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Company Registration No. 12285916 (England and Wales)
Kay’s Dental Limited Unaudited accounts for the year ended 31 October 2023
Kay’s Dental Limited Unaudited accounts Contents
Page
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Kay’s Dental Limited Company Information for the year ended 31 October 2023
Director
Obaid Umar Khalid
Company Number
12285916 (England and Wales)
Registered Office
128 City Road London EC1V 2NX England
Accountants
Capital Talks LLP Accountants & Tax consultants 310D - EW Sterling House Langston Road Loughton IG10 3TS
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Kay’s Dental Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
142,476 
39,271 
Current assets
Cash at bank and in hand
94,664 
45,564 
Creditors: amounts falling due within one year
(84,441)
(42,566)
Net current assets
10,223 
2,998 
Total assets less current liabilities
152,699 
42,269 
Creditors: amounts falling due after more than one year
(148,344)
(41,987)
Net assets
4,355 
282 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,255 
182 
Shareholders' funds
4,355 
282 
For the year ending 31 October 2023 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.
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.
The financial statements were approved by the Board and authorised for issue on 28 July 2024 and were signed on its behalf by
Obaid Umar Khalid Director Company Registration No. 12285916
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Kay’s Dental Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Kay’s Dental Limited is a private company, limited by shares, registered in England and Wales, registration number 12285916. The registered office is 128 City Road, London, EC1V 2NX, England.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost.
Motor vehicles
25% on cost.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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Kay’s Dental Limited Notes to the Accounts for the year ended 31 October 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
4,168 
44,090 
48,258 
Additions
117,904 
- 
117,904 
At 31 October 2023
122,072 
44,090 
166,162 
Depreciation
At 1 November 2022
2,557 
6,430 
8,987 
Charge for the year
3,676 
11,023 
14,699 
At 31 October 2023
6,233 
17,453 
23,686 
Net book value
At 31 October 2023
115,839 
26,637 
142,476 
At 31 October 2022
1,611 
37,660 
39,271 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
6,702 
6,702 
Taxes and social security
22,378 
10,935 
Loans from directors
53,812 
23,124 
Accruals
1,549 
1,805 
84,441 
42,566 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
10,613 
12,099 
Obligations under finance leases and hire purchase contracts
137,731 
29,888 
148,344 
41,987 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Loans to directors
At 31 October 2023 the company owed £53,810.90/- to director as a result of loans made to the company. The loans are unsecured and interest free. The Director controls the company as a result of controlling directly 100% of the issued share capital.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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