Silverfin false false 30/09/2024 01/10/2023 30/09/2024 D K Beevers 13/10/2014 K V Beevers 13/10/2014 31 March 2025 The principal activity of the company is the provision of dental services. 09261320 2024-09-30 09261320 bus:Director1 2024-09-30 09261320 bus:Director2 2024-09-30 09261320 2023-09-30 09261320 core:CurrentFinancialInstruments 2024-09-30 09261320 core:CurrentFinancialInstruments 2023-09-30 09261320 core:Non-currentFinancialInstruments 2024-09-30 09261320 core:Non-currentFinancialInstruments 2023-09-30 09261320 core:ShareCapital 2024-09-30 09261320 core:ShareCapital 2023-09-30 09261320 core:RetainedEarningsAccumulatedLosses 2024-09-30 09261320 core:RetainedEarningsAccumulatedLosses 2023-09-30 09261320 core:ToolsEquipment 2023-09-30 09261320 core:ToolsEquipment 2024-09-30 09261320 core:CostValuation 2023-09-30 09261320 core:CostValuation 2024-09-30 09261320 bus:OrdinaryShareClass1 2024-09-30 09261320 core:WithinOneYear 2024-09-30 09261320 core:WithinOneYear 2023-09-30 09261320 core:BetweenOneFiveYears 2024-09-30 09261320 core:BetweenOneFiveYears 2023-09-30 09261320 2023-10-01 2024-09-30 09261320 bus:FilletedAccounts 2023-10-01 2024-09-30 09261320 bus:SmallEntities 2023-10-01 2024-09-30 09261320 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 09261320 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09261320 bus:Director1 2023-10-01 2024-09-30 09261320 bus:Director2 2023-10-01 2024-09-30 09261320 core:ToolsEquipment core:TopRangeValue 2023-10-01 2024-09-30 09261320 2022-10-01 2023-09-30 09261320 core:ToolsEquipment 2023-10-01 2024-09-30 09261320 core:Non-currentFinancialInstruments 2023-10-01 2024-09-30 09261320 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 09261320 bus:OrdinaryShareClass1 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09261320 (England and Wales)

DANIEL BEEVERS DENTAL LIMITED

Unaudited Financial Statements
For the financial year ended 30 September 2024
Pages for filing with the registrar

DANIEL BEEVERS DENTAL LIMITED

Unaudited Financial Statements

For the financial year ended 30 September 2024

Contents

DANIEL BEEVERS DENTAL LIMITED

BALANCE SHEET

As at 30 September 2024
DANIEL BEEVERS DENTAL LIMITED

BALANCE SHEET (continued)

As at 30 September 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 5,431 3,246
Investments 4 235,200 235,200
240,631 238,446
Current assets
Debtors 5 10,130 4,618
Cash at bank and in hand 95,191 96,156
105,321 100,774
Creditors: amounts falling due within one year 6 ( 29,823) ( 29,617)
Net current assets 75,498 71,157
Total assets less current liabilities 316,129 309,603
Creditors: amounts falling due after more than one year 7 ( 122,587) ( 150,570)
Provision for liabilities 0 ( 513)
Net assets 193,542 158,520
Capital and reserves
Called-up share capital 8 1,000 1,000
Profit and loss account 192,542 157,520
Total shareholders' funds 193,542 158,520

For the financial year ending 30 September 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Daniel Beevers Dental Limited (registered number: 09261320) were approved and authorised for issue by the Board of Directors on 31 March 2025. They were signed on its behalf by:

D K Beevers
Director
DANIEL BEEVERS DENTAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
DANIEL BEEVERS DENTAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Daniel Beevers Dental Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lowin House, Tregolls Road, Truro, TR1 2NA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Taxation

Current tax
Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Deferred tax
Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the profit and loss account and other comprehensive income. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Tools and equipment 3 years straight line
Fixed asset investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Financial instruments

Classification

The company holds the following financial instruments:

Short term trade and other debtors and creditors;
Bank loans; and
Bank balances.

All financial instruments are classified as basic.

Recognition and measurement

The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 1 1

3. Tangible assets

Tools and equipment Total
£ £
Cost
At 01 October 2023 24,920 24,920
Additions 5,473 5,473
At 30 September 2024 30,393 30,393
Accumulated depreciation
At 01 October 2023 21,674 21,674
Charge for the financial year 3,288 3,288
At 30 September 2024 24,962 24,962
Net book value
At 30 September 2024 5,431 5,431
At 30 September 2023 3,246 3,246

4. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 October 2023 235,200
At 30 September 2024 235,200
Carrying value at 30 September 2024 235,200
Carrying value at 30 September 2023 235,200

Investments in shares

Name of entity Registered office Principal activity Class of
shares
Ownership
30.09.2024
Ownership
30.09.2023
Circus Dental Limited Lowin House, Tregolls Road, Truro, TR1 2NA Dental practice activities Ordinary 20.00% 20.00%

5. Debtors

2024 2023
£ £
Amounts owed by directors 576 0
Prepayments 8,263 562
Other debtors 1,291 4,056
10,130 4,618

6. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 26,781 26,649
Amounts owed to directors 0 104
Accruals 3,042 2,864
29,823 29,617

7. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 122,587 150,570

The bank loans are secured by fixed and floating charges over the company's assets.

8. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
1,000 Class A ordinary shares of £ 1.00 each 1,000 1,000

9. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

2024 2023
£ £
within one year 10,715 3,317
between one and five years 25,896 0
36,611 3,317

10. Related party transactions

Transactions with the entity's directors

2024 2023
£ £
Owing (to)/from directors at the year end 576 (104)