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REGISTERED NUMBER: 10616916 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

N DENTAL LIMITED

N DENTAL LIMITED (REGISTERED NUMBER: 10616916)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


N DENTAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: N Duggal





REGISTERED OFFICE: Harpal House
14 Holyhead Road
Handsworth
Birmingham
West Midlands
B21 0LT





REGISTERED NUMBER: 10616916 (England and Wales)

N DENTAL LIMITED (REGISTERED NUMBER: 10616916)

BALANCE SHEET
31 MARCH 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 232,707 250,608
Tangible assets 5 126,888 89,491
359,595 340,099

CURRENT ASSETS
Debtors 6 32,794 58,528
Cash at bank 124,497 52,010
157,291 110,538
CREDITORS
Amounts falling due within one year 7 269,329 256,942
NET CURRENT LIABILITIES (112,038 ) (146,404 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

247,557

193,695

CREDITORS
Amounts falling due after more than one
year

8

(9,306

)

(13,280

)

PROVISIONS FOR LIABILITIES 10 (5,428 ) (5,428 )
NET ASSETS 232,823 174,987

CAPITAL AND RESERVES
Called up share capital 11 1,000 1,000
Retained earnings 12 231,823 173,987
SHAREHOLDERS' FUNDS 232,823 174,987

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

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

N DENTAL LIMITED (REGISTERED NUMBER: 10616916)

BALANCE SHEET - continued
31 MARCH 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 December 2024 and were signed by:





N Duggal - Director


N DENTAL LIMITED (REGISTERED NUMBER: 10616916)

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

1. STATUTORY INFORMATION

N Dental 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

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.

N DENTAL LIMITED (REGISTERED NUMBER: 10616916)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 358,011
AMORTISATION
At 1 April 2023 107,403
Amortisation for year 17,901
At 31 March 2024 125,304
NET BOOK VALUE
At 31 March 2024 232,707
At 31 March 2023 250,608

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 22,267 62,221 16,536 25,082 126,106
Additions - 45,168 3,665 3,040 51,873
At 31 March 2024 22,267 107,389 20,201 28,122 177,979
DEPRECIATION
At 1 April 2023 445 12,010 4,729 19,431 36,615
Charge for year 446 9,537 2,320 2,173 14,476
At 31 March 2024 891 21,547 7,049 21,604 51,091
NET BOOK VALUE
At 31 March 2024 21,376 85,842 13,152 6,518 126,888
At 31 March 2023 21,822 50,211 11,807 5,651 89,491

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
NHS Control account 32,794 22,528
Other Debtors - 36,000
32,794 58,528

N DENTAL LIMITED (REGISTERED NUMBER: 10616916)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Hire purchase contracts 5,434 -
Trade creditors 1,892 8,833
Tax 9,228 4,629
Social security and other taxes 1,595 925
Other creditors 236,185 237,802
Nest Pension 433 250
Directors' current accounts 9,272 1,520
Accrued expenses 5,290 2,983
269,329 256,942

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/24 31/3/23
£    £   
Bank loans (see note 9) 9,306 13,280

9. LOANS

An analysis of the maturity of loans is given below:

31/3/24 31/3/23
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 9,306 13,280

10. PROVISIONS FOR LIABILITIES
31/3/24 31/3/23
£    £   
Deferred tax 5,428 5,428

Deferred
tax
£   
Balance at 1 April 2023 5,428
Balance at 31 March 2024 5,428

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/24 31/3/23
value: £    £   
1,000 Ordinary £1 1,000 1,000

N DENTAL LIMITED (REGISTERED NUMBER: 10616916)

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

12. RESERVES
Retained
earnings
£   

At 1 April 2023 173,987
Profit for the year 58,836
Dividends (1,000 )
At 31 March 2024 231,823

13. RELATED PARTY DISCLOSURES

During the year, total dividends of £1,000 (2023 - £2,000) were paid to the director .