Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-062024-01-01falseDental practice activities68falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09351398 2024-01-01 2024-12-31 09351398 2023-01-01 2023-12-31 09351398 2024-12-31 09351398 2023-12-31 09351398 c:Director1 2024-01-01 2024-12-31 09351398 d:PlantMachinery 2024-01-01 2024-12-31 09351398 d:PlantMachinery 2024-12-31 09351398 d:PlantMachinery 2023-12-31 09351398 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09351398 d:MotorVehicles 2024-01-01 2024-12-31 09351398 d:MotorVehicles 2024-12-31 09351398 d:MotorVehicles 2023-12-31 09351398 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09351398 d:FurnitureFittings 2024-01-01 2024-12-31 09351398 d:FurnitureFittings 2024-12-31 09351398 d:FurnitureFittings 2023-12-31 09351398 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09351398 d:OfficeEquipment 2024-01-01 2024-12-31 09351398 d:OfficeEquipment 2024-12-31 09351398 d:OfficeEquipment 2023-12-31 09351398 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09351398 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09351398 d:Goodwill 2024-01-01 2024-12-31 09351398 d:Goodwill 2024-12-31 09351398 d:Goodwill 2023-12-31 09351398 d:ComputerSoftware 2024-12-31 09351398 d:ComputerSoftware 2023-12-31 09351398 d:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 09351398 d:CurrentFinancialInstruments 2024-12-31 09351398 d:CurrentFinancialInstruments 2023-12-31 09351398 d:Non-currentFinancialInstruments 2024-12-31 09351398 d:Non-currentFinancialInstruments 2023-12-31 09351398 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 09351398 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09351398 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 09351398 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 09351398 d:ShareCapital 2024-12-31 09351398 d:ShareCapital 2023-12-31 09351398 d:RetainedEarningsAccumulatedLosses 2024-12-31 09351398 d:RetainedEarningsAccumulatedLosses 2023-12-31 09351398 c:FRS102 2024-01-01 2024-12-31 09351398 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09351398 c:FullAccounts 2024-01-01 2024-12-31 09351398 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09351398 d:Goodwill d:ExternallyAcquiredIntangibleAssets 2024-01-01 2024-12-31 09351398 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2024-01-01 2024-12-31 09351398 2 2024-01-01 2024-12-31 09351398 d:ExternallyAcquiredIntangibleAssets 2024-01-01 2024-12-31 09351398 d:Goodwill d:OwnedIntangibleAssets 2024-01-01 2024-12-31 09351398 d:ComputerSoftware d:OwnedIntangibleAssets 2024-01-01 2024-12-31 09351398 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Registered number: 09351398













Heffernan Dental Specialists Ltd

Financial statements
Information for filing with the registrar

31 December 2024




 
Heffernan Dental Specialists Ltd


Balance sheet
At 31 December 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible fixed assets
  
51,073
72,496

Tangible fixed assets
  
67,440
84,432

  
118,513
156,928

Current assets
  

Debtors
 6 
152,999
147,706

Cash at bank and in hand
  
67,551
75,602

  
220,550
223,308

Creditors: amounts falling due within one year
 7 
(110,120)
(107,195)

Net current assets
  
 
 
110,430
 
 
116,113

Total assets less current liabilities
  
228,943
273,041

Creditors: amounts falling due after more than one year
 8 
(10,834)
(36,833)

Provisions for liabilities
  

Deferred tax
  
(17,756)
(21,108)

Net assets
  
200,353
215,100


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
200,253
215,000

Shareholders' funds
  
200,353
215,100


1

 
Heffernan Dental Specialists Ltd

    
Balance sheet (continued)
At 31 December 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 company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 May 2025.




K Heffernan
Director

Company registered number: 09351398
The notes on pages 3 to 7 form part of these financial statements. 

2

 
Heffernan Dental Specialists Ltd
 
 

Notes to the financial statements
Year ended 31 December 2024

1.


General information

Heffernan Dental Specialists Ltd ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England and Wales. The address of the registered office is 86 Harley Street, London, W1G 7HP.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

The turnover shown in the profit and loss account represents private fees receivable, rental income receivable and training income receivable.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

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.

 
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.

3

 
Heffernan Dental Specialists Ltd
 

 
Notes to the financial statements
Year ended 31 December 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 statement of comprehensive income 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
Computer software
-
4
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:

Plant and machinery
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance
Fixtures and fittings
-
25%
reducing balance
Office equipment
-
33%
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.


3.


Employees

The average monthly number of employees, including the director, during the year was 6 (2023: 8).


4

 
Heffernan Dental Specialists Ltd
 
 

Notes to the financial statements
Year ended 31 December 2024

4.


Intangible assets




Goodwill
Computer software
Total

£
£
£



Cost


At 1 January 2024
250,059
-
250,059


Additions
-
4,000
4,000



At 31 December 2024

250,059
4,000
254,059



Amortisation


At 1 January 2024
177,563
-
177,563


Charge for the year
25,006
417
25,423



At 31 December 2024

202,569
417
202,986



Net book value



At 31 December 2024
47,490
3,583
51,073



At 31 December 2023
72,496
-
72,496



5

 
Heffernan Dental Specialists Ltd
 
 

Notes to the financial statements
Year ended 31 December 2024

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost


At 1 January 2024
106,252
63,314
108,214
9,515
287,295


Additions
1,859
-
-
2,945
4,804



At 31 December 2024

108,111
63,314
108,214
12,460
292,099



Depreciation


At 1 January 2024
72,771
36,604
87,312
6,176
202,863


Charge for the year
8,486
6,678
5,225
1,407
21,796



At 31 December 2024

81,257
43,282
92,537
7,583
224,659



Net book value



At 31 December 2024
26,854
20,032
15,677
4,877
67,440



At 31 December 2023
33,481
26,710
20,902
3,339
84,432


6.


Debtors

2024
2023
£
£


Trade debtors
10,209
16,155

Other debtors
128,029
130,948

Prepayments and accrued income
14,761
603

152,999
147,706


6

 
Heffernan Dental Specialists Ltd
 
 

Notes to the financial statements
Year ended 31 December 2024

7.


Creditors: amounts falling due within one year

2024
2023
£
£

Bank loans
26,000
26,000

Trade creditors
4,107
1,910

Corporation tax
69,694
66,801

Other creditors
4,439
7,984

Accruals and deferred income
5,880
4,500

110,120
107,195



8.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Bank loans
10,834
36,833

10,834
36,833


 
7