R and M Elsey Dental Clinic Limited 07186621 false 2024-09-01 2025-08-31 2025-08-31 The principal activity of the company is that of Dental Practictioners. Digita Accounts Production Advanced 6.30.9574.0 true 07186621 2024-09-01 2025-08-31 07186621 2025-08-31 07186621 core:RetainedEarningsAccumulatedLosses 2025-08-31 07186621 core:ShareCapital 2025-08-31 07186621 core:CurrentFinancialInstruments 2025-08-31 07186621 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-31 07186621 core:Non-currentFinancialInstruments core:AfterOneYear 2025-08-31 07186621 core:Goodwill 2025-08-31 07186621 core:FurnitureFittingsToolsEquipment 2025-08-31 07186621 core:MotorVehicles 2025-08-31 07186621 bus:SmallEntities 2024-09-01 2025-08-31 07186621 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 07186621 bus:FilletedAccounts 2024-09-01 2025-08-31 07186621 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 07186621 bus:RegisteredOffice 2024-09-01 2025-08-31 07186621 bus:CompanySecretaryDirector1 2024-09-01 2025-08-31 07186621 bus:Director1 2024-09-01 2025-08-31 07186621 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 07186621 bus:Agent1 2024-09-01 2025-08-31 07186621 core:Goodwill 2024-09-01 2025-08-31 07186621 core:FurnitureFittingsToolsEquipment 2024-09-01 2025-08-31 07186621 core:MotorVehicles 2024-09-01 2025-08-31 07186621 core:PlantMachinery 2024-09-01 2025-08-31 07186621 countries:AllCountries 2024-09-01 2025-08-31 07186621 2024-08-31 07186621 core:Goodwill 2024-08-31 07186621 core:FurnitureFittingsToolsEquipment 2024-08-31 07186621 core:MotorVehicles 2024-08-31 07186621 2023-09-01 2024-08-31 07186621 2024-08-31 07186621 core:RetainedEarningsAccumulatedLosses 2024-08-31 07186621 core:ShareCapital 2024-08-31 07186621 core:CurrentFinancialInstruments 2024-08-31 07186621 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 07186621 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 07186621 core:FurnitureFittingsToolsEquipment 2024-08-31 07186621 core:MotorVehicles 2024-08-31 iso4217:GBP xbrli:pure

Registration number: 07186621

R and M Elsey Dental Clinic Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 August 2025

R and M Elsey Dental Clinic Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

R and M Elsey Dental Clinic Limited

Company Information

Directors | Mrs M J Elsey Mr R J Elsey

Company secretary | Mr R J Elsey

Registered office | Oakmoore Court 11c Kingswood Road Hampton Lovett Droitwich Worcs WR9 0QH

Accountants | Ballards LLP Chartered AccountantsOakmoore Court 11C Kingswood Road Hampton Lovett Droitwich Worcestershire WR9 0QH

R and M Elsey Dental Clinic Limited

(Registration number: 07186621)
Balance Sheet as at 31 August 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 55,700 | 43,878
Current assets |  |  |
Debtors | 5 | 187,767 | 174,059
Cash at bank and in hand |  | 105,001 | 65,518
|  | 292,768 | 239,577
Creditors: Amounts falling due within one year | 6 | (92,713) | (67,364)
Net current assets |  | 200,055 | 172,213
Total assets less current liabilities |  | 255,755 | 216,091
Creditors: Amounts falling due after more than one year | 6 | (6,075) | (12,216)
Provisions for liabilities |  | (5,879) | (5,879)
Net assets |  | 243,801 | 197,996
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 243,701 | 197,896
Shareholders' funds |  | 243,801 | 197,996

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 May 2026 and signed on its behalf by:

......................................... Mr R J Elsey Company secretary and director |  |

R and M Elsey Dental Clinic Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1 | 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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 25% RB
Motor vehicles | 25% RB

R and M Elsey Dental Clinic Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 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.

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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

R and M Elsey Dental Clinic Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2024 - 10).

R and M Elsey Dental Clinic Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

3 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 September 2024 | 293,645 | 293,645
At 31 August 2025 | 293,645 | 293,645
Amortisation
At 1 September 2024 | 293,645 | 293,645
At 31 August 2025 | 293,645 | 293,645
Carrying amount
At 31 August 2025 | - | -

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 September 2024 | 31,671 | 34,990 | 66,661
Additions | 23,990 | - | 23,990
At 31 August 2025 | 55,661 | 34,990 | 90,651
Depreciation
At 1 September 2024 | 14,035 | 8,747 | 22,782
Charge for the year | 5,608 | 6,561 | 12,169
At 31 August 2025 | 19,643 | 15,308 | 34,951
Carrying amount
At 31 August 2025 | 36,018 | 19,682 | 55,700
At 31 August 2024 | 17,636 | 26,242 | 43,878

R and M Elsey Dental Clinic Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

5 | Debtors

Included in other debtors is an amount owed by the directors of £136,066 (2024: £130,034).

| 2025 £ | 2024 £
Other debtors | 183,928 | 171,858
Prepayments | 3,839 | 2,201
| 187,767 | 174,059

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | 6,742 | 6,663
Trade creditors |  | 29,408 | 8,150
Taxation and social security |  | 53,343 | 42,331
Accruals and deferred income |  | 2,850 | 2,650
Other creditors |  | 370 | 7,570
|  | 92,713 | 67,364

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | 6,075 | 12,216

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
HP and finance lease liability 1 (1-2 yrs) | 6,075 | 12,216

Current loans and borrowings

| 2025 £ | 2024 £
HP and finance lease liability 1 (under 1yr) | 6,742 | 6,663