James Critchley Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06990741 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

JAMES CRITCHLEY LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

DIRECTORS:

Mr J S Critchley BDS (Wales)

Mrs D L Critchley

SECRETARY:

Mrs D L Critchley

REGISTERED OFFICE:

Studio 2

6 Pittville Lawn

Cheltenham

Gloucestershire

GL52 2BD

REGISTERED NUMBER:

06990741 (England and Wales)

ACCOUNTANTS:

Mitchell Glanville Limited

2nd Floor

Cumberland House

Oriel Road

Cheltenham

Gloucestershire

GL50 1BB

FIXED ASSETS

Tangible assets

4

87,902

98,821

CURRENT ASSETS

Debtors

5

51,757

54,466

Cash at bank

4,441

14,748

56,198

69,214

CREDITORS

Amounts falling due within one year

6

129,051

132,125

NET CURRENT LIABILITIES

(72,853

)

(62,911

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

15,049

35,910

CREDITORS

Amounts falling due after more than one year

7

(3,067

)

(21,467

)

PROVISIONS FOR LIABILITIES

(11,657

)

(14,351

)

NET ASSETS

325

92

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

323

90

SHAREHOLDERS' FUNDS

325

92

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.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 December 2025 and were signed on its behalf by:

Mr J S Critchley BDS (Wales) - Director

1.	STATUTORY INFORMATION

James Critchley 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 comprises fees receivable for dental services provided.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

COST

At 1 April 2024

40,622

145,319

23,866

10,639

220,446

Additions

-

5,245

-

273

5,518

At 31 March 2025

40,622

150,564

23,866

10,912

225,964

DEPRECIATION

At 1 April 2024

-

92,167

21,280

8,178

121,625

Charge for year

-

14,582

647

1,208

16,437

At 31 March 2025

-

106,749

21,927

9,386

138,062

NET BOOK VALUE

At 31 March 2025

40,622

43,815

1,939

1,526

87,902

At 31 March 2024

40,622

53,152

2,586

2,461

98,821

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

9,808

6,798

Amounts owed by participating interests

29,723

30,628

Directors' current accounts

9,199

6,216

Tax

3,027

10,824

51,757

54,466

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

18,965

19,432

Trade creditors

819

2,695

Amounts owed to participating interests

46,599

Tax

58,206

63,399

Accrued expenses

4,462

-

129,051

132,125

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans - 1-2 years

3,067

18,400

Bank loans - 2-5 years

-

3,067

21,467

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following loan was made from the director to the company directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

Mr J S Critchley BDS (Wales) and Mrs D L Critchley

Balance outstanding at start of year

6,216

27,806

Amounts advanced

223,529

242,097

Amounts repaid

(220,546

)

(263,687

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

9,199

6,216

The above loan is repayable on demand and interest is charged at the office HMRC rate.

9.	RELATED PARTY DISCLOSURES

Included in other creditors at the balance sheet date, is an amount of £46,599 (2024 - £46,599) owed to businesses that the directors have financial interest in.

All transactions have been at arms length and the amount is repayable on demand.

10.

CHARGES

The Royal Bank of Scotland hold a fixed and floating charge over the assets in the company.