| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st October 2025 |
| for |
| Lancashire Oral Surgery Clinic Ltd. |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st October 2025 |
| for |
| Lancashire Oral Surgery Clinic Ltd. |
| Lancashire Oral Surgery Clinic Ltd. (Registered number: 10444595) |
| Contents of the Financial Statements |
| for the Year Ended 31st October 2025 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 3 |
| Lancashire Oral Surgery Clinic Ltd. (Registered number: 10444595) |
| Balance Sheet |
| 31st October 2025 |
| 31.10.25 | 31.10.24 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| Lancashire Oral Surgery Clinic Ltd. (Registered number: 10444595) |
| Balance Sheet - continued |
| 31st October 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Lancashire Oral Surgery Clinic Ltd. (Registered number: 10444595) |
| Notes to the Financial Statements |
| for the Year Ended 31st October 2025 |
| 1. | COMPANY INFORMATION |
| Lancashire Oral Surgery Clinic Ltd. is a |
| Registered number: |
| Registered office: |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Revenue from the provision of professional services is recognised on delivery of the service. |
| Goodwill |
| 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 |
| Tangible Fixed assets are initially measured at cost and subsequently measured at cost or |
| valuation, net of depreciation and any impairment loss. |
| Depreciation is recognised so as to write off the cost or valuation of assets less their residual |
| values over their useful lives on the following basis: |
| Leasehold Property Improvements - 10% on cost |
| Computer Equipment - 20% on cost |
| 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 the profit or loss. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. |
| Lancashire Oral Surgery Clinic Ltd. (Registered number: 10444595) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st October 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Franchise |
| costs |
| £ |
| COST |
| At 1st November 2024 |
| and 31st October 2025 |
| AMORTISATION |
| At 1st November 2024 |
| Amortisation for year |
| At 31st October 2025 |
| NET BOOK VALUE |
| At 31st October 2025 |
| At 31st October 2024 |
| On 30 November 2022 the Dr D Hammond purchased the entire share capital of the company from the outgoing shareholders. The consideration, net of legal fees and other associated costs, has been capitalised as goodwill of the practice and is being written off over a 10 year period. |
| 5. | TANGIBLE FIXED ASSETS |
| Short | Plant and | Computer |
| leasehold | machinery | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st November 2024 |
| Additions |
| At 31st October 2025 |
| DEPRECIATION |
| At 1st November 2024 |
| Charge for year |
| At 31st October 2025 |
| NET BOOK VALUE |
| At 31st October 2025 |
| At 31st October 2024 |
| Lancashire Oral Surgery Clinic Ltd. (Registered number: 10444595) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st October 2025 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.10.25 | 31.10.24 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Deposit | 1,140 | 1,140 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.10.25 | 31.10.24 |
| £ | £ |
| Bank loans and overdrafts |
| Tax |
| Other creditors |
| Pension Payable | 216 | 279 |
| Directors' current accounts | 33,373 | 107,669 |
| Accrued expenses |
| Other creditors include £342,000 of deferred consideration. |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.10.25 | 31.10.24 |
| £ | £ |
| Bank loans more 5 yr by instal |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 276,322 | 292,121 |
| The company has a loan with Natwest Bank of £nil (2024: £Nil). The loan is secured over a property owned by a related party and a guarantee for £118,800 from the company itself. |
| The company entered into a new loan during the period to finance the acquisition of the practice. The loan is repayable over a 10 year term. |
| 9. | LEASING AGREEMENTS |
| During the year, the company entered into an operating lease agreement for the leasehold property. The agreement is on a 12 month rolling contract basis and the company makes monthly lease payments of £1,500. |
| Lancashire Oral Surgery Clinic Ltd. (Registered number: 10444595) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st October 2025 |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.10.25 | 31.10.24 |
| value: | £ | £ |
| Ordinary A | £1 | 100 | 100 |
| Ordinary B | £1 | 1 | 1 |
| Ordinary C | £1 | 1 | 1 |
| Ordinary D | £1 | 1 | 1 |
| Ordinary E | £1 | 1 | 1 |
| 1 | Ordinary F | £1 | 1 | 1 |
| 1 | Ordinary G | £1 | 1 | 1 |
| 1 | Ordinary H | £1 | 1 | 1 |
| 1 | Ordinary I | £1 | 1 | 1 |
| 1 | Ordinary J | £1 | 1 | 1 |
| 1 | Ordinary K | £1 | 1 | 1 |
| 1 | Ordinary L | £1 | 1 | 1 |
| 1 | Ordinary M | £1 | 1 | 1 |
| 112 | 112 |
| Ordinary A Shares confer on the holders the right to vote upon any resolution proposed at any |
| general meeting of the company. |
| All other share classes have no voting or distribution rights. Each share has a right to dividends |
| at the discretion of the A shareholders. |
| All shares classes rank equally in terms of capital distribution rights. |
| 11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31st October 2025 and 31st October 2024: |
| 31.10.25 | 31.10.24 |
| £ | £ |
| Balance outstanding at start of year | ( |
) | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year | ( |
) | ( |
) |
| The loan is repayable on demand and no interest was charged during the year. |
| 12. | ULTIMATE CONTROLLING PARTY |
| The controlling party is Dr D R Hammond. |
| The ultimate controlling party is the directors by virtue of holding 100% of the voting share capital. |