IRIS Accounts Production v24.2.0.383 09340109 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh093401092022-12-31093401092023-12-31093401092023-01-012023-12-31093401092021-12-31093401092022-01-012022-12-31093401092022-12-3109340109ns15:EnglandWales2023-01-012023-12-3109340109ns14:PoundSterling2023-01-012023-12-3109340109ns10:Director12023-01-012023-12-3109340109ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3109340109ns10:SmallEntities2023-01-012023-12-3109340109ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3109340109ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3109340109ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3109340109ns10:FullAccounts2023-01-012023-12-310934010912023-01-012023-12-3109340109ns10:Director22023-01-012023-12-3109340109ns10:RegisteredOffice2023-01-012023-12-3109340109ns5:CurrentFinancialInstruments2023-12-3109340109ns5:CurrentFinancialInstruments2022-12-3109340109ns5:Non-currentFinancialInstruments2023-12-3109340109ns5:Non-currentFinancialInstruments2022-12-3109340109ns5:ShareCapital2023-12-3109340109ns5:ShareCapital2022-12-3109340109ns5:RetainedEarningsAccumulatedLosses2023-12-3109340109ns5:RetainedEarningsAccumulatedLosses2022-12-3109340109ns5:NetGoodwill2023-01-012023-12-3109340109ns5:PlantMachinery2023-01-012023-12-3109340109ns5:MotorVehicles2023-01-012023-12-3109340109ns5:ComputerEquipment2023-01-012023-12-3109340109ns5:NetGoodwill2022-12-3109340109ns5:NetGoodwill2023-12-3109340109ns5:NetGoodwill2022-12-3109340109ns5:PlantMachinery2022-12-3109340109ns5:MotorVehicles2022-12-3109340109ns5:ComputerEquipment2022-12-3109340109ns5:PlantMachinery2023-12-3109340109ns5:MotorVehicles2023-12-3109340109ns5:ComputerEquipment2023-12-3109340109ns5:PlantMachinery2022-12-3109340109ns5:MotorVehicles2022-12-3109340109ns5:ComputerEquipment2022-12-3109340109ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-12-3109340109ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-12-3109340109ns5:LeasedAssetsHeldAsLessee2022-12-3109340109ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-01-012023-12-3109340109ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-01-012023-12-3109340109ns5:LeasedAssetsHeldAsLessee2023-01-012023-12-3109340109ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-3109340109ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-12-3109340109ns5:LeasedAssetsHeldAsLessee2023-12-3109340109ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-12-3109340109ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-12-3109340109ns5:LeasedAssetsHeldAsLessee2022-12-3109340109ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3109340109ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3109340109ns5:Secured2023-12-3109340109ns5:Secured2022-12-31093401091ns10:Director12022-12-31093401091ns10:Director12021-12-31093401091ns10:Director12023-01-012023-12-31093401091ns10:Director12022-01-012022-12-31093401091ns10:Director12023-12-31093401091ns10:Director12022-12-3109340109ns10:Director222022-12-3109340109ns10:Director222021-12-3109340109ns10:Director222023-01-012023-12-3109340109ns10:Director222022-01-012022-12-3109340109ns10:Director222023-12-3109340109ns10:Director222022-12-31
REGISTERED NUMBER: 09340109 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ONE 44 DENTAL LTD

ONE 44 DENTAL LTD (REGISTERED NUMBER: 09340109)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ONE 44 DENTAL LTD

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTORS: Dr A M Cope
Mrs T A Cope





REGISTERED OFFICE: 144 Bawtry Road
Wickersley
Rotherham
South Yorkshire
S66 1AH





REGISTERED NUMBER: 09340109 (England and Wales)





ACCOUNTANTS: Hodgson & Oldfield
Aizlewood's Mill
Nursery Street
Sheffield
S3 8GG

ONE 44 DENTAL LTD (REGISTERED NUMBER: 09340109)

BALANCE SHEET
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 141,070 174,110
141,070 174,110

CURRENT ASSETS
Stocks 8,500 7,500
Debtors 6 225,862 199,734
Cash at bank and in hand 23,651 51,449
258,013 258,683
CREDITORS
Amounts falling due within one year 7 124,595 112,953
NET CURRENT ASSETS 133,418 145,730
TOTAL ASSETS LESS CURRENT
LIABILITIES

274,488

319,840

CREDITORS
Amounts falling due after more than one
year

8

(246,408

)

(293,160

)

PROVISIONS FOR LIABILITIES (27,728 ) (26,093 )
NET ASSETS 352 587

ONE 44 DENTAL LTD (REGISTERED NUMBER: 09340109)

BALANCE SHEET - continued
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 332 567
SHAREHOLDERS' FUNDS 352 587

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 September 2024 and were signed on its behalf by:





Dr A M Cope - Director


ONE 44 DENTAL LTD (REGISTERED NUMBER: 09340109)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

One 44 Dental Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.


ONE 44 DENTAL LTD (REGISTERED NUMBER: 09340109)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2022 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 170,000
AMORTISATION
At 1 January 2023
and 31 December 2023 170,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

ONE 44 DENTAL LTD (REGISTERED NUMBER: 09340109)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 197,678 99,847 16,814 314,339
Additions 1,420 - - 1,420
At 31 December 2023 199,098 99,847 16,814 315,759
DEPRECIATION
At 1 January 2023 106,310 17,119 16,800 140,229
Charge for year 13,776 20,682 2 34,460
At 31 December 2023 120,086 37,801 16,802 174,689
NET BOOK VALUE
At 31 December 2023 79,012 62,046 12 141,070
At 31 December 2022 91,368 82,728 14 174,110

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 69,509 99,847 169,356
DEPRECIATION
At 1 January 2023 16,033 17,119 33,152
Charge for year 8,019 20,682 28,701
At 31 December 2023 24,052 37,801 61,853
NET BOOK VALUE
At 31 December 2023 45,457 62,046 107,503
At 31 December 2022 53,476 82,728 136,204

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 225,862 199,734

ONE 44 DENTAL LTD (REGISTERED NUMBER: 09340109)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 24,538 24,538
Hire purchase contracts and finance leases 21,443 22,583
Trade creditors 3,706 4,561
Taxation and social security 54,772 26,818
Other creditors 20,136 34,453
124,595 112,953

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 154,930 180,089
Hire purchase contracts and finance leases 91,478 113,071
246,408 293,160

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 80,123 95,392

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Hire purchase contracts and finance leases 112,921 135,654
Bank loans 154,537 169,806
267,458 305,460

The company's bankers hold a fixed and floating charge over the assets of the company.

The hire purchase contracts are secured over the assets to which they relate.

The company has a bounce back loan which is not secured.

ONE 44 DENTAL LTD (REGISTERED NUMBER: 09340109)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
Dr A M Cope
Balance outstanding at start of year 69,000 69,000
Amounts advanced 13,239 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 82,239 69,000

Mrs T A Cope
Balance outstanding at start of year 69,000 69,000
Amounts advanced 13,239 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 82,239 69,000

11. ULTIMATE CONTROLLING PARTY

The controlling party is Dr A M Cope.