REGISTERED NUMBER: 07532003 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Paddington Dental Partnership Limited

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTOR:

Dr B S Sidhu

SECRETARY:

Dr A K Sidhu

REGISTERED OFFICE:

Forgans

Bagshot Road

Chobham

Surrey

GU24 8SJ

REGISTERED NUMBER:

07532003 (England and Wales)

ACCOUNTANTS:

M S Aulak Bsc CIPFA FCCA

Chartered Certified Accountant

25 Coolgardie Avenue

Chigwell

Essex

IG7 5AX

The director presents his report with the financial statements of the company for the year ended 31 January 2026.

COMMENCEMENT OF TRADING

On 1st March 2025 the company recommenced trading after acquiring the entire dental practice business.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of was that of a dental practice.

DIRECTOR

Dr B S Sidhu held office during the whole of the period from 1 February 2025 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Dr A K Sidhu - Secretary

17 September 2026

TURNOVER

1,213,724

-

Cost of sales

135,844

-

GROSS PROFIT

1,077,880

-

Distribution costs

318,580

-

Administrative expenses

605,265

373

923,845

373

OPERATING PROFIT/(LOSS)

4

154,035

(373

)

Interest payable and similar expenses

10,166

-

PROFIT/(LOSS) BEFORE TAXATION

143,869

(373

)

Tax on profit/(loss)

-

-

PROFIT/(LOSS) FOR THE FINANCIAL YEAR

143,869

(373

)

FIXED ASSETS

Intangible assets

5

800,000

-

Tangible assets

6

24,791

-

824,791

-

CURRENT ASSETS

Stocks

5,100

-

Debtors

7

5,381

-

Cash at bank

48,382

-

58,863

-

CREDITORS

Amounts falling due within one year

8

812,710

160,065

NET CURRENT LIABILITIES

(753,847

)

(160,065

)

TOTAL ASSETS LESS CURRENT LIABILITIES

70,944

(160,065

)

CREDITORS

Amounts falling due after more than one year

9

86,640

-

NET LIABILITIES

(15,696

)

(160,065

)

CAPITAL AND RESERVES

Called up share capital

500

-

Retained earnings

(16,196

)

(160,065

)

(15,696

)

(160,065

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 17 September 2026 and were signed by:

Dr B S Sidhu - Director

1.	STATUTORY INFORMATION

Paddington Dental Partnership 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 2025, is being amortised evenly over its estimated useful life of nil 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 etc

-

20% on reducing balance

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 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 NIL (2025 - NIL).

4.	OPERATING PROFIT/(LOSS)

The operating profit (2025 - operating loss) is stated after charging:

Period

29.2.24

Year Ended

to

31.1.26

31.1.25

£

£

Depreciation - owned assets

5,563

-

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

800,000

At 31 January 2026

800,000

NET BOOK VALUE

At 31 January 2026

800,000

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

30,354

At 31 January 2026

30,354

DEPRECIATION

Charge for year

5,563

At 31 January 2026

5,563

NET BOOK VALUE

At 31 January 2026

24,791

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

4,138

-

Other debtors

1,243

-

5,381

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

17,190

4

Hire purchase contracts

9,427

-

Trade creditors

69,363

(1

)

Taxation and social security

2,552

-

Other creditors

714,178

160,062

812,710

160,065

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans

86,640

-

10.	RELATED PARTY DISCLOSURES

On the 1st March 2025 the company acquired the entire business from High Brooms dental clinic in which Dr B S Sidhu was a partner. This was a normal commercial transaction.