REGISTERED NUMBER: 10020005 (England and Wales)

DENTAL AT MEDIACITYUK LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Dr D Vakil

REGISTERED OFFICE:

15a Chester Road

Poynton

Stockport

SK12 1EU

REGISTERED NUMBER:

10020005 (England and Wales)

ACCOUNTANT:

Clear Vision Accountancy Limited

1 Abacus House

Newlands Road

Corsham

Wiltshire

SN13 0BH

FIXED ASSETS

Intangible assets

4

528,166

576,182

Tangible assets

5

275,348

342,536

803,514

918,718

CURRENT ASSETS

Stocks

19,789

28,349

Debtors

6

949,365

609,071

Investments

7

140,000

-

Cash at bank

464,990

604,083

1,574,144

1,241,503

CREDITORS

Amounts falling due within one year

8

442,473

310,888

NET CURRENT ASSETS

1,131,671

930,615

TOTAL ASSETS LESS CURRENT LIABILITIES

1,935,185

1,849,333

PROVISIONS FOR LIABILITIES

68,837

85,634

NET ASSETS

1,866,348

1,763,699

CAPITAL AND RESERVES

Called up share capital

1,121,728

1,121,728

Retained earnings

744,620

641,971

1,866,348

1,763,699

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 23 December 2025 and were signed by:

Dr D Vakil - Director

1.	STATUTORY INFORMATION

Dental at MediaCityUK 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.

Where payment is received in advance of treatment, revenue is recognised over the following 9 (6 - 2024) month period on a straight line basis.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of twenty years.

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, 25% on cost, 20% on reducing balance, 15% on reducing balance and 4% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial assets are measured at cost or amortised cost and shall be assessed for impairment at the end of each reporting period.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

The director has assessed whether the company is a going concern and has considered all available information about the future and is confident of the company's ability to continue as a going concern.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

960,302

AMORTISATION

At 1 April 2024

384,120

Charge for year

48,016

At 31 March 2025

432,136

NET BOOK VALUE

At 31 March 2025

528,166

At 31 March 2024

576,182

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

625,048

Additions

43,412

Disposals

(100,784

)

At 31 March 2025

567,676

DEPRECIATION

At 1 April 2024

282,512

Charge for year

60,208

Eliminated on disposal

(50,392

)

At 31 March 2025

292,328

NET BOOK VALUE

At 31 March 2025

275,348

At 31 March 2024

342,536

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Amounts owed by group undertakings

354,167

535,719

Amounts owed by associates

546,020

-

Other debtors

49,178

73,352

949,365

609,071

7.	CURRENT ASSET INVESTMENTS

31/3/25

31/3/24

£

£

Other

140,000

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

4,499

1,309

Taxation and social security

109,865

120,406

Other creditors

328,109

189,173

442,473

310,888

9.	DIRECTORS' 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

£

£

Dr D Vakil

Balance outstanding at start of year

43,881

(17,863

)

Amounts advanced

-

88,656

Amounts repaid

(22,153

)

(26,912

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

21,728

43,881

Beneficial loan interest is accruing at HMRC's official rate on any applicable loans.

The above balance is included within Debtors.

10.	RELATED PARTY DISCLOSURES

During the year there was a change of ownership. The company is now owned by a holding company, YOR Holdings Ltd.

Included in debtors is an amount owing to YOR Holdings Ltd of £354,167.

Included in debtors is an amount owing to HDNV Ltd, an associated company which is owned by Dr D Vakil and Dr H Panchal. The balance at the year end is £120,230.

Included in debtors is an amount owing to Jaiambe Property Ltd, an associated company which is owned by Dr D Vakil and Dr H Panchal. The balance at the year end if £425,790.

The controlling party is YOR Holdings Ltd.

The ultimate controlling party is Dr D Vakil.