AG Dental (Equipment) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 07007257

		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		127,463		159,881

			127,463		159,881
CURRENT ASSETS
Stocks	5	198,391		253,535
Debtors	6	43,954		56,824
Cash at bank and in hand		418		77

		242,763		310,436
Creditors: Amounts Falling Due Within One Year	7	(366,876 )		(398,878 )

NET CURRENT ASSETS (LIABILITIES)			(124,113 )		(88,442 )

TOTAL ASSETS LESS CURRENT LIABILITIES			3,350		71,439

Creditors: Amounts Falling Due After More Than One Year	8		(112,798 )		(82,387 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			-		(14,599 )

NET LIABILITIES			(109,448 )		(25,547 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(109,548 )		(25,647 )

SHAREHOLDERS' FUNDS			(109,448)		(25,547)

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AG Dental (Equipment) Limited

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Allister Griffin

Director

15 June 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

AG Dental (Equipment) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07007257 . The registered office is Unit 1 Northford Close, Shrivenham, Swindon, SN6 8HL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have assessed the company’s ability to continue as a going concern, having regard to its financial position, including net current liabilities of £124,113 and net liabilities of £109,448 at the balance sheet date.

The directors have prepared cash flow forecasts covering a period of at least 12 months from the date of approval of these financial statements. These forecasts take into account a range of scenarios, including reasonably possible changes in trading performance and the current economic environment.

Notwithstanding the company’s balance sheet position, the forecasts indicate that the company will have sufficient liquidity to meet its liabilities as they fall due. This is supported by ongoing profitable trading, director support, creditor management and future contracts.

The directors have also considered the key assumptions underlying these forecasts and the potential impact of adverse movements. Based on this assessment, they have a reasonable expectation that the company will continue in operational existence for the foreseeable future.

Accordingly, the directors continue to adopt the going concern basis of accounting in preparing these financial statements.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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AG Dental (Equipment) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% straight line
Motor Vehicles	25% straight line
Fixtures & Fittings	25% straight line
Computer Equipment	25% straight line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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AG Dental (Equipment) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 6)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 October 2024	204,236	55,131	259,367
Additions	20,785	-	20,785
Disposals	(1,250 )	(15,250 )	(16,500 )

As at 30 September 2025	223,771	39,881	263,652

Depreciation
As at 1 October 2024	87,253	12,233	99,486
Provided during the period	37,103	10,767	47,870
Disposals	(365 )	(10,802 )	(11,167 )

As at 30 September 2025	123,991	12,198	136,189

Net Book Value
As at 30 September 2025	99,780	27,683	127,463

As at 1 October 2024	116,983	42,898	159,881

5. Stocks

	2025	2024 as restated
	£	£
Stock	190,000	234,621
Work in progress	8,391	18,914

	198,391	253,535

6. Debtors

	2025	2024 as restated
	£	£
Due within one year
Trade debtors	32,976	20,365
Prepayments and accrued income	8,840	15,667

...CONTINUED

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AG Dental (Equipment) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

Other debtors	42	1,327
VAT	2,096	-
Director's loan account	-	19,465

	43,954	56,824

7. Creditors: Amounts Falling Due Within One Year

	2025	2024 as restated
	£	£
Trade creditors	83,685	70,571
Bank loans and overdrafts	176,005	234,369
Other taxes and social security	4,985	16,138
VAT	-	35,975
Other creditors	1,827	3,177
Accruals and deferred income	29,148	38,648
Director's loan account	71,226	-

	366,876	398,878

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024 as restated
	£	£
Bank loans	112,798	82,387

9. Share Capital

	2025	2024 as restated
	£	£
Allotted, Called up and fully paid	100	100

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 October 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 September 2025
	£	£	£	£	£
Mr Allister Griffin	19,465	29,646	(120,337 )	-	(71,226 )

The above loan is unsecured, interest free and repayable on demand.

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