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REGISTERED NUMBER: SC645797 (Scotland)













Unaudited Financial Statements

for the Year Ended 31 October 2024

for

ODONTO DM LTD

ODONTO DM LTD (REGISTERED NUMBER: SC645797)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ODONTO DM LTD

Company Information
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: D F McLay





REGISTERED OFFICE: 6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ





REGISTERED NUMBER: SC645797 (Scotland)





ACCOUNTANTS: BK Plus Ltd
6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
Lanarkshire
G1 3NQ

ODONTO DM LTD (REGISTERED NUMBER: SC645797)

Balance Sheet
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,488 4,984

CURRENT ASSETS
Debtors 5 57,687 59,663
Investments 6 451,157 451,157
Cash at bank 28,304 21,865
537,148 532,685
CREDITORS
Amounts falling due within one year 7 84,488 78,770
NET CURRENT ASSETS 452,660 453,915
TOTAL ASSETS LESS CURRENT
LIABILITIES

455,148

458,899

CREDITORS
Amounts falling due after more than one
year

8

(332,799

)

(362,823

)

PROVISIONS FOR LIABILITIES (622 ) (947 )
NET ASSETS 121,727 95,129

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 121,717 95,119
121,727 95,129

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

ODONTO DM LTD (REGISTERED NUMBER: SC645797)

Balance Sheet - continued
31 OCTOBER 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 17 March 2025 and were signed by:





D F McLay - Director


ODONTO DM LTD (REGISTERED NUMBER: SC645797)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Odonto DM Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on a straight line basis
Computer equipment - 33% on a straight line basis

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits
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.

ODONTO DM LTD (REGISTERED NUMBER: SC645797)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 November 2023 9,156 4,374 13,530
Additions - 849 849
At 31 October 2024 9,156 5,223 14,379
DEPRECIATION
At 1 November 2023 5,280 3,266 8,546
Charge for year 2,076 1,269 3,345
At 31 October 2024 7,356 4,535 11,891
NET BOOK VALUE
At 31 October 2024 1,800 688 2,488
At 31 October 2023 3,876 1,108 4,984

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 21,547 15,517
Other debtors 36,140 44,146
57,687 59,663

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Unlisted investments 451,157 451,157

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 41,267 35,420
Other creditors 43,221 43,350
84,488 78,770

ODONTO DM LTD (REGISTERED NUMBER: SC645797)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Other creditors 332,799 362,823