REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 August 2021 |
|
for |
|
Aesthetic Dental Implants Team Limited |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 August 2021 |
|
for |
|
Aesthetic Dental Implants Team Limited |
Aesthetic Dental Implants Team Limited (Registered number: 09737522) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 31 August 2021 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
Aesthetic Dental Implants Team Limited |
|
Company Information |
for the Year Ended 31 August 2021 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
ACCOUNTANTS: |
|
Unit 3 Cedar Court |
1 Royal Oak Yard |
London |
SE1 3GA |
|
|
|
BANKERS: |
|
281 Chiswick High Road |
London |
W4 4HJ |
Aesthetic Dental Implants Team Limited (Registered number: 09737522) |
|
Balance Sheet |
31 August 2021 |
|
31.8.21 | 31.8.20 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
|
|
|
CURRENT ASSETS |
Stocks |
|
|
Debtors | 5 |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 6 |
|
|
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one
year |
7 |
|
|
NET LIABILITIES | ( |
) | ( |
) |
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Retained earnings | ( |
) | ( |
) |
( |
) | ( |
) |
|
|
|
|
|
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. |
Aesthetic Dental Implants Team Limited (Registered number: 09737522) |
|
Balance Sheet - continued |
31 August 2021 |
|
|
|
|
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
|
|
|
|
|
|
|
|
Aesthetic Dental Implants Team Limited (Registered number: 09737522) |
|
Notes to the Financial Statements |
for the Year Ended 31 August 2021 |
|
1. | STATUTORY INFORMATION |
|
Aesthetic Dental Implants Team Limited is a
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Turnover |
Fees receivable is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
|
Tangible fixed assets |
|
Leasehold premises | - |
|
Improvements to premises | - |
|
Surgery equipment | - |
|
Fixtures and fittings | - |
|
Computer equipment | - |
|
|
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
|
Taxation |
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. |
|
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
|
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. |
|
Leases |
Rentals payable under operating leases, including any lease incentives received, are charged to income on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease asset are consumed. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
Aesthetic Dental Implants Team Limited (Registered number: 09737522) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2021 |
|
4. | TANGIBLE FIXED ASSETS |
Improvements |
Leasehold | to | Surgery |
premises | premises | equipment |
£ | £ | £ |
COST |
At 1 September 2020 |
|
|
|
Additions |
|
|
|
At 31 August 2021 |
|
|
|
DEPRECIATION |
At 1 September 2020 |
|
|
|
Charge for year |
|
|
|
At 31 August 2021 |
|
|
|
NET BOOK VALUE |
At 31 August 2021 |
|
|
|
At 31 August 2020 |
|
|
|
|
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
At 1 September 2020 |
|
|
|
Additions |
|
|
|
At 31 August 2021 |
|
|
|
DEPRECIATION |
At 1 September 2020 |
|
|
|
Charge for year |
|
|
|
At 31 August 2021 |
|
|
|
NET BOOK VALUE |
At 31 August 2021 |
|
|
|
At 31 August 2020 |
|
|
|
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.8.21 | 31.8.20 |
£ | £ |
Trade debtors |
|
|
Rent deposit |
|
|
Prepayments |
|
|
|
|
Aesthetic Dental Implants Team Limited (Registered number: 09737522) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2021 |
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.8.21 | 31.8.20 |
£ | £ |
Bank loans and overdrafts (see note 8) |
|
|
Trade creditors |
|
|
Associate fees control | 4,028 | 1,873 |
Social security and other taxes |
|
|
Pension control | 274 | 242 |
Wages control account | 1,252 | - |
Other creditors |
|
|
Directors' current accounts | 216,636 | 21,203 |
Accrued expenses |
|
|
|
|
|
7. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
31.8.21 | 31.8.20 |
£ | £ |
Bank loans (see note 8) |
|
|
Directors' loan accounts | 1,150,044 | 1,150,044 |
|
|
|
8. | LOANS |
|
An analysis of the maturity of loans is given below: |
|
31.8.21 | 31.8.20 |
£ | £ |
Amounts falling due within one year or on demand: |
Bank overdrafts |
|
|
Santander loan |
|
|
Sabadell loan | 16,674 | 16,674 |
|
|
|
Amounts falling due between two and five years: |
Santander loan |
|
|
Sabadell loan | 22,906 | 44,865 |
|
|
Aesthetic Dental Implants Team Limited (Registered number: 09737522) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2021 |
|
9. | OPERATING LEASE |
|
Minimum lease payments under non-cancellable operating leases fall due as follows: |
31.8.21 | 31.8.20 |
£ | £ |
Within one year |
|
|
Between one and five years |
|
|
In more than five years |
|
|
|
|
|
10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
|
The following advances and credits to a director subsisted during the years ended 31 August 2021 and 31 August 2020: |
|
31.8.21 | 31.8.20 |
£ | £ |
|
Balance outstanding at start of year | ( |
) | ( |
) |
Amounts advanced |
|
|
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year | ( |
) | ( |
) |
|
11. | RELATED PARTY DISCLOSURES |
|
The company was under the control of Mr Ramon Martinez Corria, a director and members of his close family throughout the current and previous year. Mr Martinez Corria is personally interested in 66.67% (2020-66.67%) of the company's share capital. In addition, his spouse controls in aggregate a further 33.33% (2020-33.33%) of the company's issued share capital. |
|
12. | GOING CONCERN |
|
At the balance sheet date, the company's liabilities exceeded its assets by £1,012,125. The day to day operations of the company is dependent upon the continuing support of its director and creditors. On the basis that this support continues, the director considers that it is appropriate to prepare the financial statements on a going concern basis. |