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REGISTERED NUMBER: 09621597 (England and Wales)












Unaudited Financial Statements for the Year Ended 31 March 2025

for

Cedar House Orthodontic Practice Limited

Cedar House Orthodontic Practice Limited (Registered number: 09621597)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cedar House Orthodontic Practice Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: MJ Brindley
N L Price





REGISTERED OFFICE: 70 Market Street
Tottington
Bury
BL8 3LJ





REGISTERED NUMBER: 09621597 (England and Wales)





ACCOUNTANTS: Anthony Marshall Ltd
Chartered Accountants
70 Market Street
Tottington
Bury
Greater Manchester
BL8 3LJ

Cedar House Orthodontic Practice Limited (Registered number: 09621597)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 823,345 1,048,897
Tangible assets 5 180,847 159,107
1,004,192 1,208,004

CURRENT ASSETS
Stocks 10,000 10,000
Debtors 6 1,040,705 800,918
Cash at bank and in hand 749,935 984,621
1,800,640 1,795,539
CREDITORS
Amounts falling due within one year 7 196,825 367,328
NET CURRENT ASSETS 1,603,815 1,428,211
TOTAL ASSETS LESS CURRENT LIABILITIES 2,608,007 2,636,215

CREDITORS
Amounts falling due after more than one year 8 (84,432 ) (58,547 )

PROVISIONS FOR LIABILITIES 9 (45,087 ) (39,777 )
NET ASSETS 2,478,488 2,537,891

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 10 366,727 366,727
Retained earnings 2,111,759 2,171,162
2,478,488 2,537,891

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Cedar House Orthodontic Practice Limited (Registered number: 09621597)

Balance Sheet - continued
31 March 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2025 and were signed on its behalf by:





N L Price - Director


Cedar House Orthodontic Practice Limited (Registered number: 09621597)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Cedar House Orthodontic Practice Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery - 20% reducing balance
Computer equipment - 25% reducing balance
Fixtures and fittings - 20% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Cedar House Orthodontic Practice Limited (Registered number: 09621597)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 2,255,515
AMORTISATION
At 1 April 2024 1,206,618
Charge for year 225,552
At 31 March 2025 1,432,170
NET BOOK VALUE
At 31 March 2025 823,345
At 31 March 2024 1,048,897

Cedar House Orthodontic Practice Limited (Registered number: 09621597)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 79,468 78,842 96,394 22,953 277,657
Additions 1,515 278 50,082 6,593 58,468
At 31 March 2025 80,983 79,120 146,476 29,546 336,125
DEPRECIATION
At 1 April 2024 47,705 45,793 14,459 10,593 118,550
Charge for year 6,429 6,635 20,561 3,103 36,728
At 31 March 2025 54,134 52,428 35,020 13,696 155,278
NET BOOK VALUE
At 31 March 2025 26,849 26,692 111,456 15,850 180,847
At 31 March 2024 31,763 33,049 81,935 12,360 159,107

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 1,040,705 800,918

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 4,458 830
Trade creditors 9,466 11,726
Taxation and social security 172,207 344,338
Other creditors 10,694 10,434
196,825 367,328

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 84,432 58,547

9. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 45,087 39,777

Cedar House Orthodontic Practice Limited (Registered number: 09621597)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2024 39,777
Provided during year 5,310
Balance at 31 March 2025 45,087

10. RESERVES
Revaluation
reserve
£   
At 1 April 2024
and 31 March 2025 366,727

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
N L Price
Balance outstanding at start of year 345,757 186,111
Amounts advanced 112,661 159,646
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 458,418 345,757

MJ Brindley
Balance outstanding at start of year 193,735 61,661
Amounts advanced 65,160 132,074
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 258,895 193,735

12. ULTIMATE CONTROLLING PARTY

The company is controlled by M. J. Brindley and N. L. Price, both directors, by virtue of their shareholding.