KP Dental Practice Limited 31/03/2025 iXBRL

Company registration number: 07586847

KP Dental Practice Limited

Trading as Advanced Dental Aesthetics

Unaudited filleted financial statements

31 March 2025

KP Dental Practice Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

KP Dental Practice Limited

Directors and other information


	Director	Dr K Sivagurunathan


	Secretary	Mr K Sivagurunathan


	Company number	07586847


	Registered office	23 Mymms Drive
		Brookmans Park
		Hatfield
		Herts
		AL9 7AE


	Business address	1 Drewsteignton Road
		Shoeburyness
		Southend on Sea
		Essex
		SS3 8BA


	Accountants	D K Kumar
		117 Hanworth Road
		Hampton
		Middlesex
		TW12 3EA




	Bankers	Santander
		Santander House
		3rd Floor
		100 Ludgate Hill
		London

KP Dental Practice Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	57,618		40,425
		_______		_______
			57,618		40,425

Current assets
Stocks		15,362		14,624
Debtors	6	881,460		729,734
Cash at bank and in hand		331,095		383,903
		_______		_______
		1,227,917		1,128,261
Creditors: amounts falling due
within one year	7	( 173,178)		( 236,410)
		_______		_______
Net current assets			1,054,739		891,851
			_______		_______
Total assets less current liabilities			1,112,357		932,276

Creditors: amounts falling due
after more than one year	8		( 2,917)		( 13,566)
			_______		_______
Net assets			1,109,440		918,710
			_______		_______

Capital and reserves
Called up share capital			75		75
Profit and loss account			1,109,365		918,635
			_______		_______
Shareholder funds			1,109,440		918,710
			_______		_______

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 24 December 2025 , and are signed on behalf of the board by:

Dr K Sivagurunathan

Director

Company registration number: 07586847

KP Dental Practice Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 23 Mymms Drive, Brookmans Park, Hatfield, Herts, AL9 7AE.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	20 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 9 (2024: 7 ).

5. Tangible assets

	Plant and machinery	Total
	£	£
Cost
At 1 April 2024	169,861	169,861
Additions	31,598	31,598
	_______	_______
At 31 March 2025	201,459	201,459
	_______	_______
Depreciation
At 1 April 2024	129,436	129,436
Charge for the year	14,405	14,405
	_______	_______
At 31 March 2025	143,841	143,841
	_______	_______
Carrying amount
At 31 March 2025	57,618	57,618
	_______	_______

At 31 March 2024	40,425	40,425
	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	38,026	29,589
Other debtors	843,434	700,145
	_______	_______
	881,460	729,734
	_______	_______

As disclosed in the related party notes to the accounts, a loan balance of £801,593 (2024: £697,649) was outstanding from KPS Property Holdings Ltd.

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	9,689	17,295
Trade creditors	70,885	87,656
Corporation tax	60,063	95,761
Social security and other taxes	2,711	6,998
Other creditors	29,830	28,700
	_______	_______
	173,178	236,410
	_______	_______

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

	2025	2024
	£	£
Bank loans and overdrafts	2,917	13,566
	_______	_______

Terms of repayment or interest is not agreed on the unsecured directors loan.

The company received the Bounce Back loan of £50,000, for the term of six years from draw down and at a fixed interest of 2.5%.The loan is secured under the terms of UK government Bounce Back Loan guarantee scheme and the first year interest is paid by UK government.

9. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
KPS Property Holdings Ltd	103,944	222,649	801,593	697,649
	_______	_______	_______	_______

Terms of repayment or interest is not agreed on the above loan to KPS Property Holdings Ltd, a company controlled by the director and her spouse.

10. Controlling party

Dr K Sivagurunathan Controls entire issued share capital of the company.