Company registration number 09611529 (England and Wales)
HANHAM DENTAL LABORATORY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
30-31 St. James Place
Mangotsfield
Bristol
United Kingdom
BS16 9JB
HANHAM DENTAL LABORATORY LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 6
HANHAM DENTAL LABORATORY LIMITED
COMPANY INFORMATION
- 1 -
Directors
Mrs R Alimohamed
Dr F Alimohamed
Company number
09611529
Registered office
30 - 31 St James Place
Mangotsfield
Bristol
BS16 9JB
Accountants
TC Group
30-31 St James Place
Mangotsfield
Bristol
England
BS16 9JB
HANHAM DENTAL LABORATORY LIMITED
BALANCE SHEET
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
4
96,157
114,877
Current assets
Stocks
66,835
55,418
Debtors
5
214,527
196,973
Cash at bank and in hand
247,249
226,255
528,611
478,646
Creditors: amounts falling due within one year
6
(125,335)
(106,523)
Net current assets
403,276
372,123
Total assets less current liabilities
499,433
487,000
Provisions for liabilities
(23,010)
(27,463)
Net assets
476,423
459,537
Capital and reserves
Called up share capital
200
200
Profit and loss reserves
476,223
459,337
Total equity
476,423
459,537
HANHAM DENTAL LABORATORY LIMITED
BALANCE SHEET (CONTINUED)
- 3 -
For the financial year ended 30 June 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 of its financial statements for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 25 January 2025 and are signed on its behalf by:
Mrs R Alimohamed
Dr F Alimohamed
Director
Director
Company registration number 09611529 (England and Wales)
HANHAM DENTAL LABORATORY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
- 4 -
1
Accounting policies
Company information
Hanham Dental Laboratory Limited is a private company limited by shares incorporated in England and Wales. The registered office is 30 - 31 St James Place, Mangotsfield, Bristol, BS16 9JB.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
25% reducing balance
Fixtures and fittings
25% reducing balance
Computers
25% reducing balance
Motor vehicles
25% reducing balance
1.4
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.
1.5
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.
HANHAM DENTAL LABORATORY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
1
Accounting policies
(Continued)
- 5 -
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the 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.
1.6
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
In the opinion of the directors there are no significant judgements or areas of estimation uncertainty.
3
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
30
32
HANHAM DENTAL LABORATORY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 6 -
4
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 July 2023
119,997
9,456
38,013
77,772
245,238
Additions
6,780
3,860
10,640
At 30 June 2024
126,777
9,456
41,873
77,772
255,878
Depreciation and impairment
At 1 July 2023
91,222
7,144
27,134
4,861
130,361
Depreciation charged in the year
7,335
578
3,219
18,228
29,360
At 30 June 2024
98,557
7,722
30,353
23,089
159,721
Carrying amount
At 30 June 2024
28,220
1,734
11,520
54,683
96,157
At 30 June 2023
28,775
2,312
10,879
72,911
114,877
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
161,594
151,147
Other debtors
52,933
45,826
214,527
196,973
Within other debtors is a balance of £37,800 (2023, £1,500) due from The Alimohamed Property Company Limited, a company under common control. The loan is interest free and repayable on demand.
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
32,290
34,318
Taxation and social security
68,484
47,876
Other creditors
24,561
24,329
125,335
106,523