2023-04-012024-03-312024-03-31false10659490OMIDENTISTRY LIMITED2024-11-1386230iso4217:GBPxbrli:pure106594902023-04-01106594902024-03-31106594902023-04-012024-03-31106594902022-04-01106594902023-03-31106594902022-04-012023-03-3110659490bus:SmallEntities2023-04-012024-03-3110659490bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3110659490bus:FullAccounts2023-04-012024-03-3110659490bus:PrivateLimitedCompanyLtd2023-04-012024-03-3110659490core:WithinOneYear2024-03-3110659490core:AfterOneYear2024-03-3110659490core:WithinOneYear2023-03-3110659490core:AfterOneYear2023-03-3110659490core:ShareCapital2024-03-3110659490core:SharePremium2024-03-3110659490core:RevaluationReserve2024-03-3110659490core:OtherReservesSubtotal2024-03-3110659490core:RetainedEarningsAccumulatedLosses2024-03-3110659490core:ShareCapital2023-03-3110659490core:SharePremium2023-03-3110659490core:RevaluationReserve2023-03-3110659490core:OtherReservesSubtotal2023-03-3110659490core:RetainedEarningsAccumulatedLosses2023-03-3110659490core:LandBuildings2024-03-3110659490core:PlantMachinery2024-03-3110659490core:Vehicles2024-03-3110659490core:FurnitureFittings2024-03-3110659490core:OfficeEquipment2024-03-3110659490core:NetGoodwill2024-03-3110659490core:IntangibleAssetsOtherThanGoodwill2024-03-3110659490core:ListedExchangeTraded2024-03-3110659490core:UnlistedNon-exchangeTraded2024-03-3110659490core:LandBuildings2023-03-3110659490core:PlantMachinery2023-03-3110659490core:Vehicles2023-03-3110659490core:FurnitureFittings2023-03-3110659490core:OfficeEquipment2023-03-3110659490core:NetGoodwill2023-03-3110659490core:IntangibleAssetsOtherThanGoodwill2023-03-3110659490core:ListedExchangeTraded2023-03-3110659490core:UnlistedNon-exchangeTraded2023-03-3110659490core:LandBuildings2023-04-012024-03-3110659490core:PlantMachinery2023-04-012024-03-3110659490core:Vehicles2023-04-012024-03-3110659490core:FurnitureFittings2023-04-012024-03-3110659490core:OfficeEquipment2023-04-012024-03-3110659490core:NetGoodwill2023-04-012024-03-3110659490core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110659490core:ListedExchangeTraded2023-04-012024-03-3110659490core:UnlistedNon-exchangeTraded2023-04-012024-03-3110659490core:MoreThanFiveYears2023-04-012024-03-3110659490core:Non-currentFinancialInstruments2024-03-3110659490core:Non-currentFinancialInstruments2023-03-3110659490dpl:CostSales2023-04-012024-03-3110659490dpl:DistributionCosts2023-04-012024-03-3110659490core:LandBuildings2023-04-012024-03-3110659490core:PlantMachinery2023-04-012024-03-3110659490core:Vehicles2023-04-012024-03-3110659490core:FurnitureFittings2023-04-012024-03-3110659490core:OfficeEquipment2023-04-012024-03-3110659490dpl:AdministrativeExpenses2023-04-012024-03-3110659490core:NetGoodwill2023-04-012024-03-3110659490core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110659490dpl:GroupUndertakings2023-04-012024-03-3110659490dpl:ParticipatingInterests2023-04-012024-03-3110659490dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3110659490core:ListedExchangeTraded2023-04-012024-03-3110659490dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3110659490core:UnlistedNon-exchangeTraded2023-04-012024-03-3110659490dpl:CostSales2022-04-012023-03-3110659490dpl:DistributionCosts2022-04-012023-03-3110659490core:LandBuildings2022-04-012023-03-3110659490core:PlantMachinery2022-04-012023-03-3110659490core:Vehicles2022-04-012023-03-3110659490core:FurnitureFittings2022-04-012023-03-3110659490core:OfficeEquipment2022-04-012023-03-3110659490dpl:AdministrativeExpenses2022-04-012023-03-3110659490core:NetGoodwill2022-04-012023-03-3110659490core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110659490dpl:GroupUndertakings2022-04-012023-03-3110659490dpl:ParticipatingInterests2022-04-012023-03-3110659490dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3110659490core:ListedExchangeTraded2022-04-012023-03-3110659490dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3110659490core:UnlistedNon-exchangeTraded2022-04-012023-03-3110659490core:NetGoodwill2024-03-3110659490core:IntangibleAssetsOtherThanGoodwill2024-03-3110659490core:LandBuildings2024-03-3110659490core:PlantMachinery2024-03-3110659490core:Vehicles2024-03-3110659490core:FurnitureFittings2024-03-3110659490core:OfficeEquipment2024-03-3110659490core:AfterOneYear2024-03-3110659490core:WithinOneYear2024-03-3110659490core:ListedExchangeTraded2024-03-3110659490core:UnlistedNon-exchangeTraded2024-03-3110659490core:ShareCapital2024-03-3110659490core:SharePremium2024-03-3110659490core:RevaluationReserve2024-03-3110659490core:OtherReservesSubtotal2024-03-3110659490core:RetainedEarningsAccumulatedLosses2024-03-3110659490core:NetGoodwill2023-03-3110659490core:IntangibleAssetsOtherThanGoodwill2023-03-3110659490core:LandBuildings2023-03-3110659490core:PlantMachinery2023-03-3110659490core:Vehicles2023-03-3110659490core:FurnitureFittings2023-03-3110659490core:OfficeEquipment2023-03-3110659490core:AfterOneYear2023-03-3110659490core:WithinOneYear2023-03-3110659490core:Liste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OMIDENTISTRY LIMITED

Registered Number
10659490
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

OMIDENTISTRY LIMITED
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

Dr Omid Sobhani Ezabadi

Company Secretary

Dr Maria Lessani

Registered Address

107 Harley Street
London
W1G 6AL

Registered Number

10659490 (England and Wales)
OMIDENTISTRY LIMITED
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3266,125339,174
266,125339,174
Current assets
Stocks445,4441,250
Debtors542,017403,470
Cash at bank and on hand544,316409,872
1,131,777814,592
Creditors amounts falling due within one year5(950,875)(960,610)
Net current assets (liabilities)180,902(146,018)
Total assets less current liabilities447,027193,156
Net assets447,027193,156
Capital and reserves
Called up share capital100100
Profit and loss account446,927193,056
Shareholders' funds447,027193,156
The financial statements were approved and authorised for issue by the Director on 13 November 2024, and are signed on its behalf by:
Dr Omid Sobhani Ezabadi
Director
Registered Company No. 10659490
OMIDENTISTRY LIMITED
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Land and buildings-10
Plant and machinery20-
Fixtures and fittings20-
Office Equipment25-
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Related parties
At the balance sheet date, a balance of £462,124 ( 2023: £465,854) was owed to Omid Sobhani Limited, a group of undertakings.
2.Average number of employees

20242023
Average number of employees during the year136
3.Tangible fixed assets

Land & buildings

Plant & machinery

Fixtures & fittings

Office Equipment

Total

£££££
Cost or valuation
At 01 April 2367,215369,814135,9993,827576,855
Additions---5,7785,778
At 31 March 2467,215369,814135,9999,605582,633
Depreciation and impairment
At 01 April 2317,162150,31766,5723,630237,681
Charge for year8,56254,88513,8851,49578,827
At 31 March 2425,724205,20280,4575,125316,508
Net book value
At 31 March 2441,491164,61255,5424,480266,125
At 31 March 2350,053219,49769,427197339,174
4.Stocks

2024

2023

££
Other stocks45,4441,250
Total45,4441,250
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables32,796-
Bank borrowings and overdrafts203,953278,201
Amounts owed to related parties462,124465,855
Taxation and social security186,89184,732
Other creditors59,112117,643
Accrued liabilities and deferred income5,99914,179
Total950,875960,610
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Directors advances, credits and guarantees
At the balance sheet date, the amount due to the director, Mr Omid Sobhani, was £43,834 (2023:116,714).