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REGISTERED NUMBER: SC738213 (Scotland)














Unaudited Financial Statements

for the Year Ended 31 July 2024

for

JK Dental Aesthetics Ltd

JK Dental Aesthetics Ltd (Registered number: SC738213)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JK Dental Aesthetics Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTORS: K S Dow
Dr J A Dow





REGISTERED OFFICE: Cornerstone House
Station Road
Selkirk
TD7 5DJ





REGISTERED NUMBER: SC738213 (Scotland)





ACCOUNTANTS: Dental Accountants Scotland Ltd
Specialist Dental Accountants & Advisors
Cornerstone House
Station Road
Selkirk
Borders
TD7 5DJ

JK Dental Aesthetics Ltd (Registered number: SC738213)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 52,875 3,251

CURRENT ASSETS
Cash at bank 79,759 69,417

CREDITORS
Amounts falling due within one year 5 50,867 20,595
NET CURRENT ASSETS 28,892 48,822
TOTAL ASSETS LESS CURRENT
LIABILITIES

81,767

52,073

CREDITORS
Amounts falling due after more than one year 6 (35,895 ) -

PROVISIONS FOR LIABILITIES 7 (10,046 ) -
NET ASSETS 35,826 52,073

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 35,726 51,973
SHAREHOLDERS' FUNDS 35,826 52,073

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

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

JK Dental Aesthetics Ltd (Registered number: SC738213)

Balance Sheet - continued
31 July 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2024 and were signed on its behalf by:





K S Dow - Director


JK Dental Aesthetics Ltd (Registered number: SC738213)

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

1. STATUTORY INFORMATION

JK Dental Aesthetics Ltd is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

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.

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 NIL (2023 - 1 ).

JK Dental Aesthetics Ltd (Registered number: SC738213)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023 4,221 - - 4,221
Additions - 66,229 1,148 67,377
At 31 July 2024 4,221 66,229 1,148 71,598
DEPRECIATION
At 1 August 2023 970 - - 970
Charge for year 813 16,557 383 17,753
At 31 July 2024 1,783 16,557 383 18,723
NET BOOK VALUE
At 31 July 2024 2,438 49,672 765 52,875
At 31 July 2023 3,251 - - 3,251

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Hire purchase contracts 16,986 -
Trade creditors 1,801 1,799
Tax - 17,464
Directors' current accounts 32,080 1,332
50,867 20,595

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Hire purchase contracts 35,895 -

7. PROVISIONS FOR LIABILITIES
31.7.24 31.7.23
£    £   
Deferred tax 10,046 -

Deferred
tax
£   
Provided during year 10,046
Balance at 31 July 2024 10,046

JK Dental Aesthetics Ltd (Registered number: SC738213)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
100 100

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors advanced the company monies. At the yearend the company was due the directors £32,081 (2023 £1,332). No interest has been charged and there are no specific repayment terms.