Dentech Limited 03703836 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is is that of electrical work Digita Accounts Production Advanced 6.30.9574.0 true 03703836 2023-04-01 2024-03-31 03703836 2024-03-31 03703836 bus:CompanySecretaryDirector2 1 2024-03-31 03703836 core:CurrentFinancialInstruments 2024-03-31 03703836 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 03703836 core:FurnitureFittingsToolsEquipment 2024-03-31 03703836 bus:SmallEntities 2023-04-01 2024-03-31 03703836 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 03703836 bus:FullAccounts 2023-04-01 2024-03-31 03703836 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03703836 bus:RegisteredOffice 2023-04-01 2024-03-31 03703836 bus:CompanySecretaryDirector2 2023-04-01 2024-03-31 03703836 bus:CompanySecretaryDirector2 1 2023-04-01 2024-03-31 03703836 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03703836 core:FurnitureFittings 2023-04-01 2024-03-31 03703836 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 03703836 countries:EnglandWales 2023-04-01 2024-03-31 03703836 2023-03-31 03703836 bus:CompanySecretaryDirector2 1 2023-03-31 03703836 core:FurnitureFittingsToolsEquipment 2023-03-31 03703836 2022-04-01 2023-03-31 03703836 2023-03-31 03703836 core:CurrentFinancialInstruments 2023-03-31 03703836 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 03703836 core:FurnitureFittingsToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 03703836

Dentech Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Dentech Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Dentech Limited

Company Information

Director

C R Holtby

Company secretary

C R Holtby

Registered office

13 Scholars Drive
Hull
HU5 2DB

 

Dentech Limited

(Registration number: 03703836)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

1,586

1,983

Current assets

 

Debtors

5

55,015

71,580

Cash at bank and in hand

 

73,799

110,749

 

128,814

182,329

Creditors: Amounts falling due within one year

6

(8,532)

(21,502)

Net current assets

 

120,282

160,827

Total assets less current liabilities

 

121,868

162,810

Provisions for liabilities

(301)

(377)

Net assets

 

121,567

162,433

Capital and reserves

 

Called up share capital

100

100

Retained earnings

121,467

162,333

Shareholders' funds

 

121,567

162,433

For the financial year ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The Director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 12 November 2024
 

.........................................
C R Holtby
Company secretary and director

 

Dentech Limited

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

1

General information

The company is a private company limited by share capital incorporated in England and Wales and the company registration number is 03703836.

The address of its registered office is:
13 Scholars Drive
Hull
HU5 2DB
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of engineering consulting services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Dentech Limited

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

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the profit and loss account.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss has been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in the profit and loss account.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for the provision of services in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

Dentech Limited

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

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the Company (including the Director) during the year, was 2 (2023 - 2).

4

Tangible assets

Fixtures and fittings
 £

Total
£

Cost or valuation

At 1 April 2023

3,495

3,495

At 31 March 2024

3,495

3,495

Depreciation

At 1 April 2023

1,512

1,512

Charge for the year

397

397

At 31 March 2024

1,909

1,909

Carrying amount

At 31 March 2024

1,586

1,586

At 31 March 2023

1,983

1,983

5

Debtors

2024
£

2023
£

Trade debtors

-

2,976

Other debtors

55,015

68,604

55,015

71,580

 

Dentech Limited

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

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

93

-

Taxation and social security

6,545

18,343

Accruals and deferred income

1,894

2,915

Other creditors

-

244

8,532

21,502

7

Related party transactions

Transactions with the Director

2024

At 1 April 2023
£

Advances to Director
£

Repayments by Director
£

At 31 March 2024
£

C R Holtby

Unsecured, interest free, repayable on demand

66,962

84,273

(96,341)

54,894

         
       

 

Other transactions with the Director

At the year end, the director owed the company £54,894 (2023: £66,962). This amount is unsecured, interest free and repayable on demand.