Caseware UK (AP4) 2024.0.164 2024.0.164 004true2023-10-01falseDental practice activities4trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09205586 2023-10-01 2024-09-30 09205586 2022-10-01 2023-09-30 09205586 2024-09-30 09205586 2023-09-30 09205586 c:Director1 2023-10-01 2024-09-30 09205586 d:PlantMachinery 2023-10-01 2024-09-30 09205586 d:PlantMachinery 2024-09-30 09205586 d:PlantMachinery 2023-09-30 09205586 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 09205586 d:OfficeEquipment 2023-10-01 2024-09-30 09205586 d:OfficeEquipment 2024-09-30 09205586 d:OfficeEquipment 2023-09-30 09205586 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 09205586 d:ComputerEquipment 2023-10-01 2024-09-30 09205586 d:ComputerEquipment 2024-09-30 09205586 d:ComputerEquipment 2023-09-30 09205586 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 09205586 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 09205586 d:Goodwill 2023-10-01 2024-09-30 09205586 d:Goodwill 2024-09-30 09205586 d:Goodwill 2023-09-30 09205586 d:ComputerSoftware 2023-10-01 2024-09-30 09205586 d:ComputerSoftware 2024-09-30 09205586 d:ComputerSoftware 2023-09-30 09205586 d:OtherResidualIntangibleAssets 2023-10-01 2024-09-30 09205586 d:CurrentFinancialInstruments 2024-09-30 09205586 d:CurrentFinancialInstruments 2023-09-30 09205586 d:Non-currentFinancialInstruments 2024-09-30 09205586 d:Non-currentFinancialInstruments 2023-09-30 09205586 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 09205586 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 09205586 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 09205586 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 09205586 d:ShareCapital 2024-09-30 09205586 d:ShareCapital 2023-09-30 09205586 d:RetainedEarningsAccumulatedLosses 2024-09-30 09205586 d:RetainedEarningsAccumulatedLosses 2023-09-30 09205586 c:FRS102 2023-10-01 2024-09-30 09205586 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09205586 c:FullAccounts 2023-10-01 2024-09-30 09205586 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09205586 d:Goodwill d:ExternallyAcquiredIntangibleAssets 2023-10-01 2024-09-30 09205586 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2023-10-01 2024-09-30 09205586 6 2023-10-01 2024-09-30 09205586 d:ExternallyAcquiredIntangibleAssets 2023-10-01 2024-09-30 09205586 d:Goodwill d:OwnedIntangibleAssets 2023-10-01 2024-09-30 09205586 d:ComputerSoftware d:OwnedIntangibleAssets 2023-10-01 2024-09-30 09205586 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Registered number: 09205586













Dental Care Professionals Ltd

Financial statements
Information for filing with the registrar

30 September 2024




 
Dental Care Professionals Ltd


Balance sheet
At 30 September 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
108,698
90,445

Tangible assets
 5 
21,427
26,238

Investments
 6 
-
23,304

  
130,125
139,987

Current assets
  

Stocks
  
3,000
3,000

Debtors
 7 
24,316
-

Cash at bank and in hand
  
11,566
23,254

  
38,882
26,254

Creditors: amounts falling due within one year
 8 
(22,720)
(43,932)

Net current assets/(liabilities)
  
 
 
16,162
 
 
(17,678)

Total assets less current liabilities
  
146,287
122,309

Creditors: amounts falling due after more than one year
 9 
(4,000)
(9,515)

Provisions for liabilities
  

Deferred tax
  
(4,041)
(4,984)

Net assets
  
138,246
107,810


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
138,146
107,710

Shareholders' funds
  
138,246
107,810


1

 
Dental Care Professionals Ltd

    
Balance sheet (continued)
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 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 12 June 2025.




D R Watson
Director

Registered number: 09205586
The notes on pages 3 to 9 form part of these financial statements. 

2

 
Dental Care Professionals Ltd
 
 

Notes to the financial statements
Year ended 30 September 2024

1.


General information

Dental Care Professionals 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 G5/6 Marlowe Innovation Centre, Marlowe Way, Ramsgate, CT12 6FA

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 private fee 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

 
Dental Care Professionals Ltd
 

 
Notes to the financial statements
Year ended 30 September 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
-
10 years
Cryptocurrency
-
not amortised

 
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:

Plant and machinery
-
15%
reducing balance
Office equipment
-
20%
reducing balance
Computer equipment
-
20%
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

 
Dental Care Professionals Ltd
 

 
Notes to the financial statements
Year ended 30 September 2024

2.Accounting policies (continued)

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.7

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.

 
2.8

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.

Other financial assets

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.

Basic financial liabilities
5

 
Dental Care Professionals Ltd
 

 
Notes to the financial statements
Year ended 30 September 2024

2.Accounting policies (continued)


2.8
Financial instruments (continued)


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 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.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).

6

 
Dental Care Professionals Ltd
 
 

Notes to the financial statements
Year ended 30 September 2024

4.


Intangible assets




Cryptocurrency
Goodwill
Total

£
£
£



Cost


At 1 October 2023
-
150,741
150,741


Additions
65,057
-
65,057


Disposals
(31,730)
-
(31,730)



At 30 September 2024

33,327
150,741
184,068



Amortisation


At 1 October 2023
-
60,296
60,296


Charge for the year
-
15,074
15,074



At 30 September 2024

-
75,370
75,370



Net book value



At 30 September 2024
33,327
75,371
108,698



At 30 September 2023
-
90,445
90,445



7

 
Dental Care Professionals Ltd
 
 

Notes to the financial statements
Year ended 30 September 2024

5.


Tangible fixed assets





Plant and machinery
Office equipment
Computer equipment
Total

£
£
£
£



Cost


At 1 October 2023
31,940
23,122
7,167
62,229



At 30 September 2024

31,940
23,122
7,167
62,229



Depreciation


At 1 October 2023
23,215
10,660
2,116
35,991


Charge for the year
1,309
2,492
1,010
4,811



At 30 September 2024

24,524
13,152
3,126
40,802



Net book value



At 30 September 2024
7,416
9,970
4,041
21,427



At 30 September 2023
8,725
12,462
5,051
26,238


6.


Investments





Unlisted investments

£





At 1 October 2023
23,304


Disposals
(9,065)


Revaluations
31,855


Transfer to intangible assets
(46,094)



At 30 September 2024
-




8

 
Dental Care Professionals Ltd
 
 

Notes to the financial statements
Year ended 30 September 2024

7.


Debtors

2024
2023
£
£


Other debtors
24,316
-

24,316
-



8.


Creditors: amounts falling due within one year

2024
2023
£
£

Bank loans
6,000
6,485

Trade creditors
4,506
3,143

Corporation tax
4,748
9,389

Other taxation and social security
2,602
6,499

Other creditors
352
14,984

Accruals and deferred income
4,512
3,432

22,720
43,932



9.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Bank loans
4,000
9,515

4,000
9,515


 
9