STRICTLY DENTAL PRACTICE LTD


Director	Dr Satya Patel


Registered Address	Beck House
	Watson Terrace
	Penrith
	CA11 7ND


Registered Number	07297682 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		75,000		90,000
Tangible assets	4		343,847		350,338
			418,847		440,338
Current assets
Stocks	5	28,885		27,455
Debtors	6	346,810		351,699
Cash at bank and on hand		389,551		435,706
		765,246		814,860
Creditors amounts falling due within one year	7	(177,701)		(277,101)
Net current assets (liabilities)			587,545		537,759
Total assets less current liabilities			1,006,392		978,097
Creditors amounts falling due after one year	8		(39,688)		(54,676)
Provisions for liabilities	9		(42,634)		(33,635)
Net assets			924,070		889,786
Capital and reserves
Called up share capital			1		1
Profit and loss account			924,069		889,785
Shareholders' funds			924,070		889,786

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 23 December 2025, and are signed on its behalf by:

Dr Satya Patel
Director
Registered Company No. 07297682

STRICTLY DENTAL PRACTICE LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

Going concern

The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine.  All these matters have impacted the company's trading results to a greater or lesser extent.  At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

	Revenue from sale of goods
	The revenue shown in the profit and loss account represents income receivable from dental treatments carried out during the period. Revenue in respect of dental treatment uncompleted at the year-end date is recognised by reference to the stage of completion.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Current taxation
	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
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of the asset as follows: Goodwill - 10% straight line If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	17		16

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 24	602,312	602,312
At 31 March 25	602,312	602,312
Amortisation and impairment
At 01 April 24	512,312	512,312
Charge for year	15,000	15,000
At 31 March 25	527,312	527,312
Net book value
At 31 March 25	75,000	75,000
At 31 March 24	90,000	90,000

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 24	173,311	403,769	56,307	36,555	669,942
Additions	-	37,444	398	13,114	50,956
Disposals	-	(11,740)	(1,310)	-	(13,050)
At 31 March 25	173,311	429,473	55,395	49,669	707,848
Depreciation and impairment
At 01 April 24	-	253,571	41,824	24,209	319,604
Charge for year	-	46,795	3,686	6,363	56,844
On disposals	-	(11,274)	(1,173)	-	(12,447)
At 31 March 25	-	289,092	44,337	30,572	364,001
Net book value
At 31 March 25	173,311	140,381	11,058	19,097	343,847
At 31 March 24	173,311	150,198	14,483	12,346	350,338

5.	Stocks

	2025	2024
	£	£
Raw materials and consumables	28,885	27,455
Total	28,885	27,455

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	4,849	9,809
Amounts owed by group undertakings	38,150	38,150
Other debtors	301,537	301,324
Prepayments and accrued income	2,274	2,416
Total	346,810	351,699

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	90,850	147,021
Bank borrowings and overdrafts	12,721	12,473
Taxation and social security	63,703	90,832
Other creditors	186	14,056
Accrued liabilities and deferred income	10,241	12,719
Total	177,701	277,101


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	39,688	54,676
Total	39,688	54,676

9.	Provisions for liabilities

	2025	2024
	£	£
Other provisions	42,634	33,635
Total	42,634	33,635

10.	Related party transactions
	During the year the Director loaned the Company £185.77 (2024: £14,055.92). This loan was repayable upon demand. Interest was paid on this amount by the company in line with the Bank of England base rate.