Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-21172023-11-01dental servicesfalse18truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08203526 2023-11-01 2024-10-31 08203526 2022-11-01 2023-10-31 08203526 2024-10-31 08203526 2023-10-31 08203526 c:Director2 2023-11-01 2024-10-31 08203526 d:FurnitureFittings 2023-11-01 2024-10-31 08203526 d:FurnitureFittings 2024-10-31 08203526 d:FurnitureFittings 2023-10-31 08203526 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 08203526 d:ComputerEquipment 2023-11-01 2024-10-31 08203526 d:ComputerEquipment 2024-10-31 08203526 d:ComputerEquipment 2023-10-31 08203526 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 08203526 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 08203526 d:Goodwill 2023-11-01 2024-10-31 08203526 d:Goodwill 2024-10-31 08203526 d:Goodwill 2023-10-31 08203526 d:CurrentFinancialInstruments 2024-10-31 08203526 d:CurrentFinancialInstruments 2023-10-31 08203526 d:Non-currentFinancialInstruments 2024-10-31 08203526 d:Non-currentFinancialInstruments 2023-10-31 08203526 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 08203526 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 08203526 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 08203526 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 08203526 d:ShareCapital 2024-10-31 08203526 d:ShareCapital 2023-10-31 08203526 d:RetainedEarningsAccumulatedLosses 2024-10-31 08203526 d:RetainedEarningsAccumulatedLosses 2023-10-31 08203526 c:FRS102 2023-11-01 2024-10-31 08203526 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 08203526 c:FullAccounts 2023-11-01 2024-10-31 08203526 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 08203526 d:Goodwill d:OwnedIntangibleAssets 2023-11-01 2024-10-31 08203526 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure
Registered number: 08203526













Leyburn Dental Practice Ltd

Financial statements
Information for filing with the registrar

31 October 2024




 
Leyburn Dental Practice Ltd


Balance sheet
At 31 October 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
17,467
47,338

Tangible assets
 5 
67,669
63,135

  
85,136
110,473

Current assets
  

Stocks
  
5,704
7,745

Debtors
 6 
692,285
680,527

Cash at bank and in hand
  
242,391
236,786

  
940,380
925,058

Creditors: amounts falling due within one year
 7 
(168,635)
(138,970)

Net current assets
  
 
 
771,745
 
 
786,088

Total assets less current liabilities
  
856,881
896,561

Creditors: amounts falling due after more than one year
 8 
-
(15,833)

Provisions for liabilities
  

Deferred tax
  
(16,646)
(15,582)

Net assets
  
840,235
865,146


Capital and reserves
  

Called up share capital 
  
60
60

Profit and loss account
  
840,175
865,086

Shareholders' funds
  
840,235
865,146


1

 
Leyburn Dental Practice Ltd

    
Balance sheet (continued)
At 31 October 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 21 May 2025.




D S Brampton
Director

Company registered number: 08203526.
The notes on pages 3 to 8 form part of these financial statements.

2

 
Leyburn Dental Practice Ltd
 
 

Notes to the financial statements
Year ended 31 October 2024

1.


General information

Leyburn Dental Practice Ltd ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England. The address of the registered office is Wesley Road, Leyburn, North Yorkshire, DL8 5BN.

2.Accounting policies

 
2.1

Statement of compliance

The financial statements have been prepared in accordance with Section 1A of Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic
of Ireland' (FRS 102) and the Companies Act 2006.

 
2.2

Revenue

The turnover shown in the profit and loss account represents NHS contract income, private fees and
capitation schemes income receivable during the period.

 
2.3

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.


3

 
Leyburn Dental Practice Ltd
 

 
Notes to the financial statements
Year ended 31 October 2024

2.Accounting policies (continued)

 
2.4

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
-
12
years

 
2.5

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:

Fixtures, fittings & equipment
-
25%
reducing balance
Computer 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.

4

 
Leyburn Dental Practice Ltd
 

 
Notes to the financial statements
Year ended 31 October 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially
5

 
Leyburn Dental Practice Ltd
 

 
Notes to the financial statements
Year ended 31 October 2024

2.Accounting policies (continued)


2.7
Financial instruments (continued)

recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.8

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 17 (2023 - 18).


4.


Intangible assets




Goodwill

£



Cost


At 1 November 2023
358,600



At 31 October 2024

358,600



Amortisation


At 1 November 2023
311,262


Charge for the year
29,871



At 31 October 2024

341,133



Net book value



At 31 October 2024
17,467



At 31 October 2023
47,338



6

 
Leyburn Dental Practice Ltd
 
 

Notes to the financial statements
Year ended 31 October 2024

5.


Tangible fixed assets





Fixtures, fittings & equipment
Computer equipment
Total

£
£
£



Cost


At 1 November 2023
240,266
63,829
304,095


Additions
22,182
2,247
24,429



At 31 October 2024

262,448
66,076
328,524



Depreciation


At 1 November 2023
201,862
39,097
240,959


Charge for the year
13,423
6,473
19,896



At 31 October 2024

215,285
45,570
260,855



Net book value



At 31 October 2024
47,163
20,506
67,669



At 31 October 2023
38,404
24,731
63,135


6.


Debtors

2024
2023
£
£


Trade debtors
8,869
7,019

Other debtors
561,330
551,360

Prepayments and accrued income
5,991
6,053

Tax recoverable
116,095
116,095

692,285
680,527


7

 
Leyburn Dental Practice Ltd
 
 

Notes to the financial statements
Year ended 31 October 2024

7.


Creditors: amounts falling due within one year

2024
2023
£
£

Bank loans
6,764
10,000

Trade creditors
20,760
22,656

Corporation tax
99,551
80,875

Other taxation and social security
6,738
6,915

Other creditors
15,420
7,987

Accruals and deferred income
19,402
10,537

168,635
138,970



8.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
15,833

-
15,833



9.


Related party transactions

During the year, the company operated on normal commercial terms with RD Smiles Limited. The amount due to RD Smiles Limited at 31 October 2024 was £6,235 (2023: £74,862 due from RD Smiles Limited).

 
8