REGISTERED NUMBER: SC486179 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 May 2025

for

Edinburgh Dental Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Bloch

Dr M Soltani

REGISTERED OFFICE:

4 Great Stuart Street

EDINBURGH

EH3 6AW

REGISTERED NUMBER:

SC486179 (Scotland)

ACCOUNTANTS:

Dental Accountants Scotland Ltd

Specialist Dental Accountants & Advisors

Cornerstone House

Station Road

Selkirk

Borders

TD7 5DJ

FIXED ASSETS

Intangible assets

4

78,185

85,293

Tangible assets

5

309,966

308,457

388,151

393,750

CURRENT ASSETS

Stocks

8,563

8,155

Debtors

6

266,218

39,795

Cash at bank

2,220,956

2,059,123

2,495,737

2,107,073

CREDITORS

Amounts falling due within one year

7

223,831

150,099

NET CURRENT ASSETS

2,271,906

1,956,974

TOTAL ASSETS LESS CURRENT LIABILITIES

2,660,057

2,350,724

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

2,659,957

2,350,624

SHAREHOLDERS' FUNDS

2,660,057

2,350,724

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2026 and were signed on its behalf by:

Dr M Soltani - Director

P Bloch - Director

1.	STATUTORY INFORMATION

Edinburgh Dental 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 amounts paid in connection with the acquisition of businesses in 2015 & 2016, is being amortised evenly over its estimated useful life of 2-20 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

-

Straight line over 20 years

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% 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 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

557,983

AMORTISATION

At 1 June 2024

472,690

Charge for year

7,108

At 31 May 2025

479,798

NET BOOK VALUE

At 31 May 2025

78,185

At 31 May 2024

85,293

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 June 2024

341,621

67,337

28,382

19,353

456,693

Additions

-

27,000

430

1,532

28,962

At 31 May 2025

341,621

94,337

28,812

20,885

485,655

DEPRECIATION

At 1 June 2024

79,109

43,842

7,591

17,694

148,236

Charge for year

15,333

7,574

3,183

1,363

27,453

At 31 May 2025

94,442

51,416

10,774

19,057

175,689

NET BOOK VALUE

At 31 May 2025

247,179

42,921

18,038

1,828

309,966

At 31 May 2024

262,512

23,495

20,791

1,659

308,457

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

45,409

32,090

Other debtors

220,809

7,705

266,218

39,795

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade creditors

3,280

3,044

Taxation and social security

133,405

128,652

Other creditors

87,146

18,403

223,831

150,099

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

51

Ordinary

£1

51

51

49

Ordinary A

£1

49

49

100

100

9.

RESERVES

Retained

earnings

£

At 1 June 2024

2,350,624

Profit for the year

374,833

Dividends

(65,500

)

At 31 May 2025

2,659,957

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.5.25

31.5.24

£

£

Dr M Soltani and P Bloch

Balance outstanding at start of year

(6,856

)

(7,587

)

Amounts advanced

(473,465

)

(224,358

)

Amounts repaid

315,515

225,089

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(164,806

)

(6,856

)