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Registered number: 08229910
Signature Orthodontics Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Ortu Advisors Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08229910
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 108,934 121,923
108,934 121,923
CURRENT ASSETS
Debtors 5 165,458 140,604
165,458 140,604
Creditors: Amounts Falling Due Within One Year 6 (99,022 ) (103,802 )
NET CURRENT ASSETS (LIABILITIES) 66,436 36,802
TOTAL ASSETS LESS CURRENT LIABILITIES 175,370 158,725
Creditors: Amounts Falling Due After More Than One Year 7 (128,513 ) (159,077 )
NET ASSETS/(LIABILITIES) 46,857 (352 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 46,856 (353 )
SHAREHOLDERS' FUNDS 46,857 (352)
Page 1
Page 2
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.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Preetpal Bhogal
Director
12/06/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Signature Orthodontics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08229910 . The registered office is 63 High Street, Harborne, Birmingham, B17 9NS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% on the reducing balance.
Fixtures & Fittings 15% on the reducing balance.
Computer Equipment 15% on the reducing balance.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 8)
8 8
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 92,269 123,892 34,758 250,919
Additions 5,035 - 1,200 6,235
As at 31 March 2025 97,304 123,892 35,958 257,154
Depreciation
As at 1 April 2024 60,263 46,172 22,561 128,996
Provided during the period 5,556 11,658 2,010 19,224
As at 31 March 2025 65,819 57,830 24,571 148,220
Net Book Value
As at 31 March 2025 31,485 66,062 11,387 108,934
As at 1 April 2024 32,006 77,720 12,197 121,923
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Page 4
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 74,450 74,450
Amounts owed by group undertakings 8,547 8,547
Other debtors 82,461 57,607
165,458 140,604
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 9,776 7,342
Bank loans and overdrafts 73,318 73,318
Other creditors 9,301 15,973
Taxation and social security 6,627 7,169
99,022 103,802
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 128,513 159,077
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4