IRIS Accounts Production v25.1.4.42 01009424 Board of Directors Board of Directors 1.11.23 31.10.24 31.10.24 8.7.25 true false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh010094242023-10-31010094242024-10-31010094242023-11-012024-10-31010094242022-10-31010094242022-11-012023-10-31010094242023-10-3101009424ns15:EnglandWales2023-11-012024-10-3101009424ns14:PoundSterling2023-11-012024-10-3101009424ns10:Director12023-11-012024-10-3101009424ns10:Director22023-11-012024-10-3101009424ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3101009424ns10:SmallEntities2023-11-012024-10-3101009424ns10:Audited2023-11-012024-10-3101009424ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3101009424ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3101009424ns10:FullAccounts2023-11-012024-10-3101009424ns10:CompanySecretary12023-11-012024-10-3101009424ns10:RegisteredOffice2023-11-012024-10-3101009424ns5:CurrentFinancialInstruments2024-10-3101009424ns5:CurrentFinancialInstruments2023-10-3101009424ns5:ShareCapital2024-10-3101009424ns5:ShareCapital2023-10-3101009424ns5:SharePremium2024-10-3101009424ns5:SharePremium2023-10-3101009424ns5:CapitalRedemptionReserve2024-10-3101009424ns5:CapitalRedemptionReserve2023-10-3101009424ns5:RetainedEarningsAccumulatedLosses2024-10-3101009424ns5:RetainedEarningsAccumulatedLosses2023-10-3101009424ns5:LandBuildings2023-11-012024-10-3101009424ns5:PlantMachinery2023-11-012024-10-3101009424ns5:LandBuildings2023-10-3101009424ns5:PlantMachinery2023-10-3101009424ns5:MotorVehicles2023-10-3101009424ns5:MotorVehicles2023-11-012024-10-3101009424ns5:LandBuildings2024-10-3101009424ns5:PlantMachinery2024-10-3101009424ns5:MotorVehicles2024-10-3101009424ns5:LandBuildings2023-10-3101009424ns5:PlantMachinery2023-10-3101009424ns5:MotorVehicles2023-10-3101009424ns5:CostValuation2023-10-3101009424ns5:Subsidiary12023-11-012024-10-31010094241ns5:Subsidiary12023-11-012024-10-3101009424ns5:Subsidiary12024-10-3101009424ns5:Subsidiary12023-10-3101009424ns5:Subsidiary12022-11-012023-10-3101009424ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3101009424ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3101009424ns5:WithinOneYear2024-10-3101009424ns5:WithinOneYear2023-10-3101009424ns5:BetweenOneFiveYears2024-10-3101009424ns5:BetweenOneFiveYears2023-10-3101009424ns5:AllPeriods2024-10-3101009424ns5:AllPeriods2023-10-3101009424ns5:DeferredTaxation2023-10-3101009424ns5:DeferredTaxation2024-10-3101009424ns10:Director222023-10-3101009424ns10:Director222022-10-3101009424ns10:Director222023-11-012024-10-3101009424ns10:Director222022-11-012023-10-3101009424ns10:Director222024-10-3101009424ns10:Director222023-10-31010094241ns10:Director12023-10-31010094241ns10:Director12022-10-31010094241ns10:Director12023-11-012024-10-31010094241ns10:Director12022-11-012023-10-31010094241ns10:Director12024-10-31010094241ns10:Director12023-10-31
REGISTERED NUMBER: 01009424 (England and Wales)















Financial Statements for the Year Ended 31 October 2024

for

DB Orthodontics Limited

DB Orthodontics Limited (Registered number: 01009424)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DB Orthodontics Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: C Burdess
V Coppack





SECRETARY: V Coppack





REGISTERED OFFICE: Ryefield Way
Silsden
West Yorkshire
BD20 0EF





REGISTERED NUMBER: 01009424 (England and Wales)





INDEPENDENT AUDITORS: KJA Kilner Johnson Ltd (Statutory Auditors)
Network House
Stubs Beck Lane
Cleckheaton
BD19 4TT

DB Orthodontics Limited (Registered number: 01009424)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,163,242 1,175,439
Investments 5 100 100
1,163,342 1,175,539

CURRENT ASSETS
Stocks 6 1,835,011 1,438,993
Debtors 7 1,295,977 1,332,856
Cash at bank and in hand 598,795 980,859
3,729,783 3,752,708
CREDITORS
Amounts falling due within one year 8 1,353,781 1,681,470
NET CURRENT ASSETS 2,376,002 2,071,238
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,539,344

3,246,777

PROVISIONS FOR LIABILITIES 10 61,071 61,071
NET ASSETS 3,478,273 3,185,706

CAPITAL AND RESERVES
Called up share capital 615 615
Share premium 750 750
Capital redemption reserve 135 135
Retained earnings 3,476,773 3,184,206
3,478,273 3,185,706

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 8 July 2025 and were signed on its behalf by:




C Burdess - Director



V Coppack - Director


DB Orthodontics Limited (Registered number: 01009424)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

DB Orthodontics 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.

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', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.
Land and buildings - 10% straight line and 4% straight line
Plant and machinery etc - 25% straight line and 10% straight line

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 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 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.

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.

Government grants
Revenue-based grants received are accrued and credited to the Profit and Loss Account in the same period that the related capital expenditure is incurred.
Capital-based grants and contributions received are credited in full to the Profit and Loss Account on receipt, where there are no conditions attached to its use. Where there are conditions attached to its use, the receipts are credited in the year that the capital expenditure is incurred.

DB Orthodontics Limited (Registered number: 01009424)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 53 (2023 - 50 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 November 2023 1,635,000 677,965 31,500 2,344,465
Additions 59,643 65,518 - 125,161
At 31 October 2024 1,694,643 743,483 31,500 2,469,626
DEPRECIATION
At 1 November 2023 530,157 634,931 3,938 1,169,026
Charge for year 84,560 25,236 27,562 137,358
At 31 October 2024 614,717 660,167 31,500 1,306,384
NET BOOK VALUE
At 31 October 2024 1,079,926 83,316 - 1,163,242
At 31 October 2023 1,104,843 43,034 27,562 1,175,439

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 November 2023
and 31 October 2024 100
NET BOOK VALUE
At 31 October 2024 100
At 31 October 2023 100

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Studio 8 Digital Dental Laboratory Limited
Registered office: Ryefield Way, Silsden, West Yorkshire, BD20 0EF
Nature of business: Dental Laboratory
%
Class of shares: holding
Ordinary 100.00
2024 2023
£    £   
Aggregate capital and reserves - 47,581
Profit for the year - 47,283

DB Orthodontics Limited (Registered number: 01009424)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

6. STOCKS
2024 2023
£    £   
Stocks 1,800,993 1,429,735
Raw materials 34,018 9,258
1,835,011 1,438,993

Included within stock is £106,681 (2023: £199,185) of goods in transit at the balance sheet date, for which the company has the risks and rewards of ownership.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,113,183 1,273,043
Amounts owed by group undertakings - 1,601
Other debtors 112,191 4,813
Directors' loan accounts 4,062 14,702
Prepayments 66,541 38,697
1,295,977 1,332,856

Included within other debtors is £103,313 relating to system implementation costs incurred during the year. The project is due to conclude in FY 2024/25, and the cumulative amounts at date are expected to be capitalized as intangible assets.

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,047,231 1,290,721
Amounts owed to group undertakings 1,650 -
Tax 51,607 142,268
Social security and other taxes 36,216 37,468
Pension - 8,838
VAT 196,577 181,479
Accruals and deferred income 20,500 20,696
1,353,781 1,681,470

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 57,057 28,930
Between one and five years 117,602 39,786
174,659 68,716

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 61,071 61,071

Deferred
tax
£   
Balance at 1 November 2023 61,071
Balance at 31 October 2024 61,071

DB Orthodontics Limited (Registered number: 01009424)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

11. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Samantha Hutton FCCA (Senior Statutory Auditor)
for and on behalf of KJA Kilner Johnson Ltd (Statutory Auditors)

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2024 and 31 October 2023:

2024 2023
£    £   
V Coppack
Balance outstanding at start of year 14,260 33,581
Amounts advanced - 14,695
Amounts repaid (14,260 ) (34,016 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 14,260

C Burdess
Balance outstanding at start of year 442 46,844
Amounts advanced 4,376 11,392
Amounts repaid (756 ) (57,794 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,062 442

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Burdess Group Limited.