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Company Registration No. 10210598 (England and Wales)
PLATINUM DENTAL CARE LTD Unaudited accounts for the year ended 30 June 2024
PLATINUM DENTAL CARE LTD Unaudited accounts Contents
Page
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PLATINUM DENTAL CARE LTD Company Information for the year ended 30 June 2024
Directors
Rishi Shah Sarika Shah
Company Number
10210598 (England and Wales)
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PLATINUM DENTAL CARE LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
138,286 
190,143 
Tangible assets
263,861 
297,620 
402,147 
487,763 
Current assets
Inventories
10,028 
7,809 
Debtors
69,736 
65,543 
Investments
200,000 
- 
Cash at bank and in hand
593,789 
558,167 
873,553 
631,519 
Creditors: amounts falling due within one year
(417,777)
(308,212)
Net current assets
455,776 
323,307 
Total assets less current liabilities
857,923 
811,070 
Creditors: amounts falling due after more than one year
(351,485)
(528,962)
Provisions for liabilities
Deferred tax
(66,244)
(74,405)
Net assets
440,194 
207,703 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
440,192 
207,701 
Shareholders' funds
440,194 
207,703 
For the year ending 30 June 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 27 March 2025 and were signed on its behalf by
Rishi Shah Director Company Registration No. 10210598
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PLATINUM DENTAL CARE LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
PLATINUM DENTAL CARE LTD is a private company, limited by shares, registered in England and Wales, registration number 10210598.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
17% straight line
Plant & machinery
15% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is being amortised evenly over it's estimated useful life of ten years.
Stock
Stocks are valued at the lower of cost and net realisable value.
HP / Leases
Property, plant and equipment acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future finance charges, are included in creditors. Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.
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PLATINUM DENTAL CARE LTD Notes to the Accounts for the year ended 30 June 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 July 2023
518,571 
At 30 June 2024
518,571 
Amortisation
At 1 July 2023
328,428 
Charge for the year
51,857 
At 30 June 2024
380,285 
Net book value
At 30 June 2024
138,286 
At 30 June 2023
190,143 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
458,405 
61,599 
20,739 
540,743 
Additions
4,810 
- 
1,133 
5,943 
At 30 June 2024
463,215 
61,599 
21,872 
546,686 
Depreciation
At 1 July 2023
202,936 
32,294 
7,893 
243,123 
Charge for the year
27,303 
10,302 
2,097 
39,702 
At 30 June 2024
230,239 
42,596 
9,990 
282,825 
Net book value
At 30 June 2024
232,976 
19,003 
11,882 
263,861 
At 30 June 2023
255,469 
29,305 
12,846 
297,620 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,100 
5,513 
Accrued income and prepayments
2,244 
4,718 
Other debtors
63,392 
55,312 
69,736 
65,543 
7
Investments held as current assets
2024 
2023 
£ 
£ 
Unlisted investments
200,000 
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PLATINUM DENTAL CARE LTD Notes to the Accounts for the year ended 30 June 2024
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
40,702 
- 
Obligations under finance leases and hire purchase contracts
58,169 
- 
Trade creditors
- 
38,129 
Taxes and social security
166,254 
108,924 
Other creditors
58,333 
58,896 
Accruals
94,319 
102,263 
417,777 
308,212 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
294,613 
373,852 
Obligations under finance leases and hire purchase contracts
56,872 
155,110 
351,485 
528,962 
The bank loans of £335,314 are secured by the personal property of the directors.
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Directors' Loan Account Overdrawn
41,355 
157,459 
188,864 
9,950 
41,355 
157,459 
188,864 
9,950 
11
Average number of employees
During the year the average number of employees was 13 (2023: 12).
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