Registration number:
TQ Dental Services Limited
for the Year Ended 30 April 2025
TQ Dental Services Limited
Contents
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Company Information |
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Director's Report |
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Accountants' Report |
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Profit and Loss Account |
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Statement of Comprehensive Income |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Financial Statements |
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Detailed Profit and Loss Account |
TQ Dental Services Limited
Company Information
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Director |
Mr Daniel Scott |
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Registered office |
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Accountants |
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TQ Dental Services Limited
Director's Report for the Year Ended 30 April 2025
The director presents his report and the financial statements for the year ended 30 April 2025.
Directors of the company
The directors who held office during the year were as follows:
The following director was appointed after the year end:
Principal activity
The principal activity of the company is Provison of Dental Services
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
TQ Dental Services Limited
for the Year Ended 30 April 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of TQ Dental Services Limited for the year ended 30 April 2025 as set out on pages 4 to 14 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.
This report is made solely to the Board of Directors of TQ Dental Services Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of TQ Dental Services Limited and state those matters that we have agreed to state to the Board of Directors of TQ Dental Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TQ Dental Services Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that TQ Dental Services Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of TQ Dental Services Limited. You consider that TQ Dental Services Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of TQ Dental Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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260-262 Union Street
Torquay
Devon
TQ2 5QU
TQ Dental Services Limited
Profit and Loss Account for the Year Ended 30 April 2025
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Note |
2025 |
2024 |
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Turnover |
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- |
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Cost of sales |
( |
- |
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Gross profit |
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- |
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Administrative expenses |
( |
- |
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Operating profit |
19,849 |
- |
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Interest payable and similar expenses |
( |
- |
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Profit before tax |
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- |
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Tax on profit |
( |
- |
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Profit for the financial year |
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- |
The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
TQ Dental Services Limited
Statement of Comprehensive Income for the Year Ended 30 April 2025
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2025 |
2024 |
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Profit for the year |
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- |
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Total comprehensive income for the year |
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- |
TQ Dental Services Limited
(Registration number: 14784734)
Balance Sheet as at 30 April 2025
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Note |
2025 |
2024 |
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Fixed assets |
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Intangible assets |
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- |
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Current assets |
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Debtors |
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- |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
- |
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Net current (liabilities)/assets |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
1 |
1 |
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Retained earnings |
14,664 |
- |
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Shareholders' funds |
14,665 |
1 |
For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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• |
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.
Approved and authorised by the
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TQ Dental Services Limited
Statement of Changes in Equity for the Year Ended 30 April 2025
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Share capital |
Retained earnings |
Total |
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At 1 May 2024 |
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- |
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Profit for the year |
- |
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Dividends |
- |
( |
( |
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At 30 April 2025 |
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Share capital |
Total |
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New share capital subscribed |
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At 30 April 2024 |
1 |
1 |
TQ Dental Services Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
TQ Dental Services Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025
Goodwill
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
TQ Dental Services Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025
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Profit before tax |
Arrived at after charging/(crediting)
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2025 |
2024 |
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Amortisation expense |
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- |
TQ Dental Services Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025
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Intangible assets |
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Goodwill |
Total |
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Cost or valuation |
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Additions acquired separately |
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At 30 April 2025 |
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Amortisation |
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Amortisation charge |
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At 30 April 2025 |
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Carrying amount |
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At 30 April 2025 |
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Debtors |
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Current |
2025 |
2024 |
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Other debtors |
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- |
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- |
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Creditors |
Creditors: amounts falling due within one year
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2025 |
2024 |
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Due within one year |
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Taxation and social security |
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- |
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Accruals and deferred income |
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- |
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- |
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Share capital |
Allotted, called up and fully paid shares
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2025 |
2024 |
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No. |
£ |
No. |
£ |
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1 |
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1 |
TQ Dental Services Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025
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Dividends |
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2025 |
2024 |
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£ |
£ |
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Interim dividend of £ |
1,000 |
- |
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Related party transactions |
TQ Dental Services Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025
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Transactions with the director |
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2025 |
At 1 May 2024 |
Advances to director |
Other payments made to company by director |
At 30 April 2025 |
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Mr Daniel Scott |
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Loan to/ from Director |
- |
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(20,000) |
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TQ Dental Services Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025
Director's remuneration
The director's remuneration for the year was as follows:
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2025 |
2024 |
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Remuneration |
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- |
Dividends paid to the director
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2025 |
2024 |
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Mr Daniel Scott |
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Interim Dividends |
1,000 |
- |
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TQ Dental Services Limited
Detailed Profit and Loss Account for the Year Ended 30 April 2025
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Year ended 30 April 2025 |
6 April 2023 to 30 April 2024 |
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turnover (analysed below) |
64,253 |
- |
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Cost of sales (analysed below) |
(30,888) |
- |
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Gross profit |
33,365 |
- |
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Gross profit (%) |
51.93% |
0% |
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Administrative expenses |
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Employment costs (analysed below) |
(5,000) |
- |
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Establishment costs (analysed below) |
(2,400) |
- |
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General administrative expenses (analysed below) |
(4,116) |
- |
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Depreciation costs (analysed below) |
(2,000) |
- |
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(13,516) |
- |
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Operating profit |
19,849 |
- |
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Interest payable and similar charges (analysed below) |
(980) |
- |
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Profit before tax |
18,869 |
- |
TQ Dental Services Limited
Detailed Profit and Loss Account for the Year Ended 30 April 2025
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2025 |
2024 |
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Turnover |
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Rendering of services, UK |
64,253 |
- |
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Cost of sales |
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Licence Fees |
(30,888) |
- |
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Employment costs |
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Directors fees |
(5,000) |
- |
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Establishment costs |
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Rent |
(2,400) |
- |
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General administrative expenses |
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Motor expenses |
(2,588) |
- |
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Travel and subsistence |
(928) |
- |
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Accountancy fees |
(600) |
- |
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(4,116) |
- |
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Depreciation costs |
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Amortisation of goodwill |
(2,000) |
- |
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Interest payable and similar expenses |
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Other interest payable |
(980) |
- |