YDS Group Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—8

1. General Information

YDS Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13185339 . The registered office is Dale House, 64 Fink Hill, Leeds, LS18 4DH.

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. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are amortised to profit and loss account over their estimated economic life where appropriate.

2.3. 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:

Freehold	2% Straight Line
Leasehold	10% Reducing Balance
Plant & Machinery	20% Straight Line
Computer Equipment	20% Straight Line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. 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.

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YDS Group Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. 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 years 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 17 (2024: 2)

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	22,020

As at 31 March 2025	22,020

Net Book Value
As at 31 March 2025	22,020

As at 1 April 2024	22,020

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YDS Group Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Tangible Assets

	Land & Property
	Freehold	Leasehold	Plant & Machinery	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	2,203,049	-	319,363	22,601	2,545,013
Additions	1,381,652	291,734	92,115	25,397	1,790,898
Transfers	(3,584,701 )	-	-	-	(3,584,701 )

As at 31 March 2025	-	291,734	411,478	47,998	751,210

Depreciation
As at 1 April 2024	-	-	39,387	2,648	42,035
Provided during the period	-	-	64,247	5,266	69,513

As at 31 March 2025	-	-	103,634	7,914	111,548

Net Book Value
As at 31 March 2025	-	291,734	307,844	40,084	639,662

As at 1 April 2024	2,203,049	-	279,976	19,953	2,502,978

6. Investment Property

	31 March 2025
	£
Fair Value
As at 1 April 2024	341,136
Additions	586,704
Disposals	(644,828 )
Transfers	3,584,701

As at 31 March 2025	3,867,713

7. Investments

	Unlisted
	£
Cost
As at 1 April 2024	500
Additions	400

As at 31 March 2025	900

...CONTINUED

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YDS Group Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	900

As at 1 April 2024	500

8. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Trade debtors	268,793	-
Amounts owed by group undertakings	212,824	276,918
Other debtors	158,820	305,178

	640,437	582,096

9. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Trade creditors	92,571	198,618
Amounts owed to group undertakings	3,910,198	3,262,137
Other creditors	3,471	2,500
Taxation and social security	73,511	-

	4,079,751	3,463,255

11. Share Capital

	31 March 2025	31 March 2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

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YDS Group Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

12. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Dr Elhussein Dalghous	(111,816 )	270,174	382,000	-	10

The above loan is unsecured, interest free and repayable on demand.

13. Related Party Transactions

YDS Hull Ltd

YDS Hull Ltd is a 100% owned subsidiary.

At the balance sheet date, £364,808 was due to YDS Hull Ltd (2024: due from YDS Hull Ltd £53,338).

At the balance sheet date, trade debtors included amounts due from YDS Hull Ltd of £10,391.

During the period, cost of £7,333 rent, £85,753 wages, £1,369 light and heat and £805 telecoms were charged to YDS Hull Ltd.

YDS Wakefield Ltd

YDS Wakefield Ltd is a 100% owned subsidiary.

At the balance sheet date, £105 was due to YDS Wakefield Ltd (2024: £28,092).

At the balance sheet date, trade debtors included amounts due from YDS Wakefield of £36,013.

During the period, repairs costs of £2,146, wages costs of £144,338 and gross rent costs of £31,500 were charged to YDS Wakefield Ltd.

YDS Manchester Ltd

YDS Manchester Ltd is a 100% owned subsidiary.

At the balance sheet date £103,553 was from to YDS Manchester Ltd.

YDS Chelsea Ltd

YDS Chelsea Ltd is a 100% owned subsidiary.

At the balance sheet date £105,864 was from to YDS Chelsea Ltd.

YDS York Ltd

YDS York Ltd is a 100% owned subsidiary.

At the balance sheet date £698,044.16 was due to YDS York Ltd (2024: £87,664 due from).

At the balance sheet date, trade debtors included amounts due from YDS York Ltd of £12,391.

During the period repair costs of £1,074, cleaning costs of £1,167 and wages costs of £85,753 were charged to YDS York Ltd.

During the period, rent costs of £20k were charged to YDS York Ltd.

Dividends of £382,000 (2024: £276,000) were received in the period from subsidiary YDS York Ltd.

YDS Guiseley Ltd

YDS Guiseley Ltd is a 100% owned subsidiary.

At the balance sheet date, £112,303 was due from YDS Guiseley Ltd (2024: £3,260)

At the balance sheet date, trade debtors included amounts due from YDS Guiseley Ltd of £52,891.

During the period wages costs of £103,594, light and heat costs of £2,628, and rent costs of £13,500 were charged to YDS Guiseley Ltd.

Smile White Holdings Ltd

Smile White Holdings Ltd is a 100% owned subsidiary.

During the period rent costs of £47,595 were charged to Smile White Holdings Ltd.

...CONTINUED

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YDS Group Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

13. Related Party Transactions - continued

At the balance sheet date, £1,357,780 was payable to Smile White Holdings Ltd (2024: £479,063).

At the balance sheet date, trade debtors included amounts due from Smile White Holdings Ltd of £90,931.

Dividends of £2,173,000 (2024: £428,000) were received in the period from subsidiary Smile White Holdings Ltd.

Yorkshire Dental Suite (Holdings) Ltd

Yorkshire Dental Suite (Holdings) Ltd is an associated company by virtue of being owned by associates of the owners.

At the balance sheet date, £659,793 (2024: £998,271) was payable to Yorkshire Dental Suite (Holdings) Ltd.

At the balance sheet date, trade creditors included amounts owed to Yorkshire Dental Suite (Holdings) Ltd of £22,657 .

YDS (Leeds) Ltd

YDS (Leeds) Ltd is 100% owned subsidiary of Yorkshire Dental Suite (Holdings) Ltd. Yorkshire Dental Suite (Holdings) Ltd is an associated company by virtue of being controlled by associates of the owners.

At the balance sheet date, £1,820,666 was payable to YDS (Leeds) Ltd (2024: £1,704,802).

At the balance sheet date, included in trade debtors was £66,177 due from YDS (Leeds) Ltd.

During the year the company charged repair fees to YDS (Leeds) Ltd of £3,317.04.

During the year, the company charged wages to YDS (Leeds) Ltd of £206,007.

No further transactions were undertaken during the period such as are required to be disclosed under FRS 102.

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		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		22,020		22,020
Tangible Assets	5		639,662		2,502,978
Investment Properties	6		3,867,713		341,136
Investments	7		900		500

			4,530,295		2,866,634
CURRENT ASSETS
Debtors	8	640,437		582,096
Cash at bank and in hand		72,690		16,581

		713,127		598,677
Creditors: Amounts Falling Due Within One Year	9	(4,079,751 )		(3,463,255 )

NET CURRENT ASSETS (LIABILITIES)			(3,366,624 )		(2,864,578 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,163,671		2,056

PROVISIONS FOR LIABILITIES
Deferred Taxation			(86,982 )		-

NET ASSETS			1,076,689		2,056

CAPITAL AND RESERVES
Called up share capital	11		1,000		1,000
Profit and Loss Account			1,075,689		1,056

SHAREHOLDERS' FUNDS			1,076,689		2,056