Ramco Dental Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08557935

Ramco Dental Limited

Unaudited financial statements

31 July 2025

Ramco Dental Limited

Statement of financial position

31 July 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Intangible assets	5	66,918	269,821
Tangible assets	6	2,078,381	1,972,793
		-----------	-----------
		2,145,299	2,242,614

Current assets

Stocks		35,000	35,000
Debtors	7	1,998,300	2,075,549
Cash at bank and in hand		253,712	345,106
		-----------	-----------
		2,287,012	2,455,655

Creditors: Amounts falling due within one year	8	( 2,425,824)		( 2,865,800)
		-----------		-----------
Net current liabilities			( 138,812)		( 410,145)
			-----------		-----------
Total assets less current liabilities			2,006,487		1,832,469

Creditors: Amounts falling due after more than one year	9		( 1,058,960)		( 1,400,508)

Provisions

Taxation including deferred tax	( 181,794)	( 161,527)
	-----------	-----------
Net assets	765,733	270,434
	-----------	-----------

Capital and reserves

Called up share capital	300	300
Share premium account	19	–
Profit and loss account	765,414	270,134
	---------	---------
Shareholders funds	765,733	270,434
	---------	---------

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.

Director's 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Ramco Dental 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 A R Patel
Director

Company registration number: 08557935

Ramco Dental 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 places of business are 19 Battersea Rise, London SW11 1HG, 88 Manor Park Road, West Wickham, Kent, BR4 0JZ and 1 Beckenham Road, West Wickham, Kent, BR4 0QR.

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.

Judgements and key sources of estimation uncertainty

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows: Amortisation of goodwill is estimated over 10 years. The carrying value at the year end was £60,668 (2024: £262,321).

Revenue recognition

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

Income tax

Provision is made, under the liability method, to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Operating leases

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against income on a straight line basis over the period of the lease.

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.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

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	-	10% straight line
Website	-	10% 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.

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	-	10% straight line
Leasehold property	-	10% straight line
Fixtures and fittings	-	15% reducing balance
Equipment	-	33% straight line

The directors have assessed the estimated remaining useful economic life of the freehold property and its expected residual value and consider depreciation to be immaterial and therefore no charge has been made.

Stocks

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

Hire purchase contracts

Assets held under hire purchase contract are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the income statement on a reducing balance basis .

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against income on a straight line basis over the period of the lease.

Defined contribution pension

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

4. Employee numbers

The average number of employees during the year was 42 (2024: 42 ).

5. Intangible assets

	Goodwill	Website costs	Total
	£	£	£
Cost
At 1 August 2024 and 31 July 2025	4,939,092	12,500	4,951,592
	-----------	-------	-----------
Amortisation
At 1 August 2024	4,676,771	5,000	4,681,771
Charge for the year	201,653	1,250	202,903
	-----------	-------	-----------
At 31 July 2025	4,878,424	6,250	4,884,674
	-----------	-------	-----------
Carrying amount
At 31 July 2025	60,668	6,250	66,918
	-----------	-------	-----------
At 31 July 2024	262,321	7,500	269,821
	-----------	-------	-----------

6. Tangible assets

	Freehold property	Long leasehold property	Fixtures and fittings	Equipment	Total
	£	£	£	£	£
Cost
At 1 August 2024	1,388,286	160,063	938,420	39,069	2,525,838
Additions	32,651	–	210,779	948	244,378
	-----------	---------	-----------	-------	-----------
At 31 July 2025	1,420,937	160,063	1,149,199	40,017	2,770,216
	-----------	---------	-----------	-------	-----------
Depreciation
At 1 August 2024	55,123	6,340	455,502	36,080	553,045
Charge for the year	28,417	3,170	104,030	3,173	138,790
	-----------	---------	-----------	-------	-----------
At 31 July 2025	83,540	9,510	559,532	39,253	691,835
	-----------	---------	-----------	-------	-----------
Carrying amount
At 31 July 2025	1,337,397	150,553	589,667	764	2,078,381
	-----------	---------	-----------	-------	-----------
At 31 July 2024	1,333,163	153,723	482,918	2,989	1,972,793
	-----------	---------	-----------	-------	-----------

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:

	Fixtures and fittings
	£
At 31 July 2025	141,999
	---------
At 31 July 2024	63,070
	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	60,518	120,333
Amounts owed by group undertakings and undertakings in which the company has a participating interest	1,591,038	–
Other debtors	346,744	1,955,216
	-----------	-----------
	1,998,300	2,075,549
	-----------	-----------

8. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	337,857	311,855
Trade creditors	322,946	95,379
Amounts owed to group undertakings and undertakings in which the company has a participating interest	1,051,169	–
Social security and other taxes	127,793	104,362
Other creditors	586,059	2,354,204
	-----------	-----------
	2,425,824	2,865,800
	-----------	-----------

Included in other creditors is an amount of £56,319 (2024: £27,059) for hire purchase liabilities which are secured on the assets concerned.

The loan is secured on the property concerned and its fixtures.

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

	2025	2024
	£	£
Bank loans and overdrafts	989,872	1,353,781
Other creditors	69,088	46,727
	-----------	-----------
	1,058,960	1,400,508
	-----------	-----------

Included in other creditors is an amount of £69,088 (2024: £46,727) for hire purchase liabilities which are secured on the assets concerned.

Included within creditors: amounts falling due after more than one year is an amount of £411,458 (2024: £471,636) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

The loan is secured on the property concerned and its fixtures.

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	37,667	45,200
Later than 1 year and not later than 5 years	–	37,666
	-------	-------
	37,667	82,866
	-------	-------

11. Director's advances, credits and guarantees

During the year, Dr A R Patel, a shareholder of the company, operated a loan account with the company at HM Revenue & Customs approved interest rate. At the year end Dr A R Patel owed the company £135,445 (2024: £407,727).

12. Related party transactions

The company loaned money to Ramco (Harlow) Pension Scheme. At the year end the company has a balance owed from the Pension scheme of £nil (2024: £199,998). Ramco Topco Limited was incorporated in Jersey on 14 October 2024 and is the ultimate parent of Ramco Dental Limited . The balance owing from Ramco Topco Limited to Ramco Dental Limited at the year end was £407,727 (2024: nil). The balance owing from Ani Dental Clinic Limited to Ramco Dental Limited at the year end was £1,147,989 (2024: £1,065,060). Ani Dental Clinic Limited is a member of the group ultimately owned by Ramco Topco Limited. The balance owing from Denclean Dental Practice Limited to Ramco Dental Limited at the year end was £35,322 (2024: £35,322). Denclean Dental Practice Limited is a member of the group ultimately owned by Ramco Topco Limited. The balance owed to Ramco Dental Limited from Ramco (Harlow) Limited at the year end was £1,049,977 (2024:£1,800,373). Ramco (Harlow) 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 £1,192 (2024:£1,262). Pageprop Limited is a member of the group ultimately owned by Ramco Topco Limited.