Pageprop Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04436599

Pageprop Limited

Unaudited financial statements

31 July 2025

Pageprop Limited

Statement of financial position

31 July 2025

	2025		2024
			(restated)
Note	£	£	£	£

Fixed assets

Intangible assets	5	417,772	449,901
Tangible assets	6	1,135,995	1,099,707
		-----------	-----------
		1,553,767	1,549,608

Current assets

Stocks		5,000	5,000
Debtors	7	2,044,161	1,792,465
Cash at bank and in hand		198,076	81,216
		-----------	-----------
		2,247,237	1,878,681

Creditors: Amounts falling due within one year	8	( 2,329,720)		( 1,868,255)
		-----------		-----------
Net current (liabilities)/assets			( 82,483)		10,426
			-----------		-----------
Total assets less current liabilities			1,471,284		1,560,034

Creditors: Amounts falling due after more than one year	9		( 1,342,012)		( 1,400,647)

Provisions

Taxation including deferred tax	( 24,776)	( 14,448)
	-----------	-----------
Net assets	104,496	144,939
	-----------	-----------

Capital and reserves

Called up share capital	102	102
Share premium account	35	–
Profit and loss account	104,359	144,837
	---------	---------
Shareholders funds	104,496	144,939
	---------	---------

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 comprehensive income has not been delivered.

For the year ending 31 July 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 .

Pageprop Limited

Statement of financial position (continued)

31 July 2025

These financial statements were approved by the board of directors and authorised for issue on 31 July 2026 , and are signed on behalf of the board by:

Dr D Patel	Dr R Patel
Director	Director

Company registration number: 04436599

Pageprop Limited

Notes to the financial statements

Year ended 31 July 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 Sixty Six North Quay, Great Yarmouth, Norfolk, NR30 1HE. The company's place of business is Iffley Dental Practice, 2 Rose Hill, Iffley, OX4 4HS.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

No significant judgements, estimations and uncertainies have arisen in the preparation of the financial statements .

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

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.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

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	-	5% straight line

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. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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:

Freehold property	-	2% straight line
Plant and machinery	-	15% reducing balance
Equipment	-	33% straight line

Stocks

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

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.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of employees during the year was 11 (2024: 12 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 August 2024 (as restated) and 31 July 2025	642,589
	---------
Amortisation
At 1 August 2024	192,688
Charge for the year	32,129
	---------
At 31 July 2025	224,817
	---------
Carrying amount
At 31 July 2025	417,772
	---------
At 31 July 2024	449,901
	---------

6. Tangible assets

	Freehold property	Plant and machinery	Equipment	Total
	£	£	£	£
Cost
At 1 August 2024 (as restated)	1,085,329	91,284	1,793	1,178,406
Additions	16,968	58,377	636	75,981
	-----------	---------	------	-----------
At 31 July 2025	1,102,297	149,661	2,429	1,254,387
	-----------	---------	------	-----------
Depreciation
At 1 August 2024	43,414	33,998	1,287	78,699
Charge for the year	21,990	17,175	528	39,693
	-----------	---------	------	-----------
At 31 July 2025	65,404	51,173	1,815	118,392
	-----------	---------	------	-----------
Carrying amount
At 31 July 2025	1,036,893	98,488	614	1,135,995
	-----------	---------	------	-----------
At 31 July 2024	1,041,915	57,286	506	1,099,707
	-----------	---------	------	-----------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Plant and machinery
	£
At 31 July 2025	43,705
	-------
At 31 July 2024	–
	-------

7. Debtors

	2025	2024
		(restated)
	£	£
Trade debtors	56,020	–
Amounts owed by group undertakings and undertakings in which the company has a participating interest	1,258,504	–
Other debtors	729,637	1,792,465
	-----------	-----------
	2,044,161	1,792,465
	-----------	-----------

8. Creditors: Amounts falling due within one year

	2025	2024
		(restated)
	£	£
Bank loans	50,898	43,161
Trade creditors	35,332	13,707
Amounts owed to group undertakings and undertakings in which the company has a participating interest	1,411,070	–
Social security and other taxes	50,952	43,296
Other creditors	781,468	1,768,091
	-----------	-----------
	2,329,720	1,868,255
	-----------	-----------

The bank loans are secured on the assets of the company.

9. Creditors: Amounts falling due after more than one year

	2025	2024
		(restated)
	£	£
Bank loans	1,342,012	1,400,647
	-----------	-----------

Included within creditors: amounts falling due after more than one year is an amount of £1,138,421 (2024: £1,228,000) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

10. Prior period adjustments

Balances previously recognised as 'Cash at bank and in hand' have been determined to be 'Other debtors'. This has now been amended and restated in the 2024 comparative figures.

11. Directors' advances, credits and guarantees

Iffley Dental Practice, a partnership between Dr D Patel and Dr R Patel , owed the company £599,238 as at 31 July 2025, (2024: £793,506).

12. Related party transactions

Ramco Topco Limited was incorporated in Jersey on 14 October 2024 and is the ultimate parent of Pageprop Limited . The balance owing from Ramco Topco Limited to Pageprop Limited at the year end was £1,257,313 (2024: nil). The balance owed to Denclean Dental Practice Limited from Pageprop Limited at the year end was £509,760 (2024:£502,362). Denclean Dental Practice Limited is a member of the group ultimately owned by Ramco Topco Limited The balance owed to Ramco (Harlow) Limited from Pageprop Limited at the year end was £501,210 (2024: £501,245). Ramco (Harlow) Limited is a member of the group ultimately owned by Ramco Topco Limited The balance owed from Ani Dental Clinic Limited to Pageprop Limited at the year end was £400,100 (2024:£400,100). Ani Dental Clinic Limited is a member of the group ultimately owned by Ramco Topco Limited. The balance owed to Ramco Dental Limited from Pageprop Limited at the year end was £1,191 (2024:£1,261). Ramco Dental Limited is a member of the group ultimately owned by Ramco Topco Limited