REGISTERED NUMBER: 06972419 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

MEACHER & ASSOCIATES LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Report of the accountants

8

DIRECTOR:

D J Meacher

REGISTERED OFFICE:

1,The Old Lookout

Cemaes Bay

Anglesey

LL67 0NF

REGISTERED NUMBER:

06972419 (England and Wales)

ACCOUNTANTS:

Fraser Wood Limited

Chartered Certified Accountants

2 Llys Onnen

Ffordd Y Llyn

Parc Menai

Bangor

Gwynedd

LL57 4DF

FIXED ASSETS

Intangible assets

4

15,145

30,286

Tangible assets

5

24,954

32,965

40,099

63,251

CURRENT ASSETS

Stocks

2,400

2,400

Debtors

6

11,119

-

Cash at bank and in hand

48,687

25,338

62,206

27,738

CREDITORS

Amounts falling due within one year

7

(61,408

)

(45,592

)

NET CURRENT ASSETS/(LIABILITIES)

798

(17,854

)

TOTAL ASSETS LESS CURRENT LIABILITIES

40,897

45,397

PROVISIONS FOR LIABILITIES

(6,238

)

(8,241

)

NET ASSETS

34,659

37,156

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

34,559

37,056

SHAREHOLDERS' FUNDS

34,659

37,156

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 20 June 2025 and were signed by:

D J Meacher - Director

1.	STATUTORY INFORMATION

Meacher & Associates 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 represents amounts receivable for dental services.

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

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

-

15%-33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

189,266

AMORTISATION

At 1 April 2024

158,980

Charge for year

15,141

At 31 March 2025

174,121

NET BOOK VALUE

At 31 March 2025

15,145

At 31 March 2024

30,286

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

127,839

Additions

2,943

Disposals

(6,986

)

At 31 March 2025

123,796

DEPRECIATION

At 1 April 2024

94,874

Charge for year

5,321

Eliminated on disposal

(1,353

)

At 31 March 2025

98,842

NET BOOK VALUE

At 31 March 2025

24,954

At 31 March 2024

32,965

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,144

-

Other debtors

9,975

-

11,119

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

10,748

18,676

Taxation and social security

24,914

22,312

Other creditors

25,746

4,604

61,408

45,592

8.	TRANSACTIONS WITH DIRECTOR

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

D J Meacher

Balance outstanding at start of year

(4,033

)

(732

)

Amounts advanced

14,001

-

Amounts repaid

-

(3,301

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,968

(4,033

)

At the reporting date, Mr D J Meacher had an overdrawn loan account with the company of £9,968, which is included within other debtors.

In the prior year, as at 31 March 2024, Mr D J Meacher had a loan balance of £4,033, which was included within other creditors.

The directors loan was repaid in full on 30/6/25.

9.	ULTIMATE CONTROLLING PARTY

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Director's report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 we have prepared for your approval the accounts of Meacher & Associates Limited for the year ended 31 March 2025 from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.

Fraser Wood Limited

Chartered Certified Accountants

2 Llys Onnen

Ffordd Y Llyn

Parc Menai

Bangor

Gwynedd

LL57 4DF

20 June 2025