Company Registration No. 12845709 (England and Wales)
W Dental Limited
Unaudited accounts
for the year ended 31 August 2024
W Dental Limited
Unaudited accounts
Contents
W Dental Limited
Company Information
for the year ended 31 August 2024
Directors
Obaid Umar Khalid
Alay Abbas Zaidi
Company Number
12845709 (England and Wales)
Registered Office
46-48 London Road
Twickenham
TW1 3RJ
England
Accountants
Capital Talks LLP
Accountants & Tax consultants
310D - EW Sterling House
Langston Road
Loughton
IG10 3TS
Accountants' report to the board of directors on the preparation of the unaudited statutory statements of W Dental Limited (The Company) for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 31 August 2024 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to the board of directors of the company, as a body, in accordance with the terms of our letter of engagement dated . Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to the board of directors of the company as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its board of directors as a body for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the requirement to have a statutory audit for the year ended 31 August 2024.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Capital Talks LLP
Financial Accountants
Accountants & Tax consultants
310D - EW Sterling House
Langston Road
Loughton
IG10 3TS
27 May 2025
W Dental Limited
Statement of financial position
as at 31 August 2024
Tangible assets
185,460
159,382
Cash at bank and in hand
10,482
9,071
Creditors: amounts falling due within one year
(99,711)
(102,584)
Net current assets
54,035
26,453
Total assets less current liabilities
239,495
185,835
Creditors: amounts falling due after more than one year
(243,680)
(204,383)
Net liabilities
(4,185)
(18,548)
Called up share capital
100
100
Profit and loss account
(4,285)
(18,648)
Shareholders' funds
(4,185)
(18,548)
For the year ending 31 August 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 27 May 2025 and were signed on its behalf by
Alay Abbas Zaidi
Director
Company Registration No. 12845709
W Dental Limited
Notes to the Accounts
for the year ended 31 August 2024
W Dental Limited is a private company, limited by shares, registered in England and Wales, registration number 12845709. The registered office is 46-48 London Road, Twickenham, TW1 3RJ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
10% on cost.
Plant & machinery
10% on cost.
Fixtures & fittings
10% on cost.
Computer equipment
20% on cost.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
W Dental Limited
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
88,500
90,324
56,500
8,420
243,744
Additions
-
52,934
-
4,230
57,164
At 31 August 2024
88,500
143,258
56,500
12,650
300,908
At 1 September 2023
19,912
40,645
19,068
4,737
84,362
Charge for the year
8,850
14,118
5,650
2,468
31,086
At 31 August 2024
28,762
54,763
24,718
7,205
115,448
At 31 August 2024
59,738
88,495
31,782
5,445
185,460
At 31 August 2023
68,588
49,679
37,432
3,683
159,382
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
-
49,679
Amounts falling due within one year
Trade debtors
25,550
15,550
Accrued income and prepayments
14,000
14,000
Other debtors
58,582
61,596
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,800
7,800
Obligations under finance leases and hire purchase contracts
36,113
21,651
Taxes and social security
10,023
18,708
Other creditors
45,000
52,000
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
173,005
162,183
W Dental Limited
Notes to the Accounts
for the year ended 31 August 2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The director, Obaid Umar and Alay Abbas, controls the company as a result of controlling directly or indirectly 100% of the issued share capital.
10
Average number of employees
During the year the average number of employees was 8 (2023: 7).