REGISTERED NUMBER: 10258595 (England and Wales)

CLAYDON CHELTENHAM LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST JANUARY 2025 TO 6TH JUNE 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

10

DIRECTORS:

Dr S K Dau

S H Gill

REGISTERED OFFICE:

Devonshire House Office 129

Wade Road

Basingstoke

RG24 8PE

REGISTERED NUMBER:

10258595 (England and Wales)

ACCOUNTANTS:

CUTTER & CO LTD

CHARTERED ACCOUNTANTS

3 Lyttleton Court

Birmingham Street

Halesowen

West Midlands

B63 3HN

FIXED ASSETS

Intangible assets

4

98,570

105,207

Tangible assets

5

268,484

281,244

367,054

386,451

CURRENT ASSETS

Stocks

-

10,726

Debtors

6

53,050

35,763

Cash at bank and in hand

373,032

246,965

426,082

293,454

CREDITORS

Amounts falling due within one year

7

588,321

336,124

NET CURRENT LIABILITIES

(162,239

)

(42,670

)

TOTAL ASSETS LESS CURRENT LIABILITIES

204,815

343,781

CREDITORS

Amounts falling due after more than one year

8

-

37,097

NET ASSETS

204,815

306,684

CAPITAL AND RESERVES

Called up share capital

457,028

438,003

Share premium

2

2

Retained earnings

(252,215

)

(131,321

)

SHAREHOLDERS' FUNDS

204,815

306,684

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 6th June 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 6th June 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.

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 1st July 2026 and were signed on its behalf by:

S H Gill - Director

1.	STATUTORY INFORMATION

Claydon Cheltenham 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.

Revenue

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised to the extent that it is probable that 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.

Services

Revenue for services is recognised in the period in which the services are provided in accordance with the stage of completion of the service when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the company will receive consideration due under the service terms;

- the stage of completion of the service at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the service can be measured reliably.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

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.

Website costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% on reducing balance

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer and office equipment

-

20% on cost

Stocks

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

Taxation

Taxation for the period 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.

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 period 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit and loss over the relevant period. The capital element of future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 11 (2024 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1st January 2025

and 6th June 2025

156,810

4,593

161,403

AMORTISATION

At 1st January 2025

52,270

3,926

56,196

Charge for period

6,534

103

6,637

At 6th June 2025

58,804

4,029

62,833

NET BOOK VALUE

At 6th June 2025

98,006

564

98,570

At 31st December 2024

104,540

667

105,207

5.	TANGIBLE FIXED ASSETS

Computer

Improvements

Fixtures

and

to

Plant and

and

office

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1st January 2025

182,827

269,887

40,122

26,403

519,239

Additions

-

-

224

-

224

At 6th June 2025

182,827

269,887

40,346

26,403

519,463

DEPRECIATION

At 1st January 2025

79,022

118,244

22,014

18,715

237,995

Charge for period

4,325

6,318

1,146

1,195

12,984

At 6th June 2025

83,347

124,562

23,160

19,910

250,979

NET BOOK VALUE

At 6th June 2025

99,480

145,325

17,186

6,493

268,484

At 31st December 2024

103,805

151,643

18,108

7,688

281,244

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1st January 2025

122,387

7,646

130,033

Disposals

(122,387

)

(7,646

)

(130,033

)

At 6th June 2025

-

-

-

DEPRECIATION

At 1st January 2025

31,364

2,812

34,176

Eliminated on disposal

(31,364

)

(2,812

)

(34,176

)

At 6th June 2025

-

-

-

NET BOOK VALUE

At 6th June 2025

-

-

-

At 31st December 2024

91,023

4,834

95,857

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

268

1,908

Amounts owed by group undertakings

-

20,000

Other debtors

52,782

13,855

53,050

35,763

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,622

9,627

Hire purchase contracts

-

23,551

Amounts owed to group undertakings

42,851

-

Taxation and social security

-

4,946

Other creditors

534,848

298,000

588,321

336,124

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

6,035

Hire purchase contracts

-

31,062

-

37,097

9.	OTHER FINANCIAL COMMITMENTS

The company has future operating lease commitments of £126,750 (2024: £134,875).

10.	RELATED PARTY DISCLOSURES

Beyond Dental Ltd

Claydon Cheltenham Ltd was controlled by the directors of Beyond Dental Ltd until their resignation on 4 June 2025.

Management services were purchased from Beyond Dental Ltd to the value of £36,743 (2024: £46,240). At the year end £Nil (2024: £Nil) was owed to Beyond Dental Ltd for these purchases.

During the previous year funds were loaned to Beyond Dental Limited and at the year end the company still owed £nil (2024: £20,000). No interest is being charged on the loan and no set repayment terms have been placed on it.

Beyond Leamington Ltd

Claydon Cheltenham Ltd was controlled by the directors of Beyond Leamington Ltd until the resignation on 4 June 2025.

Management services were purchased from Beyond Leamington Ltd to the value of £2,287 (2024: £7,932). At the year end £Nil (2024: £Nil) was owed to Beyond Leamington Ltd for these purchases.

Management services were sold to Beyond Leamington Ltd to the value of £nil (2024: £17,564). At the year end £Nil (2024: £Nil) was owed for these sales.

Beyond Solihull Ltd

Claydon Cheltenham Ltd was controlled by the directors of Beyond Solihull Ltd until the resignation on 4 June 2025.

Management services were sold to Beyond Solihull Ltd to the value of £2,287 (2024: £18,082). At the year end £Nil (2024 £Nil) was owed for these sales.

Xandercorp Ltd

Xandercorp Ltd is controlled by A J Ogden, a director of Claydon Cheltenham Ltd until 4 June 2025.

Consultancy services were purchased from Xandercorp Ltd to the value of £78,800 (2024: £131,800) At the year end £Nil (2024: £Nil) was owed to Xandercorp Ltd for these purchases.

McAleer Holdings Ltd

McAleer Holdings Ltd is controlled by G P McAleer, a director of Claydon Cheltenham Ltd until 4 June 2025.

Consultancy services were purchased from McAleer Holdings Ltd to the value of £66,694 (2024: £119,000). At the year end £Nil (2024: £Nil) was owed to McAleer Holdings Ltd for these purchases.

A J Ogden

A J Ogden was a director of Claydon Cheltenham Ltd until 4 June 2025.

During a previous year funds were loaned from A Ogden and at the year end the company still owed £nil (2024: £206). No interest was being charged on the loan.

G P McAleer

G P McAleer was a director of Claydon Cheltenham Ltd until 4 June 2025.

During a previous year funds were loaned from G P McAleer and at the year end the company still owed £nil (2024: £205). No interest was being charged on the loan.

11.	POST BALANCE SHEET EVENTS

Subsequent to the balance sheet date and prior to the approval of these financial statements, the Company's trade, assets and liabilities relating to its trading activities were transferred to its parent company as part of a group reorganisation. Following the transfer, the Company ceased trading and no longer undertakes trading activities in its own right.

The transfer occurred after the reporting date and therefore has not been reflected in the amounts recognised in these financial statements. The event is considered to be a non-adjusting event after the reporting period.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Envisage Dental UK Limited.

13.	GOING CONCERN

The financial statements have been prepared on a going concern basis.

Following the balance sheet date, the Company's trade was transferred to its parent company and the Company ceased trading. The directors have assessed the Company's future position and are satisfied that the Company will be able to meet its liabilities as they fall due through the financial support of its parent undertaking. Accordingly, the directors consider it appropriate to prepare the financial statements on the going concern basis.

The directors do not intend to place the Company into liquidation or otherwise cease its existence as a legal entity.