WIMBLEDON ORTHODONTIC LABORATORIES LIMITED

Company Registration Number:
05276200 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

WIMBLEDON ORTHODONTIC LABORATORIES LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

WIMBLEDON ORTHODONTIC LABORATORIES LIMITED

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 293,441 233,814
Total fixed assets: 293,441 233,814
Current assets
Stocks: 38,498 25,050
Debtors: 4 238,514 264,981
Cash at bank and in hand: 173,884 47,267
Total current assets: 450,896 337,298
Creditors: amounts falling due within one year:   (138,893) (86,859)
Net current assets (liabilities): 312,003 250,439
Total assets less current liabilities: 605,444 484,253
Creditors: amounts falling due after more than one year:   (25,652) (35,481)
Total net assets (liabilities): 579,792 448,772
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 579,692 448,672
Shareholders funds: 579,792 448,772

The notes form part of these financial statements

WIMBLEDON ORTHODONTIC LABORATORIES LIMITED

Balance sheet statements

For the year ending 30 November 2023 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 August 2024
and signed on behalf of the board by:

Name: Behroz Banan
Status: Director

The notes form part of these financial statements

WIMBLEDON ORTHODONTIC LABORATORIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Intangible fixed assets and amortisation policy

Intangible fixed assets are measured at cost less accumulative amortization and any accumulative impairment losses.

WIMBLEDON ORTHODONTIC LABORATORIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 26 22

WIMBLEDON ORTHODONTIC LABORATORIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 431,313
Additions 135,420
At 30 November 2023 566,733
Depreciation
At 01 December 2022 197,499
Charge for year 75,793
At 30 November 2023 273,292
Net book value
At 30 November 2023 293,441
At 30 November 2022 233,814

WIMBLEDON ORTHODONTIC LABORATORIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 238,514 264,981