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Registered number: 07980913
Roseacre Cottage Dental Practice Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Cleverdons
Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07980913
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 97,261 145,891
Tangible Assets 5 269,463 263,854
366,724 409,745
CURRENT ASSETS
Stocks 6 5,490 6,742
Debtors 7 45,152 46,350
Cash at bank and in hand 118,156 125,120
168,798 178,212
Creditors: Amounts Falling Due Within One Year 8 (278,429 ) (254,189 )
NET CURRENT ASSETS (LIABILITIES) (109,631 ) (75,977 )
TOTAL ASSETS LESS CURRENT LIABILITIES 257,093 333,768
Creditors: Amounts Falling Due After More Than One Year 9 (108,029 ) (121,222 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (67,366 ) (66,319 )
NET ASSETS 81,698 146,227
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 81,598 146,127
SHAREHOLDERS' FUNDS 81,698 146,227
Page 1
Page 2
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 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 Matthew Wall
Director
16 August 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Roseacre Cottage Dental Practice Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07980913 . The registered office is 7 The Broadway, Broadstairs, Kent, CT10 2AD.
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
Income is recognised when the company fulfils its contractual obligations to customers by supplying services and excludes value added tax.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 15 years.
2.4. 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:
Fixtures & Fittings 15% on written down value
Computer Equipment 33% on cost
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. 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.
2.7. 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 years 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.
...CONTINUED
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2.7. Taxation - continued
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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 17 (2024: 17)
17 17
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 729,457
As at 31 March 2025 729,457
Amortisation
As at 1 April 2024 583,566
Impairment losses 48,630
As at 31 March 2025 632,196
Net Book Value
As at 31 March 2025 97,261
As at 1 April 2024 145,891
5. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 April 2024 505,703
Additions 50,471
As at 31 March 2025 556,174
Depreciation
As at 1 April 2024 241,849
Provided during the period 44,862
As at 31 March 2025 286,711
Net Book Value
As at 31 March 2025 269,463
As at 1 April 2024 263,854
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6. Stocks
2025 2024
£ £
Work in progress 5,490 6,742
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 43,844 43,713
Other debtors 1,308 2,637
45,152 46,350
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 33,617 21,646
Trade creditors 71,368 89,906
Bank loans and overdrafts 33,693 29,918
Other creditors 6,196 5,386
Taxation and social security 133,555 107,333
278,429 254,189
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 79,537 71,653
Bank loans 28,492 49,569
108,029 121,222
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Other Commitments
2025 2024
£ £
Not later than one year 43,703 42,838
Later than one year and not later than five years 79,758 74,640
123,461 117,478
12. Directors Advances, Credits and Guarantees
The company has provided security to the Directors for a loan of £905,735 (2024: £965,214).
The security consists of fixed and floating charges over the assets of the company and the lease on the property it occupies. 
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