27 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2024 - FRS102_2024 722,154 538,123 25,440 563,563 158,591 184,031 xbrli:pure xbrli:shares iso4217:GBP 07497146 2024-04-01 2025-03-31 07497146 2025-03-31 07497146 2024-03-31 07497146 2023-04-01 2024-03-31 07497146 2024-03-31 07497146 2023-03-31 07497146 bus:Director1 2024-04-01 2025-03-31 07497146 core:NetGoodwill 2024-03-31 07497146 core:NetGoodwill 2025-03-31 07497146 core:LandBuildings 2024-03-31 07497146 core:FurnitureFittings 2024-03-31 07497146 core:LandBuildings 2025-03-31 07497146 core:FurnitureFittings 2025-03-31 07497146 core:LandBuildings 2024-04-01 2025-03-31 07497146 core:FurnitureFittings 2024-04-01 2025-03-31 07497146 core:WithinOneYear 2025-03-31 07497146 core:WithinOneYear 2024-03-31 07497146 core:AfterOneYear 2025-03-31 07497146 core:AfterOneYear 2024-03-31 07497146 core:ShareCapital 2025-03-31 07497146 core:ShareCapital 2024-03-31 07497146 core:RetainedEarningsAccumulatedLosses 2025-03-31 07497146 core:RetainedEarningsAccumulatedLosses 2024-03-31 07497146 core:NetGoodwill 2024-04-01 2025-03-31 07497146 core:NetGoodwill 2024-03-31 07497146 core:LandBuildings 2024-03-31 07497146 core:FurnitureFittings 2024-03-31 07497146 bus:SmallEntities 2024-04-01 2025-03-31 07497146 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07497146 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07497146 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07497146 bus:FullAccounts 2024-04-01 2025-03-31 07497146 core:LandBuildings core:ShortLeaseholdAssets 2024-04-01 2025-03-31 07497146 core:AfterOneYear 2024-04-01 2025-03-31
COMPANY REGISTRATION NUMBER: 07497146
Simdent Dental Care Limited
Filleted Unaudited Financial Statements
31 March 2025
Simdent Dental Care Limited
Balance Sheet
31 March 2025
2025
2024
Note
£
£
£
Fixed assets
Intangible assets
5
158,591
184,031
Tangible assets
6
439,413
484,928
---------
---------
598,004
668,959
Current assets
Stocks
24,448
29,514
Debtors
7
45,844
45,965
Cash at bank and in hand
518,264
298,060
---------
---------
588,556
373,539
Creditors: amounts falling due within one year
8
638,895
486,845
---------
---------
Net current liabilities
50,339
113,306
---------
---------
Total assets less current liabilities
547,665
555,653
Creditors: amounts falling due after more than one year
9
150,104
228,170
Provisions
Taxation including deferred tax
54,608
65,820
---------
---------
Net assets
342,953
261,663
---------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
342,853
261,563
---------
---------
Shareholders funds
342,953
261,663
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Simdent Dental Care Limited
Balance Sheet (continued)
31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 12 August 2025 , and are signed on behalf of the board by:
Dr S Shah
Director
Company registration number: 07497146
Simdent Dental Care Limited
Notes to the Financial Statements
Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Kimberley House, 31 Burnt Oak Broadway, Edgware, London, HA8 5LD.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill
-
18 years
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Short leasehold property
-
10 years
Fixtures, fittings and equipment
-
20% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making an allowance for obsolete and slow moving items.
Finance leases and hire purchase contracts
Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
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 entity after deducting all of its financial liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 27 (2024: 23 ).
5. Intangible assets
Goodwill
£
Cost
At 1 April 2024 and 31 March 2025
722,154
---------
Amortisation
At 1 April 2024
538,123
Charge for the year
25,440
---------
At 31 March 2025
563,563
---------
Carrying amount
At 31 March 2025
158,591
---------
At 31 March 2024
184,031
---------
6. Tangible assets
Land and buildings
Fixtures, fittings and equipment
Total
£
£
£
Cost
At 1 April 2024
322,280
583,843
906,123
Additions
39,067
39,067
---------
---------
---------
At 31 March 2025
322,280
622,910
945,190
---------
---------
---------
Depreciation
At 1 April 2024
60,057
361,138
421,195
Charge for the year
32,228
52,354
84,582
---------
---------
---------
At 31 March 2025
92,285
413,492
505,777
---------
---------
---------
Carrying amount
At 31 March 2025
229,995
209,418
439,413
---------
---------
---------
At 31 March 2024
262,223
222,705
484,928
---------
---------
---------
7. Debtors
2025
2024
£
£
Trade debtors
2,400
Other debtors
45,844
43,565
--------
--------
45,844
45,965
--------
--------
8. Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
123,071
92,340
Trade creditors
255,699
281,826
Corporation tax
84,461
1,124
Social security and other taxes
14,790
11,333
Other creditors
160,874
100,222
---------
---------
638,895
486,845
---------
---------
Creditors include bank loans and net obligations under finance lease and hire purchase contracts which are secured of £79,366 (2024: £79,366). The bank loan is secured by a legal charge over the company's assets, a debenture granted by the company and a guarantee by the director. The finance leases are secured on the assets concerned.
9. Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
100,616
143,374
Other creditors
49,488
84,796
---------
---------
150,104
228,170
---------
---------
Creditors include bank loans and net obligations under finance lease and hire purchase contracts which are secured of £149,647 (2024: £228,170). The bank loan is secured by a legal charge over the company's assets, a debenture granted by the company and a guarantee by the director. The finance leases are secured on the assets concerned.
10. Directors' advances, credits and guarantees
As at 1 April 2024 Amount advanced Amount repaid At 31 March 2025
£ £ £ £
Director's advances 19,908 279,309 (299,675) (458)