1 April 2023 false No description of principal activity Taxfiler 2024.6 11248819business:PrivateLimitedCompanyLtd2023-04-012024-03-31 112488192023-03-31 112488192023-04-012024-03-31 11248819business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 11248819business:AbridgedAccounts2023-04-012024-03-31 112488192024-03-31 112488192023-03-31 11248819core:WithinOneYear2024-03-31 11248819core:WithinOneYear2023-03-31 11248819core:AfterOneYear2024-03-31 11248819core:AfterOneYear2023-03-31 11248819core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 11248819core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 11248819core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 11248819core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 11248819core:PreviouslyStatedAmount2024-03-31 11248819core:PreviouslyStatedAmount2023-03-31 11248819business:SmallEntities2023-04-012024-03-31 11248819business:Director12023-04-012024-03-31 11248819countries:EnglandWales2023-04-012024-03-31 11248819business:RegisteredOffice2023-04-012024-03-31 11248819core:PlantMachinery2023-04-012024-03-31 11248819core:MotorVehicles2023-04-012024-03-31 11248819core:ComputerEquipment2023-04-012024-03-31 112488192022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11248819 (England and Wales)
GEORGE SZEKELY DENTAL LABORATORY LTD Unaudited accounts for the year ended 31 March 2024
GEORGE SZEKELY DENTAL LABORATORY LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
138,333 
148,333 
Tangible assets
38,971 
43,078 
177,304 
191,411 
Current assets
Debtors
92,734 
91,194 
Cash at bank and in hand
193,564 
117,177 
286,298 
208,371 
Creditors: amounts falling due within one year
(202,404)
(182,493)
Net current assets
83,894 
25,878 
Total assets less current liabilities
261,198 
217,289 
Creditors: amounts falling due after more than one year
(15,503)
(26,152)
Net assets
245,695 
191,137 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
245,595 
191,037 
Shareholders' funds
245,695 
191,137 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 June 2024 and were signed on its behalf by
Janine Cerbu Director Company Registration No. 11248819
- 2 -
GEORGE SZEKELY DENTAL LABORATORY LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
GEORGE SZEKELY DENTAL LABORATORY LTD is a private company, limited by shares, registered in England and Wales, registration number 11248819. The registered office is 296 BRIXTON HILL, LONDON, SW2 1HT, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Motor vehicles
25%
Computer equipment
25%
4
Intangible fixed assets
Total 
£ 
Cost
At 1 April 2023
188,333 
At 31 March 2024
188,333 
Amortisation
At 1 April 2023
40,000 
Charge for the year
10,000 
At 31 March 2024
50,000 
Net book value
At 31 March 2024
138,333 
At 31 March 2023
148,333 
- 3 -
GEORGE SZEKELY DENTAL LABORATORY LTD Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2023
116,924 
Additions
17,100 
Disposals
(14,606)
At 31 March 2024
119,418 
Depreciation
At 1 April 2023
73,846 
Charge for the year
12,991 
On disposals
(6,390)
At 31 March 2024
80,447 
Net book value
At 31 March 2024
38,971 
At 31 March 2023
43,078 
6
Average number of employees
During the year the average number of employees was 8 (2023: 8).
- 4 -