Registration number: 07496026

Middlewich Street Dental Practice Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 7

Middlewich Street Dental Practice Ltd

(Registration number: 07496026)
Balance Sheet as at 31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	441,317	469,464
Current assets
Stocks	6	6,000	6,000
Cash at bank and in hand		4,222	43,597
		10,222	49,597
Creditors: Amounts falling due within one year	8	(258,659)	(321,844)
Net current liabilities		(248,437)	(272,247)
Total assets less current liabilities		192,880	197,217
Creditors: Amounts falling due after more than one year	8	(34,969)	(68,702)
Provisions for liabilities		(25,026)	(31,727)
Net assets		132,885	96,788
Capital and reserves
Called up share capital		200	200
Retained earnings		132,685	96,588
Shareholders' funds		132,885	96,788

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 5 December 2025 and signed on its behalf by:
 

......................................... Dr S Hall Director

Middlewich Street Dental Practice Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
50-52 Middlewich Street
Crewe
Cheshire
CW1 4DA

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Middlewich Street Dental Practice Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and equipment	25% reducing balance
Fixtures and fittings	25% reducing balance
Computers	25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Middlewich Street Dental Practice Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 9 (2024 - 9).

Middlewich Street Dental Practice Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 August 2024	260,000	260,000
At 31 July 2025	260,000	260,000
Amortisation
At 1 August 2024	260,000	260,000
At 31 July 2025	260,000	260,000
Carrying amount
At 31 July 2025	-	-

5	Tangible assets

	Land and buildings £	Fixtures & fittings and computers £	Plant and equipment £	Total £
Cost or valuation
At 1 August 2024	346,344	154,246	228,413	729,003
Additions	-	5,032	772	5,804
At 31 July 2025	346,344	159,278	229,185	734,807
Depreciation
At 1 August 2024	3,790	100,337	155,412	259,539
Charge for the year	1,343	14,325	18,283	33,951
At 31 July 2025	5,133	114,662	173,695	293,490
Carrying amount
At 31 July 2025	341,211	44,616	55,490	441,317
At 31 July 2024	342,554	53,909	73,001	469,464

Included within the net book value of land and buildings above is £341,211 (2024 - £342,554) in respect of freehold land and buildings.
 

Middlewich Street Dental Practice Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

6

Stocks

	2025 £	2024 £
Work in progress	1,500	1,500
Other inventories	4,500	4,500
	6,000	6,000

7

Debtors

Current	2025 £	2024 £
	-	-

Middlewich Street Dental Practice Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		33,606	34,650
Trade creditors		1,843	22,364
Amounts owed to group undertakings		155,586	168,888
Taxation and social security		47,839	75,969
Accruals and deferred income		1,088	4,149
Other creditors		18,697	15,824
		258,659	321,844