REGISTERED NUMBER: 10615324 (England and Wales)

Unaudited Financial Statements for the Year Ended 29 September 2024

for

Golden Triangle Dental Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

R B De Villiers

C W De Villiers

SECRETARY:

R B De Villiers

REGISTERED OFFICE:

Suite 1

Concept House

23 Billet Lane

Hornchurch

Essex

RM11 1XP

REGISTERED NUMBER:

10615324 (England and Wales)

FIXED ASSETS

Intangible assets

4

79,875

106,500

Tangible assets

5

58,679

73,349

138,554

179,849

CURRENT ASSETS

Debtors

6

361,896

272,599

Cash at bank

106,631

73,121

468,527

345,720

CREDITORS

Amounts falling due within one year

7

363,924

302,187

NET CURRENT ASSETS

104,603

43,533

TOTAL ASSETS LESS CURRENT LIABILITIES

243,157

223,382

CREDITORS

Amounts falling due after more than one year

8

(85,139

)

(104,175

)

PROVISIONS FOR LIABILITIES

(14,669

)

(18,337

)

NET ASSETS

143,349

100,870

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

143,249

100,770

SHAREHOLDERS' FUNDS

143,349

100,870

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

R B De Villiers - Director

1.	STATUTORY INFORMATION

Golden Triangle Dental 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.

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 relates to a purchase made in November 2017 and is not being ammortised.

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

-

20% on reducing balance

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.

Hire purchase and leasing commitments

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 30 September 2023

and 29 September 2024

213,000

AMORTISATION

At 30 September 2023

106,500

Charge for year

26,625

At 29 September 2024

133,125

NET BOOK VALUE

At 29 September 2024

79,875

At 29 September 2023

106,500

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 30 September 2023

and 29 September 2024

187,134

DEPRECIATION

At 30 September 2023

113,785

Charge for year

14,670

At 29 September 2024

128,455

NET BOOK VALUE

At 29 September 2024

58,679

At 29 September 2023

73,349

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.9.24

29.9.23

£

£

Trade debtors

196,897

183,029

Other debtors

164,999

89,570

361,896

272,599

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.9.24

29.9.23

£

£

Bank loans and overdrafts

11,504

18,000

Hire purchase contracts

9,000

9,000

Trade creditors

(15,739

)

(14,899

)

Taxation and social security

84,422

30,607

Other creditors

274,737

259,479

363,924

302,187

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

29.9.24

29.9.23

£

£

Bank loans

82,883

92,883

Hire purchase contracts

2,256

11,292

85,139

104,175

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

29.9.24

29.9.23

value:

£

£

100

Ordinary

£1

100

100

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Overdrawn directors loan accounts totalled £149,958 at the reporting date. Where applicable interest has been charged using a rate and methodology approved by the UK tax authority.

11.	RELATED PARTY DISCLOSURES

This company has associated companies under common control, Norwich Dental Implant Centre Limited, Grovefield Dental Surgery Limited and Treetops Dental Practice Limited.