Dental Dimensions Limited Accounts

DENTAL DIMENSIONS LIMITED - Company Information






Dental Dimensions Limited
	Company No. 05960472
		Information for Filing with The Registrar
		31 March 2018

The Directors present their report and the accounts for the year ended 31 March 2018.

Principal activities
The principal activity of the company during the year under review was Dentist.




Directors

The Directors who served at any time during the year were as follows:

A. Crighton
J. Mcfadzean


































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

A. Crighton
Director
14 December 2018

at	31 March 2018

Company No.		05960472	Notes	2018	2017
				£	£
Fixed assets

	Tangible assets		3	41,236	44,050


				41,236	44,050
Current assets
	Stocks		4	5,000	5,000
	Debtors		5	507,640	357,175

	Cash at bank and in hand			345,539	315,578
				858,179	677,753
Creditors: Amount falling due within one year			6	(261,529)	(180,062)
Net current assets				596,650	497,691
Total assets less current liabilities				637,886	541,741

Provisions for liabilities
	Deferred taxation		7	(4,735)	(4,750)

Net assets				633,151	536,991

Capital and reserves
	Called up share capital			102	102



	Profit and loss account		8	633,049	536,889

Total equity				633,151	536,991


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 March 2018 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 14 December 2018

And signed on its behalf by:

A. Crighton
Director
14 December 2018

for the year ended 31 March 2018

Accounting policies

Basis of preparation

The accounts have been prepared in accordance with FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Companies Act 2006 . There were no material departures from that standard.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Leasehold land and buildings

20% Reducing balance

Plant and machinery

20% Reducing balance

Furniture, fittings and equipment

20% Reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

Pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

2	Employees
			2018	2017
			Number	Number
		The average number of persons employed during the year :	9	11

3	Tangible fixed assets
			Land and buildings	Plant and machinery	Fixtures, fittings and equipment	Total
			£	£	£	£
		Cost or revaluation
		At 1 April 2017	108,402	55,079	71,123	234,604
		Additions	-	7,319	177	7,496



		At 31 March 2018	108,402	62,398	71,300	242,100
		Depreciation
		At 1 April 2017	91,805	35,820	62,929	190,554
		Charge for the year	3,320	5,316	1,674	10,310



		At 31 March 2018	95,125	41,136	64,603	200,864
		Net book values
		At 31 March 2018	13,277	21,262	6,697	41,236
		At 31 March 2017	16,597	19,259	8,194	44,050

4	Stocks
			2018	2017
			£	£


		Finished goods	5,000	5,000
			5,000	5,000

5	Debtors
			2018	2017
			£	£
		Trade debtors	16,296	16,797

		Corporation tax recoverable	103,291	67,098


		Loans to directors	379,752	268,389

		Prepayments and accrued income	8,301	4,891
			507,640	357,175

6	Creditors:
		amounts falling due within one year
			2018	2017
			£	£




		Trade creditors	25,957	22,132

		Corporation tax	85,052	56,130
		Other taxes and social security	4,476	1,444


		Accruals and deferred income	146,044	100,356
			261,529	180,062

7	Provisions for liabilities
		Deferred taxation

			Accelerated capital allowances, losses and other timing differences	Arising from revaluation	Total
			£	£	£
		At 1 April 2017	4,750	-	4,750
		Charge to the profit and loss account for the period	(15)		(15)

		At 31 March 2018	4,735	-	4,735



			2018		2017
			£		£
		Accelerated capital allowances	4,735		4,750



			4,735		4,750

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

9	Dividends
			2018	2017
			£	£
		Dividends for the period:
		Dividends paid in the period	110,000	110,000

			110,000	110,000

		Dividends by type:

		Equity dividends	110,000	110,000
			110,000	110,000

Related party disclosures

Controlling party

Immediate controlling party

No single party controls the company.

Additional information

Its registered number is:

05960472

Its registered office is:

11 Castle Street

Launceston

Cornwall

PL15 8BA