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Registered number: 07522222
The Riley Dental Studio Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
The Riley Dental Studio Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—8

Page 1
The Riley Dental Studio Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 07522222

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 12,495 |  | 24,990
Tangible Assets | 5 |  | 824,053 |  | 899,189
|  |  | 836,548 |  | 924,179
CURRENT ASSETS
Stocks | 6 | 44,143 |  | 46,708 |
Debtors | 7 | 11,710 |  | 13,331 |
Cash at bank and in hand |  | 23,159 |  | 3,654 |
|  | 79,012 |  | 63,693 |
Creditors: Amounts Falling Due Within One Year | 8 | (298,659 ) |  | (309,247 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (219,647 ) |  | (245,554 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 616,901 |  | 678,625
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (507,793 ) |  | (602,218 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (48,000 ) |  | (63,000 )
NET ASSETS |  |  | 61,108 |  | 13,407
CAPITAL AND RESERVES
Called up share capital | 12 |  | 4 |  | 4
Profit and Loss Account |  |  | 61,104 |  | 13,403
SHAREHOLDERS' FUNDS |  |  | 61,108 |  | 13,407

Page 1
Page 2
The Riley Dental Studio Limited
Balance Sheet (continued)
As At 31 March 2025
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr G Riley Director
19/10/2025

The notes on pages 3 to 8 form part of these financial statements.
Page 2
Page 3
The Riley Dental Studio Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
The Riley Dental Studio Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07522222 . The registered office is 7 Old Road, Barlaston, Stoke-On-Trent, Staffordshire, ST12 9EQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The financial statements are prepared in sterling which is the functional currency of the entity.
Monetary amounts in these financial statements have been rounded to the nearest £.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable Turnover includes revenue earned from the rendering of services.
Rendering of services
Turnover from the rendering of services is recognised when the company obtains the right to receive consideration for services provided.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold | 2% straight line
Plant & Machinery | 25% reducing balance
Motor Vehicles | 25% reducing balance
Fixtures & Fittings | 25% reducing balance
Computer Equipment | 25% reducing balance

2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
Page 3
Page 4
The Riley Dental Studio Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.6. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs.
2.7. Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. The basic financial instruments of the company are as follows:
Debtors
Debtors do not carry any interest and are stated at their nominal values. Appropriate allowances for estimated irrecoverable amounts are recognised in the profit and loss account when there is objective evidence that the asset is impaired.
Cash at bank and in hand
This comprises cash at bank and in hand.
Trade creditors
Trade creditors are not interest bearing and are stated at their nominal value.
Loans
Loans are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 4
Page 5
The Riley Dental Studio Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 17 (2024: 17)
17 17
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 April 2024 | 165,674
As at 31 March 2025 | 165,674
Amortisation
As at 1 April 2024 | 140,684
Provided during the period | 12,495
As at 31 March 2025 | 153,179
Net Book Value
As at 31 March 2025 | 12,495
As at 1 April 2024 | 24,990

Goodwill relates to the excess paid by the company over the value of the assets for the trade acquired from the partnership business Endon Dental Centre.
5. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Motor Vehicles | Fixtures & Fittings
| £ | £ | £ | £
Cost
As at 1 April 2024 | 801,378 | 453,187 | 121,556 | 121,274
As at 31 March 2025 | 801,378 | 453,187 | 121,556 | 121,274
Depreciation
As at 1 April 2024 | 138,628 | 343,425 | 53,181 | 83,832
Provided during the period | 16,027 | 27,440 | 17,093 | 9,361
As at 31 March 2025 | 154,655 | 370,865 | 70,274 | 93,193
Net Book Value
As at 31 March 2025 | 646,723 | 82,322 | 51,282 | 28,081
As at 1 April 2024 | 662,750 | 109,762 | 68,375 | 37,442

Page 5
Page 6
The Riley Dental Studio Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025

| Computer Equipment | Total
--- | --- | ---
| £ | £
Cost
As at 1 April 2024 | 76,457 | 1,573,852
As at 31 March 2025 | 76,457 | 1,573,852
Depreciation
As at 1 April 2024 | 55,597 | 674,663
Provided during the period | 5,215 | 75,136
As at 31 March 2025 | 60,812 | 749,799
Net Book Value
As at 31 March 2025 | 15,645 | 824,053
As at 1 April 2024 | 20,860 | 899,189

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Materials | 44,143 |  | 46,708

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 950 |  | 1,816
Prepayments and accrued income | 1,807 |  | 1,807
Other debtors | 3,000 |  | 3,000
Director's loan account | 5,953 |  | 6,708
| 11,710 |  | 13,331

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 26,944 |  | 27,082
Trade creditors | 69,275 |  | 84,943
Bank loans and overdrafts | 62,800 |  | 115,194
Corporation tax | 76,000 |  | 37,000

...CONTINUED
Page 6
Page 7
The Riley Dental Studio Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025

Other taxes and social security | 10,903 |  | 7,493
Other creditors | 10,941 |  | 19,323
Accruals and deferred income | 41,796 |  | 18,212
| 298,659 |  | 309,247

9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 75,131 |  | 102,654
Bank loans | 432,662 |  | 499,564
| 507,793 |  | 602,218

Of the creditors falling due after more than one year the following amounts are due after more than five years.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 292,109 |  | 332,549

10. Secured Creditors
Of the creditors the following amounts are secured.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 102,075 |  | 129,736
Bank loans and overdrafts | 457,644 |  | 483,705

11. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 26,944 |  | 27,082
Later than one year and not later than five years | 75,131 |  | 102,654
| 102,075 |  | 129,736
| 102,075 |  | 129,736

12. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 4 |  | 4

Page 7
Page 8
The Riley Dental Studio Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
13. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 April 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 March 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr G Riley | 6,708 | 6,439 | 7,194 | - | 5,953

The above loan is unsecured, interest free and repayable on demand.
The director Mr G Riley has provided a personal guarantee of £410,000 to the bank.
Page 8