General Information
Christopher Park Limited is a private company, limited by shares, registered in England and Wales, registration number 07311900, registration address Sunnyridge, 14 Orchard Close, Westfield, Radstock, BA3 3RF.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Group accounts
The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 20 years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Fixtures and Fittings |
20% Reducing Balance
|
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Average number of employees
Average number of employees during the year was 5 (2024 : 14).
|
| 3. |
Intangible fixed assets
| Cost |
Goodwill |
|
Total |
| |
£ |
|
£ |
| At 01 April 2024 |
299,555 |
|
299,555 |
| Additions |
- |
|
- |
| Disposals |
(299,555) |
|
(299,555) |
| At 31 March 2025 |
- |
|
- |
| Amortisation |
| At 01 April 2024 |
206,066 |
|
206,066 |
| Charge for year |
- |
|
- |
| On disposals |
(206,066) |
|
(206,066) |
| At 31 March 2025 |
- |
|
- |
| Net book values |
| At 31 March 2025 |
- |
|
- |
| At 31 March 2024 |
93,489 |
|
93,489 |
|
| 4. |
Tangible fixed assets
| Cost or valuation |
Fixtures and Fittings |
|
Total |
| |
£ |
|
£ |
| At 01 April 2024 |
77,575 |
|
77,575 |
| Additions |
- |
|
- |
| Disposals |
(77,575) |
|
(77,575) |
| At 31 March 2025 |
- |
|
- |
| Depreciation |
| At 01 April 2024 |
38,578 |
|
38,578 |
| Charge for year |
- |
|
- |
| On disposals |
(38,578) |
|
(38,578) |
| At 31 March 2025 |
- |
|
- |
| Net book values |
| Closing balance as at 31 March 2025 |
- |
|
- |
| Opening balance as at 01 April 2024 |
38,997 |
|
38,997 |
|
| 5. |
Investments in group undertakings
| Cost |
Other investments other than loans |
|
Total |
| |
£ |
|
£ |
| At 01 April 2024 |
237,757 |
|
237,757 |
| Additions |
- |
|
- |
| Transfer to/from tangible fixed assets |
0 |
|
0 |
| Disposals |
- |
|
- |
| At 31 March 2025 |
237,757 |
|
237,757 |
|
| 6. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Other Debtors |
140,745 |
|
160,945 |
|
140,745 |
|
160,945 |
|
| 7. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Bank Loans & Overdrafts (Secured) |
11,523 |
|
10,896 |
| Corporation Tax |
133,334 |
|
44,618 |
| Accrued Expenses |
2,762 |
|
2,659 |
| Other Creditors |
5,831 |
|
2,910 |
| Director: Dr C C Park |
0 |
|
85,000 |
|
153,450 |
|
146,083 |
|
| 8. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Bank Loans & Overdrafts (secured) |
93,475 |
|
104,998 |
|
93,475 |
|
104,998 |
|
| 9. |
Provisions for liabilities
|
2025
£ |
|
2024
£ |
| Deferred Tax |
0 |
|
7,215 |
|
0 |
|
7,215 |
|
| 10. |
Share Capital
Allotted, called up and fully paid
|
2025
£ |
|
2024
£ |
|
100
Ordinary shares of £1.00 each |
100 |
|
100 |
|
100 |
|
100 |
|
| 11. |
Related parties
During the year the company entered into the following transactions with related parties: | Transaction value - income/(expenses) | | Balance owed by/(owed to) |
|---|
| 2025
£ | | 2024
£ | | 2025
£ | | 2024
£ |
|---|
| Little Dental Co Limited | (20,200) | | (18,000) | | 140,745 | | 160,945 |
The subsidiary company of Christopher Park Limited is Little Dental Co Limited and its registered office is Larkhall Dental Practice, 1a St. Saviours Road, Bath BA1 6RT. |
| 12. |
Advances and Credits
Directors' transactions Advances, due within one year, have been granted by the company to its directors as follows: | Brought Forward
£ | Amount
£ | Interest
£ | Repaid
£ | Written Off
£ | Waived
£ | Carry Forward
£ |
|---|
| Directors' transactions | 0 | | 0 | | 0 | | 0 | | 0 | | 0 | | 0 | | 0 | | 0 | | 0 | | 0 | | 0 | | 0 | | 0 |
| Brought Forward
£ | Amount
£ | Interest
£ | Repaid
£ | Written Off
£ | Waived
£ | Carry Forward
£ |
|---|
| Directors' transactions | 54,000 | | 0 | | 0 | | 54,000 | | 0 | | 0 | | 0 | | 54000 | | 0 | | 0 | | 54000 | | 0 | | 0 | | 0 |
|
| 13. |
Creditors: amounts falling due within and after more than one year
Bank Loans & Overdrafts are secured by fixed and floating charges over the property and undertaking of the company.
Creditors which fall due after five years are payable by instalments and total £40,365 (2024:
£54,776).
|
2
|