Company No: SC711074 (Scotland)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	4	1,320,000		1,540,000
Tangible assets	5	177,804		177,779
		1,497,804		1,717,779
Current assets
Stocks		10,260		8,550
Debtors	6	176,848		155,709
Cash at bank and in hand	7	119,716		57,457
		306,824		221,716
Creditors: amounts falling due within one year	8	( 843,810)		( 1,133,857)
Net current liabilities		(536,986)		(912,141)
Total assets less current liabilities		960,818		805,638
Creditors: amounts falling due after more than one year	9	( 45,528)		( 163,630)
Provision for liabilities		( 28,708)		( 27,313)
Net assets		886,582		614,695
Capital and reserves
Called-up share capital		260		260
Profit and loss account		886,322		614,435
Total shareholders' funds		886,582		614,695

For the financial 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.

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 One Dental Care Ltd (registered number: SC711074) were approved and authorised for issue by the Board of Directors on 16 June 2026. They were signed on its behalf by:

Colin Walker Hunter Director

Greig Thomas Stevenson 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

One Dental Care Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 42 New Street, Dalry, KA24 5AF, 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 £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

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

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:

Leasehold improvements	not depreciated
Plant and machinery	20 % reducing balance
Vehicles	25 % reducing balance
Computer equipment	15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

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.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	28		24

4. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 October 2024	2,200,000		2,200,000
At 30 September 2025	2,200,000		2,200,000
Accumulated amortisation
At 01 October 2024	660,000		660,000
Charge for the financial year	220,000		220,000
At 30 September 2025	880,000		880,000
Net book value
At 30 September 2025	1,320,000		1,320,000
At 30 September 2024	1,540,000		1,540,000

5. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 October 2024	34,640		156,536		100,974		8,305		300,455
Additions	0		30,379		0		4,167		34,546
At 30 September 2025	34,640		186,915		100,974		12,472		335,001
Accumulated depreciation
At 01 October 2024	0		61,920		58,375		2,381		122,676
Charge for the financial year	0		22,594		10,650		1,277		34,521
At 30 September 2025	0		84,514		69,025		3,658		157,197
Net book value
At 30 September 2025	34,640		102,401		31,949		8,814		177,804
At 30 September 2024	34,640		94,616		42,599		5,924		177,779

6. Debtors

	2025		2024
	£		£
Trade debtors	176,166		150,635
Prepayments	682		1,699
Other debtors	0		3,375
	176,848		155,709

7. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	119,716		57,457

8. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	121,317		112,320
Amounts owed to directors	407,109		720,480
Accruals	99,273		91,532
Taxation and social security	195,500		197,190
Obligations under finance leases and hire purchase contracts	4,940		7,164
Other creditors	15,671		5,171
	843,810		1,133,857

9. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured)	41,000		154,162
Obligations under finance leases and hire purchase contracts	4,528		9,468
	45,528		163,630

The Royal Bank of Scotland holds a floating charge over all the property and undertakings of the company. The charge contains a negative pledge.

10. Related party transactions

Transactions with the entity's directors

	2025		2024
	£		£
Amounts owed to directors	407,109		720,480

The above loan has no fixed term of repayment and no interest has been charged.