LEAGRAVE CLINIC LIMITED


Directors	HASSAN, Puja Sana
	HASSAN, Riaz
	HASSAN, Tanya


Registered Address	Fulford Lodge 1 Heslington Lane
	Fulford
	York
	YO10 4HW


Registered Number	08661326 (England and Wales)

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	In March 2020 the UK was impacted by the outbreak of Covid-19. The Government imposed significant restrictions at that time in an effort to manage the spread of the virus which resulted in the company having to review and change its working practices to ensure compliance with these restrictions. More latterly, the UK economy has been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

Going concern

In March 2020 the UK was impacted by the outbreak of Covid-19.  The Government imposed significant restrictions at that time in an effort to manage the spread of the virus which resulted in the company having to review and change its working practices to ensure compliance with these restrictions.  More latterly, the UK economy has been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine.  All these matters have impacted the company's trading results to a greater or lesser extent.  At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future.  On this basis, the directors have prepared these financial statements on a going concern basis.

	Turnover policy
	The revenue shown in the profit and loss account represents income receivable from dental treatments carried out during the period. Revenue in respect of dental treatment uncompleted at the year end date is recognised by reference to the stage of completion.

	Revenue from sale of goods
	The revenue shown in the profit and loss account represents income receivable from dental treatments carried out during the period. Revenue in respect of dental treatment uncompleted at the year end date is recognised by reference to the state of completion.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Intangible assets

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	20
	Fixtures and fittings	20
	Office Equipment	20

	Investments
	Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	25		21

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 24	320,533	320,533
At 31 March 25	320,533	320,533
Amortisation and impairment
At 01 April 24	256,425	256,425
Charge for year	32,052	32,052
At 31 March 25	288,477	288,477
Net book value
At 31 March 25	32,056	32,056
At 31 March 24	64,108	64,108

4.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	394,472	62,493	50,713	507,678
Additions	26,794	527	7,528	34,849
At 31 March 25	421,266	63,020	58,241	542,527
Depreciation and impairment
At 01 April 24	285,829	40,057	31,586	357,472
Charge for year	27,088	4,593	5,331	37,012
At 31 March 25	312,917	44,650	36,917	394,484
Net book value
At 31 March 25	108,349	18,370	21,324	148,043
At 31 March 24	108,643	22,436	19,127	150,206

5.	Fixed asset investments

	Other investments¹	Total
	£	£
Cost or valuation
At 01 April 24	10,206	10,206
Additions	4,833	4,833
At 31 March 25	15,039	15,039
Net book value
At 31 March 25	15,039	15,039
At 31 March 24	10,206	10,206

	Notes
	¹Other investments other than loans

6.	Stocks

	2025	2024
	£	£
Raw materials and consumables	15,500	5,208
Total	15,500	5,208

7.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	104,349	118,485
Amounts owed by group undertakings	206,209	178,533
Other debtors	38,403	34,233
Prepayments and accrued income	-	1,379
Total	348,961	332,630

8.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	48,125	3,255
Bank borrowings and overdrafts	21,022	13,586
Amounts owed to related parties	111,325	127,988
Taxation and social security	125,156	131,328
Finance lease and HP contracts	16,500	9,192
Other creditors	9,436	6,239
Accrued liabilities and deferred income	10,135	-
Total	341,699	291,588


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

9.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	2,025	12,475
Other creditors	21,171	14,035
Total	23,196	26,510

10.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	37,672		23,227

11.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	36,264	27,847
Total	36,264	27,847

12.	Related party transactions
	The company has taken advantage of the exemptions provided in FRS 102 from reporting transactions between wholly owned members of the group.

13.	Controlling party
	The company was under the control of Prudent Clinic limited, the ultimate holding company registered in England and Wales.

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		32,056		64,108
Tangible assets	4		148,043		150,206
Investments	5		15,039		10,206
			195,138		224,520
Current assets
Stocks	6	15,500		5,208
Debtors	7	348,961		332,630
Cash at bank and on hand		51,510		-
		415,971		337,838
Creditors amounts falling due within one year	8	(341,699)		(291,588)
Net current assets (liabilities)			74,272		46,250
Total assets less current liabilities			269,410		270,770
Creditors amounts falling due after one year	9		(23,196)		(26,510)
Provisions for liabilities	11		(36,264)		(27,847)
Net assets			209,950		216,413
Capital and reserves
Called up share capital			2		2
Profit and loss account			209,948		216,411
Shareholders' funds			209,950		216,413