ACCOUNTS - Final Accounts preparation

Registered number: 14651046

Alnwick Dental Partnership Limited

Financial statements

Information for filing with the registrar

31 March 2025


Alnwick Dental Partnership Limited

Balance sheet

At 31 March 2025

		2025		2024
		£		£

Fixed assets
Intangible assets	4		573,713		-
Tangible assets	5		301,242		-
			874,955		-
Current assets
Stock		8,401		-
Debtors	6	19,648		-
Cash at bank and in hand		67,263		100
		95,312		100
Creditors: amounts falling due within one year	7	(92,797)		-
Net current assets			2,515		100
Total assets less current liabilities			877,470		100
Creditors: amounts falling due after more than one year	8		(771,043)		-
Provisions for liabilities
Deferred tax		(12,016)		-
			(12,016)		-
Net assets			94,411		100

Capital and reserves
Called up share capital	100	100
Profit and loss account	94,311	-
Shareholders' funds	94,411	100


Alnwick Dental Partnership Limited

Balance sheet (continued)

At 31 March 2025

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 December 2025.

M Shilling	A Flint
Director	Director

Company registered number: 14651046
The notes on pages 3 to 6 form part of these financial statements.


Alnwick Dental Partnership Limited

Notes to the financial statements

Year ended 31 March 2025

1.	General information

Alnwick Dental Partnership Limited ("the company") is a private company limited by shares, incorporated in the United Kingdom and registered in England. The address of the registered office is Citygate, St James' Boulevard, Newcastle upon Tyne, Tyne and Wear, NE1 4JE.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared in accordance with Section 1A of Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic
of Ireland' (FRS 102) and the Companies Act 2006.
The following principal accounting policies have been applied:

2.2

Revenue

The turnover shown in the profit and loss account represents dental fee income receivable during the period.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.5

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Profit and loss account over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

The estimated useful lives range as follows:

Goodwill

years


Alnwick Dental Partnership Limited

Notes to the financial statements

Year ended 31 March 2025

2.Accounting policies (continued)

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property	-	2%	straight line
Plant and machinery	-	25%	reducing balance
Fixtures and fittings	-	15%	reducing balance
Computer equipment	-	33%	straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

3.	Employees
	The average number of employees during the year, including directors, was 10 (2024: 3).


Alnwick Dental Partnership Limited

Notes to the financial statements

Year ended 31 March 2025

4.	Intangible assets

		Goodwill
		£
	Cost
	Additions	625,869
	At 31 March 2025	625,869
	Amortisation
	Charge for the year	52,156
	At 31 March 2025	52,156
	Net book value
	At 31 March 2025	573,713
	At 31 March 2024	-

5.	Tangible fixed assets

	Freehold property	Plant and machinery	Fixtures and fittings	Computer equipment	Total
	£	£	£	£	£
Cost
Additions	257,250	58,436	412	600	316,698
At 31 March 2025	257,250	58,436	412	600	316,698
Depreciation
Charge for the year	4,288	11,009	27	132	15,456
At 31 March 2025	4,288	11,009	27	132	15,456
Net book value
At 31 March 2025	252,962	47,427	385	468	301,242
At 31 March 2024	-	-	-	-	-


Alnwick Dental Partnership Limited

Notes to the financial statements

Year ended 31 March 2025

Debtors

					2025	2024
					£	£


Other debtors	17,769	-
Prepayments	1,879	-
	19,648	-

7.	Creditors: amounts falling due within one year
		2025	2024
		£	£

Bank loans	19,479	-
Trade creditors	18,802	-
Corporation tax	36,177	-
Other taxation and social security	1,926	-
Obligations under finance lease and hire purchase contracts	1,803	-
Other creditors	9,870	-
Accruals and deferred income	4,740	-
	92,797	-

8.	Creditors: amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	771,043	-
	771,043	-