Company registration number 03862649 (England and Wales)
D B DENTAL EQUIPMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
D B DENTAL EQUIPMENT LIMITED
CONTENTS
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5
D B Dental Equipment Limited
D B DENTAL EQUIPMENT LIMITED
Statement of financial position
as at 31 October 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
345,277
378,534
Current assets
Stocks
462,825
733,487
Debtors
4
846,365
614,300
Cash at bank and in hand
746,259
617,470
2,055,449
1,965,257
Creditors: amounts falling due within one year
5
(2,005,807)
(2,232,967)
Net current assets/(liabilities)
49,642
(267,710)
Total assets less current liabilities
394,919
110,824
Creditors: amounts falling due after more than one year
6
(14,788)
(18,125)
Net assets
380,131
92,699
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
380,129
92,697
Total equity
380,131
92,699
D B Dental Equipment Limited
D B DENTAL EQUIPMENT LIMITED
Statement of financial position (CONTINUED)
as at 31 October 2024
- 2 -

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

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.

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

The financial statements were approved by the board of directors and authorised for issue on 10 March 2025 and are signed on its behalf by:
D M Bennett
Director
Company Registration No. 03862649
D B DENTAL EQUIPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
- 3 -
1
Accounting policies
Company information

D B Dental Equipment Limited is a private company limited by shares incorporated in England and Wales. The registered office is 53 Smithy Carr Lane, Brighouse, HD6 4BG.

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.

The financial statements are prepared in sterling, which is the functional currency of the company.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents the fair value of the consideration received for goods and services provided in the normal course of business, and is shown net of VAT. Turnover is recognised upon the provision of goods and services.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost less depreciation.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings & equipment
15% reducing balance & 33.33% straight line
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

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 income statement 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.

1.6
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

D B DENTAL EQUIPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
1
Accounting policies
(Continued)
- 4 -
1.7
Leases

Assets obtained under hire purchase contracts are capitalised as tangible assets and are depreciated over their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the payments are charged to the profit and loss account on a straight line basis over the period of the agreement.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
14
22
3
Tangible fixed assets
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
Cost
At 1 November 2023
202,219
455,233
657,452
Additions
8,136
150,237
158,373
Disposals
(134,167)
(119,690)
(253,857)
At 31 October 2024
76,188
485,780
561,968
Depreciation and impairment
At 1 November 2023
141,716
137,202
278,918
Depreciation charged in the year
37,582
89,693
127,275
Eliminated in respect of disposals
(134,167)
(55,335)
(189,502)
At 31 October 2024
45,131
171,560
216,691
Carrying amount
At 31 October 2024
31,057
314,220
345,277
At 31 October 2023
60,503
318,031
378,534
D B DENTAL EQUIPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
- 5 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
784,065
539,228
Amounts owed by group undertakings
-
0
13,716
Other debtors
5,861
-
0
Prepayments and accrued income
56,439
61,356
846,365
614,300
5
Creditors: amounts falling due within one year
2024
2023
£
£
Obligations under hire purchase
15,531
26,544
Trade creditors
836,067
1,256,370
Amounts owed to group undertakings
41,909
-
0
Corporation tax
182,874
156,494
Other taxation and social security
169,450
163,729
Other creditors
63,050
42,579
Accruals and deferred income
696,926
587,251
2,005,807
2,232,967

The obligations under hire purchase are secured against the assets to which they relate.

6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Obligations under hire purchase
14,788
18,125

The obligations under hire purchases are secured against the assets to which they relate.

7
Parent company

The parent company is DBD (Holdings) Ltd and its registered office is 53 Smithy Carr Lane, Brighouse, HD6 4BG.

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