Company Registration No. 07362973 (England and Wales)
Perfect 32 Healthcare Limited
Unaudited accounts
for the year ended 5 April 2025
Perfect 32 Healthcare Limited
Unaudited accounts
Contents
Perfect 32 Healthcare Limited
Company Information
for the year ended 5 April 2025
Company Number
07362973 (England and Wales)
Registered Office
High Lock Dental Practice
98a Bridge Street
Deeping St James
Peterborough
Lincs
PE6 8HA
England
Accountants
Infinity Accounting Ltd
Eventus Sunderland Road
Market Deeping
Peterborough
PE6 8FD
Perfect 32 Healthcare Limited
Statement of financial position
as at 5 April 2025
Intangible assets
110,236
124,015
Tangible assets
1,504,501
1,401,511
Cash at bank and in hand
127,705
22,265
Creditors: amounts falling due within one year
(218,781)
(481,968)
Net current assets
812,083
424,063
Total assets less current liabilities
2,426,820
1,949,589
Creditors: amounts falling due after more than one year
(1,135,725)
(727,179)
Provisions for liabilities
Deferred tax
(97,512)
(85,694)
Net assets
1,193,583
1,136,716
Called up share capital
1,000
1,000
Profit and loss account
1,192,583
1,135,716
Shareholders' funds
1,193,583
1,136,716
For the year ending 5 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 December 2025 and were signed on its behalf by
E C S Khela
Director
Company Registration No. 07362973
Perfect 32 Healthcare Limited
Notes to the Accounts
for the year ended 5 April 2025
Perfect 32 Healthcare Limited is a private company, limited by shares, registered in England and Wales, registration number 07362973. The registered office is High Lock Dental Practice, 98a Bridge Street, Deeping St James, Peterborough, Lincs, PE6 8HA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents net invoiced sales of goods and services. Revenue is recognised when the goods or services are supplied.
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% straight line on buildings
Fixtures & fittings
15% reducing balance or 5% on cost
Computer equipment
25% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Perfect 32 Healthcare Limited
Notes to the Accounts
for the year ended 5 April 2025
The company has chosen to adopt the FRS 102 1A in respect of financial instruments.
Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of future receipts discounted at a market rate of interest.
At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 substantially enacted by the statement of financial position date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Perfect 32 Healthcare Limited
Notes to the Accounts
for the year ended 5 April 2025
4
Intangible fixed assets
Goodwill
Charge for the year
13,779
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 6 April 2024
1,060,181
435,340
33,361
1,528,882
Additions
95,584
48,300
9,736
153,620
At 5 April 2025
1,155,765
483,640
43,097
1,682,502
At 6 April 2024
-
107,808
19,563
127,371
Charge for the year
24,063
22,303
4,264
50,630
At 5 April 2025
24,063
130,111
23,827
178,001
At 5 April 2025
1,131,702
353,529
19,270
1,504,501
At 5 April 2024
1,060,181
327,532
13,798
1,401,511
Amounts falling due within one year
Accrued income and prepayments
17,314
5,063
Other debtors
877,095
869,953
Perfect 32 Healthcare Limited
Notes to the Accounts
for the year ended 5 April 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
48,164
258,455
Taxes and social security
14,268
8,337
Other creditors
23,642
109,613
Loans from directors
98,546
87,495
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
1,135,725
727,179
The bank loans are secured by a fixed and floating charge over the assets of the company, a legal charge on the company's freehold property and guarantees given by third parties.
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
10
Average number of employees
During the year the average number of employees was 16 (2024: 21).