REGISTERED NUMBER: 01009424 (England and Wales)

Financial Statements for the Year Ended 31 October 2025

for

DB Orthodontics Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

V Coppack

K J Redin

R Peltier

S Green

REGISTERED OFFICE:

Ryefield Way

Silsden

West Yorkshire

BD20 0EF

REGISTERED NUMBER:

01009424 (England and Wales)

SENIOR STATUTORY AUDITOR:

Samantha Hutton FCCA

INDEPENDENT AUDITORS:

KJA Kilner Johnson Ltd (Statutory Auditors)

Woodland House

Woodland Park

Bradford Road

Cleckheaton

BD19 6BW

FIXED ASSETS

Intangible assets

4

89,495

-

Tangible assets

5

1,090,496

1,163,241

Investments

6

100

100

1,180,091

1,163,341

CURRENT ASSETS

Stocks

7

2,276,117

1,835,011

Debtors

8

1,560,602

1,295,977

Cash at bank and in hand

644,374

598,795

4,481,093

3,729,783

CREDITORS

Amounts falling due within one year

9

1,668,478

1,353,781

NET CURRENT ASSETS

2,812,615

2,376,002

TOTAL ASSETS LESS CURRENT LIABILITIES

3,992,706

3,539,343

PROVISIONS FOR LIABILITIES

11

39,382

61,070

NET ASSETS

3,953,324

3,478,273

CAPITAL AND RESERVES

Called up share capital

615

615

Share premium

750

750

Capital redemption reserve

135

135

Retained earnings

3,951,824

3,476,773

3,953,324

3,478,273

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 Board of Directors and authorised for issue on 23 June 2026 and were signed on its behalf by:

V Coppack - Director

1.	STATUTORY INFORMATION

DB Orthodontics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover comprises the fair value of consideration received or receivable for the sale of orthodontic products and related goods supplied to customers in the ordinary course of business, net of value added tax, trade discounts, rebates and returns.

Revenue from the sale of goods is recognised when control of the goods has passed to the customer, which is generally upon delivery to the customer in accordance with the agreed terms of sale, and when the amount of revenue can be measured reliably and collection of consideration is probable.

Where discounts, rebates or returns are expected, revenue is recognised only to the extent that it is highly probable that a significant reversal will not occur when the uncertainty is subsequently resolved.

Other Income

Rental income is recognised on a straight-line basis over the period of the lease.

Interest receivable is recognised in profit or loss using the effective interest method and is accrued on a time-apportioned basis by reference to the principal outstanding and the applicable interest rate.

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

10% straight line and 4% straight line

Plant and machinery etc

-

25% straight line and 10% straight line

Fixed assets are initially recognised at cost.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Cost comprises the purchase price of goods together with directly attributable costs incurred in bringing the stocks to their present location and condition.

Provision is made where necessary for obsolete, slow-moving, damaged or defective stock where the carrying value is not expected to be recovered through sale or use. The provision is based on management's assessment of the age, condition and anticipated future saleability of stock at the reporting date.

Net realisable value is based on the estimated selling price in the ordinary course of business less all estimated costs of completion and costs necessary to make the sale.

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 48 (2024 - 53 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

91,399

At 31 October 2025

91,399

AMORTISATION

Charge for year

1,904

At 31 October 2025

1,904

NET BOOK VALUE

At 31 October 2025

89,495

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 November 2024

1,973,898

1,016,754

31,500

3,022,152

Additions

-

42,979

-

42,979

Disposals

-

-

(31,500

)

(31,500

)

At 31 October 2025

1,973,898

1,059,733

-

3,033,631

DEPRECIATION

At 1 November 2024

893,972

933,439

31,500

1,858,911

Charge for year

85,555

30,169

-

115,724

Eliminated on disposal

-

-

(31,500

)

(31,500

)

At 31 October 2025

979,527

963,608

-

1,943,135

NET BOOK VALUE

At 31 October 2025

994,371

96,125

-

1,090,496

At 31 October 2024

1,079,926

83,315

-

1,163,241

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 November 2024

and 31 October 2025

100

NET BOOK VALUE

At 31 October 2025

100

At 31 October 2024

100

7.

STOCKS

2025

2024

£

£

Stocks

2,238,709

1,800,993

Raw materials

37,408

34,018

2,276,117

1,835,011

Included within stock is £102,867 (2024: £106,681) of goods in transit at the balance sheet date, for which the company has the risks and rewards of ownership.

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,364,271

1,113,183

Other debtors

91,642

112,191

Directors' loan accounts

-

4,062

Prepayments

104,689

66,541

1,560,602

1,295,977

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,258,194

1,047,231

Amounts owed to group undertakings

-

1,650

Tax

146,582

51,607

Social security and other taxes

48,575

36,216

Pension

9,753

-

VAT

184,024

196,577

Accruals and deferred income

21,350

20,500

1,668,478

1,353,781

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

182,914

57,057

Between one and five years

528,470

117,602

711,384

174,659

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

39,382

61,070

Deferred

tax

£

Balance at 1 November 2024

61,070

Provided during year

(21,688

)

Balance at 31 October 2025

39,382

12.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Samantha Hutton FCCA (Senior Statutory Auditor)

for and on behalf of KJA Kilner Johnson Ltd (Statutory Auditors)

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

V Coppack

Balance outstanding at start of year

-

14,260

Amounts advanced

963

-

Amounts repaid

-

(14,260

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

963

-

C Burdess

Balance outstanding at start of year

4,062

442

Amounts advanced

27,032

4,376

Amounts repaid

(4,062

)

(756

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

27,032

4,062

The directors loan account's for V Coppack and C Burdess were repaid on 12 January 2026.

14.	POST BALANCE SHEET EVENTS

Following the reporting date, the Company completed a demerger pursuant to a capital reduction scheme. As part of the demerger, the Company's freehold property was transferred to a newly incorporated company under common shareholder ownership by way of a dividend in specie.

The property was transferred at an agreed value of £1,500,000. The transaction was completed after the reporting date and accordingly represents a non-adjusting event under FRS 102. No adjustment has therefore been made to the carrying amounts included in these financial statements.

As of 24 November 2025, the ultimate parent undertaking of DB Orthodontics Limited was sold.

The immediate parent in the new group is Burdess Group Holdings Limited and the ultimate controlling party is Lifco AB.