4
false
false
false
false
false
false
false
false
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true
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false
false
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No description of principal activity
2020-02-01
Sage Accounts Production Advanced 2020 - FRS102_2019
177,897
177,897
177,897
xbrli:pure
xbrli:shares
iso4217:GBP
12382179
2020-02-01
2021-01-31
12382179
2021-01-31
12382179
core:PlantMachinery
2020-02-01
2021-01-31
12382179
core:NetGoodwill
2020-02-01
2021-01-31
12382179
bus:Director1
2020-02-01
2021-01-31
12382179
core:WithinOneYear
2021-01-31
12382179
core:LandBuildings
core:OwnedOrFreeholdAssets
2021-01-31
12382179
core:PlantMachinery
2021-01-31
12382179
core:LandBuildings
core:OwnedOrFreeholdAssets
2020-02-01
2021-01-31
12382179
core:AfterOneYear
2021-01-31
12382179
core:ShareCapital
2021-01-31
12382179
core:RetainedEarningsAccumulatedLosses
2021-01-31
12382179
core:NetGoodwill
2021-01-31
12382179
bus:SmallEntities
2020-02-01
2021-01-31
12382179
bus:AuditExemptWithAccountantsReport
2020-02-01
2021-01-31
12382179
bus:FullAccounts
2020-02-01
2021-01-31
12382179
bus:SmallCompaniesRegimeForAccounts
2020-02-01
2021-01-31
12382179
bus:PrivateLimitedCompanyLtd
2020-02-01
2021-01-31
12382179
core:KeyManagementPersonnel
2021-01-31
12382179
core:KeyManagementPersonnel
2020-02-01
2021-01-31
COMPANY REGISTRATION NUMBER:
12382179
BEVERLEY HOUSE DENTAL PRACTICE LIMITED
|
|
FILLETED UNAUDITED FINANCIAL STATEMENTS
|
|
BEVERLEY HOUSE DENTAL PRACTICE LIMITED
|
|
STATEMENT OF FINANCIAL POSITION
|
|
31 January 2021
FIXED ASSETS
Intangible assets
|
5
|
|
177,897
|
Tangible assets
|
6
|
|
215,461
|
|
|
----------
|
|
|
393,358
|
|
|
|
|
CURRENT ASSETS
Stocks
|
13,500
|
|
Debtors
|
7
|
5,573
|
|
Cash at bank and in hand
|
8,326
|
|
|
--------
|
|
|
27,399
|
|
|
|
|
|
CREDITORS: amounts falling due within one year
|
8
|
91,618
|
|
|
--------
|
|
NET CURRENT LIABILITIES
|
|
64,219
|
|
|
----------
|
TOTAL ASSETS LESS CURRENT LIABILITIES
|
|
329,139
|
|
|
|
|
CREDITORS: amounts falling due after more than one year
|
9
|
|
311,404
|
|
|
|
|
PROVISIONS
|
|
6,318
|
|
|
----------
|
NET ASSETS
|
|
11,417
|
|
|
----------
|
|
|
|
CAPITAL AND RESERVES
Called up share capital
|
|
100
|
Profit and loss account
|
|
11,317
|
|
|
--------
|
SHAREHOLDERS FUNDS
|
|
11,417
|
|
|
--------
|
|
|
|
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 period ending 31 January 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
BEVERLEY HOUSE DENTAL PRACTICE LIMITED
|
|
STATEMENT OF FINANCIAL POSITION (continued)
|
|
31 January 2021
These financial statements were approved by the
board of directors
and authorised for issue on
20 December 2021
, and are signed on behalf of the board by:
Company registration number:
12382179
BEVERLEY HOUSE DENTAL PRACTICE LIMITED
|
|
NOTES TO THE FINANCIAL STATEMENTS
|
|
PERIOD ENDED 31 JANUARY 2021
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Beverley Road, Hessle, England, HU13 9AE.
2.
STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
ACCOUNTING POLICIES
(a)
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.
(b)
Revenue recognition
The revenue shown in the profit and loss account represents income receivable from dental treatments carried out during the period. Revenue in respect of dental treatment uncompleted at the year end date is recognised by reference to the stage of completion.
(c)
Current & deferred tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
(d)
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.
(e)
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
(f)
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:
|
Plant and machinery
|
-
|
20% reducing balance
|
|
|
|
|
(g)
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
(h)
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
(i)
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
(j)
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
(k)
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4.
EMPLOYEE NUMBERS
The average number of persons employed by the company during the period amounted to
4
.
5.
INTANGIBLE ASSETS
|
Goodwill
|
|
£
|
Cost
|
|
Additions
|
177,897
|
|
----------
|
At 31 January 2021
|
177,897
|
|
----------
|
Amortisation
|
|
At 1 February 2020 and 31 January 2021
|
–
|
|
----------
|
Carrying amount
|
|
At 31 January 2021
|
177,897
|
|
----------
|
|
|
6.
TANGIBLE ASSETS
|
Freehold property
|
Plant and machinery
|
Total
|
|
£
|
£
|
£
|
Cost
|
|
|
|
At 1 February 2020
|
–
|
–
|
–
|
Additions
|
182,211
|
35,000
|
217,211
|
|
----------
|
--------
|
----------
|
At 31 January 2021
|
182,211
|
35,000
|
217,211
|
|
----------
|
--------
|
----------
|
Depreciation
|
|
|
|
At 1 February 2020
|
–
|
–
|
–
|
Charge for the period
|
–
|
1,750
|
1,750
|
|
----------
|
--------
|
----------
|
At 31 January 2021
|
–
|
1,750
|
1,750
|
|
----------
|
--------
|
----------
|
Carrying amount
|
|
|
|
At 31 January 2021
|
182,211
|
33,250
|
215,461
|
|
----------
|
--------
|
----------
|
|
|
|
|
7.
DEBTORS
|
2021
|
|
£
|
Trade debtors
|
5,573
|
|
-------
|
|
|
8.
CREDITORS:
amounts falling due within one year
|
2021
|
|
£
|
Bank loans and overdrafts
|
11,483
|
Payments received on account
|
519
|
Trade creditors
|
15,399
|
Amounts owed to group undertakings
|
56,990
|
Accruals and deferred income
|
2,816
|
Social security and other taxes
|
70
|
Directors current account
|
2,406
|
Other creditors
|
1,935
|
|
--------
|
|
91,618
|
|
--------
|
|
|
9.
CREDITORS:
amounts falling due after more than one year
|
2021
|
|
£
|
Bank loans and overdrafts
|
311,404
|
|
----------
|
|
|
10.
COVID-19 NOTE
In March 2020 the UK was impacted by the outbreak of Covid-19. The Government imposed significant restrictions at that time in an effort to manage the spread of the virus which resulted in the company having to review and change its working practices to ensure compliance with these restrictions. Despite all of this, the company has traded profitably in the period to date.
11.
RELATED PARTY TRANSACTIONS
During the year, the directors loaned the company £
2,406
. This loan is interest free and repayable upon demand.