Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08157391 Dr J W Young iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08157391 2024-03-31 08157391 2025-03-31 08157391 2024-04-01 2025-03-31 08157391 frs-core:CurrentFinancialInstruments 2025-03-31 08157391 frs-core:Non-currentFinancialInstruments 2025-03-31 08157391 frs-core:NetGoodwill 2025-03-31 08157391 frs-core:NetGoodwill 2024-04-01 2025-03-31 08157391 frs-core:NetGoodwill 2024-03-31 08157391 frs-core:MotorVehicles 2025-03-31 08157391 frs-core:MotorVehicles 2024-04-01 2025-03-31 08157391 frs-core:MotorVehicles 2024-03-31 08157391 frs-core:PlantMachinery 2025-03-31 08157391 frs-core:PlantMachinery 2024-04-01 2025-03-31 08157391 frs-core:PlantMachinery 2024-03-31 08157391 frs-core:ShareCapital 2025-03-31 08157391 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08157391 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08157391 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08157391 frs-bus:SmallEntities 2024-04-01 2025-03-31 08157391 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08157391 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08157391 frs-bus:Director1 2024-04-01 2025-03-31 08157391 frs-bus:Director1 2024-03-31 08157391 frs-bus:Director1 2025-03-31 08157391 frs-core:CurrentFinancialInstruments 1 2025-03-31 08157391 frs-core:Non-currentFinancialInstruments 1 2025-03-31 08157391 frs-countries:EnglandWales 2024-04-01 2025-03-31 08157391 2023-03-31 08157391 2024-03-31 08157391 2023-04-01 2024-03-31 08157391 frs-core:CurrentFinancialInstruments 2024-03-31 08157391 frs-core:Non-currentFinancialInstruments 2024-03-31 08157391 frs-core:ShareCapital 2024-03-31 08157391 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08157391 frs-core:CurrentFinancialInstruments 1 2024-03-31 08157391 frs-core:Non-currentFinancialInstruments 1 2024-03-31
Registered number: 08157391
Surrey Orthodontics (Godalming) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Surrey Orthodontics (Godalming) Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Surrey Orthodontics (Godalming) Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 08157391

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | - |  | 43,250
Tangible Assets | 5 |  | 480,000 |  | 530,000
|  |  | 480,000 |  | 573,250
CURRENT ASSETS
Stocks | 6 | 120,000 |  | 50,000 |
Debtors | 7 | 182,889 |  | 202,117 |
Cash at bank and in hand |  | 754,367 |  | 763,261 |
|  | 1,057,256 |  | 1,015,378 |
Creditors: Amounts Falling Due Within One Year | 8 | (889,360 ) |  | (815,772 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 167,896 |  | 199,606
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 647,896 |  | 772,856
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (539,682 ) |  | (652,422 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (105,000 ) |  | (80,000 )
NET ASSETS |  |  | 3,214 |  | 40,434
CAPITAL AND RESERVES
Called up share capital | 10 |  | 1 |  | 1
Profit and Loss Account |  |  | 3,213 |  | 40,433
SHAREHOLDERS' FUNDS |  |  | 3,214 |  | 40,434

Page 1
Page 2
Surrey Orthodontics (Godalming) 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

Dr J W Young Director
1 September 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Surrey Orthodontics (Godalming) Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Surrey Orthodontics (Godalming) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08157391 . The registered office is 69 West Street, Farnham, Surrey, GU9 7EH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006
2.2. Turnover
Turnover represents net invoiced sales of services.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of businesses in 2012 and 2014, has been
amortised evenly over its estimated useful life of ten 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:

Plant & Machinery | 10% on reducing balance from 1/4/24
Motor Vehicles | 20% on reducing balance

No depreciation was provided on the equipment, fixtures and fittings in the y/e 31/3/23, mainly relating to the new surgery at Cranleigh, or the commercial vehicle, expended during the year.
2.5. Stocks and Work in Progress
Stocks and work in progress 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 and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. 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 years 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.
...CONTINUED
Page 3
Page 4
Surrey Orthodontics (Godalming) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.6. Taxation - continued
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 assets reflect 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 32 (2024: 29)
32 29
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 April 2024 | 1,894,125
As at 31 March 2025 | 1,894,125
Amortisation
As at 1 April 2024 | 1,850,875
Provided during the period | 43,250
As at 31 March 2025 | 1,894,125
Net Book Value
As at 31 March 2025 | -
As at 1 April 2024 | 43,250

Goodwill of £300,000 relates to the purchase of a private orthodontic practice at 115 High Street, Godalming,
Surrey, on 26/7/12, from Dr J W Young, which commenced trading in 2008, valued by R A Leslie & Co LLP,
Chartered Accountants.
Goodwill of £402,125 relates to the purchase of a private orthodontic practice at 69 West Street, Farnham,
Surrey, on 30/5/14, from unconnected parties.
Goodwill of £267,000 relates to the purchase of an NHS practice at 69 West Street, Farnham, Surrey, on
1/10/14, from unconnected parties.
Goodwill of £1,000,000, amended to £925,000, as agreed with HMRC, relates to the purchase of a private/NHS
practice at 69 West Street, Farnham, Surrey, on 1/10/14, from Dr J W Young, which commenced trading in
2008, valued by R A Leslie & Co LLP, Chartered Accountants.
Page 4
Page 5
Surrey Orthodontics (Godalming) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
5. Tangible Assets

| Plant & Machinery | Motor Vehicles | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 April 2024 | 765,471 | 41,069 | 806,540
Additions | 7,372 | - | 7,372
As at 31 March 2025 | 772,843 | 41,069 | 813,912
Depreciation
As at 1 April 2024 | 268,471 | 8,069 | 276,540
Provided during the period | 50,872 | 6,500 | 57,372
As at 31 March 2025 | 319,343 | 14,569 | 333,912
Net Book Value
As at 31 March 2025 | 453,500 | 26,500 | 480,000
As at 1 April 2024 | 497,000 | 33,000 | 530,000

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock and work-in-progress | 120,000 |  | 50,000

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 72,163 |  | 67,843
Prepayments and accrued income | 9,000 |  | 9,000
Corporation tax recoverable | - |  | 30,225
Director's loan account | 101,726 |  | 95,049
| 182,889 |  | 202,117

Page 5
Page 6
Surrey Orthodontics (Godalming) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 55,000 |  | 52,500
Corporation tax | 108,634 |  | -
Other taxes and social security | 17,495 |  | 15,100
Sundry creditors and accruals | 658,231 |  | 705,287
Hire purchase liabilities | 50,000 |  | 42,885
| 889,360 |  | 815,772

The sundry creditors and accruals include £353,553 (2024 £524,499) relating to amounts accrued to the associates, to complete treatment plans where the company has received the income in advance.
9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 423,462 |  | 478,537
Hire purchase liabilities - more than one year | 116,220 |  | 173,885
| 539,682 |  | 652,422

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

11. 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
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Dr Julian Young | 95,049 | 101,677 | 95,000 | - | 101,726

The above loan is unsecured, interest free and repayable on demand.
12. Related Party Transactions
The company is under the control of Dr J W Young. At the year end Dr Young owed the company £101,726 which will be repaid in full by 31/12/25 (2024: £95,049).
Rent was paid to Dr J W Young of £34,500 (2024: £34,500) relating to a property that he acquired at 69 West
Street, Farnham, Surrey, and the company occupies, charged at normal market rates.
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