REGISTERED NUMBER: 10765537 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Great Central Dental Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr S Sandhu

Mrs C J Sandhu

REGISTERED OFFICE:

3 Colwick Quays

Business Park

Colwick

Nottingham

Nottinghamshire

NG4 2JY

REGISTERED NUMBER:

10765537 (England and Wales)

ACCOUNTANTS:

D. K. Rumsby & Co Limited

3 Colwick Quays

Colwick

Nottingham

Nottinghamshire

NG4 2JY

FIXED ASSETS

Intangible assets

4

512,000

514,000

Tangible assets

5

2,282

1,658

514,282

515,658

CURRENT ASSETS

Stocks

6,791

4,750

Debtors

6

6,278

11,099

Cash at bank and in hand

120

3,192

13,189

19,041

CREDITORS

Amounts falling due within one year

7

(87,586

)

(84,719

)

NET CURRENT LIABILITIES

(74,397

)

(65,678

)

TOTAL ASSETS LESS CURRENT LIABILITIES

439,885

449,980

CREDITORS

Amounts falling due after more than one year

8

(806

)

(17,542

)

PROVISIONS FOR LIABILITIES

(220

)

(14

)

NET ASSETS

438,859

432,424

CAPITAL AND RESERVES

Called up share capital

9

100

100

Revaluation reserve

392,000

394,000

Retained earnings

46,759

38,324

SHAREHOLDERS' FUNDS

438,859

432,424

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 directors acknowledge their 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by:

Dr S Sandhu - Director

1.	STATUTORY INFORMATION

Great Central Dental 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates.

Goodwill

Goodwill comprises the amount paid in connection with the incorporation of a business in 2018. The directors consider the value of goodwill to now be in excess of the amount paid and it has subsequently been re-valued at 31 March 2025 to an amount deemed appropriate by the directors with no amortisation. This value will be assessed by the directors on an annual basis and any change in the net book value will be adjusted accordingly.

This policy represents a departure from statutory accounting principles, which require amortisation to be provided on all intangible assets. By making the departure, the directors consider the financial statements give a true and fair view.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Dental equipment

-

25% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% 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.

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 8 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST OR VALUATION

At 1 April 2024

514,000

Revaluations

(2,000

)

At 31 March 2025

512,000

NET BOOK VALUE

At 31 March 2025

512,000

At 31 March 2024

514,000

Cost or valuation at 31 March 2025 is represented by:

Goodwill

£

Valuation in 2019

277,000

Valuation in 2021

(37,000

)

Valuation in 2022

88,000

Valuation in 2023

90,000

Valuation in 2024

(24,000

)

Valuation in 2025

(2,000

)

Cost

120,000

512,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Dental

and

Computer

equipment

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

28,170

9,441

3,577

41,188

Additions

-

336

1,428

1,764

At 31 March 2025

28,170

9,777

5,005

42,952

DEPRECIATION

At 1 April 2024

28,170

7,950

3,410

39,530

Charge for year

-

581

559

1,140

At 31 March 2025

28,170

8,531

3,969

40,670

NET BOOK VALUE

At 31 March 2025

-

1,246

1,036

2,282

At 31 March 2024

-

1,491

167

1,658

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

6,278

9,599

Other debtors

-

1,500

6,278

11,099

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Finance loans

21,381

22,652

Trade creditors

6,999

4,207

Taxation and social security

45,484

43,288

Other creditors

13,722

14,572

87,586

84,719

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Finance loans

806

17,542

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100