Company Registration No. SC476491 (Scotland)
Vitaliteeth Limited
Unaudited accounts
for the year ended 30 September 2024
Vitaliteeth Limited
Unaudited accounts
Contents
Vitaliteeth Limited
Company Information
for the year ended 30 September 2024
Directors
A Bashir
S Bashir
H Ibrahim
Y Othman
Company Number
SC476491 (Scotland)
Registered Office
116 Ocean Drive
Leith
Edinburgh
EH6 6JG
Accountants
Assenti & Noble Ltd
18 Mosshead Road
Bearsden
Glasgow
G61 3HN
Vitaliteeth Limited
Statement of financial position
as at 30 September 2024
Tangible assets
198,502
249,925
Cash at bank and in hand
926
6,417
Creditors: amounts falling due within one year
(501,531)
(321,727)
Net current assets
149,663
276,113
Total assets less current liabilities
348,165
526,038
Creditors: amounts falling due after more than one year
(331,878)
(409,265)
Called up share capital
100
100
Share premium
106,568
106,568
Profit and loss account
(90,381)
10,105
Shareholders' funds
16,287
116,773
For the year ending 30 September 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 29 May 2025 and were signed on its behalf by
A Bashir
Director
Company Registration No. SC476491
Vitaliteeth Limited
Notes to the Accounts
for the year ended 30 September 2024
Vitaliteeth Limited is a private company, limited by shares, registered in Scotland, registration number SC476491. The registered office is 116 Ocean Drive, Leith, Edinburgh, EH6 6JG.
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.
The accounts are presented in £ sterling.
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business.
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
20% straight line
Motor vehicles
15% reducing balance
Computer equipment
25% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Vitaliteeth Limited
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
360,619
108,600
51,743
520,962
Additions
17,700
-
450
18,150
At 30 September 2024
378,319
108,600
52,193
539,112
At 1 October 2023
214,883
16,290
39,864
271,037
Charge for the year
49,250
13,846
6,477
69,573
At 30 September 2024
264,133
30,136
46,341
340,610
At 30 September 2024
114,186
78,464
5,852
198,502
At 30 September 2023
145,736
92,310
11,879
249,925
Amounts falling due within one year
Deferred tax asset
58,617
38,387
Accrued income and prepayments
103,911
110,393
Other debtors
480,691
435,697
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
142,034
63,209
Obligations under finance leases and hire purchase contracts
67,908
61,814
Trade creditors
157,718
94,076
Taxes and social security
(4,137)
(4,137)
Other creditors
91,892
74,627
Loans from directors
2,916
-
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
195,099
204,568
Obligations under finance leases and hire purchase contracts
136,779
204,697
On 5 September 2014 the company granted a floating charge over its assets in favour of Santander UK plc in relation to a loan held by Be Dental Limited, a company in which director, Dr A Bashir, is also a director and shareholder.
Vitaliteeth Limited
Notes to the Accounts
for the year ended 30 September 2024
9
Average number of employees
During the year the average number of employees was 1 (2023: 0).