REGISTERED NUMBER: 14897943 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

HPD Newpegs Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr H Drewett

REGISTERED OFFICE:

C/O City, Chartered Accountants

Suite 540, Fifth Floor, Linen Hall

162-168 Regent Street

London

W1B 5TF

REGISTERED NUMBER:

14897943 (England and Wales)

ACCOUNTANTS:

City, Chartered Accountants

Suite 540, 5th Floor,

Linen Hall

162- 168 Regent Street

London

W1B 5TF

FIXED ASSETS

Investments

4

1,225,036

1,225,036

CURRENT ASSETS

Debtors

5

1,901

25

Cash at bank

11,088

11,368

12,989

11,393

CREDITORS

Amounts falling due within one year

6

(48,033

)

(44,795

)

NET CURRENT LIABILITIES

(35,044

)

(33,402

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,189,992

1,191,634

CREDITORS

Amounts falling due after more than one year

7

(1,105,813

)

(1,155,751

)

NET ASSETS

84,179

35,883

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

84,079

35,783

SHAREHOLDERS' FUNDS

84,179

35,883

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 13 August 2025 and were signed by:

Dr H Drewett - Director

1.	STATUTORY INFORMATION

HPD Newpegs 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

1,225,036

NET BOOK VALUE

At 31 March 2025

1,225,036

At 31 March 2024

1,225,036

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed by associates

1,901

25

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

47,225

44,512

Taxation and social security

95

79

Other creditors

713

204

48,033

44,795

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,105,813

1,155,751

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

916,913

977,703

A charge in favour of Barclays Security Trustee Limited was registered at Companies House on 11 September 2023.

8.	RELATED PARTY DISCLOSURES

At the year end, the Company was owed £1,901 (2024: £25) by Walton Park Dental Practice Limited. During the year, total dividends of £170,000 (2024: £74,000) and management fees of £90,000 (2024: £31,000) were received from Walton Park Dental Practice Limited.

At the year end, the Company owed the Director £713 (2024: £203). During the year, total dividends of £122,000 (2024: £38,500) were paid to the director.