REGISTERED NUMBER: 07730328 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Guildford Dental Practice Limited

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

S Anbazhagan

T Pandurangan

REGISTERED OFFICE:

9 First Floor

London Road

Guildford

GU1 2AA

REGISTERED NUMBER:

07730328 (England and Wales)

ACCOUNTANTS:

Ahmad York Limited

Chartered Certified Accountants

1 Stanyards Courtyard

Stanyards Farm

Chertsey Road

Chobham

Surrey

GU24 8JE

FIXED ASSETS

Intangible assets

4

105,750

117,500

Tangible assets

5

58,258

74,992

164,008

192,492

CURRENT ASSETS

Stocks

1,000

1,000

Debtors

81,021

(29,405

)

Cash at bank

25,489

66,583

107,510

38,178

CREDITORS

Amounts falling due within one year

49,298

57,491

NET CURRENT ASSETS/(LIABILITIES)

58,212

(19,313

)

TOTAL ASSETS LESS CURRENT LIABILITIES

222,220

173,179

PROVISIONS FOR LIABILITIES

11,069

14,248

NET ASSETS

211,151

158,931

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

211,051

158,831

211,151

158,931

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 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2025 and were signed on its behalf by:

T Pandurangan - Director

1.	STATUTORY INFORMATION

Guildford Dental Practice 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty years.

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

-

25% 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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

235,000

AMORTISATION

At 1 April 2024

117,500

Amortisation for year

11,750

At 31 March 2025

129,250

NET BOOK VALUE

At 31 March 2025

105,750

At 31 March 2024

117,500

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

218,959

Additions

3,852

At 31 March 2025

222,811

DEPRECIATION

At 1 April 2024

143,967

Charge for year

20,586

At 31 March 2025

164,553

NET BOOK VALUE

At 31 March 2025

58,258

At 31 March 2024

74,992

6.	COMMITMENTS, GUARANTEES AND CONTINGENCIES

At the year end the company has commitments, guarantees and contingencies totalling £239,200 (2024: £265,266)