Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-302025-05-20810222false2023-10-01No description of principal activity21truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10911521 2023-10-01 2024-09-30 10911521 2022-10-01 2023-09-30 10911521 2024-09-30 10911521 2023-09-30 10911521 c:Director1 2023-10-01 2024-09-30 10911521 d:Buildings d:ShortLeaseholdAssets 2023-10-01 2024-09-30 10911521 d:Buildings d:ShortLeaseholdAssets 2024-09-30 10911521 d:Buildings d:ShortLeaseholdAssets 2023-09-30 10911521 d:PlantMachinery 2023-10-01 2024-09-30 10911521 d:PlantMachinery 2024-09-30 10911521 d:PlantMachinery 2023-09-30 10911521 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 10911521 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 10911521 d:MotorVehicles 2023-10-01 2024-09-30 10911521 d:MotorVehicles 2024-09-30 10911521 d:MotorVehicles 2023-09-30 10911521 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 10911521 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 10911521 d:OfficeEquipment 2023-10-01 2024-09-30 10911521 d:OfficeEquipment 2024-09-30 10911521 d:OfficeEquipment 2023-09-30 10911521 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 10911521 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 10911521 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 10911521 d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 10911521 d:Goodwill 2023-10-01 2024-09-30 10911521 d:Goodwill 2024-09-30 10911521 d:Goodwill 2023-09-30 10911521 d:CurrentFinancialInstruments 2024-09-30 10911521 d:CurrentFinancialInstruments 2023-09-30 10911521 d:Non-currentFinancialInstruments 2024-09-30 10911521 d:Non-currentFinancialInstruments 2023-09-30 10911521 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 10911521 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 10911521 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 10911521 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 10911521 d:ShareCapital 2024-09-30 10911521 d:ShareCapital 2023-09-30 10911521 d:RetainedEarningsAccumulatedLosses 2024-09-30 10911521 d:RetainedEarningsAccumulatedLosses 2023-09-30 10911521 c:FRS102 2023-10-01 2024-09-30 10911521 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10911521 c:FullAccounts 2023-10-01 2024-09-30 10911521 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10911521 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 10911521 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 10911521 d:TaxLossesCarry-forwardsDeferredTax 2024-09-30 10911521 d:TaxLossesCarry-forwardsDeferredTax 2023-09-30 10911521 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-09-30 10911521 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-09-30 10911521 d:LeasedAssetsHeldAsLessee 2024-09-30 10911521 d:LeasedAssetsHeldAsLessee 2023-09-30 10911521 d:Goodwill d:OwnedIntangibleAssets 2023-10-01 2024-09-30 10911521 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Registered number: 10911521









ENHANCE68 LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
ENHANCE68 LIMITED
REGISTERED NUMBER: 10911521

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
420,001
560,001

Tangible assets
 5 
801,451
858,368

  
1,221,452
1,418,369

Current assets
  

Stocks
 6 
100,000
85,000

Debtors
  
162,691
123,533

Cash at bank and in hand
  
110,295
122,887

  
372,986
331,420

Creditors: amounts falling due within one year
 7 
(363,306)
(386,413)

Net current assets/(liabilities)
  
 
 
9,680
 
 
(54,993)

Total assets less current liabilities
  
1,231,132
1,363,376

Creditors: amounts falling due after more than one year
 8 
(992,110)
(999,533)

Provisions for liabilities
  

Deferred tax
 9 
(153,636)
(142,707)

  
 
 
(153,636)
 
 
(142,707)

Net assets
  
85,386
221,136


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
85,286
221,036

  
85,386
221,136


Page 1

 
ENHANCE68 LIMITED
REGISTERED NUMBER: 10911521

BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

The director considers 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 director acknowledges his 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 profit and loss account 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 20 May 2025.



................................................
L Berraondo
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
ENHANCE68 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Enhance68 Limited is a private company, limited by shares, domicilied in England and Wales with the registration number 10911521. The address of the registered Office is Enhance Dental Centre,116 Lancaster Way, Ely, Cambridgeshire,CB6 3NX.
The financial statements are presented in sterling, which is the functional currency of the company, and rounded to the nearest £.

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

Going concern

The director has, at the time of approving the financial statements, a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they adopt a going concern basis of accounting in preparing the financial statements. The director has considered a period of 12 months from the balance sheet date.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
ENHANCE68 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
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.


Page 4

 
ENHANCE68 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.6

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Profit and Loss Account over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Goodwill
-
10
years

 
2.7

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Short-term leasehold property
-
10% straight line
Other equipment
-
10% - 20% reducing balance
Motor vehicles
-
25% reducing balance
Surgical equipment
-
25% reducing balance

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.

Page 5

 
ENHANCE68 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.8

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.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.12

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 22 (2023 - 21).

Page 6

 
ENHANCE68 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 October 2023
1,400,001



At 30 September 2024

1,400,001



Amortisation


At 1 October 2023
840,000


Charge for the year on owned assets
140,000



At 30 September 2024

980,000



Net book value



At 30 September 2024
420,001



At 30 September 2023
560,001



Page 7

 
ENHANCE68 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Tangible fixed assets





Short-term leasehold property
Surgical equipment
Other equipment
Motor vehicles
Total

£
£
£
£
£



Cost or valuation


At 1 October 2023
79,995
488,600
610,687
78,812
1,258,094


Additions
12,269
63,805
8,156
-
84,230



At 30 September 2024

92,264
552,405
618,843
78,812
1,342,324



Depreciation


At 1 October 2023
2,597
275,849
95,420
25,860
399,726


Charge for the year on owned assets
8,102
52,086
67,721
-
127,909


Charge for the year on financed assets
-
-
-
13,238
13,238



At 30 September 2024

10,699
327,935
163,141
39,098
540,873



Net book value



At 30 September 2024
81,565
224,470
455,702
39,714
801,451



At 30 September 2023
77,398
212,751
515,267
52,952
858,368

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Motor vehicles
39,714
52,952

39,714
52,952


6.


Stocks

2024
2023
£
£

Raw materials and consumables
100,000
85,000

100,000
85,000


Page 8

 
ENHANCE68 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
41,446
25,829

Other loans
75,685
115,300

Trade creditors
164,505
124,456

Obligations under finance lease and hire purchase contracts
15,279
14,225

Other creditors
25,077
23,693

Accruals and deferred income
41,314
82,910

363,306
386,413



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
965,764
869,348

Other loans
-
88,560

Net obligations under finance leases and hire purchase contracts
26,346
41,625

992,110
999,533


Secured creditors
The total amount of creditors for which security has been given by the company on assets held amounted to £41,625 (2023: £55,850). 
Bank loans amounting to £1,007,210 (2023: £895,177) are secured by way of fixed and floating charges over the Company's assets.
All obligations under finance lease and hire purchase contracts are secured on the assets financed.

The aggregate amount of liabilities repayable wholly or in part more than five years after the balance sheet date is:

2024
£


Repayable by instalments
799,981

799,981

The loan is repayable in monthly installments, and interest is charged on a monthly basis at 2.35% over the Bank of England Base Rate. The amounts payable in more than five years are included in secured creditors. 

Page 9

 
ENHANCE68 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9.


Deferred taxation




2024


£






At beginning of year
(142,707)


Charged to profit or loss
(10,929)



At end of year
(153,636)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(181,978)
(194,405)

Tax losses carried forward
28,342
51,698

(153,636)
(142,707)


10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £9,592 (2023: £8,107. Contributions totalling  £2,253 (2023: £4,057) were payable to the fund at the balance sheet date and are included in creditors.


11.


Related party transactions

During the year the shareholders operated loan accounts. The amount owed to them as at 30 September 2024 was £75,685 (2023 £150,000).


Page 10