Orion Dental Ltd - Filleted accounts

Registered number

10473265

Orion Dental Ltd

Filleted Accounts

30 November 2024

Orion Dental Ltd
Registered number:		10473265
Balance Sheet
as at 30 November 2024

Notes			2024			2023
£				£
Fixed assets
Intangible assets	3		1,050,000			586,250
Tangible assets	4		10,049			13,397
			1,060,049			599,647

Current assets
Debtors	5	327,029			404,060
Cash at bank and in hand		5,881			8,407
		332,910			412,467

Creditors: amounts falling due within one year	6	(318,050)			(195,948)

Net current assets			14,860			216,519

Total assets less current liabilities			1,074,909			816,166

Creditors: amounts falling due after more than one year	7		(648,150)			(819,397)



Net assets			426,759			(3,231)

Capital and reserves
Called up share capital			100			100
Profit and loss account			426,659			(3,331)

Shareholders' funds			426,759			(3,231)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




R Klhan
Director
Approved by the board on 19 November 2025

Orion Dental Ltd
Notes to the Accounts
for the year ended 30 November 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			8		8


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 December 2023					1,050,000
	At 30 November 2024					1,050,000

	Amortisation
	At 1 December 2023					463,750
	Provided during the year					(463,750)
	At 30 November 2024					-

	Net book value
	At 30 November 2024					1,050,000
	At 30 November 2023					586,250

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 December 2023			21,162		21,162
	At 30 November 2024	-		21,162		21,162

	Depreciation
	At 1 December 2023	-		7,765		7,765
	Charge for the year	-		3,348		3,348
	At 30 November 2024	-		11,113		11,113

	Net book value
	At 30 November 2024	-		10,049		10,049
	At 30 November 2023	#VALUE!		13,397		#VALUE!


5	Debtors			2024		2023
£					£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest			316,029		395,060
	Other debtors			11,000		9,000
				327,029		404,060


6	Creditors: amounts falling due within one year			2024		2023
£					£

	Trade creditors			23,374		101,586
	Taxation and social security costs			50,056		68,497
	Other creditors			244,620		25,865
				318,050		195,948


7	Creditors: amounts falling due after one year			2024		2023
£					£

	Bank loans			615,000		785,407
	Obligations under finance lease and hire purchase contracts			33,150		33,990
				648,150		819,397


8	Other information

	Orion Dental Ltd is a private company limited by shares and incorporated in England. Its registered office is: