REGISTERED NUMBER: 06069633 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Alan Lam Family Dental Practice Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Lam

J H S Lam

REGISTERED OFFICE:

6 Weardale Terrace

Chester Le Street

Co. Durham

DH3 3PQ

REGISTERED NUMBER:

06069633 (England and Wales)

ACCOUNTANTS:

Inspire Chartered Accountants

6 Queens Court

Third Avenue

Team Valley

Gateshead

Tyne and Wear

NE11 0BU

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

33,736

16,684

33,736

16,684

CURRENT ASSETS

Stocks

6,246

5,600

Debtors

7

289,972

207,364

Cash at bank and in hand

84,851

44,963

381,069

257,927

CREDITORS

Amounts falling due within one year

8

74,521

37,671

NET CURRENT ASSETS

306,548

220,256

TOTAL ASSETS LESS CURRENT LIABILITIES

340,284

236,940

PROVISIONS FOR LIABILITIES

8,243

3,937

NET ASSETS

332,041

233,003

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

331,041

232,003

SHAREHOLDERS' FUNDS

332,041

233,003

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by:

M Lam - Director

1.	STATUTORY INFORMATION

Alan Lam Family Dental Practice 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, has been amortised evenly over its estimated useful life of six years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on 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 Statement of Income and Retained Earnings, 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

225,000

AMORTISATION

At 1 January 2024

and 31 December 2024

225,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

95,029

Additions

27,148

Disposals

(8,911

)

At 31 December 2024

113,266

DEPRECIATION

At 1 January 2024

78,345

Charge for year

10,096

Eliminated on disposal

(8,911

)

At 31 December 2024

79,530

NET BOOK VALUE

At 31 December 2024

33,736

At 31 December 2023

16,684

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

8,944

996

Amounts owed by group undertakings

224,000

200,000

Other debtors

57,028

6,368

289,972

207,364

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Taxation and social security

26,670

10,076

Other creditors

47,851

27,595

74,521

37,671

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

M Lam

Balance outstanding at start of year

(9,974

)

(10,521

)

Amounts advanced

166,719

81,747

Amounts repaid

(104,889

)

(81,200

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

51,856

(9,974

)

The loan is interest free and will be repaid within nine months of the year end.

10.	ULTIMATE CONTROLLING PARTY

The company's parent undertaking and ultimate controlling party is Lam Dental Care Limited of 6 Weardale Terrace, Chester Le Street, County Durham, DH3 3PQ. It's registered office is at 6 Queens Court, Third Avenue, Team Valley, Gateshead, Tyne & Wear, NE11 0BU.