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Company Registration No. 11043251 (England and Wales)
AB Dental Ltd Unaudited accounts for the year ended 30 November 2023
AB Dental Ltd Unaudited accounts Contents
Page
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AB Dental Ltd Company Information for the year ended 30 November 2023
Director
A Barfeie
Company Number
11043251 (England and Wales)
Registered Office
8 Penn Gardens Chislehurst BR7 5RY United Kingdom
Accountants
MCC Partners 1a Saddington Street Gravesend Kent DA12 1ED
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AB Dental Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
253,249 
299,781 
Current assets
Debtors
480,500 
17,500 
Cash at bank and in hand
182,483 
417,060 
662,983 
434,560 
Creditors: amounts falling due within one year
(250,436)
(173,650)
Net current assets
412,547 
260,910 
Total assets less current liabilities
665,796 
560,691 
Creditors: amounts falling due after more than one year
(250,662)
(303,140)
Provisions for liabilities
Deferred tax
(40,636)
(47,834)
Net assets
374,498 
209,717 
Capital and reserves
Called up share capital
125 
125 
Profit and loss account
374,373 
209,592 
Shareholders' funds
374,498 
209,717 
For the year ending 30 November 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 26 August 2024 and were signed on its behalf by
A Barfeie Director Company Registration No. 11043251
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AB Dental Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
AB Dental Ltd is a private company, limited by shares, registered in England and Wales, registration number 11043251. The registered office is 8 Penn Gardens, Chislehurst, BR7 5RY, United Kingdom.
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.
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 rendering of services is recognised by reference to the stage of completion of the contract.
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% Straight line
Motor vehicles
20% Straight line
Fixtures & fittings
10% Straight line
Computer equipment
25% Straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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AB Dental Ltd Notes to the Accounts for the year ended 30 November 2023
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.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2022
78,782 
87,856 
187,515 
9,368 
363,521 
Additions
7,455 
- 
2,800 
1,498 
11,753 
At 30 November 2023
86,237 
87,856 
190,315 
10,866 
375,274 
Depreciation
At 1 December 2022
28,879 
8,300 
23,430 
3,131 
63,740 
Charge for the year
21,559 
17,571 
16,689 
2,466 
58,285 
At 30 November 2023
50,438 
25,871 
40,119 
5,597 
122,025 
Net book value
At 30 November 2023
35,799 
61,985 
150,196 
5,269 
253,249 
At 30 November 2022
49,903 
79,556 
164,085 
6,237 
299,781 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
463,000 
- 
Amounts falling due after more than one year
Accrued income and prepayments
17,500 
17,500 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
29,731 
28,176 
Obligations under finance leases and hire purchase contracts
21,221 
21,221 
Trade creditors
33,786 
43,177 
Taxes and social security
85,176 
23,363 
Other creditors
11,158 
19,608 
Loans from directors
16,252 
30,425 
Accruals
53,112 
7,680 
250,436 
173,650 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
207,674 
239,019 
Obligations under finance leases and hire purchase contracts
42,988 
64,121 
250,662 
303,140 
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AB Dental Ltd Notes to the Accounts for the year ended 30 November 2023
8
Average number of employees
During the year the average number of employees was 11 (2022: 7).
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