Brunswick Dental Ltd - Accounts to registrar (filleted) - small 18.2

Brunswick Dental Ltd - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: NI634670 (Northern Ireland)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

BRUNSWICK DENTAL LTD

BRUNSWICK DENTAL LTD (REGISTERED NUMBER: NI634670)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


BRUNSWICK DENTAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTOR: Mrs E Prentice





REGISTERED OFFICE: 17 Clarendon Road
Clarendon Docks
Belfast
BT1 3BG





REGISTERED NUMBER: NI634670 (Northern Ireland)





ACCOUNTANTS: Baker Tilly Mooney Moore
17 Clarendon Road
Clarendon Dock
Belfast
Co. Antrim
BT1 3BG

BRUNSWICK DENTAL LTD (REGISTERED NUMBER: NI634670)

BALANCE SHEET
31 MARCH 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 163,200 183,600
Tangible assets 5 23,830 1,822
187,030 185,422

CURRENT ASSETS
Stocks 200 200
Debtors 6 9,140 6,973
Cash at bank and in hand 7,390 3,694
16,730 10,867
CREDITORS
Amounts falling due within one year 7 112,881 142,742
NET CURRENT LIABILITIES (96,151 ) (131,875 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

90,879

53,547

CREDITORS
Amounts falling due after more than one
year

8

(14,519

)

(3,506

)

PROVISIONS FOR LIABILITIES (3,588 ) (346 )
NET ASSETS 72,772 49,695

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 72,771 49,694
SHAREHOLDERS' FUNDS 72,772 49,695

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

BRUNSWICK DENTAL LTD (REGISTERED NUMBER: NI634670)

BALANCE SHEET - continued
31 MARCH 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director on 17 December 2018 and were signed by:





Mrs E Prentice - Director


BRUNSWICK DENTAL LTD (REGISTERED NUMBER: NI634670)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018


1. STATUTORY INFORMATION

Brunswick Dental Ltd is a private company, limited by shares , registered in Northern Ireland. 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In preparing these financial statements the director has made the following judgements:

Establish whether there are indicators of impairment of the company's tangible assets. Factors taken into
consideration in reaching such a decision include the economic viability and expected future financial
performance of the asset and the business in general.

The director also considers the depreciation rates on an annual basis to ensure there is sufficient evidence to
support these and that the estimates remain reasonable

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 2015, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 15% on reducing balance

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.


BRUNSWICK DENTAL LTD (REGISTERED NUMBER: NI634670)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2017 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2017
and 31 March 2018 204,000
AMORTISATION
At 1 April 2017 20,400
Charge for year 20,400
At 31 March 2018 40,800
NET BOOK VALUE
At 31 March 2018 163,200
At 31 March 2017 183,600

BRUNSWICK DENTAL LTD (REGISTERED NUMBER: NI634670)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2017 2,278
Additions 24,092
At 31 March 2018 26,370
DEPRECIATION
At 1 April 2017 456
Charge for year 2,084
At 31 March 2018 2,540
NET BOOK VALUE
At 31 March 2018 23,830
At 31 March 2017 1,822

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Fixtures
and
fittings
£   
COST
Additions 22,869
At 31 March 2018 22,869
DEPRECIATION
Charge for year 1,798
At 31 March 2018 1,798
NET BOOK VALUE
At 31 March 2018 21,071

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 8,675 5,830
Prepayments and accrued income 465 1,143
9,140 6,973

BRUNSWICK DENTAL LTD (REGISTERED NUMBER: NI634670)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Bank loans and overdrafts 21,183 11,954
Other loans 3,892 -
Hire purchase contracts 10,505 5,707
Trade creditors 19,604 18,437
BOI VISA - 469
Tax 7,159 18,409
Social security and other taxes 3,166 2,900
Directors' current accounts 44,972 80,854
Accrued expenses 2,400 4,012
112,881 142,742

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.18 31.3.17
£    £   
Hire purchase contracts 14,519 3,506

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.18 31.3.17
value: £    £   
1 Ordinary £1 1 1

10. RELATED PARTY DISCLOSURES

During the period the sole director of the company charged the company a licence to occupy fee for the premises
of £23,000 (2017: £23,000). The amount due to the director at the period end was £Nil.