Caseware UK (AP4) 2023.0.135 2023.0.135 82023-10-01falseDental practice activities7falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07340058 2023-10-01 2024-09-30 07340058 2022-10-01 2023-09-30 07340058 2024-09-30 07340058 2023-09-30 07340058 c:Director1 2023-10-01 2024-09-30 07340058 c:Director2 2023-10-01 2024-09-30 07340058 d:PlantMachinery 2023-10-01 2024-09-30 07340058 d:PlantMachinery 2024-09-30 07340058 d:PlantMachinery 2023-09-30 07340058 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 07340058 d:FurnitureFittings 2023-10-01 2024-09-30 07340058 d:FurnitureFittings 2024-09-30 07340058 d:FurnitureFittings 2023-09-30 07340058 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 07340058 d:ComputerEquipment 2023-10-01 2024-09-30 07340058 d:ComputerEquipment 2024-09-30 07340058 d:ComputerEquipment 2023-09-30 07340058 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 07340058 d:OtherPropertyPlantEquipment 2023-10-01 2024-09-30 07340058 d:OtherPropertyPlantEquipment 2024-09-30 07340058 d:OtherPropertyPlantEquipment 2023-09-30 07340058 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 07340058 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 07340058 d:CurrentFinancialInstruments 2024-09-30 07340058 d:CurrentFinancialInstruments 2023-09-30 07340058 d:Non-currentFinancialInstruments 2024-09-30 07340058 d:Non-currentFinancialInstruments 2023-09-30 07340058 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 07340058 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 07340058 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 07340058 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 07340058 d:ShareCapital 2024-09-30 07340058 d:ShareCapital 2023-09-30 07340058 d:RetainedEarningsAccumulatedLosses 2024-09-30 07340058 d:RetainedEarningsAccumulatedLosses 2023-09-30 07340058 c:FRS102 2023-10-01 2024-09-30 07340058 c:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 07340058 c:FullAccounts 2023-10-01 2024-09-30 07340058 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07340058 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Registered number: 07340058













Church View Dental Practice Limited

Financial statements
Information for filing with the registrar

30 September 2024




 
Church View Dental Practice Limited
 
 
  
Chartered Accountants' Report to the Board of Directors on the preparation of the Unaudited Statutory Financial Statements of Church View Dental Practice Limited year ended 30 September 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Church View Dental Practice Limited for the year ended 30 September 2024 which comprise  the balance sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the board of directors of Church View Dental Practice Limited, as a body, in accordance with the terms of our engagement letter dated 19 November 2021Our work has been undertaken solely to prepare for your approval the financial statements of Church View Dental Practice Limited and state those matters that we have agreed to state to the board of directors of Church View Dental Practice Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Church View Dental Practice Limited and its board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Church View Dental Practice Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Church View Dental Practice Limited. You consider that Church View Dental Practice Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Church View Dental Practice Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



UNW LLP
Chartered Accountants
St James' Boulevard
Newcastle upon Tyne
NE1 4JE
6 March 2025
1

 
Church View Dental Practice Limited


Balance Sheet
At 30 September 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
103,082
130,515

  
103,082
130,515

Current assets
  

Stocks
  
7,000
7,000

Debtors: amounts falling due within one year
 5 
102,151
37,656

Bank and cash balances
  
57,814
31,697

  
166,965
76,353

Creditors: amounts falling due within one year
 6 
(97,892)
(64,932)

Net current assets
  
 
 
69,073
 
 
11,421

Total assets less current liabilities
  
172,155
141,936

Creditors: amounts falling due after more than one year
 7 
(26,392)
(45,022)

Provisions for liabilities
  

Deferred tax
  
(25,611)
(32,475)

  
 
 
(25,611)
 
 
(32,475)

Net assets
  
120,152
64,439


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
120,052
64,339

  
120,152
64,439


2

 
Church View Dental Practice Limited

    
Balance Sheet (continued)
At 30 September 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 6 March 2025.




R J Brown
S Brown
Director
Director

Registered number: 07340058
The notes on pages 4 to 8 form part of these financial statements. 

3

 
Church View Dental Practice Limited
 
 

Notes to the financial statements
Year ended 30 September 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 Church View Dental Practice, Station Road West, Stowmarket, England, IP14 1EF.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

The turnover shown in the profit and loss accounts represents dental fee income receivable during
the period.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

4

 
Church View Dental Practice Limited
 

 
Notes to the financial statements
Year ended 30 September 2024

2.Accounting policies (continued)

 
2.4

Pensions

Defined benefit pension plan

The company operates a defined benefit plan for certain employees. A defined benefit plan defines the pension benefit that the employee will receive on retirement, usually dependent upon several factors including but not limited to age, length of service and remuneration. A defined benefit plan is a pension plan that is not a defined contribution plan.

The liability recognised in the balance sheet in respect of the defined benefit plan is the present value of the defined benefit obligation at the end of the balance sheet date less the fair value of plan assets at the balance sheet date (if any) out of which the obligations are to be settled.

The defined benefit obligation is calculated using the projected unit credit method. Annually the company engages independent actuaries to calculate the obligation. The present value is determined by discounting the estimated future payments using market yields on high quality corporate bonds that are denominated in sterling and that have terms approximating to the estimated period of the future payments ('discount rate').

The fair value of plan assets is measured in accordance with the FRS102 fair value hierarchy and in accordance with the company's policy for similarly held assets. This includes the use of appropriate valuation techniques.

Actuarial gains and losses arising from experience adjustments and changes in actuarial assumptions are charged or credited to other comprehensive income. These amounts together with the return on plan assets, less amounts included in net interest, are disclosed as 'Remeasurement of net defined benefit liability'.

The cost of the defined benefit plan, recognised in profit or loss as employee costs, except where included in the cost of an asset, comprises:

a) the increase in net pension benefit liability arising from employee service during the period; and

b) the cost of plan introductions, benefit changes, curtailments and settlements.

The net interest cost is calculated by applying the discount rate to the net balance of the defined benefit obligation and the fair value of plan assets. This cost is recognised in profit or loss as a 'finance expense'.

5

 
Church View Dental Practice Limited
 

 
Notes to the financial statements
Year ended 30 September 2024

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
straight line
Fixtures and fittings
-
20%
straight line
Computer equipment
-
33%
straight line
Land and building
-
2%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

6

 
Church View Dental Practice Limited
 

 
Notes to the financial statements
Year ended 30 September 2024

2.Accounting policies (continued)

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2023 - 7).


4.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Computer equipment
Land and buildings
Total

£
£
£
£
£



Cost or valuation


At 1 October 2023
149,365
68,102
17,126
16,908
251,501


Additions
828
1,525
2,650
-
5,003



At 30 September 2024

150,193
69,627
19,776
16,908
256,504



Depreciation


At 1 October 2023
37,396
68,039
15,213
338
120,986


Charge for the year on owned assets
30,011
292
1,795
338
32,436



At 30 September 2024

67,407
68,331
17,008
676
153,422



Net book value



At 30 September 2024
82,786
1,296
2,768
16,232
103,082



At 30 September 2023
111,969
63
1,913
16,570
130,515

7

 
Church View Dental Practice Limited
 
 

Notes to the financial statements
Year ended 30 September 2024

5.


Debtors

2024
2023
£
£


Trade debtors
5,023
3,978

Amounts owed by group undertakings
92,100
28,018

Prepayments and accrued income
5,028
5,660

102,151
37,656



6.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
12,762
3,426

Corporation tax
46,764
27,179

Other taxation and social security
2,357
1,340

Obligations under finance lease and hire purchase contracts
18,630
18,630

Other creditors
12,243
10,037

Accruals and deferred income
5,136
4,320

97,892
64,932



7.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
26,392
45,022

26,392
45,022



8.


Related party transactions

The company operated a loan account with Browns Family Enterprise Limited. The amount owed from
Browns Family Enterprise Limited at 30 September 2024 was £92,100 (2023: £28,018).

 
8