REGISTERED NUMBER: 11364398 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ABSOLUTE DENTAL STUDIOS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B M Hickey

Mrs M E Hickey

REGISTERED OFFICE:

2 Aspen Close

Stevenage

Hertfordshire

SG2 8SJ

REGISTERED NUMBER:

11364398 (England and Wales)

ACCOUNTANTS:

Barker Wilkinson Limited

19-21 Middle Row

Stevenage

Hertfordshire

SG1 3AW

FIXED ASSETS

Tangible assets

4

42,511

2,927

CURRENT ASSETS

Debtors

5

57,855

40,409

Cash at bank and in hand

203

1,963

58,058

42,372

CREDITORS

Amounts falling due within one year

6

99,859

54,999

NET CURRENT LIABILITIES

(41,801

)

(12,627

)

TOTAL ASSETS LESS CURRENT LIABILITIES

710

(9,700

)

CREDITORS

Amounts falling due after more than one year

7

(21,609

)

(9,332

)

PROVISIONS FOR LIABILITIES

(8,077

)

(644

)

NET LIABILITIES

(28,976

)

(19,676

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(28,978

)

(19,678

)

(28,976

)

(19,676

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by:

B M Hickey - Director

Mrs M E Hickey - Director

1.	STATUTORY INFORMATION

Absolute Dental Studios Limited is a private company, limited by shares , registered in England and Wales. 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.

The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date. Therefore the financial statements for the year ended 31st March 2025 have been prepared using the going concern basis of accounting.

Significant judgements and estimates

In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from those estimates.

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.

Financial instruments

The director considers all financial instruments to be basic financial instruments in accordance with section 11 of FRS102. All basic financial instruments including trade and other debtors, cash and cash equivalents, and trade and other creditors, are initially recognised at transaction price and thereafter stated at amortised cost.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

12,565

Additions

51,334

At 31 March 2025

63,899

DEPRECIATION

At 1 April 2024

9,638

Charge for year

11,750

At 31 March 2025

21,388

NET BOOK VALUE

At 31 March 2025

42,511

At 31 March 2024

2,927

Included within the net book value above of £42,511 is £37,259 in respect of an asset held under a hire purchase contract. The aggregate depreciation charge above of £11,750 includes £8,364 in connection with the financed asset. There were not any assets held under finance agreements in the prior year.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

46,350

40,409

Other debtors

11,505

-

57,855

40,409

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

20,416

8,000

Hire purchase contracts

15,208

-

Trade creditors

36,796

18,917

Taxation and social security

24,402

24,058

Other creditors

3,037

4,024

99,859

54,999

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,332

9,332

Hire purchase contracts

20,277

-

21,609

9,332