1 April 2024 v2025.21.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP137574212024-04-012025-03-31137574212025-03-31137574212024-03-3113757421core:WithinOneYear2025-03-3113757421core:WithinOneYear2024-03-3113757421core:ShareCapital2025-03-3113757421core:ShareCapital2024-03-3113757421core:RetainedEarningsAccumulatedLosses2025-03-3113757421core:RetainedEarningsAccumulatedLosses2024-03-3113757421bus:Director12024-04-012025-03-3113757421bus:RegisteredOffice2024-04-012025-03-3113757421core:NetGoodwill2024-04-012025-03-3113757421core:Goodwill2024-04-012025-03-3113757421core:PlantMachinery2024-04-012025-03-3113757421core:OfficeEquipment2024-04-012025-03-3113757421core:FurnitureFittings2024-04-012025-03-31137574212023-04-012024-03-3113757421core:NetGoodwill2025-03-3113757421core:NetGoodwill2024-04-0113757421core:NetGoodwill2024-03-3113757421core:PlantMachinery2024-04-0113757421core:PlantMachinery2025-03-3113757421core:PlantMachinery2024-03-3113757421core:BetweenOneFiveYears2025-03-311375742112024-04-012025-03-3113757421countries:EnglandWales2024-04-012025-03-3113757421bus:AuditExemptWithAccountantsReport2024-04-012025-03-3113757421bus:PrivateLimitedCompanyLtd2024-04-012025-03-3113757421bus:SmallEntities2024-04-012025-03-3113757421bus:FullAccounts2024-04-012025-03-31
Company registration number:
13757421
Atomic Dental Lab Ltd
Unaudited Filleted Financial Statements for the year ended
31 March 2025
Atomic Dental Lab Ltd
Statement of Financial Position
31 March 2025
20252024
Note££
Fixed assets    
Intangible assets 5
46,667
 
53,667
 
Tangible assets 6
12,211
 
8,214
 
58,878
 
61,881
 
Current assets    
Cash at bank and in hand
39,620
 
46,692
 
Creditors: amounts falling due within one year 7
(38,597
)
(52,724
)
Net current assets/(liabilities)
1,023
 
(6,032
)
Total assets less current liabilities 59,901   55,849  
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
59,801
 
55,749
 
Shareholders funds
59,901
 
55,849
 
For the year ending
31 March 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • 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;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
24 April 2025
, and are signed on behalf of the board by:
D Baldry
Director
Company registration number:
13757421
Atomic Dental Lab Ltd
Notes to the Financial Statements
Year ended
31 March 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Unit 11a
,
Bridge Road
,
Camberley
,
England
,
GU15 2QR
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Turnover from the sale of goods is recognised when goods are delivered and legal title has passed.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax, where material, is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten 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.
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Goodwill
10% straight line

Tangible assets

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant and machinery
25% straight line
Office equipment
25% straight line
Fixtures and fittings
15% Reducing balance

Pension costs and other post-retirement benefits

The company pays into the Director's pension scheme. Contributions payable are charged to profit or loss in the period to which they relate.

Operating leases

A lease is classified as an operating lease if it does not transfer substantially all the risks and rewards incidental to ownership. Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

4 Average number of employees

The average number of persons employed by the company during the year was
2
(2024:
1
).

5 Intangible assets

Goodwill
£
Cost  
At
1 April 2024
and
31 March 2025
70,000
 
Amortisation  
At
1 April 2024
16,333
 
Charge
7,000
 
At
31 March 2025
23,333
 
Carrying amount  
At
31 March 2025
46,667
 
At 31 March 2024
53,667
 

6 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2024
13,427
 
Additions
8,188
 
At
31 March 2025
21,615
 
Depreciation  
At
1 April 2024
5,213
 
Charge
4,191
 
At
31 March 2025
9,404
 
Carrying amount  
At
31 March 2025
12,211
 
At 31 March 2024
8,214
 

7 Creditors: amounts falling due within one year

20252024
££
Taxation and social security
13,356
 
20,872
 
Other creditors
25,241
 
31,852
 
38,597
 
52,724
 

8 Operating leases

The company as lessee    
20252024
££
Not later than 1 year
24,771
 
0.00
 
Later than 1 year and not later than 5 years
84,636
 - 
109,407
 - 

10 Called Up Share Capital

Ordinary 'A' @ Nominal Value of £1 = 51 2025 and 2024
Ordinary 'B' @ Nominal Value of £1 = 49 2025 and 2024