Suffolk Implant Centre Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07405584

Suffolk Implant Centre Limited

Filleted Unaudited Financial Statements

For the year ended

30 April 2025

Suffolk Implant Centre Limited

Statement of Financial Position

30 April 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Intangible assets	5	61,562	92,341
Tangible assets	6	99,754	134,522
Investments	7	868	672
		---------	---------
		162,184	227,535

Current assets

Stocks		1,875	1,875
Debtors	8	219,144	315,894
Cash at bank and in hand		6,709	16,406
		---------	---------
		227,728	334,175

Creditors: amounts falling due within one year	9	186,240		326,178
		---------		---------
Net current assets			41,488		7,997
			---------		---------
Total assets less current liabilities			203,672		235,532

Creditors: amounts falling due after more than one year	10		156,020		174,929

Provisions	23,599	32,249
	---------	---------
Net assets	24,053	28,354
	---------	---------

Capital and reserves

Called up share capital	10	10
Profit and loss account	24,043	28,344
	--------	--------
Shareholders funds	24,053	28,354
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 April 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Suffolk Implant Centre Limited

Statement of Financial Position (continued)

30 April 2025

These financial statements were approved by the board of directors and authorised for issue on 17 July 2026 , and are signed on behalf of the board by:

Dr K F Andersson

Director

Company registration number: 07405584

Suffolk Implant Centre Limited

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 64 High Street, Ixworth, Bury St Edmunds, IP31 2HJ, Suffolk.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	Amortised over 10 years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold improvements	-	2% straight line
Plant and machinery	-	20% reducing balance
Fixtures and fittings	-	25% reducing balance
Motor vehicles	-	25% reducing balance
Equipment	-	33% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 5 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 May 2024 and 30 April 2025	307,794
	---------
Amortisation
At 1 May 2024	215,453
Charge for the year	30,779
	---------
At 30 April 2025	246,232
	---------
Carrying amount
At 30 April 2025	61,562
	---------
At 30 April 2024	92,341
	---------

6. Tangible assets

	Leasehold improvements	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£	£
Cost
At 1 May 2024	5,655	187,880	13,519	45,975	745	253,774
Additions	–	1,611	( 700)	6,995	40	7,946
Disposals	–	( 26,422)	–	–	–	( 26,422)
	-------	---------	--------	--------	----	---------
At 30 Apr 2025	5,655	163,069	12,819	52,970	785	235,298
	-------	---------	--------	--------	----	---------
Depreciation
At 1 May 2024	226	93,562	4,942	20,114	408	119,252
Charge for the year	113	6,125	2,018	7,923	113	16,292
	-------	---------	--------	--------	----	---------
At 30 Apr 2025	339	99,687	6,960	28,037	521	135,544
	-------	---------	--------	--------	----	---------
Carrying amount
At 30 Apr 2025	5,316	63,382	5,859	24,933	264	99,754
	-------	---------	--------	--------	----	---------
At 30 Apr 2024	5,429	94,318	8,577	25,861	337	134,522
	-------	---------	--------	--------	----	---------

7. Investments

	Other investments other than loans
	£
Cost
At 1 May 2024	672
Additions	196
	----
At 30 April 2025	868
	----
Impairment
At 1 May 2024 and 30 April 2025	–
	----

Carrying amount
At 30 April 2025	868
	----
At 30 April 2024	672
	----

8. Debtors

	2025	2024
	£	£
Trade debtors	146	137,385
Other debtors	218,998	178,509
	---------	---------
	219,144	315,894
	---------	---------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	80,366	17,784
Trade creditors	1,707	22,460
Social security and other taxes	73,202	82,443
Associate creditor	–	136,887
Other creditors	30,965	66,604
	---------	---------
	186,240	326,178
	---------	---------

The bank loan is secured by way of a fixed and floating charge over the assets of the company.

10. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	156,020	174,929
	---------	---------

Included within creditors: amounts falling due after more than one year is an amount of £61,501 (2024: £103,790) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

The bank loan is secured by way of a fixed and floating charge over the assets of the company.

11. Directors' advances, credits and guarantees

During the year the company made joint advances to the directors. These amounts are repayable on demand and where appropriate in order to comply with the beneficial loan legislation interest has been charged on outstanding balances on a daily basis calculated at the HMRC official beneficial loan rate. Details of the advances, amounts repaid and outstanding balance at the year end are detailed below.

	2025	2024
	£	£
Advances	188,289	89,111
Repayments	181,386	74,183
Balance due to the company at the year end	61,305	54,402