Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 SC358649 Dr Anne Saxby iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC358649 2023-06-30 SC358649 2024-06-30 SC358649 2023-07-01 2024-06-30 SC358649 frs-core:CurrentFinancialInstruments 2024-06-30 SC358649 frs-core:Non-currentFinancialInstruments 2024-06-30 SC358649 frs-core:BetweenOneFiveYears 2024-06-30 SC358649 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-06-30 SC358649 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-01 2024-06-30 SC358649 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-06-30 SC358649 frs-core:FurnitureFittings 2024-06-30 SC358649 frs-core:FurnitureFittings 2023-07-01 2024-06-30 SC358649 frs-core:FurnitureFittings 2023-06-30 SC358649 frs-core:PlantMachinery 2024-06-30 SC358649 frs-core:PlantMachinery 2023-07-01 2024-06-30 SC358649 frs-core:PlantMachinery 2023-06-30 SC358649 frs-core:ShareCapital 2024-06-30 SC358649 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 SC358649 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC358649 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 SC358649 frs-bus:SmallEntities 2023-07-01 2024-06-30 SC358649 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 SC358649 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 SC358649 frs-bus:Director1 2023-07-01 2024-06-30 SC358649 frs-core:CurrentFinancialInstruments 1 2024-06-30 SC358649 frs-core:CurrentFinancialInstruments 2 2024-06-30 SC358649 frs-countries:Scotland 2023-07-01 2024-06-30 SC358649 2022-06-30 SC358649 2023-06-30 SC358649 2022-07-01 2023-06-30 SC358649 frs-core:CurrentFinancialInstruments 2023-06-30 SC358649 frs-core:Non-currentFinancialInstruments 2023-06-30 SC358649 frs-core:BetweenOneFiveYears 2023-06-30 SC358649 frs-core:WithinOneYear 2023-06-30 SC358649 frs-core:ShareCapital 2023-06-30 SC358649 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 SC358649 frs-core:CurrentFinancialInstruments 1 2023-06-30 SC358649 frs-core:CurrentFinancialInstruments 2 2023-06-30
Registered number: SC358649
Dental Express (Edinburgh) Ltd.
Unaudited Financial Statements
For The Year Ended 30 June 2024
Glass Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC358649
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 594 756
Tangible Assets 5 86,452 60,755
87,046 61,511
CURRENT ASSETS
Debtors 6 866,505 845,719
Cash at bank and in hand 3,482 54,190
869,987 899,909
Creditors: Amounts Falling Due Within One Year 7 (156,296 ) (154,178 )
NET CURRENT ASSETS (LIABILITIES) 713,691 745,731
TOTAL ASSETS LESS CURRENT LIABILITIES 800,737 807,242
Creditors: Amounts Falling Due After More Than One Year 8 (383,487 ) (405,365 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (4,588 )
NET ASSETS 417,250 397,289
CAPITAL AND RESERVES
Called up share capital 10 132,653 132,653
Profit and Loss Account 284,597 264,636
SHAREHOLDERS' FUNDS 417,250 397,289
Page 1
Page 2
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Anne Saxby
Director
14/10/2024
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Dental Express (Edinburgh) Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC358649 . The registered office is 310-312 Portobello High Street, Edinburgh, EH15 2DA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Research and Development
Website 10% straight line
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.6. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 13)
12 13
4. Intangible Assets
Development Costs
£
Cost
As at 1 July 2023 1,620
As at 30 June 2024 1,620
Amortisation
As at 1 July 2023 864
Impairment losses 162
As at 30 June 2024 1,026
Net Book Value
As at 30 June 2024 594
As at 1 July 2023 756
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 July 2023 307,198 81,361 388,559
Additions 38,116 - 38,116
As at 30 June 2024 345,314 81,361 426,675
Depreciation
As at 1 July 2023 267,196 60,608 327,804
Provided during the period 12,419 - 12,419
As at 30 June 2024 279,615 60,608 340,223
Net Book Value
As at 30 June 2024 65,699 20,753 86,452
As at 1 July 2023 40,002 20,753 60,755
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6. Debtors
2024 2023
£ £
Due within one year
Dental Express (UK) Ltd - loan 818,090 788,284
NHS Debtor 47,677 47,677
Other debtors (2) 500 9,740
Net wages 238 18
866,505 845,719
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 146
Trade creditors 43,333 21,743
Bank loans and overdrafts - 25,632
Corporation tax 7,847 2,882
Other taxes and social security 3,625 3,196
Other creditors 1,491 100,579
Director's loan account 100,000 -
156,296 154,178
The bank term loan and overdraft facilities are secured by a bond and floating charge over the assets of the company together with personal guarantees from director.

The bounce back loan is unsecured.
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 10,074 26,522
Bank loans 373,413 378,843
383,487 405,365
The bank term loan and overdraft facilities are secured by a bond and floating charge over the assets of the company together with personal guarantees from director.

The bounce back loan is unsecured.
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 146
Later than one year and not later than five years 10,074 26,522
10,074 26,668
10,074 26,668
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10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 132,653 132,653
11. Related Party Transactions
During the period the company incurred rental charges of £48,000 (2022: £48,000) and charged a management fee of £12,000 (2022:£12,000) for administrative duties to Dental Express (UK) Ltd, a company in which director Dr Anne Saxby is also a director.
Included within other debtors is £788,283.91 (2022: £756,053) due from Dental Express (UK) Ltd.
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