Company Registration No. 07370763 (England and Wales)
Barnet Smiles Dental Care Limited
Unaudited accounts
for the year ended 31 March 2019
Barnet Smiles Dental Care Limited
Unaudited accounts
Contents
Barnet Smiles Dental Care Limited
Company Information
for the year ended 31 March 2019
Company Number
07370763 (England and Wales)
Registered Office
54 Ormesby Way
Harrow
Middlesex
HA3 9SF
England
Barnet Smiles Dental Care Limited
Statement of financial position
as at
31 March 2019
Intangible assets
261,749
284,026
Tangible assets
29,966
18,338
Cash at bank and in hand
51,942
16,894
Creditors: amounts falling due within one year
(33,116)
(45,935)
Net current assets/(liabilities)
43,780
(2,047)
Total assets less current liabilities
335,495
300,317
Provisions for liabilities
Deferred tax
(4,928)
(2,587)
Net assets
330,567
297,730
Called up share capital
200
200
Profit and loss account
330,367
297,530
Shareholders' funds
330,567
297,730
For the year ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 23 December 2019.
N N P Shah
Director
Company Registration No. 07370763
Barnet Smiles Dental Care Limited
Notes to the Accounts
for the year ended 31 March 2019
Barnet Smiles Dental Care Limited is a private company, limited by shares, registered in England and Wales, registration number 07370763. The registered office is 54 Ormesby Way, Harrow, Middlesex, HA3 9SF, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
The turnover shown in the profit and loss account represents revenue earned during the period.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill is the amount paid in connection with the acquisition of a business in 2011 and is amortised evenly over its useful life of twenty years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following annual rates in order to write off the assets over their estimated useful lives on a straight line basis:
Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Barnet Smiles Dental Care Limited
Notes to the Accounts
for the year ended 31 March 2019
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Intangible fixed assets
Total
Charge for the year
22,277
Cost of goodwill is the amount paid in connection with the acquisition of a business in 2011.
5
Tangible fixed assets
Total
Charge for the year
12,846
6
Operating lease commitments
2019
2018
At 31 March 2019 the company has commitments under non-cancellable operating leases as follows:
Operating leases expiring:
More than five years
25,000
25,000
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Average number of employees
During the year the average number of employees was 9 (2018: 10).