Caseware UK (AP4) 2024.0.164 2024.0.164 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.10truefalsetrue122024-04-06Dental practice activities 07534070 2024-04-06 2025-04-05 07534070 2023-04-06 2024-04-05 07534070 2025-04-05 07534070 2024-04-05 07534070 c:Director1 2024-04-06 2025-04-05 07534070 d:PlantMachinery 2024-04-06 2025-04-05 07534070 d:PlantMachinery 2025-04-05 07534070 d:PlantMachinery 2024-04-05 07534070 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-06 2025-04-05 07534070 d:MotorVehicles 2024-04-06 2025-04-05 07534070 d:MotorVehicles 2025-04-05 07534070 d:MotorVehicles 2024-04-05 07534070 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-06 2025-04-05 07534070 d:FurnitureFittings 2024-04-06 2025-04-05 07534070 d:FurnitureFittings 2025-04-05 07534070 d:FurnitureFittings 2024-04-05 07534070 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-06 2025-04-05 07534070 d:ComputerEquipment 2024-04-06 2025-04-05 07534070 d:ComputerEquipment 2025-04-05 07534070 d:ComputerEquipment 2024-04-05 07534070 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-06 2025-04-05 07534070 d:OtherPropertyPlantEquipment 2024-04-06 2025-04-05 07534070 d:OtherPropertyPlantEquipment 2025-04-05 07534070 d:OtherPropertyPlantEquipment 2024-04-05 07534070 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2024-04-06 2025-04-05 07534070 d:OwnedOrFreeholdAssets 2024-04-06 2025-04-05 07534070 d:Goodwill 2024-04-06 2025-04-05 07534070 d:Goodwill 2025-04-05 07534070 d:Goodwill 2024-04-05 07534070 d:CurrentFinancialInstruments 2025-04-05 07534070 d:CurrentFinancialInstruments 2024-04-05 07534070 d:Non-currentFinancialInstruments 2025-04-05 07534070 d:Non-currentFinancialInstruments 2024-04-05 07534070 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-05 07534070 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-05 07534070 d:Non-currentFinancialInstruments d:AfterOneYear 2025-04-05 07534070 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-05 07534070 d:ShareCapital 2025-04-05 07534070 d:ShareCapital 2024-04-05 07534070 d:RetainedEarningsAccumulatedLosses 2025-04-05 07534070 d:RetainedEarningsAccumulatedLosses 2024-04-05 07534070 c:FRS102 2024-04-06 2025-04-05 07534070 c:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 07534070 c:FullAccounts 2024-04-06 2025-04-05 07534070 c:PrivateLimitedCompanyLtd 2024-04-06 2025-04-05 07534070 d:Goodwill d:OwnedIntangibleAssets 2024-04-06 2025-04-05 07534070 e:PoundSterling 2024-04-06 2025-04-05 iso4217:GBP xbrli:pure
Registered number: 07534070













PY Surgery Limited

Financial statements
Information for filing with the registrar

5 April 2025




 
PY Surgery Limited


Balance sheet
At 5 April 2025

2025
2024
Note
£
£

Fixed assets
  

Intangible assets
 4 
-
15,919

Tangible assets
 5 
117,073
128,111

  
117,073
144,030

Current assets
  

Stocks
  
8,000
8,000

Debtors
 6 
1,375,327
578,046

Cash at bank and in hand
  
84,423
729,006

  
1,467,750
1,315,052

Creditors: amounts falling due within one year
 7 
(172,200)
(189,790)

Net current assets
  
 
 
1,295,550
 
 
1,125,262

Total assets less current liabilities
  
1,412,623
1,269,292

Creditors: amounts falling due after more than one year
 8 
(8,479)
-

Provisions for liabilities
  

Deferred tax
  
(19,111)
(21,548)

Net assets
  
1,385,033
1,247,744


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,384,933
1,247,644

Shareholders' funds
  
1,385,033
1,247,744


1

 
PY Surgery Limited

    
Balance sheet (continued)
At 5 April 2025

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 8 July 2025.




P P Yesudian
Director

Company registered number: 07534070
The notes on pages 3 to 7 form part of these financial statements. 

2

 
PY Surgery Limited
 
 

Notes to the financial statements
Year ended 5 April 2025

1.


General information

PY Surgery Limited ("the company") is a private company limited by shares, incorporated in the
United Kingdom and registered in England. The address of the registered office is 1 Wood Street, Swindon, Wiltshire, England, SN1 4AN.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

The turnover shown in the profit and loss account represents private dental fee income receivable
during the period.

 
2.3

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

 
2.4

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.

3

 
PY Surgery Limited
 

 
Notes to the financial statements
Year ended 5 April 2025

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

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 basis
Motor vehicles
-
25%
reducing balance basis
Fixtures and fittings
-
15%
reducing balance basis
Computer equipment
-
33%
straight line basis
Improvements to property
-
2%
straight line basis

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 directors, during the year was 12 (2024: 10).

4

 
PY Surgery Limited
 
 

Notes to the financial statements
Year ended 5 April 2025

4.


Intangible assets




Goodwill

£



Cost


At 6 April 2024
212,250



At 5 April 2025

212,250



Amortisation


At 6 April 2024
196,331


Charge for the year
15,919



At 5 April 2025

212,250



Net book value



At 5 April 2025
-



At 5 April 2024
15,919



5

 
PY Surgery Limited
 
 

Notes to the financial statements
Year ended 5 April 2025

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Computer equipment
Improvements to property
Total

£
£
£
£
£
£



Cost


At 6 April 2024
216,752
53,440
28,630
24,410
79,512
402,744


Additions
16,409
-
740
2,576
1,294
21,019



At 5 April 2025

233,161
53,440
29,370
26,986
80,806
423,763



Depreciation


At 6 April 2024
156,644
31,396
28,472
15,420
42,701
274,633


Charge for the year
16,552
5,511
98
8,299
1,597
32,057



At 5 April 2025

173,196
36,907
28,570
23,719
44,298
306,690



Net book value



At 5 April 2025
59,965
16,533
800
3,267
36,508
117,073



At 5 April 2024
60,108
22,044
158
8,990
36,811
128,111


6.


Debtors

2025
2024
£
£


Other debtors
1,360,115
567,429

Prepayments and accrued income
15,212
10,617

1,375,327
578,046


6

 
PY Surgery Limited
 
 

Notes to the financial statements
Year ended 5 April 2025

7.


Creditors: amounts falling due within one year

2025
2024
£
£

Trade creditors
41,553
26,827

Corporation tax
116,365
140,103

Obligations under finance lease and hire purchase contracts
8,756
18,612

Other creditors
1,092
-

Accruals and deferred income
4,434
4,248

172,200
189,790



8.


Creditors: amounts falling due after more than one year

2025
2024
£
£

Net obligations under finance leases and hire purchase contracts
8,479
-

8,479
-



9.


Related party transactions

During the year the company operated on normal commercial terms with Luno Residental Limited, a company the directors have a 100% shareholding in. At the end of the year the amount owed from Luno Residential Limited was £421,120 (2024: £388,120).

 
7