Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-312023-06-01falseOrthodontics42falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11393423 2023-06-01 2024-05-31 11393423 2022-06-01 2023-05-31 11393423 2024-05-31 11393423 2023-05-31 11393423 2022-06-01 11393423 c:Director1 2023-06-01 2024-05-31 11393423 c:Director2 2023-06-01 2024-05-31 11393423 d:CurrentFinancialInstruments 2024-05-31 11393423 d:CurrentFinancialInstruments 2023-05-31 11393423 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 11393423 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 11393423 d:ShareCapital 2023-06-01 2024-05-31 11393423 d:ShareCapital 2024-05-31 11393423 d:ShareCapital 2022-06-01 2023-05-31 11393423 d:ShareCapital 2023-05-31 11393423 d:ShareCapital 2022-06-01 11393423 d:RetainedEarningsAccumulatedLosses 2023-06-01 2024-05-31 11393423 d:RetainedEarningsAccumulatedLosses 2024-05-31 11393423 d:RetainedEarningsAccumulatedLosses 2022-06-01 2023-05-31 11393423 d:RetainedEarningsAccumulatedLosses 2023-05-31 11393423 d:RetainedEarningsAccumulatedLosses 2022-06-01 11393423 c:FRS102 2023-06-01 2024-05-31 11393423 c:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 11393423 c:FullAccounts 2023-06-01 2024-05-31 11393423 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11393423 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 11393423










LANCASHIRE ORTHODONTICS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
LANCASHIRE ORTHODONTICS LIMITED
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF LANCASHIRE ORTHODONTICS LIMITED
FOR THE YEAR ENDED 31 MAY 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 Lancashire Orthodontics Limited for the year ended 31 May 2024 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given to us.
 

This report is made solely to the Board of Directors of Lancashire Orthodontics Limited, as a body, in accordance with the terms of our agreement. Our work has been undertaken solely to prepare for your approval the financial statements of Lancashire Orthodontics Limited and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lancashire Orthodontics Limited and its  Board of Directors, as a body, for our work or for this report.
 
 
It is your duty to ensure that Lancashire Orthodontics Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the Company's assets, liabilities, financial position and profit. You consider that Lancashire Orthodontics Limited is exempt from the statutory audit requirement for the year.
 
 
We have not been instructed to carry out an audit or review of the financial statements of Lancashire Orthodontics Limited. 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.







Shipleys Tax Planning
 

29 August 2025
Page 1

 
LANCASHIRE ORTHODONTICS LIMITED
REGISTERED NUMBER: 11393423

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
318,460
82,226

Cash at bank and in hand
 5 
114,225
287,063

  
432,685
369,289

Creditors: amounts falling due within one year
 6 
(202,471)
(268,390)

Net current assets
  
 
 
230,214
 
 
100,899

Total assets less current liabilities
  
230,214
100,899

  

Net assets
  
230,214
100,899


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
230,212
100,897

  
230,214
100,899


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 August 2025.






Dr Samer Badarus Salam
Dr Ovais Humair Malik
Director
Director

The notes on pages 5 to 7 form part of these financial statements.

Page 2

 
LANCASHIRE ORTHODONTICS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MAY 2024


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 June 2023
2
100,897
100,899


Comprehensive income for the year

Profit for the year

-
129,315
129,315


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
129,315
129,315


Total transactions with owners
-
-
-


At 31 May 2024
2
230,212
230,214


The notes on pages 5 to 7 form part of these financial statements.

Page 3

 
LANCASHIRE ORTHODONTICS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MAY 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 June 2022
2
-
2


Comprehensive income for the year

Profit for the year

-
100,897
100,897


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
100,897
100,897


Total transactions with owners
-
-
-


At 31 May 2023
2
100,897
100,899


The notes on pages 5 to 7 form part of these financial statements.

Page 4

 
LANCASHIRE ORTHODONTICS LIMITED
 

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

1.


General information

Lancashire Orthodontics Limited is a company domiciled in England and Wales, registration number 11393423.  The registered office address is Wharf House, Victoria Quays, Wharf Street, Sheffield, S2 5SY.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 5

 
LANCASHIRE ORTHODONTICS LIMITED
 

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

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Administration
4
2


4.


Debtors

Page 6

 
LANCASHIRE ORTHODONTICS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
2024
2023
£
£


Trade debtors
40,348
30,516

Other debtors
278,112
51,710

318,460
82,226



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
114,225
287,063

114,225
287,063



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
117,602
167,378

Corporation tax
56,964
24,839

Other taxation and social security
633
851

Other creditors
72
51,722

Accruals and deferred income
27,200
23,600

202,471
268,390



7.


Pension commitments


Page 7