Acorah Software Products - Accounts Production 16.3.350 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 NI672818 Dr Christopher Gardiner Jemma Gardiner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI672818 2023-11-30 NI672818 2024-11-30 NI672818 2023-12-01 2024-11-30 NI672818 frs-core:CurrentFinancialInstruments 2024-11-30 NI672818 frs-core:Non-currentFinancialInstruments 2024-11-30 NI672818 frs-core:ComputerEquipment 2024-11-30 NI672818 frs-core:ComputerEquipment 2023-12-01 2024-11-30 NI672818 frs-core:ComputerEquipment 2023-11-30 NI672818 frs-core:FurnitureFittings 2024-11-30 NI672818 frs-core:FurnitureFittings 2023-12-01 2024-11-30 NI672818 frs-core:FurnitureFittings 2023-11-30 NI672818 frs-core:NetGoodwill 2024-11-30 NI672818 frs-core:NetGoodwill 2023-12-01 2024-11-30 NI672818 frs-core:NetGoodwill 2023-11-30 NI672818 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 NI672818 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 NI672818 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 NI672818 frs-core:PlantMachinery 2024-11-30 NI672818 frs-core:PlantMachinery 2023-12-01 2024-11-30 NI672818 frs-core:PlantMachinery 2023-11-30 NI672818 frs-core:ShareCapital 2024-11-30 NI672818 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 NI672818 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 NI672818 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 NI672818 frs-bus:SmallEntities 2023-12-01 2024-11-30 NI672818 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 NI672818 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 NI672818 frs-bus:Director1 2023-12-01 2024-11-30 NI672818 frs-bus:Director2 2023-12-01 2024-11-30 NI672818 frs-countries:NorthernIreland 2023-12-01 2024-11-30 NI672818 2022-11-30 NI672818 2023-11-30 NI672818 2022-12-01 2023-11-30 NI672818 frs-core:CurrentFinancialInstruments 2023-11-30 NI672818 frs-core:Non-currentFinancialInstruments 2023-11-30 NI672818 frs-core:ShareCapital 2023-11-30 NI672818 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: NI672818
OBO Dental Practice Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Gray + Press Accountants
21 Old Channel Road
Unit 4A Channel Wharf
Belfast
Antrim
BT3 9DE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI672818
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 180,013 209,111
Tangible Assets 5 529,060 504,102
709,073 713,213
CURRENT ASSETS
Stocks 6 14,000 10,250
Debtors 7 755 1,510
Cash at bank and in hand 177,703 55,271
192,458 67,031
Creditors: Amounts Falling Due Within One Year 8 (643,199 ) (366,198 )
NET CURRENT ASSETS (LIABILITIES) (450,741 ) (299,167 )
TOTAL ASSETS LESS CURRENT LIABILITIES 258,332 414,046
Creditors: Amounts Falling Due After More Than One Year 9 (165,950 ) (197,580 )
NET ASSETS 92,382 216,466
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 92,282 216,366
SHAREHOLDERS' FUNDS 92,382 216,466
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Page 2
For the year ending 30 November 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Christopher Gardiner
Director
14/05/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
OBO Dental Practice Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI672818 . The registered office is 1a Lockview Road, Stranmillis , BElfast, BT9 5FH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of Services 
Turnover from the rendering of services is recognised by refernece 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. 
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% SL
Plant & Machinery 20% SL
Fixtures & Fittings 20% SL
Computer Equipment 20% SL
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
4. Intangible Assets
Goodwill
£
Cost
As at 1 December 2023 290,978
As at 30 November 2024 290,978
Amortisation
As at 1 December 2023 81,867
Provided during the period 29,098
As at 30 November 2024 110,965
Net Book Value
As at 30 November 2024 180,013
As at 1 December 2023 209,111
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2023 364,701 174,035 4,361 11,076 554,173
Additions 63,387 6,850 215 2,748 73,200
As at 30 November 2024 428,088 180,885 4,576 13,824 627,373
...CONTINUED
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Depreciation
As at 1 December 2023 11,000 32,359 2,041 4,671 50,071
Provided during the period 8,557 36,177 1,006 2,502 48,242
As at 30 November 2024 19,557 68,536 3,047 7,173 98,313
Net Book Value
As at 30 November 2024 408,531 112,349 1,529 6,651 529,060
As at 1 December 2023 353,701 141,676 2,320 6,405 504,102
6. Stocks
2024 2023
£ £
Stock 14,000 10,250
7. Debtors
2024 2023
£ £
Due within one year
Other debtors 755 1,510
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 152,456
Bank loans and overdrafts 36,788 41,946
Amounts owed to group undertakings 536,028 166,690
Other creditors 18,436 2,860
Taxation and social security 51,947 2,246
643,199 366,198
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 165,950 197,580
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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