Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 2024-03-11 false Dental services 4 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 15552757 2024-03-10 15552757 2024-03-11 2025-03-31 15552757 2023-03-11 2024-03-10 15552757 2025-03-31 15552757 c:Director1 2024-03-11 2025-03-31 15552757 d:Buildings d:ShortLeaseholdAssets 2024-03-11 2025-03-31 15552757 d:Buildings d:ShortLeaseholdAssets 2025-03-31 15552757 d:PlantMachinery 2024-03-11 2025-03-31 15552757 d:PlantMachinery 2025-03-31 15552757 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-03-11 2025-03-31 15552757 d:FurnitureFittings 2024-03-11 2025-03-31 15552757 d:FurnitureFittings 2025-03-31 15552757 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-03-11 2025-03-31 15552757 d:OfficeEquipment 2024-03-11 2025-03-31 15552757 d:OfficeEquipment 2025-03-31 15552757 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-03-11 2025-03-31 15552757 d:ComputerEquipment 2024-03-11 2025-03-31 15552757 d:ComputerEquipment 2025-03-31 15552757 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-03-11 2025-03-31 15552757 d:OwnedOrFreeholdAssets 2024-03-11 2025-03-31 15552757 d:CurrentFinancialInstruments 2025-03-31 15552757 d:Non-currentFinancialInstruments 2025-03-31 15552757 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 15552757 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 15552757 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2025-03-31 15552757 d:ShareCapital 2025-03-31 15552757 d:RetainedEarningsAccumulatedLosses 2025-03-31 15552757 c:FRS102 2024-03-11 2025-03-31 15552757 c:AuditExemptWithAccountantsReport 2024-03-11 2025-03-31 15552757 c:FullAccounts 2024-03-11 2025-03-31 15552757 c:PrivateLimitedCompanyLtd 2024-03-11 2025-03-31 15552757 d:HirePurchaseContracts d:WithinOneYear 2025-03-31 15552757 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-03-31 15552757 e:PoundSterling 2024-03-11 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 15552757 JOYFUL PRACTICE LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE THIRTEEN MONTHS ENDED 31 MARCH 2025
JOYFUL PRACTICE LTD CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OFJOYFUL PRACTICE LTD FOR THE THIRTEEN MONTHS ENDED 31 MARCH 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Joyful Practice Ltd for the thirteen months ended 31 March 2025 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given to us. This report is made solely to the director of Joyful Practice Ltd in accordance with the terms of our agreement. Our work has been undertaken solely to prepare for your approval the financial statements of Joyful Practice Ltd and state those matters that we have agreed to state to her in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Joyful Practice Ltd and its director for our work or for this report. It is your duty to ensure that Joyful Practice Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the Company's assets, liabilities, financial position and loss. You consider that Joyful Practice Ltd is exempt from the statutory audit requirement for the . We have not been instructed to carry out an audit or review of the financial statements of Joyful Practice Ltd. 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 financial statements. Shipleys Tax & Accounts 11 March 2026 Page 1
JOYFUL PRACTICE LTD REGISTERED NUMBER: 15552757 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025
Note |  | £
Fixed assets |  |  |
Tangible assets | 4 |  | 299,086
|  |  | 299,086
Current assets |  |  |
Debtors: amounts falling due within one year | 5 | 88,000 |
Cash at bank and in hand | 6 | 414 |
|  | 88,414 |
Creditors: amounts falling due within one year | 7 | (187,067) |
Net current (liabilities)/assets |  |  | (98,653)
Total assets less current liabilities |  |  | 200,433
Creditors: amounts falling due after more than one year | 8 |  | (414,074)
Net (liabilities)/assets |  |  | (213,641)
Capital and reserves |  |  |
Called up share capital |  |  | 100
Profit and loss account |  |  | (213,741)
|  |  | (213,641)
The director considers 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 thirteen months in question in accordance with section 476 of the Companies Act 2006. The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. 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 statement of comprehensive income 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 11 March 2026. Page 2
JOYFUL PRACTICE LTD REGISTERED NUMBER: 15552757 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025
Ayeh Mahdmina
Director
The notes on pages 4 to 9 form part of these financial statements. Page 3
JOYFUL PRACTICE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE THIRTEEN MONTHS ENDED 31 MARCH 2025
1. | General information
Joyful Practice Ltd is a company domiciled in England & Wales, registration number 15552757. The registered office is 8 Grange Lane, Manchester, M20 6RW. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably. Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.3 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset. Page 4
JOYFUL PRACTICE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE THIRTEEN MONTHS ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.4 | 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.
| 2.5 | Borrowing costs
All borrowing costs are recognised in profit or loss in the thirteen months in which they are incurred.
| 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, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Short-term leasehold property | - |  | 15 years
|  |  |  | Plant and machinery | - | 25% |
|  |  |  | Fixtures and fittings | - | 25% |
|  |  |  | Office equipment | - | 25% |
|  |  |  | Computer equipment | - | 33% |
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.
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.8 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.9 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Page 5
JOYFUL PRACTICE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE THIRTEEN MONTHS ENDED 31 MARCH 2025
3. | Employees
| The average monthly number of employees, including directors, during the thirteen months was 4.
Page 6
JOYFUL PRACTICE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE THIRTEEN MONTHS ENDED 31 MARCH 2025
4. | Tangible fixed assets
|  | Short-term leasehold property | Plant and machinery | Fixtures and fittings | Office equipment | Computer equipment
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| Additions | 19,478 | 334,376 | 26,796 | 1,108 | 13,796
| At 31 March 2025 | 19,478 | 334,376 | 26,796 | 1,108 | 13,796
| Depreciation |  |  |  |  |
| Charge for the thirteen months on owned assets | 1,299 | 83,594 | 6,699 | 277 | 4,599
| At 31 March 2025 | 1,299 | 83,594 | 6,699 | 277 | 4,599
| Net book value |  |  |  |  |
| At 31 March 2025 | 18,179 | 250,782 | 20,097 | 831 | 9,197
|  | Total
|  | £
| Cost or valuation |
| Additions | 395,554
| At 31 March 2025 | 395,554
| Depreciation |
| Charge for the thirteen months on owned assets | 96,468
| At 31 March 2025 | 96,468
| Net book value |
| At 31 March 2025 | 299,086
Page 7
JOYFUL PRACTICE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE THIRTEEN MONTHS ENDED 31 MARCH 2025
5. | Debtors
|  |  |  |  | 2025
|  |  |  |  | £
| Other debtors | 88,000
|  | 88,000
6. | Cash and cash equivalents
|  |  |  |  | 2025
|  |  |  |  | £
| Cash at bank and in hand | 414
| Less: bank overdrafts | (3,878)
|  | (3,464)
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025
|  |  |  |  | £
| Bank overdrafts | 3,878
| Other taxation and social security | 1,327
| Other creditors | 178,862
| Accruals and deferred income | 3,000
|  | 187,067
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025
|  |  |  |  | £
| Bank loans | 250,000
| Net obligations under finance leases and hire purchase contracts | 164,074
|  | 414,074
Page 8
JOYFUL PRACTICE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE THIRTEEN MONTHS ENDED 31 MARCH 2025
9. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025
|  |  |  |  | £
| Amounts falling due after more than 5 years |
| Bank loans | 250,000
|  | 250,000
|  | 250,000
| The company has taken out a bank loan of £250,000 with Natwest Bank PLC. Repayments are on an interest only basis and fixed for a period of 5 years at 7.82% and then revert to 3.5% above the Bank of England Base Rate for the remaining 10 years of the loan. A first ranking debenture has been granted to the bank over the assets of the company. As part of the arrangement, a charge has also been granted over the life insurance policy owned by the director. The director did not receive any remuneration or compensation for providing this security.
10. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  |  |  |  | 2025
|  |  |  |  | £
| Within one year | 36,006
| Between 1-5 years | 128,068
|  | 164,074
11. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £283.
12. | Related party transactions
| During the year Sepaas Ltd (a company which the director has 100% shareholding of) loaned the company £178,613. At the balance sheet date other creditors included £178,613 as amounts owed to Sepaas Ltd.
13. | Controlling party
The company is controlled by the director Ayeh Mahdmina. Page 9