Company No: 11374634 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Dr R M Hennebry
	Dr V Hennebry

REGISTERED OFFICE	64 Sheen Road
	Richmond
	TW9 1UF
	United Kingdom

COMPANY NUMBER

11374634 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Wey Court West
	Union Road
	Farnham
	Surrey
	GU9 7PT

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	327,237		331,128
Tangible assets	4	271,965		335,719
		599,202		666,847
Current assets
Stocks	5	18,511		11,648
Debtors	6	216,252		167,865
Cash at bank and in hand	7	1,046,385		602,221
		1,281,148		781,734
Creditors: amounts falling due within one year	8	( 345,444)		( 211,264)
Net current assets		935,704		570,470
Total assets less current liabilities		1,534,906		1,237,317
Provision for liabilities	9	( 2,674)		( 6,932)
Net assets		1,532,232		1,230,385
Capital and reserves
Called-up share capital	10	200		200
Share premium account		978,883		978,883
Profit and loss account		553,149		251,302
Total shareholders' funds		1,532,232		1,230,385

For the financial 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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of KNIGHTSBRIDGE ORTHODONTICS LTD (registered number: 11374634) were approved and authorised for issue by the Board of Directors on 13 January 2026. They were signed on its behalf by:

Dr R M Hennebry Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

KNIGHTSBRIDGE ORTHODONTICS LTD (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 64 Sheen Road, Richmond, TW9 1UF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents the supply of dental services and is measured at the fair value of the consideration received or receivable.

Taxation

Current tax
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.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Goodwill

Goodwill arises on business combination and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis over its useful economic life, which is 10 years from April 2022.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	10 years straight line
Plant and machinery etc.	4 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	13		10

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 April 2024	338,910		338,910
At 31 March 2025	338,910		338,910
Accumulated amortisation
At 01 April 2024	7,782		7,782
Charge for the financial year	3,891		3,891
At 31 March 2025	11,673		11,673
Net book value
At 31 March 2025	327,237		327,237
At 31 March 2024	331,128		331,128

4. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 April 2024	300,190		147,096		447,286
Additions	0		3,650		3,650
At 31 March 2025	300,190		150,746		450,936
Accumulated depreciation
At 01 April 2024	51,760		59,807		111,567
Charge for the financial year	30,019		37,385		67,404
At 31 March 2025	81,779		97,192		178,971
Net book value
At 31 March 2025	218,411		53,554		271,965
At 31 March 2024	248,430		87,289		335,719

5. Stocks

	2025		2024
	£		£
Stocks	18,511		11,648

6. Debtors

	2025		2024
	£		£
Trade debtors	104,245		95,833
Amounts owed by associates	50,645		54,531
Prepayments	50,173		1,820
Other debtors	11,189		15,681
	216,252		167,865

7. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	1,046,385		602,221

8. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	109,253		65,445
Accruals	20,500		16,809
Taxation and social security	191,482		109,342
Other creditors	24,209		19,668
	345,444		211,264

9. Provision for liabilities

	2025		2024
	£		£
Deferred tax	2,674		6,932

10. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
200 Ordinary shares of £ 1.00 each	200		200

11. Financial commitments

Commitments

Capital commitments are as follows:

	2025		2024
	£		£
Contracted for but not provided for:
Other	884,500		0

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	61,000		0
between one and five years	244,000		0
after five years	579,500		0
Total future minimum lease payments under non-cancellable operating leases	884,500		0

The Company entered into a rental lease agreement dated 2 May 2025, which commenced on 5 October 2024 and expires on 4 October 2039.

12. Related party transactions

Transactions with owners holding a participating interest in the entity

	2025		2024
	£		£
Richmond Hill Orthodontics Limited	57,991		54,531

As at 31 March 2025, Knightsbridge Orthodontics Ltd was owed £57,991 (2024 - £54,531) from Richmond Hill Orthodontics Limited. This loan is interest free and payable on demand.