REGISTERED NUMBER: 00604307 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Ceramet UK Dental Solutions Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

51,154

76,757

CURRENT ASSETS

Stocks

421,936

401,362

Debtors

5

258,254

301,631

Cash at bank and in hand

40,222

122,348

720,412

825,341

CREDITORS

Amounts falling due within one year

6

(506,262

)

(412,044

)

NET CURRENT ASSETS

214,150

413,297

TOTAL ASSETS LESS CURRENT LIABILITIES

265,304

490,054

CREDITORS

Amounts falling due after more than one year

7

-

(190,000

)

PROVISIONS FOR LIABILITIES

(4,564

)

(9,446

)

NET ASSETS

260,740

290,608

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

260,640

290,508

SHAREHOLDERS' FUNDS

260,740

290,608

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

Mr D Shorrocks - Director

1.	STATUTORY INFORMATION

Ceramet UK Dental Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00604307

Registered office:

King Edward House

1 Jordangate

Macclesfield

Cheshire

SK10 1EE

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, net of VAT and trade discounts.

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

Tangible fixed assets

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

Motor vehicles

-

3 years straight line

Office equipment

-

33% on cost, 20% on cost and 10% 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 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 5 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Office

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

16,650

4,379

277,940

298,969

Additions

-

-

6,791

6,791

At 31 December 2024

16,650

4,379

284,731

305,760

DEPRECIATION

At 1 January 2024

16,650

3,536

202,026

222,212

Charge for year

-

843

31,551

32,394

At 31 December 2024

16,650

4,379

233,577

254,606

NET BOOK VALUE

At 31 December 2024

-

-

51,154

51,154

At 31 December 2023

-

843

75,914

76,757

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

151,818

210,264

Other debtors

106,436

91,367

258,254

301,631

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

223,286

233,424

Taxation and social security

89,142

58,364

Other creditors

193,834

120,256

506,262

412,044

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

-

190,000

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.24

31.12.23

£

£

Within one year

22,000

22,000

Between one and five years

88,000

47,667

In more than five years

3,667

-

113,667

69,667

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.12.24

31.12.23

£

£

Mr D Shorrocks

Balance outstanding at start of year

49,457

39,805

Amounts advanced

88,742

49,457

Amounts repaid

(84,950

)

(39,805

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

53,249

49,457

Ms G Dawson

Balance outstanding at start of year

(7,135

)

-

Amounts advanced

43,009

21,115

Amounts repaid

(28,250

)

(28,250

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,624

(7,135

)

Loans in excess of £10,000 incur interest at 2.25% per annum.

Loans were repaid within 9 months of the year end.