4A Dental Surgery Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06956169 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2019

for

4A Dental Surgery Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

144,650

157,800

Tangible assets

5

2,003

-

146,653

157,800

CURRENT ASSETS

Debtors

6

1,669

5,178

Cash at bank

3,265

-

4,934

5,178

CREDITORS

Amounts falling due within one year

7

(31,361

)

(43,160

)

NET CURRENT LIABILITIES

(26,427

)

(37,982

)

TOTAL ASSETS LESS CURRENT LIABILITIES

120,226

119,818

PROVISIONS FOR LIABILITIES

(381

)

-

NET ASSETS

119,845

119,818

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

119,843

119,816

SHAREHOLDERS' FUNDS

119,845

119,818

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 3 December 2019 and were signed by:

J A Booth - Director

1.	COMPANY INFORMATION

4A Dental Surgery Ltd is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address are as below:

Registered number:

06956169

Registered office:

49 Peter Street

Manchester

M2 3NG

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the director is required to make

judgements, estimates and assumptions about the carrying amount of assets and liabilities

that are not readily apparent from other sources. The estimates and associated assumptions

are based on historical experience and other factors that are considered to be relevant.

Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to

accounting estimates are recognised in the period in which the estimate is revised where the

revision affects only that period, or in the period of the revision and future periods where the

revision affects both current and future periods.

There have been no critical judgements, estimates or assumptions made in the preparation

of these 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.

Revenue from the provision of professional services is recognised on delivery of the service.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, 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

Tangible Fixed assets are initially measured at cost and subsequently measured at cost or

valuation, net of depreciation and any impairment loss.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual

values over their useful lives on the following basis:

Fixtures and Fittings - 25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between

the sale proceeds and the carrying value of the asset, and is credited or charged to the profit

or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement

of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2018

and 31 March 2019

263,000

AMORTISATION

At 1 April 2018

105,200

Amortisation for year

13,150

At 31 March 2019

118,350

NET BOOK VALUE

At 31 March 2019

144,650

At 31 March 2018

157,800

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2018

1,912

Additions

2,671

At 31 March 2019

4,583

DEPRECIATION

At 1 April 2018

1,912

Charge for year

668

At 31 March 2019

2,580

NET BOOK VALUE

At 31 March 2019

2,003

At 31 March 2018

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

1,247

4,998

Other debtors

180

180

Directors' current accounts

242

-

1,669

5,178

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Bank loans and overdrafts

-

9,624

Trade creditors

2,112

917

Tax

28,513

31,117

Directors' current accounts

-

172

Accrued expenses

736

1,330

31,361

43,160

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

1

Ordinary A

£1

1

2

1

Ordinary B

£1

1

-

2

2

The A Shares confer on the holders the right to vote upon any resolution proposed at any

general meeting of the company.

The B Shares do not confer on the holders the right to vote upon any resolution proposed at

any general meeting of the company.

The A and B Shares rank pari passu in respect of dividend and capital distribution rights

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended

31 March 2019 and 31 March 2018:

2019

2018

£

£

J A Booth

Balance outstanding at start of year

172

971

Amounts advanced

211,569

244,605

Amounts repaid

(211,983

)

(245,404

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(242

)

172

The loan is repayable on demand and no interest was charged during the year.

10.

CONTROL

The ultimate controlling party is Dr Booth by virtue of holding 100% of the voting share

capital.