REGISTERED NUMBER: 08042664 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

SKEGNESS DENTAL LABORATORY LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Director:

Mr J C Willis

Registered office:

23 Algitha Road

Skegness

Lincolnshire

PE25 2AG

Registered number:

08042664 (England and Wales)

Accountants:

Haines Watts

23 Algitha Road

Skegness

United Kingdom

PE25 2AG

Fixed assets

Tangible assets

4

1,424

1,675

Current assets

Stocks

5

6,784

6,762

Debtors

6

29,213

23,703

Cash at bank

315,368

301,105

351,365

331,570

Creditors

Amounts falling due within one year

7

92,868

103,224

Net current assets

258,497

228,346

Total assets less current liabilities

259,921

230,021

Provisions for liabilities

258

302

Net assets

259,663

229,719

Capital and reserves

Called up share capital

8

1

1

Retained earnings

9

259,662

229,718

Shareholders' funds

259,663

229,719

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 July 2026 and were signed by:

Mr J C Willis - Director

1.	Statutory information

Skegness Dental Laboratory 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.

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Office equipment

-

15% on reducing balance

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 has introduced a compliant autoenrolment pension scheme that is open to all eligible employees.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

4.	Tangible fixed assets

Plant and

Office

machinery

equipment

Totals

£

£

£

Cost

At 1 January 2025

and 31 December 2025

3,161

3,776

6,937

Depreciation

At 1 January 2025

2,518

2,744

5,262

Charge for year

96

155

251

At 31 December 2025

2,614

2,899

5,513

Net book value

At 31 December 2025

547

877

1,424

At 31 December 2024

643

1,032

1,675

5.

Stocks

2025

2024

£

£

Stock

3,655

3,423

Work-in-progress

3,129

3,339

6,784

6,762

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

28,770

22,877

Other debtors

-

434

Prepayments

443

392

29,213

23,703

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Sundry creditors and accruals

4,786

6,290

Corporation tax

18,382

18,679

Social security and other taxes

417

908

Directors' current accounts

69,283

77,347

92,868

103,224

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

9.

Reserves

Retained

earnings

£

At 1 January 2025

229,718

Profit for the year

64,944

Dividends

(35,000

)

At 31 December 2025

259,662