average number of employees
During the year the average number of employees was 4 (2023: 4).