Glenn Thelwell & Associates Dental Care - Accounts to registrar (filleted)

REGISTERED NUMBER: 08939234 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

GLENN THELWELL & ASSOCIATES

DENTAL CARE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

V Orliaklis

E Pappa

REGISTERED OFFICE:

The Old Workshop

1 Ecclesall Road South

Sheffield

South Yorkshire

S11 9PA

REGISTERED NUMBER:

08939234 (England and Wales)

ACCOUNTANTS:

Brown McLeod Limited

Chartered Accountants

The Old Workshop

1 Ecclesall Road South

Sheffield

South Yorkshire

S11 9PA

FIXED ASSETS

Intangible assets

4

839,725

944,258

Tangible assets

5

210,773

22,479

1,050,498

966,737

CURRENT ASSETS

Debtors

6

1,192,734

723,101

Cash at bank

940,666

303,024

2,133,400

1,026,125

CREDITORS

Amounts falling due within one year

7

1,014,997

637,389

NET CURRENT ASSETS

1,118,403

388,736

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,168,901

1,355,473

CREDITORS

Amounts falling due after more than one year

8

-

(2,613

)

PROVISIONS FOR LIABILITIES

(52,693

)

-

NET ASSETS

2,116,208

1,352,860

CAPITAL AND RESERVES

Called up share capital

200

Retained earnings

2,116,008

1,352,660

2,116,208

1,352,860

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 13 July 2026 and were signed on its behalf by:

V Orliaklis - Director

1.	STATUTORY INFORMATION

Glenn Thelwell & Associates Dental Care 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.

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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty years.

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of twenty 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Taxation

Taxation for the year 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 year 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.

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 year was 16 (2025 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

2,090,667

AMORTISATION

At 1 April 2025

1,146,409

Charge for year

104,533

At 31 March 2026

1,250,942

NET BOOK VALUE

At 31 March 2026

839,725

At 31 March 2025

944,258

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 April 2025

56,380

20,488

9,071

85,939

Additions

240,987

-

240,987

At 31 March 2026

297,367

20,488

9,071

326,926

DEPRECIATION

At 1 April 2025

39,552

16,341

7,567

63,460

Charge for year

51,563

829

301

52,693

At 31 March 2026

91,115

17,170

7,868

116,153

NET BOOK VALUE

At 31 March 2026

206,252

3,318

1,203

210,773

At 31 March 2025

16,828

4,147

1,504

22,479

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

197,680

103,587

Other debtors

995,054

619,514

1,192,734

723,101

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts

2,637

10,451

Trade creditors

191

Taxation and social security

244,895

118,992

Other creditors

767,274

507,755

1,014,997

637,389

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.26

31.3.25

£

Bank loans

-

2,613

9.	PENSION COMMITMENTS

As at 31st March 2026 there were outstanding pension commitments of £800.58 (2025 - £525.33).