Company Registration No. 11043251 (England and Wales)
AB Dental Ltd
Unaudited accounts
for the year ended 30 November 2024
AB Dental Ltd
Unaudited accounts
Contents
AB Dental Ltd
Company Information
for the year ended 30 November 2024
Company Number
11043251 (England and Wales)
Registered Office
8 Penn Gardens
Chislehurst
BR7 5RY
United Kingdom
Accountants
MCC Partners
1a Saddington Street
Gravesend
Kent
DA12 1ED
AB Dental Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
271,237
253,249
Cash at bank and in hand
485,506
182,483
Creditors: amounts falling due within one year
(410,263)
(250,436)
Net current assets
540,323
412,547
Total assets less current liabilities
811,560
665,796
Creditors: amounts falling due after more than one year
(192,349)
(250,662)
Provisions for liabilities
Deferred tax
(47,745)
(40,636)
Net assets
571,466
374,498
Called up share capital
125
125
Profit and loss account
571,341
374,373
Shareholders' funds
571,466
374,498
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 director acknowledges his 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 and authorised for issue on 5 September 2025 and were signed on its behalf by
A Barfeie
Director
Company Registration No. 11043251
AB Dental Ltd
Notes to the Accounts
for the year ended 30 November 2024
AB Dental Ltd is a private company, limited by shares, registered in England and Wales, registration number 11043251. The registered office is 8 Penn Gardens, Chislehurst, BR7 5RY, United Kingdom.
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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
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
25% Straight line
Motor vehicles
20% Straight line
Fixtures & fittings
10% Straight line
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.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
AB Dental Ltd
Notes to the Accounts
for the year ended 30 November 2024
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2023
86,237
87,856
190,315
10,866
375,274
Additions
21,600
60,000
21,359
611
103,570
Disposals
-
(29,295)
-
-
(29,295)
At 30 November 2024
107,837
118,561
211,674
11,477
449,549
At 1 December 2023
50,438
25,871
40,119
5,597
122,025
Charge for the year
26,959
29,571
17,156
2,619
76,305
On disposals
-
(20,018)
-
-
(20,018)
At 30 November 2024
77,397
35,424
57,275
8,216
178,312
At 30 November 2024
30,440
83,137
154,399
3,261
271,237
At 30 November 2023
35,799
61,985
150,196
5,269
253,249
Amounts falling due within one year
Amounts due from group undertakings etc.
447,580
463,000
Amounts falling due after more than one year
Accrued income and prepayments
17,500
17,500
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
30,522
29,731
Obligations under finance leases and hire purchase contracts
15,472
21,221
Trade creditors
38,237
33,786
Taxes and social security
97,651
85,176
Other creditors
26,268
11,158
Loans from directors
21,278
16,252
AB Dental Ltd
Notes to the Accounts
for the year ended 30 November 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
177,293
207,674
Obligations under finance leases and hire purchase contracts
15,056
42,988
8
Average number of employees
During the year the average number of employees was 11 (2023: 11).