Togan Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11118368

Togan Limited

Unaudited financial statements

31 March 2025

Togan Limited

Statement of financial position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5	71,773	93,083
Investments	6	100	100
		-------	-------
		71,873	93,183

Current assets

Stocks		24,059	26,639
Debtors	7	1,644,192	1,202,715
Cash at bank and in hand		14,202	33,506
		-----------	-----------
		1,682,453	1,262,860

Creditors: Amounts falling due within one year	8	( 311,906)		( 157,377)
		-----------		-----------
Net current assets			1,370,547		1,105,483
			-----------		-----------
Total assets less current liabilities			1,442,420		1,198,666

Provisions

Taxation including deferred tax	( 17,943)	( 23,271)
	-----------	-----------
Net assets	1,424,477	1,175,395
	-----------	-----------

Capital and reserves

Called up share capital	100	100
Profit and loss account	1,424,377	1,175,295
	-----------	-----------
Shareholders funds	1,424,477	1,175,395
	-----------	-----------

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 statement of income and retained earnings 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.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Togan Limited

Statement of financial position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 11 December 2025 , and are signed on behalf of the board by:

Dr N Norfolk	Mr T Norfolk
Director	Director

Company registration number: 11118368

Togan 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 registered office is Sixty Six North Quay, Great Yarmouth, Norfolk, NR30 1HE. The company's trading address is 26 St Marys Street , Ely, Cambridgeshire, CB7 4ES.

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 is in respect of dental services rendered and is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered.

Income tax

Provision is made, under the liability method, to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

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
Equipment	-	33% 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.

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 employees during the year was 2 (2024: 2 ).

5. Tangible assets

	Plant and machinery	Equipment	Total
	£	£	£
Cost
At 1 April 2024	163,616	7,461	171,077
Additions	2,658	–	2,658
	---------	------	---------
At 31 March 2025	166,274	7,461	173,735
	---------	------	---------
Depreciation
At 1 April 2024	73,794	4,200	77,994
Charge for the year	22,896	1,072	23,968
	---------	------	---------
At 31 March 2025	96,690	5,272	101,962
	---------	------	---------
Carrying amount
At 31 March 2025	69,584	2,189	71,773
	---------	------	---------
At 31 March 2024	89,822	3,261	93,083
	---------	------	---------

6. Investments

	Shares in group undertakings
	£
Cost
At 1 April 2024 and 31 March 2025	100
	----
Impairment
At 1 April 2024 and 31 March 2025	–
	----

Carrying amount
At 31 March 2025	100
	----
At 31 March 2024	100
	----

The company owns all of the shares issued in Togan Properties Limited.

7. Debtors

	2025	2024
	£	£
Trade debtors	1,701	1,367
Amounts owed by group undertakings and undertakings in which the company has a participating interest	1,596,824	1,169,894
Other debtors	45,667	31,454
	-----------	-----------
	1,644,192	1,202,715
	-----------	-----------

8. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Trade creditors	214,149	46,684
Social security and other taxes	88,355	102,647
Other creditors	9,402	8,046
	---------	---------
	311,906	157,377
	---------	---------

9. Related party transactions

The company owns all of the shares issued in Togan Properties Limited. At the year end the company has a balance receivable of £1,596,824 (2024: £1,169,894) from Togan Properties Limited.