ELSTEAD DENTAL LTD

Company Registration Number:
08896771 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

ELSTEAD DENTAL LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

ELSTEAD DENTAL LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 49,937 95,276
Tangible assets: 4 52,101 56,481
Total fixed assets: 102,038 151,757
Current assets
Stocks: 5,392 5,392
Debtors:   48,734 38,074
Cash at bank and in hand: 46,580 36,583
Total current assets: 100,706 80,049
Creditors: amounts falling due within one year:   (91,473) (77,229)
Net current assets (liabilities): 9,233 2,820
Total assets less current liabilities: 111,271 154,577
Creditors: amounts falling due after more than one year:   (76,508) (143,132)
Total net assets (liabilities): 34,763 11,445
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 34,663 11,345
Shareholders funds: 34,763 11,445

The notes form part of these financial statements

ELSTEAD DENTAL LTD

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 March 2025
and signed on behalf of the board by:

Name: Minna Miettinen
Status: Director

The notes form part of these financial statements

ELSTEAD DENTAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Tangible fixed assets and depreciation policy

Tangible fixed assets Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Office equipment & furniture - 33% reducing balance Plant & machinery - 20% reducing balance Motor vehicles - 25% reducing balance

Intangible fixed assets and amortisation policy

Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years. Leasehold improvements are being written off in equal instalments over the period of the lease

Other accounting policies

Stocks Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. Debtors Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Provisions Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

ELSTEAD DENTAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 11 10

ELSTEAD DENTAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Intangible Assets

Total
Cost £
At 01 July 2023 471,016
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 June 2024 471,016
Amortisation
At 01 July 2023 375,740
Charge for year 45,339
On disposals 0
Other adjustments 0
At 30 June 2024 421,079
Net book value
At 30 June 2024 49,937
At 30 June 2023 95,276

ELSTEAD DENTAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible Assets

Total
Cost £
At 01 July 2023 169,440
Additions 8,982
Disposals 0
Revaluations 0
Transfers 0
At 30 June 2024 178,422
Depreciation
At 01 July 2023 112,959
Charge for year 13,362
On disposals 0
Other adjustments 0
At 30 June 2024 126,321
Net book value
At 30 June 2024 52,101
At 30 June 2023 56,481