REGISTERED NUMBER: 06383766 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Chadwell Dental Care Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Mr A N Ullah

Mrs S A Beg

SECRETARY:

Mrs S A Beg

REGISTERED OFFICE:

Suite 1

Concept House

23 Billet Lane

Hornchurch

Essex

RM11 1XP

REGISTERED NUMBER:

06383766 (England and Wales)

ACCOUNTANTS:

Havard & Associates

Suite 1

Concept House

23 Billet Lane

Hornchurch

Essex

RM11 1XP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

19,037

22,807

19,037

22,807

CURRENT ASSETS

Debtors

6

288,204

175,731

Cash at bank and in hand

30,411

19,778

318,615

195,509

CREDITORS

Amounts falling due within one year

7

277,756

171,073

NET CURRENT ASSETS

40,859

24,436

TOTAL ASSETS LESS CURRENT LIABILITIES

59,896

47,243

PROVISIONS FOR LIABILITIES

2,930

3,481

NET ASSETS

56,966

43,762

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8

56,866

43,662

SHAREHOLDERS' FUNDS

56,966

43,762

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by:

Mr A N Ullah - Director

1.	STATUTORY INFORMATION

Chadwell Dental Care Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Goodwill

Goodwill of £775,000 was purchased from the company's directors on commencement of trade on 30th September 2009, having previously been acquired by the directors in their capacity as sole traders from an unrelated third party on 1st August 2003. Goodwill is amortised at 10% per annum using the straight line method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

775,000

AMORTISATION

At 1 January 2024

and 31 December 2024

775,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

6,050

59,668

65,718

Additions

-

990

990

At 31 December 2024

6,050

60,658

66,708

DEPRECIATION

At 1 January 2024

2,952

39,959

42,911

Charge for year

620

4,140

4,760

At 31 December 2024

3,572

44,099

47,671

NET BOOK VALUE

At 31 December 2024

2,478

16,559

19,037

At 31 December 2023

3,098

19,709

22,807

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

43,921

41,351

Other debtors

244,283

134,380

288,204

175,731

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

23,551

43,963

Trade creditors

20,605

18,261

Taxation and social security

110,406

103,995

Other creditors

123,194

4,854

277,756

171,073

8.

RESERVES

Retained

earnings

£

At 1 January 2024

43,662

Profit for the year

324,530

Dividends

(311,326

)

At 31 December 2024

56,866

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

Mr A N Ullah

Balance outstanding at start of year

64,716

52,136

Amounts advanced

192,729

212,340

Amounts repaid

(191,081

)

(199,760

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

66,364

64,716

Mrs S A Beg

Balance outstanding at start of year

67,314

35,590

Amounts advanced

112,756

149,431

Amounts repaid

(120,245

)

(117,707

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

59,825

67,314

Interest has been charged on the above loans at 2.5%.

A loan equal to that of A Ullah was also loaned to the Shareholder S Ullah.