REGISTERED NUMBER: SC313839 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

The Dental Surgery Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Williams

Dr A Arfan

Dr Z Shareef

REGISTERED OFFICE:

1 Bridge Street

Glasgow

G5 9JB

REGISTERED NUMBER:

SC313839 (Scotland)

ACCOUNTANTS:

Dental Accountants Scotland Ltd

Specialist Dental Accountants & Advisors

Cornerstone House

Station Road

Selkirk

Borders

TD7 5DJ

FIXED ASSETS

Tangible assets

4

363,462

389,586

CURRENT ASSETS

Stocks

18,601

17,715

Debtors

5

223,277

197,602

Cash at bank and in hand

17,398

12,428

259,276

227,745

CREDITORS

Amounts falling due within one year

6

372,901

453,668

NET CURRENT LIABILITIES

(113,625

)

(225,923

)

TOTAL ASSETS LESS CURRENT LIABILITIES

249,837

163,663

CREDITORS

Amounts falling due after more than one year

7

4,167

14,167

NET ASSETS

245,670

149,496

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Retained earnings

244,670

148,496

SHAREHOLDERS' FUNDS

245,670

149,496

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 19 June 2025 and were signed on its behalf by:

Dr A Arfan - Director

1.	STATUTORY INFORMATION

The Dental Surgery 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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

20% on reducing balance

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 34 (2023 - 30 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

349,723

249,619

12,010

611,352

Additions

28,191

360

2,424

30,975

At 31 December 2024

377,914

249,979

14,434

642,327

DEPRECIATION

At 1 January 2024

98,875

119,366

3,525

221,766

Charge for year

41,856

13,061

2,182

57,099

At 31 December 2024

140,731

132,427

5,707

278,865

NET BOOK VALUE

At 31 December 2024

237,183

117,552

8,727

363,462

At 31 December 2023

250,848

130,253

8,485

389,586

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

207,125

197,602

Other debtors

16,152

-

223,277

197,602

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts (see note 8)

30,000

60,000

Other loans (see note 8)

458

5,000

Trade creditors

87,772

84,543

Tax

11,071

-

Social security and other taxes

93,688

117,317

Pensions

16,781

3,722

Directors' current accounts

123,171

173,886

Accrued expenses

9,960

9,200

372,901

453,668

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans (see note 8)

4,167

14,167

8.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

20,000

50,000

Bank loans

10,000

10,000

Other loans

458

5,000

30,458

65,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

4,167

14,167

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1,000

Ordinary

£1

1,000

1,000

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the company was due the directors £123,171 (2023: £173,886). There are no specific repayment terms and no interest has been charged.