REGISTERED NUMBER: SC538911 (Scotland)

Financial Statements

for the Year Ended 30 September 2024

for

Dental Accountants Scotland Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Wilson BDS MAAT

Ms V Forbes MAAT

REGISTERED OFFICE:

Cornerstone House

Station Road

Selkirk

Selkirkshire

TD7 5DJ

REGISTERED NUMBER:

SC538911 (Scotland)

FIXED ASSETS

Tangible assets

4

41,022

38,183

CURRENT ASSETS

Debtors

5

264,067

229,146

Cash at bank and in hand

105,315

81,625

369,382

310,771

CREDITORS

Amounts falling due within one year

6

286,858

246,072

NET CURRENT ASSETS

82,524

64,699

TOTAL ASSETS LESS CURRENT LIABILITIES

123,546

102,882

CREDITORS

Amounts falling due after more than one year

7

(25,606

)

(29,131

)

PROVISIONS FOR LIABILITIES

615

1,215

NET ASSETS

98,555

74,966

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

98,455

74,866

SHAREHOLDERS' FUNDS

98,555

74,966

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

J Wilson BDS MAAT - Director

1.	STATUTORY INFORMATION

Dental Accountants Scotland Ltd is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets

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

Fixtures and fittings

-

Straight line over 3 - 5 years

Motor vehicles

-

Straight line over 3 - 5 years

Computer equipment

-

33% 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 10 (2023 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 October 2023

27,903

24,061

31,150

83,114

Additions

-

55,510

8,743

64,253

Disposals

-

(52,733

)

-

(52,733

)

At 30 September 2024

27,903

26,838

39,893

94,634

DEPRECIATION

At 1 October 2023

19,131

7,018

18,782

44,931

Charge for year

2,193

9,048

6,797

18,038

Eliminated on disposal

-

(9,357

)

-

(9,357

)

At 30 September 2024

21,324

6,709

25,579

53,612

NET BOOK VALUE

At 30 September 2024

6,579

20,129

14,314

41,022

At 30 September 2023

8,772

17,043

12,368

38,183

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade debtors

256,552

193,052

Other debtors

7,515

36,094

264,067

229,146

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans and overdrafts

4,895

1,235

Trade creditors

39,608

40,924

Taxation and social security

136,207

141,010

Other creditors

106,148

62,903

286,858

246,072

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans

25,606

29,131

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.24

30.9.23

value:

£

£

90

Ordinary A

1

90

90

10

Ordinary B

1

10

10

100

100

9.

RESERVES

Retained

earnings

£

At 1 October 2023

74,866

Profit for the year

146,341

Dividends

(122,752

)

At 30 September 2024

98,455

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24

30.9.23

£

£

Ms V Forbes MAAT

Balance outstanding at start of year

(23,455

)

6,489

Amounts advanced

23,455

1,350

Amounts repaid

-

(31,294

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(23,455

)

J Wilson BDS MAAT

Balance outstanding at start of year

-

-

Amounts repaid

(2,171

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,171

)

-