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Company Registration No. 12597173 (England and Wales)
MAXFAXDENTALIMPLANTS LIMITED Unaudited accounts for the year ended 31 May 2024
MAXFAXDENTALIMPLANTS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
MAXFAXDENTALIMPLANTS LIMITED Company Information for the year ended 31 May 2024
Directors
Jagtar DHANDA Eleanor DHANDA
Company Number
12597173 (England and Wales)
Registered Office
47 HASSOCKS ROAD HURSTPIERPOINT HASSOCKS BN6 9QL ENGLAND
Accountants
Sipher Accounting & Tax Regus Gatwick Churchill Court, 3 Manor Royal Crawley RH10 9LU
- 3 -
MAXFAXDENTALIMPLANTS LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
144,053 
102,989 
Investments
5
599,196 
- 
743,249 
102,989 
Current assets
Debtors
6
660 
- 
Cash at bank and in hand
296,587 
833,324 
297,247 
833,324 
Creditors: amounts falling due within one year
7
(65,234)
(84,026)
Net current assets
232,013 
749,298 
Total assets less current liabilities
975,262 
852,287 
Creditors: amounts falling due after more than one year
8
(18,215)
(88,826)
Provisions for liabilities
Deferred tax
(27,421)
- 
Net assets
929,626 
763,461 
Capital and reserves
Share premium
100 
100 
Profit and loss account
929,526 
763,361 
Shareholders' funds
929,626 
763,461 
For the year ending 31 May 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2025 and were signed on its behalf by
Jagtar DHANDA Director Company Registration No. 12597173
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MAXFAXDENTALIMPLANTS LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
MAXFAXDENTALIMPLANTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12597173. The registered office is 47 HASSOCKS ROAD, HURSTPIERPOINT, HASSOCKS, BN6 9QL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
20% straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
103,602 
50,500 
154,102 
Additions
83,121 
39,554 
122,675 
Disposals
- 
(50,500)
(50,500)
At 31 May 2024
186,723 
39,554 
226,277 
Depreciation
At 1 June 2023
30,913 
20,200 
51,113 
Charge for the year
41,423 
9,888 
51,311 
On disposals
- 
(20,200)
(20,200)
At 31 May 2024
72,336 
9,888 
82,224 
Net book value
At 31 May 2024
114,387 
29,666 
144,053 
At 31 May 2023
72,689 
30,300 
102,989 
- 5 -
MAXFAXDENTALIMPLANTS LIMITED Notes to the Accounts for the year ended 31 May 2024
5
Investments
Other investments 
£ 
Valuation at 1 June 2023
- 
Additions
599,196 
Valuation at 31 May 2024
599,196 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
660 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,500 
10,500 
Obligations under finance leases and hire purchase contracts
- 
6,000 
Taxes and social security
50,636 
66,026 
Other creditors
2,598 
- 
Accruals
1,500 
1,500 
65,234 
84,026 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,844 
17,479 
Obligations under finance leases and hire purchase contracts
- 
30,352 
Other creditors
11,371 
40,995 
18,215 
88,826 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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