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Registered number: 08988181
White House Dental Studio Limited
Unaudited Financial Statements
For The Year Ended 30 September 2025
Hive Accountancy Ltd
The Innovation Centre
Treliske
Truro
Cornwall
TR1 3FF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08988181
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 76,104 84,496
Tangible Assets 5 312,609 310,876
388,713 395,372
CURRENT ASSETS
Stocks 6 3,500 3,500
Debtors 31,618 134,510
Cash at bank and in hand 289,647 36,488
324,765 174,498
Creditors: Amounts Falling Due Within One Year (224,483 ) (182,035 )
NET CURRENT ASSETS (LIABILITIES) 100,282 (7,537 )
TOTAL ASSETS LESS CURRENT LIABILITIES 488,995 387,835
Creditors: Amounts Falling Due After More Than One Year (265,412 ) (96,876 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (32,555 ) (32,122 )
NET ASSETS 191,028 258,837
CAPITAL AND RESERVES
Called up share capital 8 300 200
Profit and Loss Account 190,728 258,637
SHAREHOLDERS' FUNDS 191,028 258,837
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Page 2
For the year ending 30 September 2025 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr S Mughal
Director
20 April 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
White House Dental Studio Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08988181 . The registered office is 34a The High Street, Winslow, Bucks, MK18 3HB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
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
2.2. Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the period.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty years.
The goodwill broadly reflects the patient list acquired on 1 October 2014 which is considered to suffer 5% attrition each year.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
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.
Computer software is being amortised evenly over its estimated useful life of twenty years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold NIL
Plant & Machinery 20 % SL
Motor Vehicles 20 % SL
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.7. Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees during the year was as follows: 6 (2024: 6)
6 6
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 October 2024 165,959 1,881 167,840
As at 30 September 2025 165,959 1,881 167,840
Amortisation
As at 1 October 2024 82,780 564 83,344
Provided during the period 8,298 94 8,392
As at 30 September 2025 91,078 658 91,736
Net Book Value
As at 30 September 2025 74,881 1,223 76,104
As at 1 October 2024 83,179 1,317 84,496
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5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 October 2024 243,647 136,811 143,035 523,493
Additions - 10,136 36,895 47,031
Disposals - - (91,045 ) (91,045 )
As at 30 September 2025 243,647 146,947 88,885 479,479
Depreciation
As at 1 October 2024 - 98,189 114,428 212,617
Provided during the period - 16,691 28,607 45,298
Disposals - - (91,045 ) (91,045 )
As at 30 September 2025 - 114,880 51,990 166,870
Net Book Value
As at 30 September 2025 243,647 32,067 36,895 312,609
As at 1 October 2024 243,647 38,622 28,607 310,876
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Plant & Machinery 21,045 17,516
Motor Vehicles 30,796 28,607
51,841 46,123
6. Stocks
2025 2024
£ £
Stock 3,500 3,500
7. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 44,492 61,659
Later than one year and not later than five years 52,274 70,109
96,766 131,768
96,766 131,768
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 300 200
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2024 Amounts advanced Amounts repaid Amounts written off As at 30 September 2025
£ £ £ £ £
Dr Shakir Mughal 76,616 114,173 190,789 - -
Interest is charged on loan balances above £10,000 at HMRC's official interest rate of 2%
10. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 224,102 90,000
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