REGISTERED NUMBER: 06545346 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Wensum Dental Practice Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

Mrs T L Kleinhans

SECRETARY:

Mr L Conradie

REGISTERED OFFICE:

Suite 1

Concept House

23 Billet Lane

Hornchurch

Essex

RM11 1XP

REGISTERED NUMBER:

06545346 (England and Wales)

ACCOUNTANTS:

Havard & Associates

Suite 1

Concept House

23 Billet Lane

Hornchurch

Essex

RM11 1XP

FIXED ASSETS

Intangible assets

4

201,601

231,183

Tangible assets

5

206,991

216,016

408,592

447,199

CURRENT ASSETS

Stocks

7,500

2,000

Debtors

6

646,992

539,259

Cash at bank

8,049

92,579

662,541

633,838

CREDITORS

Amounts falling due within one year

7

767,062

756,868

NET CURRENT LIABILITIES

(104,521

)

(123,030

)

TOTAL ASSETS LESS CURRENT LIABILITIES

304,071

324,169

PROVISIONS FOR LIABILITIES

19,823

20,843

NET ASSETS

284,248

303,326

CAPITAL AND RESERVES

Called up share capital

8

2

2

Share premium

157,998

157,998

Retained earnings

126,248

145,326

SHAREHOLDERS' FUNDS

284,248

303,326

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 director acknowledges her 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 director and authorised for issue on 17 December 2025 and were signed by:

Mrs T L Kleinhans - Director

1.	STATUTORY INFORMATION

Wensum Dental Practice 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill of £198,000 was purchased from the company's director on commencement of trading on 1st April 2008, having previously been acquired by the director, in her then capacity as a sole trader from an unrelated third party on 3rd April 2006. Goodwill is amortised over 15 years using the straight line method.

Further goodwill of £245,740 was gifted to the company by the director on 30th September 2021 having previously been purchased by the director, in her then capacity as a sole trader from an unrelated third party on 01/04/2018. Goodwill is amortised over 15 years using the straight line method.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

33% on cost and 20% on reducing balance

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

443,740

AMORTISATION

At 1 April 2024

212,557

Charge for year

29,582

At 31 March 2025

242,139

NET BOOK VALUE

At 31 March 2025

201,601

At 31 March 2024

231,183

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

155,000

129,571

284,571

Additions

-

4,260

4,260

At 31 March 2025

155,000

133,831

288,831

DEPRECIATION

At 1 April 2024

-

68,555

68,555

Charge for year

-

13,285

13,285

At 31 March 2025

-

81,840

81,840

NET BOOK VALUE

At 31 March 2025

155,000

51,991

206,991

At 31 March 2024

155,000

61,016

216,016

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

5,000

10,000

Other debtors

641,992

529,259

646,992

539,259

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

126,036

142,144

Trade creditors

6,095

6,664

Taxation and social security

96,111

133,369

Other creditors

538,820

474,691

767,062

756,868

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary

£1

2

2

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mrs T L Kleinhans

Balance outstanding at start of year

226,696

176,094

Amounts advanced

134,468

138,891

Amounts repaid

(88,891

)

(88,289

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

272,273

226,696

Loans identical to that above were advanced to another shareholder Mr L Conradie. Interest was charged on the above loans at 2.5%.