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Company Registration No. 12118891 (England and Wales)
Oakley Road Dental Practice Limited Unaudited accounts for the year ended 31 March 2025
Oakley Road Dental Practice Limited Unaudited accounts Contents
Page
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Oakley Road Dental Practice Limited Company Information for the year ended 31 March 2025
Director
M Pittroff
Company Number
12118891 (England and Wales)
Registered Office
84 OAKLEY ROAD SOUTHAMPTON SO16 4LJ UNITED KINGDOM
Accountants
Flamingo Accounting Limited Unit 3 Northam Business Centre Princes Street Southampton United Kingdom SO14 5RP
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Oakley Road Dental Practice Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
280,495 
294,520 
Tangible assets
93,494 
103,283 
373,989 
397,803 
Current assets
Inventories
10,559 
6,434 
Debtors
7,232 
3,441 
Cash at bank and in hand
86,097 
121,162 
103,888 
131,037 
Creditors: amounts falling due within one year
(6,625)
(49,060)
Net current assets
97,263 
81,977 
Total assets less current liabilities
471,252 
479,780 
Creditors: amounts falling due after more than one year
(373,096)
(425,104)
Provisions for liabilities
Deferred tax
(1,182)
(1,476)
Net assets
96,974 
53,200 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
96,774 
53,000 
Shareholders' funds
96,974 
53,200 
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 July 2025 and were signed on its behalf by
M Pittroff Director Company Registration No. 12118891
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Oakley Road Dental Practice Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Oakley Road Dental Practice Limited is a private company, limited by shares, registered in England and Wales, registration number 12118891. The registered office is 84 OAKLEY ROAD, SOUTHAMPTON, SO16 4LJ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
over 5 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Oakley Road Dental Practice Limited Notes to the Accounts for the year ended 31 March 2025
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2024
350,620 
At 31 March 2025
350,620 
Amortisation
At 1 April 2024
56,100 
Charge for the year
14,025 
At 31 March 2025
70,125 
Net book value
At 31 March 2025
280,495 
At 31 March 2024
294,520 
Goodwill is being written off in equal annual instalments over its estimated economic life of 25 years.
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
161,225 
16,714 
177,939 
Additions
2,693 
2,871 
5,564 
At 31 March 2025
163,918 
19,585 
183,503 
Depreciation
At 1 April 2024
66,667 
7,989 
74,656 
Charge for the year
13,614 
1,739 
15,353 
At 31 March 2025
80,281 
9,728 
90,009 
Net book value
At 31 March 2025
83,637 
9,857 
93,494 
At 31 March 2024
94,558 
8,725 
103,283 
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Oakley Road Dental Practice Limited Notes to the Accounts for the year ended 31 March 2025
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,167 
2,101 
Other debtors
4,065 
1,340 
7,232 
3,441 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
52,268 
57,530 
Trade creditors
30,054 
39,800 
Taxes and social security
47,420 
83,233 
Other creditors
1,107 
891 
Loans from directors
(124,224)
(132,394)
6,625 
49,060 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
373,096 
425,104 
9
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary A shares of £1 each
100 
100 
100 Ordinary B shares of £1 each
100 
100 
200 
200 
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
M Pittroff
132,394 
- 
8,170 
124,224 
132,394 
- 
8,170 
124,224 
11
Average number of employees
During the year the average number of employees was 10 (2024: 8).
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