REGISTERED NUMBER: 03806903 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

360 Orthodontics Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N Teale

Mrs D Teale

SECRETARY:

N Teale

REGISTERED OFFICE:

International Development Centre

Valley Drive

Ilkley

West Yorkshire

LS29 8PB

REGISTERED NUMBER:

03806903 (England and Wales)

ACCOUNTANTS:

Horley Green Chartered Accountants

Horley Green House

Horley Green Road

Claremount

Halifax

West Yorkshire

HX3 6AS

FIXED ASSETS

Tangible assets

4

77,183

62,079

CURRENT ASSETS

Stocks

46,652

46,652

Debtors

5

2,321,235

2,115,249

Cash at bank and in hand

363,814

445,771

2,731,701

2,607,672

CREDITORS

Amounts falling due within one year

6

1,144,972

1,190,921

NET CURRENT ASSETS

1,586,729

1,416,751

TOTAL ASSETS LESS CURRENT LIABILITIES

1,663,912

1,478,830

CREDITORS

Amounts falling due after more than one year

7

251,979

291,746

NET ASSETS

1,411,933

1,187,084

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

1,411,923

1,187,074

SHAREHOLDERS' FUNDS

1,411,933

1,187,084

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2025 and were signed on its behalf by:

N Teale - Director

1.	STATUTORY INFORMATION

360 Orthodontics 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.

Turnover

Turnover represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on 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.

Taxation

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 15 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

59,663

268,314

327,977

Additions

-

46,832

46,832

Disposals

-

(6,000

)

(6,000

)

At 31 March 2025

59,663

309,146

368,809

DEPRECIATION

At 1 April 2024

59,663

206,235

265,898

Charge for year

-

25,728

25,728

At 31 March 2025

59,663

231,963

291,626

NET BOOK VALUE

At 31 March 2025

-

77,183

77,183

At 31 March 2024

-

62,079

62,079

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

19,400

Additions

36,433

Transfer to ownership

(19,400

)

At 31 March 2025

36,433

DEPRECIATION

At 1 April 2024

11,218

Charge for year

2,046

Transfer to ownership

(11,218

)

At 31 March 2025

2,046

NET BOOK VALUE

At 31 March 2025

34,387

At 31 March 2024

8,182

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

958,114

964,472

Loan account - Electronic Study Models (UK) Ltd

21,823

21,823

Other debtors

1,331,117

1,115,019

Prepayments

10,181

13,935

2,321,235

2,115,249

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

7,983

11,718

Trade creditors

668,540

774,608

Tax

262,375

228,876

Social security and other taxes

14,292

20,291

VAT

189,282

139,928

Accrued expenses

2,500

15,500

1,144,972

1,190,921

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

231,746

291,746

Hire purchase contracts

20,233

-

251,979

291,746

8.	RELATED PARTY DISCLOSURES

The company is jointly controlled by Mr N Teale and Mrs D Teale by virtue of their controlling shareholding.

Included within other debtors at 31st March 2025 is an amount of £607,281 (2024: £5552,281) due from Clifton & York Limited, a related company.

Included within other debtors at 31st March 2025 is an amount of £723,836 (2024: £562,738) due from Orthobridge Limited, a related company.