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REGISTERED NUMBER: 08274072 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

Ttm Dental Limited

Ttm Dental Limited (Registered number: 08274072)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Ttm Dental Limited (Registered number: 08274072)

Statement of Financial Position
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 51,532 19,683

CURRENT ASSETS
Stocks 8,325 9,093
Debtors 5 317,499 130,000
Cash at bank and in hand 114,503 192,191
440,327 331,284
CREDITORS
Amounts falling due within one year 6 179,897 194,598
NET CURRENT ASSETS 260,430 136,686
TOTAL ASSETS LESS CURRENT
LIABILITIES

311,962

156,369

CREDITORS
Amounts falling due after more than one
year

7

(60,000

)

(80,000

)

PROVISIONS FOR LIABILITIES 8 (9,783 ) (3,699 )
NET ASSETS 242,179 72,670

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 242,178 72,669
SHAREHOLDERS' FUNDS 242,179 72,670

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

Ttm Dental Limited (Registered number: 08274072)

Statement of Financial Position - continued
30 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2023 and were signed by:





T. Meskhi - Director


Ttm Dental Limited (Registered number: 08274072)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Ttm Dental Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08274072

Registered office: Unit 5 City Business Centre
Lower Road
London
London
SE16 2XB

The presentation currency of the financial statements is the Pound Sterling (£).


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.

This is the first year for which the financial statements have been prepared under FRS 102 Section 1A.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - 20% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 33% on a straight line basis
Computer equipment - 33% on a straight line basis

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is
determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.


Ttm Dental Limited (Registered number: 08274072)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 year was 9 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 May 2022 - 91,799 1,352 8,509 101,660
Additions 34,555 4,099 - 853 39,507
At 30 April 2023 34,555 95,898 1,352 9,362 141,167
DEPRECIATION
At 1 May 2022 - 77,447 324 4,206 81,977
Charge for year 576 3,976 446 2,660 7,658
At 30 April 2023 576 81,423 770 6,866 89,635
NET BOOK VALUE
At 30 April 2023 33,979 14,475 582 2,496 51,532
At 30 April 2022 - 14,352 1,028 4,303 19,683

Ttm Dental Limited (Registered number: 08274072)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 13,239 -
Other debtors 304,260 130,000
317,499 130,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Payments on account - 25,725
Trade creditors 29,821 21,551
Taxation and social security 25,443 22,338
Other creditors 124,633 124,984
179,897 194,598

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Other creditors 60,000 80,000

8. PROVISIONS FOR LIABILITIES
30.4.23 30.4.22
£    £   
Deferred tax 9,783 3,699

Deferred
tax
£   
Balance at 1 May 2022 3,699
Provided during year 6,084
Balance at 30 April 2023 9,783