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REGISTERED NUMBER: 08201734 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Primrose Dental Ltd.

Primrose Dental Ltd. (Registered number: 08201734)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Primrose Dental Ltd.

Company Information
for the Year Ended 30 September 2024







DIRECTOR: N L Kyaw



REGISTERED OFFICE: Unit 3 Cedar Court
1 Royal Oak Yard
London
SE1 3GA



REGISTERED NUMBER: 08201734 (England and Wales)



ACCOUNTANTS: ElanTax.com
Unit 3 Cedar Court
1 Royal Oak Yard
London
SE1 3GA



BANK: Metro
1 Southampton Row
London
WC1B5HA

Primrose Dental Ltd. (Registered number: 08201734)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 142,500 156,750
Tangible assets 5 3,800 4,368
146,300 161,118

CURRENT ASSETS
Stocks 6 2,396 2,287
Debtors 7 764 7,561
Cash at bank and in hand 9,142 100
12,302 9,948
CREDITORS
Amounts falling due within one year 8 48,471 46,937
NET CURRENT LIABILITIES (36,169 ) (36,989 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

110,131

124,129

CREDITORS
Amounts falling due after more than one
year

9

91,731

106,796
NET ASSETS 18,400 17,333

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11 18,300 17,233
18,400 17,333

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Primrose Dental Ltd. (Registered number: 08201734)

Balance Sheet - continued
30 September 2024


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 director and authorised for issue on 15 May 2025 and were signed by:





N L Kyaw - Director


Primrose Dental Ltd. (Registered number: 08201734)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Primrose Dental Ltd. 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.

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 0, is being amortised evenly over its estimated useful life of nil 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 each asset over its estimated useful life.
Plant and machinery - 20% on 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 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.

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 3 (2023 - 2 ) .

Primrose Dental Ltd. (Registered number: 08201734)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 285,000
AMORTISATION
At 1 October 2023 128,250
Amortisation for year 14,250
At 30 September 2024 142,500
NET BOOK VALUE
At 30 September 2024 142,500
At 30 September 2023 156,750

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 October 2023 31,387
Additions 382
At 30 September 2024 31,769
DEPRECIATION
At 1 October 2023 27,019
Charge for year 950
At 30 September 2024 27,969
NET BOOK VALUE
At 30 September 2024 3,800
At 30 September 2023 4,368

6. STOCKS
30.9.24 30.9.23
£    £   
Stocks 2,396 2,287

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Amounts owed by group undertakings 354 -
Prepayments 410 7,561
764 7,561

Primrose Dental Ltd. (Registered number: 08201734)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts (see note 10) 15,533 16,002
Trade creditors 997 1,795
Tax 3,692 7,941
Social security and other taxes 89 (6,400 )
Net wages 4,266 2,491
Pension control account 36 -
Directors' current accounts 9,828 11,786
Accrued expenses 14,030 13,322
48,471 46,937

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans (see note 10) 91,731 106,796

10. LOANS

An analysis of the maturity of loans is given below:

30.9.24 30.9.23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 469
Bank loans 15,533 15,533
15,533 16,002

Amounts falling due between one and two years:
Bank loans - 1-2 years 16,310 16,310

Amounts falling due between two and five years:
Bank loans - 2-5 years 75,421 90,486

11. RESERVES
Retained
earnings
£   

At 1 October 2023 17,233
Profit for the year 1,567
Dividends (500 )
At 30 September 2024 18,300

Primrose Dental Ltd. (Registered number: 08201734)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

12. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
N L Kyaw
Balance outstanding at start of year (11,786 ) (23,843 )
Amounts advanced 5,109 15,302
Amounts repaid (3,151 ) (3,245 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (9,828 ) (11,786 )