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REGISTERED NUMBER: SC457177 (Scotland)















Unaudited Financial Statements

for the Period 1 December 2021 to 31 May 2023

for

Aone Dental Practices Limited

Aone Dental Practices Limited (Registered number: SC457177)






Contents of the Financial Statements
for the Period 1 December 2021 to 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 9

Aone Dental Practices Limited

Company Information
for the Period 1 December 2021 to 31 May 2023







DIRECTORS: Mr Raghu Lal
Ms Sakshi Verma Lal



SECRETARY: Ms Sakshi Verma Lal



REGISTERED OFFICE: 5 Albert Street
Fraserburgh
Aberdeenshire
AB43 9JL



REGISTERED NUMBER: SC457177 (Scotland)



ACCOUNTANTS: ElanTax.com
Unit 3 Cedar Court
1 Royal Oak Yard
London
SE1 3GA



BANKERS: National Westminster Bank plc
262 Union Street
Aberdeen
AB10 1TP

Aone Dental Practices Limited (Registered number: SC457177)

Balance Sheet
31 May 2023

31.5.23 30.11.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 388,968 431,670
Tangible assets 5 324,860 367,525
713,828 799,195

CURRENT ASSETS
Stocks 15,102 9,340
Debtors 6 162,189 400,384
Cash at bank and in hand 112,363 64,386
289,654 474,110
CREDITORS
Amounts falling due within one year 7 284,242 193,953
NET CURRENT ASSETS 5,412 280,157
TOTAL ASSETS LESS CURRENT
LIABILITIES

719,240

1,079,352

CREDITORS
Amounts falling due after more than one
year

8

536,441

957,319
NET ASSETS 182,799 122,033

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 182,699 121,933
SHAREHOLDERS' FUNDS 182,799 122,033

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Aone Dental Practices Limited (Registered number: SC457177)

Balance Sheet - continued
31 May 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 February 2024 and were signed on its behalf by:





Mr Raghu Lal - Director


Aone Dental Practices Limited (Registered number: SC457177)

Notes to the Financial Statements
for the Period 1 December 2021 to 31 May 2023

1. STATUTORY INFORMATION

Aone Dental Practices Limited is a private company, limited by shares , registered in Scotland. 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 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.

Turnover
Fees receivable 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 2013, 2016 and 2018 is being amortised evenly over its estimated useful life of 20 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Leasehold property - 10% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 25 (2021 - 33 ) .

Aone Dental Practices Limited (Registered number: SC457177)

Notes to the Financial Statements - continued
for the Period 1 December 2021 to 31 May 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2021
and 31 May 2023 569,357
AMORTISATION
At 1 December 2021 137,687
Amortisation for period 42,702
At 31 May 2023 180,389
NET BOOK VALUE
At 31 May 2023 388,968
At 30 November 2021 431,670

5. TANGIBLE FIXED ASSETS
Freehold Leasehold Plant and
property property machinery
£    £    £   
COST
At 1 December 2021 152,017 100,000 214,845
Additions - - 36,363
At 31 May 2023 152,017 100,000 251,208
DEPRECIATION
At 1 December 2021 8,512 57,635 99,103
Charge for period 3,192 6,355 57,039
At 31 May 2023 11,704 63,990 156,142
NET BOOK VALUE
At 31 May 2023 140,313 36,010 95,066
At 30 November 2021 143,505 42,365 115,742

Aone Dental Practices Limited (Registered number: SC457177)

Notes to the Financial Statements - continued
for the Period 1 December 2021 to 31 May 2023

5. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2021 1,668 113,020 13,833 595,383
Additions 17,564 - - 53,927
At 31 May 2023 19,232 113,020 13,833 649,310
DEPRECIATION
At 1 December 2021 833 49,446 12,329 227,858
Charge for period 4,662 23,840 1,504 96,592
At 31 May 2023 5,495 73,286 13,833 324,450
NET BOOK VALUE
At 31 May 2023 13,737 39,734 - 324,860
At 30 November 2021 835 63,574 1,504 367,525

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 30.11.21
£    £   
Trade debtors 49,551 54,832
Amounts owed by group undertakings 87,457 -
Other debtors 5,673 298,560
Wages advance 8,550 2,500
Directors' current accounts - 7,107
Prepayments 10,958 37,385
162,189 400,384

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 30.11.21
£    £   
Bank loans and overdrafts 59,586 60,988
Hire purchase contracts (see note 9) 49,104 49,104
Trade creditors 44,273 37,239
Associate fees control - 8,174
Tax 77,984 4,196
Social security and other taxes 6,903 5,943
Pension control 1,967 1,754
Other Creditor 1,997 1,997
Directors' current accounts 29,929 8,422
Accrued expenses 12,499 16,136
284,242 193,953

Aone Dental Practices Limited (Registered number: SC457177)

Notes to the Financial Statements - continued
for the Period 1 December 2021 to 31 May 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.23 30.11.21
£    £   
Loan 1-2 years 62,767 62,767
Loan 2-5 years 175,760 175,760
Loan over 5 years 171,097 494,133
Bounce Back Loan 35,196 50,000
Hire purchase contracts (see note 9) 91,609 142,469
Directors' loan accounts 12 32,190
536,441 957,319

Amounts falling due in more than five years:

Repayable by instalments
Loan over 5 years 171,097 494,133
Bounce Back Loan 35,196 50,000
206,293 544,133

9. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.5.23 30.11.21
£    £   
Net obligations repayable:
Within one year 49,104 49,104
Between one and five years 91,609 142,469
140,713 191,573

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 May 2023 and the year ended 30 November 2021:

31.5.23 30.11.21
£    £   
Mr Raghu Lal
Balance outstanding at start of period (14,965 ) (22,029 )
Amounts advanced 13,188 55,747
Amounts repaid (28,152 ) (48,683 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (29,929 ) (14,965 )

Aone Dental Practices Limited (Registered number: SC457177)

Notes to the Financial Statements - continued
for the Period 1 December 2021 to 31 May 2023

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Ms Sakshi Verma Lal
Balance outstanding at start of period (18,521 ) (21,073 )
Amounts advanced 18,509 7,073
Amounts repaid - (4,521 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (12 ) (18,521 )

11. RELATED PARTY DISCLOSURES

The company was under the control of Mr Raghu Lal, a director throughout the current period. Mr Raghu Lal is personally interested in 50% (2021 - 50%) of the company share capital. In addition his spouse and close member of family control a further 50% (2021 - 50%) of the company's issued share capital.

No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.

Aone Dental Practices Limited

Report of the Accountants to the Directors of
Aone Dental Practices Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 May 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






ElanTax.com
Unit 3 Cedar Court
1 Royal Oak Yard
London
SE1 3GA


Date: .............................................