DENTISTRY 19 LTD


Directors	Odette Agnes,Lazarus
	Bertrand Wilfrid Dominic, Napier


Company Secretary	Bertrand Wilfrid Dominic, Napier


Registered Address	19 Bell Street
	Sawbridgeworth
	CM21 9AR


Registered Number	08466583 (England and Wales)

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 08466583 and registered office address is 19 Bell Street, Sawbridgeworth, Hertfordshire, CM21 9AR.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

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

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Judgements and key sources of estimation uncertainty
	In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from rendering of services
	Revenue from the rendering of dental services is recognised by reference to the stage of completion at the reporting date. This is typically determined based on the date the service is performed. For longer-term treatment plans, revenue is recognised based on the proportion of services delivered up to the reporting date, where the outcome can be reliably estimated. Where the outcome of a course of treatment cannot be estimated reliably, revenue is recognised only to the extent that the expenses incurred are recoverable. As the company is not registered for VAT, revenue is stated inclusive of any VAT charged to patients.

Revenue from rendering of services

Revenue from the rendering of dental services is recognised by reference to the stage of completion at the reporting date. This is typically determined based on the date the service is performed. For longer-term treatment plans, revenue is recognised based on the proportion of services delivered up to the reporting date, where the outcome can be reliably estimated.

Where the outcome of a course of treatment cannot be estimated reliably, revenue is recognised only to the extent that the expenses incurred are recoverable. As the company is not registered for VAT, revenue is stated inclusive of any VAT charged to patients.

	Interest income
	Interest income is recognised using the effective interest rate method.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	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
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	4
	Fixtures and fittings	4
	Office Equipment	4

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	At the year end, the stock has been valued at the lower of cost and net realisable value. The stock consists primarily of dental consumables and materials used in the ordinary course of business. A physical stock take was conducted by the owner of the practice, and the valuation provided is considered to be a true and fair representation of the stock held at the balance sheet date.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

	Financial instruments
	A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment.

Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. 

	Share capital
	Authorised share capital: The company has authorised ordinary shares as follows : Ordinary Shares: 4 @ £1 each. As of 31 March 2025, the total ordinary share capital remains at £4, consistent with the previous year.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	8		9

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 24	564,386	564,386
At 31 March 25	564,386	564,386
Amortisation and impairment
At 01 April 24	338,631	338,631
Charge for year	56,438	56,438
At 31 March 25	395,069	395,069
Net book value
At 31 March 25	169,317	169,317
At 31 March 24	225,755	225,755

4.	Useful life of intangible assets
	Goodwill is amortised on a straight-line basis over its estimated useful economic life of 10 years.

5.	Impairment of intangible assets
	The company reviews the carrying amounts of its intangible assets for indicators of impairment. No indicators of impairment were identified, and accordingly, no impairment loss has been recognised in the current year.

6.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	212,836	36,612	26,448	275,896
Additions	11,900	3,606	-	15,506
At 31 March 25	224,736	40,218	26,448	291,402
Depreciation and impairment
At 01 April 24	164,807	30,960	23,850	219,617
Charge for year	18,334	2,530	788	21,652
At 31 March 25	183,141	33,490	24,638	241,269
Net book value
At 31 March 25	41,595	6,728	1,810	50,133
At 31 March 24	48,029	5,652	2,598	56,279

7.	Impairment of tangible fixed assets
	At each reporting date, the company assesses whether there is any indication that tangible fixed assets may be impaired. If such indication exists, the recoverable amount of the asset (or asset group) is estimated and compared with its carrying amount. Where the carrying amount exceeds the recoverable amount, the asset is written down to its recoverable amount and an impairment loss is recognised in the profit and loss account. Any subsequent reversal of an impairment loss is recognised immediately in the profit and loss account to the extent that the revised carrying amount does not exceed the carrying amount that would have been determined had no impairment been recognised.

Impairment of tangible fixed assets

At each reporting date, the company assesses whether there is any indication that tangible fixed assets may be impaired. If such indication exists, the recoverable amount of the asset (or asset group) is estimated and compared with its carrying amount.

Where the carrying amount exceeds the recoverable amount, the asset is written down to its recoverable amount and an impairment loss is recognised in the profit and loss account. Any subsequent reversal of an impairment loss is recognised immediately in the profit and loss account to the extent that the revised carrying amount does not exceed the carrying amount that would have been determined had no impairment been recognised.

8.	Stocks

	2025	2024
	£	£
Finished goods	8,563	6,764
Total	8,563	6,764

9.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	2,935	11,906
Amounts owed by associates and joint ventures / participating interests	326,503	258,204
Other debtors	17,271	17,376
Total	346,709	287,486


	As at the balance sheet date of 31 March 2025, other debtors comprise the following: Prepayments: £ 17,271.61 (2024: £17,375.83)

10.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	52,771	54,500
Bank borrowings and overdrafts	10,462	9,952
Amounts owed to related parties	467,700	480,982
Taxation and social security	25,930	29,872
Finance lease and HP contracts	15,905	23,506
Other creditors	2,573	2,260
Total	575,341	601,072


	As at the balance sheet date of 31 March 2025, other creditors comprise the following: Pension Payable :£879.16 (2024: £866.05) Credit Card : £1,694.91 (2024:1,394.83)

11.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	1,769	12,483
Other creditors	19,675	34,876
Total	21,444	47,359

12.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	35,580		58,383

13.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	7,897	8,416
Total	7,897	8,416

14.

Related party transactions

As at 31 March 2025, the company had balances with associated companies as follows:

Protea Limited – £(340,767.87) : (2024: -£308,491.36)

Dental Studio Limited – £(126,932.07) : (2024: -£172,490.34)

Sterlitzia – £326,503.27 (2024: £258,204.39)

All outstanding balances with related parties are unsecured, interest-free, and have no fixed date for repayment. No guarantees have been given or received in respect of these balances.

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		169,317		225,755
Tangible assets	6		50,133		56,279
			219,450		282,034
Current assets
Stocks	8	8,563		6,764
Debtors	9	346,709		287,486
Cash at bank and on hand		63,328		111,587
		418,600		405,837
Creditors amounts falling due within one year	10	(575,341)		(601,072)
Net current assets (liabilities)			(156,741)		(195,235)
Total assets less current liabilities			62,709		86,799
Creditors amounts falling due after one year	11		(21,444)		(47,359)
Provisions for liabilities	13		(7,897)		(8,416)
Net assets			33,368		31,024
Capital and reserves
Called up share capital			4		4
Profit and loss account			33,364		31,020
Shareholders' funds			33,368		31,024