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
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
Kay’s Dental Limited
Statement of financial position
as at 31 October 2023
Tangible assets
142,476
39,271
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)
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
Kay’s Dental Limited
Notes to the Accounts
for the year ended 31 October 2023
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.
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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 as modified by the revaluation of certain fixed assets.
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.
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 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.
Kay’s Dental Limited
Notes to the Accounts
for the year ended 31 October 2023
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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
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
At 31 October 2023
115,839
26,637
142,476
At 31 October 2022
1,611
37,660
39,271
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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
6
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
137,731
29,888
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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.
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Average number of employees
During the year the average number of employees was 2 (2022: 2).