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REGISTERED NUMBER: 08934614 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Oxley Dental Limited

Oxley Dental Limited (Registered number: 08934614)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

Oxley Dental Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Dr A N Bechar
Mrs B P Bechar





SECRETARY: Dr A N Bechar





REGISTERED OFFICE: 65a High Street
Stevenage
United Kingdom
Hertfordshire
SG1 3AQ





REGISTERED NUMBER: 08934614 (England and Wales)





ACCOUNTANTS: Long & Co (Dentax) Ltd
65a High Street
Stevenage
Hertfordshire
SG1 3AQ

Oxley Dental Limited (Registered number: 08934614)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - 19,400
Tangible assets 5 89,332 85,770
89,332 105,170

CURRENT ASSETS
Debtors 6 28,285 28,285
Cash at bank 5,088 22,090
33,373 50,375
CREDITORS
Amounts falling due within one year 7 (73,468 ) (48,060 )
NET CURRENT (LIABILITIES)/ASSETS (40,095 ) 2,315
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,237

107,485

CREDITORS
Amounts falling due after more than one year 8 (48,696 ) (59,257 )
NET ASSETS 541 48,228

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 441 48,128
SHAREHOLDERS' FUNDS 541 48,228

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Oxley Dental Limited (Registered number: 08934614)

Statement of Financial Position - continued
31 March 2024


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by:





Dr A N Bechar - Director


Oxley Dental Limited (Registered number: 08934614)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Oxley Dental Limited 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Oxley Dental Limited (Registered number: 08934614)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 194,000
AMORTISATION
At 1 April 2023 174,600
Amortisation for year 19,400
At 31 March 2024 194,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 19,400

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 April 2023 82,754 109,918 192,672
Additions 29,619 - 29,619
At 31 March 2024 112,373 109,918 222,291
DEPRECIATION
At 1 April 2023 56,560 50,342 106,902
Charge for year 11,163 14,894 26,057
At 31 March 2024 67,723 65,236 132,959
NET BOOK VALUE
At 31 March 2024 44,650 44,682 89,332
At 31 March 2023 26,194 59,576 85,770

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 28,285 28,285

Oxley Dental Limited (Registered number: 08934614)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,929 -
Hire purchase contracts 19,494 22,736
Trade creditors 33,197 16,948
Tax 8,566 6,701
Social security and other taxes 3,092 1,447
Directors' current accounts 190 228
73,468 48,060

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 48,696 59,257

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 April 2023 48,128
Profit for the year 24,313
Dividends (72,000 )
At 31 March 2024 441

Oxley Dental Limited

Report of the Accountants to the Directors of
Oxley Dental Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Long & Co (Dentax) Ltd
65a High Street
Stevenage
Hertfordshire
SG1 3AQ


Date: .............................................