Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 08096823 Mr Jonathan Lynd Dr Simon Flynn Mrs Anoushka Lynd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08096823 2023-12-31 08096823 2024-12-31 08096823 2024-01-01 2024-12-31 08096823 frs-core:CurrentFinancialInstruments 2024-12-31 08096823 frs-core:ComputerEquipment 2024-12-31 08096823 frs-core:ComputerEquipment 2024-01-01 2024-12-31 08096823 frs-core:ComputerEquipment 2023-12-31 08096823 frs-core:FurnitureFittings 2024-12-31 08096823 frs-core:FurnitureFittings 2024-01-01 2024-12-31 08096823 frs-core:FurnitureFittings 2023-12-31 08096823 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 08096823 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08096823 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 08096823 frs-core:PlantMachinery 2024-12-31 08096823 frs-core:PlantMachinery 2024-01-01 2024-12-31 08096823 frs-core:PlantMachinery 2023-12-31 08096823 frs-core:ShareCapital 2024-12-31 08096823 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08096823 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08096823 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08096823 frs-bus:SmallEntities 2024-01-01 2024-12-31 08096823 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08096823 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08096823 frs-bus:Director1 2024-01-01 2024-12-31 08096823 frs-bus:Director2 2024-01-01 2024-12-31 08096823 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 08096823 frs-countries:EnglandWales 2024-01-01 2024-12-31 08096823 2022-12-31 08096823 2023-12-31 08096823 2023-01-01 2023-12-31 08096823 frs-core:CurrentFinancialInstruments 2023-12-31 08096823 frs-core:ShareCapital 2023-12-31 08096823 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 08096823
Pure Dental Practice Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 08096823
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 638,404 555,279
638,404 555,279
CURRENT ASSETS
Stocks 5 12,330 14,735
Debtors 6 15,891 16,556
Cash at bank and in hand 201,133 153,275
229,354 184,566
Creditors: Amounts Falling Due Within One Year 7 (323,239 ) (362,020 )
NET CURRENT ASSETS (LIABILITIES) (93,885 ) (177,454 )
TOTAL ASSETS LESS CURRENT LIABILITIES 544,519 377,825
NET ASSETS 544,519 377,825
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 544,419 377,725
SHAREHOLDERS' FUNDS 544,519 377,825
For the year ending 31 December 2024 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Simon Flynn
Director
16/07/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Pure Dental Practice Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08096823 . The registered office is Unit B1 Fishleigh Court, Fishleigh Road, Barnstaple, Devon, EX31 3UD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% straight line
Plant & Machinery 20% straight line
Fixtures & Fittings 20% straight line
Computer Equipment 20% straight line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 2
Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was: 24 (2023: 25)
24 25
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 648,864 232,063 29,222 16,214 926,363
Additions 138,201 - 918 7,643 146,762
As at 31 December 2024 787,065 232,063 30,140 23,857 1,073,125
Depreciation
As at 1 January 2024 175,948 151,500 29,010 14,626 371,084
Provided during the period 38,908 22,262 244 2,223 63,637
As at 31 December 2024 214,856 173,762 29,254 16,849 434,721
Net Book Value
As at 31 December 2024 572,209 58,301 886 7,008 638,404
As at 1 January 2024 472,916 80,563 212 1,588 555,279
5. Stocks
2024 2023
£ £
Materials 12,330 14,735
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,682 3,652
Prepayments and accrued income 12,608 10,694
Other debtors 601 2,210
15,891 16,556
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 77,843 117,588
Corporation tax 109,099 29,172
Other taxes and social security 12,261 8,263
Other creditors 119,797 128,446
Accruals and deferred income 4,239 54,551
Directors' loan accounts - 24,000
323,239 362,020
Page 3
Page 4
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4