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REGISTERED NUMBER: 01993937 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

G S HALLIGAN (DENTAL LABORATORY) LIMITED

G S HALLIGAN (DENTAL LABORATORY) LIMITED (REGISTERED NUMBER: 01993937)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


G S HALLIGAN (DENTAL LABORATORY) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: G S Halligan





SECRETARY: Mrs A M Halligan





REGISTERED OFFICE: 127 Coombs Road
Halesowen
West Midlands
B62 8AF





REGISTERED NUMBER: 01993937 (England and Wales)





ACCOUNTANTS: Crombies Accountants Limited
Chartered Accountants
34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG

G S HALLIGAN (DENTAL LABORATORY) LIMITED (REGISTERED NUMBER: 01993937)

STATEMENT OF FINANCIAL POSITION
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 177,895 138,440
Investments 5 3,604 3,604
181,499 142,044

CURRENT ASSETS
Stocks 6 3,250 5,500
Debtors 7 129,609 221,933
Prepayments and accrued income 5,365 7,170
Cash at bank 21,352 29,309
159,576 263,912
CREDITORS
Amounts falling due within one year 8 110,238 158,181
NET CURRENT ASSETS 49,338 105,731
TOTAL ASSETS LESS CURRENT
LIABILITIES

230,837

247,775

CREDITORS
Amounts falling due after more than one
year

9

7,000

13,000
NET ASSETS 223,837 234,775

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 223,735 234,673
SHAREHOLDERS' FUNDS 223,837 234,775

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

G S HALLIGAN (DENTAL LABORATORY) LIMITED (REGISTERED NUMBER: 01993937)

STATEMENT OF FINANCIAL POSITION - continued
31 MAY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 January 2025 and were signed by:





G S Halligan - Director


G S HALLIGAN (DENTAL LABORATORY) LIMITED (REGISTERED NUMBER: 01993937)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

G S Halligan (Dental Laboratory) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements.
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets are included at cost less depreciation and impairment. Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives as follows:

Fixtures,fittings and equipment - 15% per annum reducing balance basis.

Motor vehicles - 25% per annum reducing balance basis.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

G S HALLIGAN (DENTAL LABORATORY) LIMITED (REGISTERED NUMBER: 01993937)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

2. ACCOUNTING POLICIES - continued

Pension costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments
Investments in shares are included at cost which is the fair value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 16 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
and Motor
equipment vehicles Totals
£    £    £   
COST
At 1 June 2023 102,562 144,333 246,895
Additions 78,308 4,800 83,108
At 31 May 2024 180,870 149,133 330,003
DEPRECIATION
At 1 June 2023 63,519 44,936 108,455
Charge for year 17,603 26,050 43,653
At 31 May 2024 81,122 70,986 152,108
NET BOOK VALUE
At 31 May 2024 99,748 78,147 177,895
At 31 May 2023 39,043 99,397 138,440

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 June 2023
and 31 May 2024 3,604
NET BOOK VALUE
At 31 May 2024 3,604
At 31 May 2023 3,604

6. STOCKS
2024 2023
£    £   
Raw materials 3,250 5,500

G S HALLIGAN (DENTAL LABORATORY) LIMITED (REGISTERED NUMBER: 01993937)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

7. DEBTORS
2024 2023
£    £   
Trade debtors 122,671 117,033
Other debtors 6,938 104,900
129,609 221,933

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,000 6,000
Trade creditors 63,920 100,602
Taxation and social security 3,052 12,155
Other creditors 37,266 39,424
110,238 158,181

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 7,000 13,000