Jonathan Ziff Implants Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07078021

Jonathan Ziff Implants Limited

Filleted Unaudited Financial Statements

31 March 2025

Jonathan Ziff Implants Limited

Balance Sheet

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Intangible assets	5	97,206	121,507
Tangible assets	6	30,818	32,701
		---------	---------
		128,024	154,208

Current assets

Stocks		2,500	3,250
Debtors	7	1,232,617	1,226,343
Investments	8	1,081,097	–
Cash at bank and in hand		51,239	1,205,539
		------------	------------
		2,367,453	2,435,132

Creditors: amounts falling due within one year	9	( 306,898)		( 302,547)
		------------		------------
Net current assets			2,060,555		2,132,585
			------------		------------
Total assets less current liabilities			2,188,579		2,286,793

Creditors: amounts falling due after more than one year	10		–		( 15,000)

Provisions

Taxation including deferred tax	( 7,705)	( 8,175)
	------------	------------
Net assets	2,180,874	2,263,618
	------------	------------

Capital and reserves

Called up share capital	1	1
Profit and loss account	2,180,873	2,263,617
	------------	------------
Shareholders funds	2,180,874	2,263,618
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Jonathan Ziff Implants Limited

Balance Sheet (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 19 September 2025 , and are signed on behalf of the board by:

Dr J Ziff
Director

Company registration number: 07078021

Jonathan Ziff Implants Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the principal place of business is 79 London Road, Coalville, Leicestershire LE67 3JB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover represents the fair value of implant, cosmetic and general dentistry goods and services supplied. Private treatment is recognised based on the stage of completion, with cash settled at the time of the treatment. Income from Denplan contracts is recognised on receipt of the payments due under the agreement.

Corporation tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant and machinery	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the balance sheet and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 11 (2024: 11 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 April 2024 and 31 March 2025	1,097,348
	------------
Amortisation
At 1 April 2024	975,841
Charge for the year	24,301
	------------
At 31 March 2025	1,000,142
	------------
Carrying amount
At 31 March 2025	97,206
	------------
At 31 March 2024	121,507
	------------

6. Tangible assets

	Plant and machinery	Total
	£	£
Cost
At 1 April 2024	113,023	113,023
Additions	8,779	8,779
Disposals	( 4,724)	( 4,724)
	---------	---------
At 31 March 2025	117,078	117,078
	---------	---------
Depreciation
At 1 April 2024	80,322	80,322
Charge for the year	10,662	10,662
Disposals	( 4,724)	( 4,724)
	---------	---------
At 31 March 2025	86,260	86,260
	---------	---------
Carrying amount
At 31 March 2025	30,818	30,818
	---------	---------
At 31 March 2024	32,701	32,701
	---------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	41,428	10,646
Jonathan Ziff Property Limited	1,188,209	1,211,847
Other debtors	2,980	3,850
	------------	------------
	1,232,617	1,226,343
	------------	------------

The debtors above include the following amounts falling due after more than one year:

	2025	2024
	£	£
Jonathan Ziff Property Limited	1,188,209	1,211,847
	------------	------------

8. Investments

	2025	2024
	£	£
Short-term deposits	1,081,097	–
	------------	----

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	–	10,000
Trade creditors	99,290	83,730
Social security and other taxes	196,516	199,275
Other creditors	11,092	9,542
	---------	---------
	306,898	302,547
	---------	---------

10. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	–	15,000
	----	--------