REGISTERED NUMBER: SC734509 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Vanguard Dental Holdings LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A A Jeffcoate

REGISTERED OFFICE:

565 Dumbarton Road

Dalmuir

Clydebank

G81 4DL

REGISTERED NUMBER:

SC734509 (Scotland)

ACCOUNTANTS:

Dental Accountants Scotland Ltd

Specialist Dental Accountants & Advisors

Cornerstone House

Station Road

Selkirk

Borders

TD7 5DJ

FIXED ASSETS

Intangible assets

4

375,600

425,600

Tangible assets

5

619,189

523,787

Investments

6

8,020

-

1,002,809

949,387

CURRENT ASSETS

Stocks

10,000

5,000

Debtors

7

115,534

47,185

Cash at bank

42,516

10,876

168,050

63,061

CREDITORS

Amounts falling due within one year

8

191,384

133,889

NET CURRENT LIABILITIES

(23,334

)

(70,828

)

TOTAL ASSETS LESS CURRENT LIABILITIES

979,475

878,559

CREDITORS

Amounts falling due after more than one year

9

776,864

769,873

NET ASSETS

202,611

108,686

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

10

202,511

108,586

202,611

108,686

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 March 2026 and were signed by:

A A Jeffcoate - Director

1.	STATUTORY INFORMATION

Vanguard Dental Holdings 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 twenty 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.

Freehold property

-

2% on cost

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.

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 11 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

500,000

AMORTISATION

At 1 September 2024

74,400

Amortisation for year

50,000

At 31 August 2025

124,400

NET BOOK VALUE

At 31 August 2025

375,600

At 31 August 2024

425,600

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

395,674

127,598

48,975

6,683

578,930

Additions

48,477

86,701

14,706

5,265

155,149

At 31 August 2025

444,151

214,299

63,681

11,948

734,079

DEPRECIATION

At 1 September 2024

9,314

31,901

11,673

2,255

55,143

Charge for year

8,883

36,480

10,402

3,982

59,747

At 31 August 2025

18,197

68,381

22,075

6,237

114,890

NET BOOK VALUE

At 31 August 2025

425,954

145,918

41,606

5,711

619,189

At 31 August 2024

386,360

95,697

37,302

4,428

523,787

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

8,020

At 31 August 2025

8,020

NET BOOK VALUE

At 31 August 2025

8,020

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

50,473

47,185

Other debtors

65,061

-

115,534

47,185

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

19,213

32,629

Hire purchase contracts

35,341

22,931

Trade creditors

9,354

690

Taxation and social security

96,665

45,155

Other creditors

30,811

32,484

191,384

133,889

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

698,819

712,148

Hire purchase contracts

78,045

57,725

776,864

769,873

10.

RESERVES

Retained

earnings

£

At 1 September 2024

108,586

Profit for the year

292,392

Dividends

(198,467

)

At 31 August 2025

202,511

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

£

A A Jeffcoate

Balance outstanding at start of year

(413

)

(146

)

Amounts advanced

279,713

208,628

Amounts repaid

(214,239

)

(208,895

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

65,061

(413

)

Interest has been charged at the average rate of 2.25%. The loan was repaid shortly after the year end.