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REGISTERED NUMBER: 08057762 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

ATHENA DENTAL LABORATORY LIMITED

ATHENA DENTAL LABORATORY LIMITED (REGISTERED NUMBER: 08057762)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ATHENA DENTAL LABORATORY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Dr P Balachandiran
Mr R Ramachandren





REGISTERED OFFICE: 54 High Road
London
N2 9PN





REGISTERED NUMBER: 08057762 (England and Wales)






ATHENA DENTAL LABORATORY LIMITED (REGISTERED NUMBER: 08057762)

STATEMENT OF FINANCIAL POSITION
31 MAY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 55,589 74,119

CURRENT ASSETS
Stocks 1,311 1,794
Debtors 5 141,672 181,935
Cash at bank and in hand 2,836 911
145,819 184,640
CREDITORS
Amounts falling due within one year 6 74,320 91,047
NET CURRENT ASSETS 71,499 93,593
TOTAL ASSETS LESS CURRENT
LIABILITIES

127,088

167,712

CREDITORS
Amounts falling due after more than one year 7 26,997 72,074
NET ASSETS 100,091 95,638

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 99,991 95,538
100,091 95,638

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by:




Dr P Balachandiran - Director


ATHENA DENTAL LABORATORY LIMITED (REGISTERED NUMBER: 08057762)

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

1. STATUTORY INFORMATION

Athena Dental Laboratory 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.

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 reducing balance

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 statement of financial position date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

ATHENA DENTAL LABORATORY LIMITED (REGISTERED NUMBER: 08057762)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 113,471 5,400 118,871
DEPRECIATION
At 1 June 2023 39,892 4,860 44,752
Charge for year 18,395 135 18,530
At 31 May 2024 58,287 4,995 63,282
NET BOOK VALUE
At 31 May 2024 55,184 405 55,589
At 31 May 2023 73,579 540 74,119

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 68,322 50,046
Other debtors 73,350 131,889
141,672 181,935

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 20,800 20,800
Hire purchase contracts 6,682 13,602
Taxation and social security 21,272 7,321
Other creditors 25,566 49,324
74,320 91,047

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 26,997 47,833
Hire purchase contracts - 24,241
26,997 72,074

ATHENA DENTAL LABORATORY LIMITED (REGISTERED NUMBER: 08057762)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
Dr P Balachandiran
Balance outstanding at start of year 131,889 56,208
Amounts advanced 205,884 193,066
Amounts repaid (264,423 ) (117,385 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 73,350 131,889

Interest, at the official rate, amounting to £2,534 (2023: £2,322) was charged on the loan account. The loan was repaid within nine months of the year end.

9. ULTIMATE CONTROLLING PARTY

During the period under review, the company was under the control of the director, Dr P Balachandiran.