5 false false false false false false false false false false true false false false false false false No description of principal activity 2023-08-01 Sage Accounts Production Advanced 2024 - FRS102_2024 789,000 516,228 39,450 555,678 233,322 272,772 379,812 32,854 412,666 85,119 49,132 134,251 278,415 294,693 xbrli:pure xbrli:shares iso4217:GBP 06945524 2023-08-01 2024-07-31 06945524 2024-07-31 06945524 2023-07-31 06945524 2022-08-01 2023-07-31 06945524 2023-07-31 06945524 2022-07-31 06945524 core:PlantMachinery 2023-08-01 2024-07-31 06945524 bus:Director1 2023-08-01 2024-07-31 06945524 core:NetGoodwill 2023-07-31 06945524 core:NetGoodwill 2024-07-31 06945524 core:PlantMachinery 2023-07-31 06945524 core:PlantMachinery 2024-07-31 06945524 core:AfterOneYear 2024-07-31 06945524 core:AfterOneYear 2023-07-31 06945524 core:WithinOneYear 2024-07-31 06945524 core:WithinOneYear 2023-07-31 06945524 core:ShareCapital 2024-07-31 06945524 core:ShareCapital 2023-07-31 06945524 core:RetainedEarningsAccumulatedLosses 2024-07-31 06945524 core:RetainedEarningsAccumulatedLosses 2023-07-31 06945524 core:NetGoodwill 2023-08-01 2024-07-31 06945524 core:NetGoodwill 2023-07-31 06945524 core:PlantMachinery 2023-07-31 06945524 bus:SmallEntities 2023-08-01 2024-07-31 06945524 bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 06945524 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 06945524 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 06945524 bus:FullAccounts 2023-08-01 2024-07-31
COMPANY REGISTRATION NUMBER: 06945524
Trinity Dental Surgery Ltd
Filleted Unaudited Financial Statements
31 July 2024
Trinity Dental Surgery Ltd
Balance Sheet
31 July 2024
2024
2023
Note
£
£
Fixed assets
Intangible assets
5
233,322
272,772
Tangible assets
6
278,415
294,693
---------
---------
511,737
567,465
Current assets
Stocks
7,150
8,150
Debtors
7
268,243
347,835
Cash at bank and in hand
89,922
41,171
---------
---------
365,315
397,156
Creditors: amounts falling due within one year
8
238,622
388,904
---------
---------
Net current assets
126,693
8,252
---------
---------
Total assets less current liabilities
638,430
575,717
Creditors: amounts falling due after more than one year
9
10,070
16,430
Provisions
Taxation including deferred tax
69,604
73,673
---------
---------
Net assets
558,756
485,614
---------
---------
Capital and reserves
Called up share capital
2
2
Profit and loss account
558,754
485,612
---------
---------
Shareholders funds
558,756
485,614
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Trinity Dental Surgery Ltd
Balance Sheet (continued)
31 July 2024
These financial statements were approved by the board of directors and authorised for issue on 11 February 2025 , and are signed on behalf of the board by:
Dr M Patel
Director
Company registration number: 06945524
Trinity Dental Surgery Ltd
Notes to the Financial Statements
Year ended 31 July 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Kimberley House, 31 Burnt Oak Broadway, Edgware, London, HA8 5LD.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill
-
20 years straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant & Machinery
-
15% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the balance sheet as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Defined contribution plans
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 5 (2023: 5 ).
5. Intangible assets
Goodwill
£
Cost
At 1 August 2023 and 31 July 2024
789,000
---------
Amortisation
At 1 August 2023
516,228
Charge for the year
39,450
---------
At 31 July 2024
555,678
---------
Carrying amount
At 31 July 2024
233,322
---------
At 31 July 2023
272,772
---------
6. Tangible assets
Plant and machinery
£
Cost
At 1 August 2023
379,812
Additions
32,854
---------
At 31 July 2024
412,666
---------
Depreciation
At 1 August 2023
85,119
Charge for the year
49,132
---------
At 31 July 2024
134,251
---------
Carrying amount
At 31 July 2024
278,415
---------
At 31 July 2023
294,693
---------
7. Debtors
2024
2023
£
£
Trade debtors
42,222
39,231
Amounts owed by group undertakings
220,188
302,754
Other debtors
5,833
5,850
---------
---------
268,243
347,835
---------
---------
The debtors above include the following amounts falling due after more than one year:
2024
2023
£
£
Amounts owed by group undertakings
220,188
302,754
---------
---------
8. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
121,366
317,835
Corporation tax
28,450
11,878
Social security and other taxes
2,245
476
Other creditors
86,561
58,715
---------
---------
238,622
388,904
---------
---------
9. Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
10,070
16,430
--------
--------
10. Related party transactions
The company has taken advantage of the exemption from disclosing related party transactions with other companies that are wholly owned within the group.
11. Controlling party
The company's ultimate parent company is Marrygold Limited , incorporated in England and Wales. The address of its registered office is Kimberley House, 31 Burnt Oak Broadway, Edgware, London, HA8 5LD. The company's ultimate controlling party is Dr M Patel by virtue of his majority holding in the voting share capital of the ultimate parent company.