River Dental Care Limited - Period Ending 2018-03-31

Registration number: 08030181

River Dental Care Limited

Annual Report and Unaudited Financial Statements

for the Period from 22 July 2017 to 31 March 2018

River Dental Care Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 3

River Dental Care Limited

(Registration number: 08030181)
Balance Sheet as at 31 March 2018

	Note	2018 £	2017 £
Current assets
Debtors	3	-	60,514
Capital and reserves
Called up share capital		100	100
Profit and loss account		(100)	60,414
Total equity		-	60,514

For the financial period ending 31 March 2018 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 accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 19 December 2018 and signed on its behalf by:
 

.........................................

S Turton
Director

The notes on pages 2 to 3 form an integral part of these financial statements.

Page 1

River Dental Care Limited

Notes to the Financial Statements for the Period from 22 July 2017 to 31 March 2018

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Easton Manor
Easton Royal
Pewsey
Wiltshire
SN9 5LZ

These financial statements were authorised for issue by the Board on 19 December 2018.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The parent company has provided a guarantee under section 479C of the Companies Act 2006 which has the effect that the parent undertaking guarantees all outstanding liabilities to which the company is subject at the year end until they are satisfied in full.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Page 2

River Dental Care Limited

Notes to the Financial Statements for the Period from 22 July 2017 to 31 March 2018

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Debtors

	Note	2018 £	2017 £
Amounts owed by group undertakings and undertakings in which the company has a participating interest	4	-	60,514
Total current trade and other debtors		-	60,514

4	Related party transactions

Summary of transactions with parent

The company has taken advantage of the exemption available in FRS102 from the requirement to disclose transactions with group companies on the grounds that consolidated financial statements are prepared by the ultimate parent company.

The company is wholly owned by Gensmile Dental Care Limited, a company incorporated in England and Wales. The registered ofice of the parent company is Easton Manor Easton Royal, Pewsey, SN9 5LZ, United Kingdom.
 As at 31 March 2018, the company was owed £- (2017: £60,514) from its parent company.
 

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