REGISTERED NUMBER: 05731242 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Colligan Dental Laboratory Ltd

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

71,030

85,254

71,030

85,254

CURRENT ASSETS

Stocks

6,400

6,000

Debtors

157,690

157,353

Investments

4,595

5,500

Cash at bank

45,928

75,722

214,613

244,575

CREDITORS

Amounts falling due within one year

31,233

40,496

NET CURRENT ASSETS

183,380

204,079

TOTAL ASSETS LESS CURRENT LIABILITIES

254,410

289,333

PROVISIONS FOR LIABILITIES

9,394

12,598

NET ASSETS

245,016

276,735

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

244,916

276,635

SHAREHOLDERS' FUNDS

245,016

276,735

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 December 2025 and were signed on its behalf by:

Mr M Colligan - Director

Mr D M Colligan - Director

1.	STATUTORY INFORMATION

Colligan Dental Laboratory Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05731242

Registered office:

15b King Street

Knutsford

Cheshire

WA16 6DW

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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

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 10 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

90,000

AMORTISATION

At 1 April 2024

and 31 March 2025

90,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

227,952

Additions

1,686

At 31 March 2025

229,638

DEPRECIATION

At 1 April 2024

142,698

Charge for year

15,910

At 31 March 2025

158,608

NET BOOK VALUE

At 31 March 2025

71,030

At 31 March 2024

85,254

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr M Colligan

Balance outstanding at start of year

9,562

9,502

Amounts advanced

138,529

225,060

Amounts repaid

(114,366

)

(225,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

33,725

9,562

Mr D M Colligan

Balance outstanding at start of year

9,541

9,792

Amounts advanced

76,842

165,165

Amounts repaid

(53,282

)

(165,416

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

33,101

9,541

The loans to the directors were repaid in full in April & October 2025.

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £80,000 (2024 - £65,500) were paid to the directors .

8.	ULTIMATE CONTROLLING PARTY

The controlling party is M Colligan and D M Colligan.