K3 DENTAL LTD

Company Registration Number:
13619985 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

K3 DENTAL LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

K3 DENTAL LTD

Balance sheet

As at 30 September 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 731,575 790,101
Tangible assets: 4 190,599 162,415
Total fixed assets: 922,174 952,516
Current assets
Stocks: 725 625
Debtors:   167,599 104,669
Cash at bank and in hand: 31,238 92,685
Total current assets: 199,562 197,979
Creditors: amounts falling due within one year: 5 (663,504) (499,505)
Net current assets (liabilities): (463,942) (301,526)
Total assets less current liabilities: 458,232 650,990
Creditors: amounts falling due after more than one year: 6 (111,610) (424,800)
Provision for liabilities: (47,650)
Total net assets (liabilities): 298,972 226,190
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 298,872 226,090
Shareholders funds: 298,972 226,190

The notes form part of these financial statements

K3 DENTAL LTD

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 June 2025
and signed on behalf of the board by:

Name: Dr S Kotecha
Status: Director

The notes form part of these financial statements

K3 DENTAL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at fair value of consideration received or receivable for services, excluding discounts and rebates.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write each asset over its estimated useful life. Plant and Machinery - over 10 years Computer Equipment - over 4 years

Intangible fixed assets and amortisation policy

Intangible assets are measured at cost. less any accumulated amortisation and any accumulated impairment losses. Goodwill is amortised over its estimated useful life of 15 years

Other accounting policies

Related Party exemption The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' including provisions of section 1 A 'Small Entities' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Stocks Stocks of consumable materials are valued at cost and net realisable value, after making allowance for obsolete and slow moving items, Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilitis are not discounted. Current tax is recognised at the amount of tax payable using the rates and laws that have been enacted or substantially 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 by the year end and that are expected to apply to the reversal of the timing difference. Unreleived losses and deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabities or other future taxable profits.

K3 DENTAL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 10 9

K3 DENTAL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Intangible Assets

Total
Cost £
At 01 October 2023 877,890
At 30 September 2024 877,890
Amortisation
At 01 October 2023 87,789
Charge for year 58,526
At 30 September 2024 146,315
Net book value
At 30 September 2024 731,575
At 30 September 2023 790,101

K3 DENTAL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible Assets

Total
Cost £
At 01 October 2023 188,286
Additions 51,083
At 30 September 2024 239,369
Depreciation
At 01 October 2023 25,871
Charge for year 22,899
At 30 September 2024 48,770
Net book value
At 30 September 2024 190,599
At 30 September 2023 162,415

K3 DENTAL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Creditors: amounts falling due within one year note

2024 2023 £ £ Bank Loan 152,362 128,908 Amounts owed to group undertakings 365000 250,000 Hire purchase 9,662 21,256 Taxation 50,363 33,655 Other creditors 86,118 65,868

K3 DENTAL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Creditors: amounts falling due after more than one year note

2024 2023 Bank Loan (secured) 46,610 259,800 Directors Loan 65,000 165,000

K3 DENTAL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

7. Related party transactions

Name of the related party:
Relationship:
Directors
Description of the Transaction: Loan due to the directors
£
Balance at 01 October 2023 165,000
Balance at 30 September 2024 65,000