IRIS Accounts Production v24.3.2.46 11382349 director 1.10.23 30.9.24 30.9.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113823492023-09-30113823492024-09-30113823492023-10-012024-09-30113823492022-09-30113823492022-10-012023-09-30113823492023-09-3011382349ns15:EnglandWales2023-10-012024-09-3011382349ns14:PoundSterling2023-10-012024-09-3011382349ns10:Director12023-10-012024-09-3011382349ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3011382349ns10:SmallEntities2023-10-012024-09-3011382349ns10:AuditExemptWithAccountantsReport2023-10-012024-09-3011382349ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3011382349ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3011382349ns10:FullAccounts2023-10-012024-09-301138234912023-10-012024-09-3011382349ns10:CompanySecretary12023-10-012024-09-3011382349ns10:RegisteredOffice2023-10-012024-09-3011382349ns5:CurrentFinancialInstruments2024-09-3011382349ns5:CurrentFinancialInstruments2023-09-3011382349ns5:ShareCapital2024-09-3011382349ns5:ShareCapital2023-09-3011382349ns5:RetainedEarningsAccumulatedLosses2024-09-3011382349ns5:RetainedEarningsAccumulatedLosses2023-09-3011382349ns5:NetGoodwill2023-10-012024-09-3011382349ns5:PlantMachinery2023-10-012024-09-3011382349ns5:OwnedAssets2023-10-012024-09-3011382349ns5:OwnedAssets2022-10-012023-09-3011382349ns5:NetGoodwill2022-10-012023-09-3011382349ns5:NetGoodwill2023-09-3011382349ns5:NetGoodwill2024-09-3011382349ns5:NetGoodwill2023-09-3011382349ns5:PlantMachinery2023-09-3011382349ns5:PlantMachinery2024-09-3011382349ns5:PlantMachinery2023-09-3011382349ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3011382349ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3011382349ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-09-3011382349ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-09-30
REGISTERED NUMBER: 11382349 (England and Wales)















REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

SUTTON ORTHODONTICS LIMITED

SUTTON ORTHODONTICS LIMITED (REGISTERED NUMBER: 11382349)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


SUTTON ORTHODONTICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTOR: Dr D Arya





SECRETARY: Dr D Arya





REGISTERED OFFICE: 103 Brighton Road
Sutton
Surrey
SM2 5SJ





REGISTERED NUMBER: 11382349 (England and Wales)





ACCOUNTANTS: Ross Brooke Dental
Suite I,
Windrush Court
Abingdon
Oxfordshire
OX14 1SY

SUTTON ORTHODONTICS LIMITED (REGISTERED NUMBER: 11382349)

REPORT OF THE DIRECTOR
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

The director presents her report with the financial statements of the company for the year ended 30th September 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of the provision of orthodontic treatments.

DIRECTOR
Dr D Arya held office during the whole of the period from 1st October 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Dr D Arya - Director


25th April 2025

SUTTON ORTHODONTICS LIMITED (REGISTERED NUMBER: 11382349)

INCOME STATEMENT
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

2024 2023
Notes £    £   

TURNOVER 1,908,498 1,740,781

Cost of sales (432,190 ) (380,163 )
GROSS PROFIT 1,476,308 1,360,618

Distribution costs (304,885 ) (254,766 )
Administrative expenses (409,355 ) (409,776 )
OPERATING PROFIT 4 762,068 696,076

Interest receivable and similar income 7,413 5,179
769,481 701,255

Interest payable and similar expenses - (20,739 )
PROFIT BEFORE TAXATION 769,481 680,516

Tax on profit (261,001 ) (202,960 )
PROFIT FOR THE FINANCIAL YEAR 508,480 477,556

SUTTON ORTHODONTICS LIMITED (REGISTERED NUMBER: 11382349)

BALANCE SHEET
30TH SEPTEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 5 - 240,000
Tangible assets 6 28,010 55,750
28,010 295,750

CURRENT ASSETS
Stocks 11,000 11,000
Debtors 7 101,347 102,302
Cash at bank and in hand 973,837 854,261
1,086,184 967,563
CREDITORS
Amounts falling due within one year 8 (360,412 ) (315,553 )
NET CURRENT ASSETS 725,772 652,010
TOTAL ASSETS LESS CURRENT
LIABILITIES

753,782

947,760

PROVISIONS FOR LIABILITIES (7,003 ) (5,461 )
NET ASSETS 746,779 942,299

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 746,679 942,199
746,779 942,299

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

SUTTON ORTHODONTICS LIMITED (REGISTERED NUMBER: 11382349)

BALANCE SHEET - continued
30TH SEPTEMBER 2024


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

The financial statements were approved by the director and authorised for issue on 25th April 2025 and were signed by:





Dr D Arya - Director


SUTTON ORTHODONTICS LIMITED (REGISTERED NUMBER: 11382349)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

1. STATUTORY INFORMATION

Sutton Orthodontics 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 2019, is being amortised evenly over its estimated useful life of five years.

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 etc - at varying rates on cost

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 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.

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.

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.

SUTTON ORTHODONTICS LIMITED (REGISTERED NUMBER: 11382349)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 15 ) .

4. OPERATING PROFIT

The operating profit is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 27,740 28,560
Goodwill amortisation 240,000 240,000

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st October 2023
and 30th September 2024 1,200,000
AMORTISATION
At 1st October 2023 960,000
Charge for year 240,000
At 30th September 2024 1,200,000
NET BOOK VALUE
At 30th September 2024 -
At 30th September 2023 240,000

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st October 2023
and 30th September 2024 142,640
DEPRECIATION
At 1st October 2023 86,890
Charge for year 27,740
At 30th September 2024 114,630
NET BOOK VALUE
At 30th September 2024 28,010
At 30th September 2023 55,750

SUTTON ORTHODONTICS LIMITED (REGISTERED NUMBER: 11382349)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

7. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 94,489 89,886
Other debtors 6,858 6,767
101,347 96,653

Amounts falling due after more than one year:
Other debtors - 5,649

Aggregate amounts 101,347 102,302

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 18,585 21,267
Taxation and social security 259,305 204,922
Other creditors 82,522 89,364
360,412 315,553

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   

The bank overdraft facility is secured with a fixed and floating charge secured on the leasehold property. At the balance sheet date the overdraft was not being used.