IRIS Accounts Production v25.4.0.155 08997011 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 08997011 2024-03-31 08997011 2025-03-31 08997011 2024-04-01 2025-03-31 08997011 2023-03-31 08997011 2023-04-01 2024-03-31 08997011 2024-03-31 08997011 ns15:EnglandWales 2024-04-01 2025-03-31 08997011 ns14:PoundSterling 2024-04-01 2025-03-31 08997011 ns10:Director1 2024-04-01 2025-03-31 08997011 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08997011 ns10:SmallEntities 2024-04-01 2025-03-31 08997011 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08997011 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 08997011 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08997011 ns10:FullAccounts 2024-04-01 2025-03-31 08997011 1 2024-04-01 2025-03-31 08997011 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 08997011 ns10:Director2 2024-04-01 2025-03-31 08997011 ns10:CompanySecretary1 2024-04-01 2025-03-31 08997011 ns10:RegisteredOffice 2024-04-01 2025-03-31 08997011 ns5:CurrentFinancialInstruments 2025-03-31 08997011 ns5:CurrentFinancialInstruments 2024-03-31 08997011 ns5:Non-currentFinancialInstruments 2025-03-31 08997011 ns5:Non-currentFinancialInstruments 2024-03-31 08997011 ns5:ShareCapital 2025-03-31 08997011 ns5:ShareCapital 2024-03-31 08997011 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 08997011 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 08997011 ns5:NetGoodwill 2024-04-01 2025-03-31 08997011 ns5:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 08997011 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-04-01 2025-03-31 08997011 ns5:PlantMachinery 2024-04-01 2025-03-31 08997011 ns5:ComputerEquipment 2024-04-01 2025-03-31 08997011 ns5:NetGoodwill 2024-03-31 08997011 ns5:NetGoodwill 2025-03-31 08997011 ns5:NetGoodwill 2024-03-31 08997011 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-03-31 08997011 ns5:PlantMachinery 2024-03-31 08997011 ns5:ComputerEquipment 2024-03-31 08997011 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-03-31 08997011 ns5:PlantMachinery 2025-03-31 08997011 ns5:ComputerEquipment 2025-03-31 08997011 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-03-31 08997011 ns5:PlantMachinery 2024-03-31 08997011 ns5:ComputerEquipment 2024-03-31 08997011 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 08997011 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 08997011 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-03-31 08997011 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-03-31 08997011 ns5:Secured 2025-03-31 08997011 ns5:Secured 2024-03-31 08997011 ns5:DeferredTaxation 2024-03-31 08997011 ns5:DeferredTaxation 2024-04-01 2025-03-31 08997011 ns5:DeferredTaxation 2025-03-31 08997011 ns10:OrdinaryShareClass1 2025-03-31

REGISTERED NUMBER: 08997011 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Frome Dental Surgery Limited

Frome Dental Surgery Limited (Registered number: 08997011)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

Frome Dental Surgery Limited

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | Dr T Tabari

| PDS Health Limited

| SECRETARY: | Simon Hall

| REGISTERED OFFICE: | BG Group Office14,

| Bruton Enterprise Centre, Frome Road

| Bruton

| BA10 0FF

| REGISTERED NUMBER: | 08997011 (England and Wales)

| ACCOUNTANTS: | Proview Accountants

| 315, Regents Park Road

| Finchley Central

| London

| N3 1DP

Frome Dental Surgery Limited (Registered number: 08997011)

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | 26,423 |  |

Tangible assets | 5 | 32,930 |  | 41,324 |  |

32,930 |  | 67,747 |  |

CURRENT ASSETS

Stocks | 6 | 7,245 |  | 12,920 |  |

Debtors | 7 | 330,757 |  | 281,410 |  |

Cash at bank | 12,692 |  | 26,419 |  |

350,694 |  | 320,749 |  |

CREDITORS

Amounts falling due within one year | 8 | 157,301 |  | 75,094 |  |

NET CURRENT ASSETS | 193,393 |  | 245,655 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 226,323 |  | 313,402 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (88,461 | ) | (121,125 | ) |

PROVISIONS FOR LIABILITIES | 12 | (8,233 | ) | (7,617 | ) |

NET ASSETS | 129,629 |  | 184,660 |  |

CAPITAL AND RESERVES

Called up share capital | 13 | 1 |  | 1 |  |

Retained earnings | 129,628 |  | 184,659 |  |

SHAREHOLDERS' FUNDS | 129,629 |  | 184,660 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Frome Dental Surgery Limited (Registered number: 08997011)

Balance Sheet - continued

31 March 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 March 2026 and were signed on its behalf by:

Dr T Tabari - Director

Frome Dental Surgery Limited (Registered number: 08997011)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Frome Dental Surgery Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

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

| Turnover

| Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value consideration takes into account trade discounts, settlement discounts and volume rebates.

| When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

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

| Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to hourly staff rates and materials, as a proportion of total costs. When the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

| Goodwill

| Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 10 years.

| For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Frome Dental Surgery Limited (Registered number: 08997011)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Short leasehold | - | not provided

| Plant and machinery | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Stocks

| Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Basic financial assets

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Basic financial liabilities

| Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Equity instruments

| Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Frome Dental Surgery Limited (Registered number: 08997011)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Cash at bank and in hand

| Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 7 (2024 - 6 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 272,656 |  |

| AMORTISATION

| At 1 April 2024 | 246,233 |  |

| Amortisation for year | 26,423 |  |

| At 31 March 2025 | 272,656 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  |

| At 31 March 2024 | 26,423 |  |

Frome Dental Surgery Limited (Registered number: 08997011)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

5. | TANGIBLE FIXED ASSETS

| Short |  | Plant and |  | Computer |

| leasehold |  | machinery |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2024 | 1,233 |  | 160,529 |  | 4,401 |  | 166,163 |  |

| Additions | - |  | 1,106 |  | 1,065 |  | 2,171 |  |

| At 31 March 2025 | 1,233 |  | 161,635 |  | 5,466 |  | 168,334 |  |

| DEPRECIATION

| At 1 April 2024 | - |  | 121,510 |  | 3,329 |  | 124,839 |  |

| Charge for year | - |  | 10,031 |  | 534 |  | 10,565 |  |

| At 31 March 2025 | - |  | 131,541 |  | 3,863 |  | 135,404 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,233 |  | 30,094 |  | 1,603 |  | 32,930 |  |

| At 31 March 2024 | 1,233 |  | 39,019 |  | 1,072 |  | 41,324 |  |

6. | STOCKS

| 31.3.25 |  | 31.3.24

£ | £ |

| Stocks | 4,473 |  | 7,200 |  |

| Work-in-progress | 2,772 |  | 5,720 |  |

7,245 |  | 12,920 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 4,210 |  | 4,024 |  |

| Other debtors | 326,547 |  | 277,386 |  |

330,757 |  | 281,410 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans and overdrafts (see note 10) | 20,388 |  | 20,388 |  |

| Trade creditors | 88,086 |  | 29,846 |  |

| Taxation and social security | 31,690 |  | 9,361 |  |

| Other creditors | 17,137 |  | 15,499 |  |

157,301 |  | 75,094 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans (see note 10) | 81,070 |  | 103,727 |  |

| Other creditors | 7,391 |  | 17,398 |  |

88,461 |  | 121,125 |  |

Frome Dental Surgery Limited (Registered number: 08997011)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

| 31.3.25 |  | 31.3.24

£ | £ |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 2,614 |  | 25,271 |  |

10. | LOANS

| An analysis of the maturity of loans is given below:

| 31.3.25 |  | 31.3.24

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans | 20,388 |  | 20,388 |  |

| Bank loans - unsecured | 10,000 |  | 10,000 |  |

30,388 |  | 30,388 |  |

| Amounts falling due between two and five years:

| Bank loans - 2-5 years | 78,456 |  | 78,456 |  |

| Bank loans - unsecured | 7,391 |  | 17,398 |  |

85,847 |  | 95,854 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 2,614 |  | 25,271 |  |

11. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans | 101,458 |  | 124,115 |  |

| The bank loans are secured against the assets and undertakings of the company.

12. | PROVISIONS FOR LIABILITIES

| 31.3.25 |  | 31.3.24

£ | £ |

| Deferred tax | 8,233 |  | 7,617 |  |

| Deferred |

| tax |

£ |

| Balance at 1 April 2024 | 7,617 |  |

| Provided during year | 616 |  |

| Balance at 31 March 2025 | 8,233 |  |

Frome Dental Surgery Limited (Registered number: 08997011)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

13. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.25 |  | 31.3.24

| value: | £ | £ |

| 1 | Ordinary | £1 | 1 |  | 1 |  |

14. | RELATED PARTY DISCLOSURES

| The company has taken advantage of the exemption contained in FRS 102 section 33 "Related Party Disclosures" from disclosing transactions with entities which are wholly owned part of the group.

15. | PARENT COMPANY

| The ultimate parent company is PDS Health Limited, a company registered in England and Wales. Its registered office is BG Group Office 14, Bruton Enterprise Centre, Frome Road, Bruton BA10 0FF

| The group headed by PDS Health Limited does not prepare consolidated financial statements as it is exempt as a small group under s383 of the Companies Act 2006.