Registered number
12673638
RMW Dentistry Ltd
Filleted Accounts
30 June 2024
RMW Dentistry Ltd
Registered number: 12673638
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £ £ £
Fixed assets
Tangible assets 3 39,213 33,117
Current assets
Stocks 4,000 4,000
Debtors 4 1,296,935 520,000
Cash at bank and in hand 399,707 727,406
1,700,642 1,251,406
Creditors: amounts falling due within one year 5 (203,640) (213,786)
Net current assets 1,497,002 1,037,620
Net assets 1,536,215 1,070,737
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,536,115 1,070,637
Shareholder's funds 1,536,215 1,070,737
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R J Miller-White
Director
Approved by the board on 12 November 2024
RMW Dentistry Ltd
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 20% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 6 6
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2023 50,225
Additions 14,043
At 30 June 2024 64,268
Depreciation
At 1 July 2023 17,108
Charge for the year 7,947
At 30 June 2024 25,055
Net book value
At 30 June 2024 39,213
At 30 June 2023 33,117
4 Debtors 2024 2023
£ £
Trade debtors 3,839 -
Amounts owed by group undertakings and undertakings in which the company has a participating interest 1,293,096 520,000
1,296,935 520,000
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 39,587 37,171
Taxation and social security costs 163,914 120,034
Other creditors 139 56,581
203,640 213,786
6 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
R J Miller-White
Directors loan (56,581) (56,581)
(56,581) - - (56,581)
7 Controlling party
The controlling party is R Miller-White by virtue of shareholding.
8 Other information
RMW Dentistry Ltd is a private company limited by shares and incorporated in England. Its registered office is:
50 Bedford Road
Barton-Le-Clay
Bedford
MK45 4PP
RMW Dentistry Ltd 12673638 false 2023-07-01 2024-06-30 2024-06-30 VT Final Accounts July 2024 R J Miller-White No description of principal activity 12673638 2022-07-01 2023-06-30 12673638 core:WithinOneYear 2023-06-30 12673638 core:ShareCapital 2023-06-30 12673638 core:RetainedEarningsAccumulatedLosses 2023-06-30 12673638 2023-07-01 2024-06-30 12673638 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12673638 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 12673638 bus:Director40 2023-07-01 2024-06-30 12673638 1 2023-07-01 2024-06-30 12673638 2 2023-07-01 2024-06-30 12673638 core:PlantMachinery 2023-07-01 2024-06-30 12673638 bus:Director1 2023-07-01 2024-06-30 12673638 bus:Director1 1 2023-07-01 2024-06-30 12673638 countries:England 2023-07-01 2024-06-30 12673638 bus:FRS102 2023-07-01 2024-06-30 12673638 bus:FilletedAccounts 2023-07-01 2024-06-30 12673638 2024-06-30 12673638 core:WithinOneYear 2024-06-30 12673638 core:ShareCapital 2024-06-30 12673638 core:RetainedEarningsAccumulatedLosses 2024-06-30 12673638 core:PlantMachinery 2024-06-30 12673638 bus:Director1 1 2024-06-30 12673638 2023-06-30 12673638 core:PlantMachinery 2023-06-30 12673638 bus:Director1 1 2023-06-30 iso4217:GBP xbrli:pure