REGISTERED NUMBER: SC718982 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Lagan Dental Care Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D F L Lagan

Mrs J A L Lagan

REGISTERED OFFICE:

Cornerstone House

Station Road

Selkirk

TD7 5DJ

REGISTERED NUMBER:

SC718982 (Scotland)

ACCOUNTANTS:

Dental Accountants Scotland Ltd

Specialist Dental Accountants & Advisors

Cornerstone House

Station Road

Selkirk

Borders

TD7 5DJ

FIXED ASSETS

Intangible assets

4

256,200

292,800

Tangible assets

5

250,610

211,031

506,810

503,831

CURRENT ASSETS

Stocks

4,410

4,200

Debtors

6

28,900

23,868

Cash at bank and in hand

138,219

117,997

171,529

146,065

CREDITORS

Amounts falling due within one year

7

114,422

124,004

NET CURRENT ASSETS

57,107

22,061

TOTAL ASSETS LESS CURRENT LIABILITIES

563,917

525,892

CREDITORS

Amounts falling due after more than one year

8

402,076

409,169

NET ASSETS

161,841

116,723

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

161,741

116,623

161,841

116,723

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 6 January 2026 and were signed on its behalf by:

D F L Lagan - Director

Mrs J A L Lagan - Director

1.	STATUTORY INFORMATION

Lagan Dental Care Ltd is a private company, limited by shares , registered in Scotland. 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 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 2022, 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

-

20% on reducing balance

Fixtures and fittings

-

20% 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 9 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

366,000

AMORTISATION

At 1 May 2024

73,200

Amortisation for year

36,600

At 30 April 2025

109,800

NET BOOK VALUE

At 30 April 2025

256,200

At 30 April 2024

292,800

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

110,000

73,646

61,228

3,106

247,980

Additions

-

54,907

16,097

5,518

76,522

At 30 April 2025

110,000

128,553

77,325

8,624

324,502

DEPRECIATION

At 1 May 2024

-

17,557

17,978

1,414

36,949

Charge for year

-

22,199

11,870

2,874

36,943

At 30 April 2025

-

39,756

29,848

4,288

73,892

NET BOOK VALUE

At 30 April 2025

110,000

88,797

47,477

4,336

250,610

At 30 April 2024

110,000

56,089

43,250

1,692

211,031

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

28,900

23,868

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

18,060

22,587

Trade creditors

7,902

4,574

Taxation and social security

43,070

47,340

Other creditors

45,390

49,503

114,422

124,004

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

402,076

409,169

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

£

D F L Lagan and Mrs J A L Lagan

Balance outstanding at start of year

(45,798

)

(70,650

)

Amounts advanced

81,400

77,000

Amounts repaid

(78,362

)

(52,148

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(42,760

)

(45,798

)

At the year end the company was due the directors £42,760 (2024 - £45,798) There are no specific repayment terms and no interest has been charged.