Royal Mews Dental Practice Limited - Accounts to registrar (filleted)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Royal Mews Dental Practice Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N G Fraser

SECRETARY:

Mrs C M Fraser

REGISTERED OFFICE:

146 High Street

Billericay

Essex

CM12 9DF

REGISTERED NUMBER:

07940358 (England and Wales)

ACCOUNTANTS:

Michael Letch & Partners LLP

Accountants

146 High Street

Billericay

Essex

CM12 9DF

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

120,015

153,183

120,015

153,183

CURRENT ASSETS

Stocks

25,125

22,260

Debtors

6

36,993

68,959

Cash at bank

50,714

44,583

112,832

135,802

CREDITORS

Amounts falling due within one year

7

157,565

169,155

NET CURRENT LIABILITIES

(44,733

)

(33,353

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

75,282

119,830

CREDITORS

Amounts falling due after more than one
year

8

(48,271

)

(89,625

)

PROVISIONS FOR LIABILITIES

(26,829

)

(29,815

)

NET ASSETS

182

390

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

82

290

SHAREHOLDERS' FUNDS

182

390

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 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 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 director and authorised for issue on 5 October 2026 and were signed by:

N G Fraser - Director

1.	STATUTORY INFORMATION

Royal Mews Dental Practice 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.

Going concern

After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, the director continues to adopt the going concern basis in preparing the financial statements.

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 2012, is being amortised evenly over its estimated useful life of ten 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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

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 17 (2025 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

109,444

AMORTISATION

At 1 April 2025

and 31 March 2026

109,444

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 April 2025

345,572

18,600

22,817

386,989

Additions

6,654

-

1,783

8,437

At 31 March 2026

352,226

18,600

24,600

395,426

DEPRECIATION

At 1 April 2025

199,620

13,800

20,386

233,806

Charge for year

38,152

1,200

2,253

41,605

At 31 March 2026

237,772

15,000

22,639

275,411

NET BOOK VALUE

At 31 March 2026

114,454

3,600

1,961

120,015

At 31 March 2025

145,952

4,800

2,431

153,183

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Directors' loan accounts

17,393

49,531

Tax

16,341

Prepayments

3,259

3,087

36,993

68,959

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

3,183

19,092

Hire purchase contracts

42,906

43,530

Trade creditors

52,761

54,083

Tax

26,011

20,453

Social security and other taxes

5,326

5,611

Other creditors

1,199

1,033

Accrued expenses

26,179

25,353

157,565

169,155

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans - 1-2 years

-

3,182

Hire purchase contracts

48,271

86,443

48,271

89,625