REGISTERED NUMBER: 05467946 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Implants International Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Emmanuel

SECRETARY:

N Emmanuel

REGISTERED OFFICE:

71 Jay Avenue

Teesside Industrial Estate

Thornaby On Tees

Cleveland

TS17 9LZ

REGISTERED NUMBER:

05467946 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

Great North House

Allington Way

DARLINGTON

Co Durham

DL1 4QB

FIXED ASSETS

Intangible assets

4

994,285

1,077,741

Tangible assets

5

831,262

821,206

1,825,547

1,898,947

CURRENT ASSETS

Stocks

6

1,385,285

1,361,285

Debtors

7

4,460,495

4,360,322

Cash at bank and in hand

12,341

24,066

5,858,121

5,745,673

CREDITORS

Amounts falling due within one year

8

347,869

437,302

NET CURRENT ASSETS

5,510,252

5,308,371

TOTAL ASSETS LESS CURRENT LIABILITIES

7,335,799

7,207,318

CREDITORS

Amounts falling due after more than one year

9

(2,657,034

)

(2,639,946

)

PROVISIONS FOR LIABILITIES

11

(381,046

)

(320,445

)

NET ASSETS

4,297,719

4,246,927

CAPITAL AND RESERVES

Called up share capital

12

216,223

216,223

Share premium

2,994,976

2,994,976

Retained earnings

1,086,520

1,035,728

SHAREHOLDERS' FUNDS

4,297,719

4,246,927

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 her 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 9 June 2026 and were signed by:

N Emmanuel - Director

1.	STATUTORY INFORMATION

Implants International 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Turnover

Turnover is measured at the fair value of the consideration receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income Recognition

Income is recognised when a contract for the sale of goods is determined as unconditional.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

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 - 10% on cost

Fixtures and fittings - 25% on cost

Computer Equipment - 33.33% on cost

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Grants receivable

Revenue based grants are credited to the profit and loss account. Capital based grants are credited to the profit and loss account, in equal instalments, over the estimated useful life of the related asset.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 January 2025

1,321,379

Additions

105,533

At 31 December 2025

1,426,912

AMORTISATION

At 1 January 2025

243,638

Amortisation for year

188,989

At 31 December 2025

432,627

NET BOOK VALUE

At 31 December 2025

994,285

At 31 December 2024

1,077,741

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Surgical

Computer

machinery

fittings

Equipment

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

642,024

11,060

578,500

11,210

1,242,794

Additions

69,475

836

-

475

70,786

At 31 December 2025

711,499

11,896

578,500

11,685

1,313,580

DEPRECIATION

At 1 January 2025

404,077

9,429

-

8,082

421,588

Charge for year

57,062

1,459

-

2,209

60,730

At 31 December 2025

461,139

10,888

-

10,291

482,318

NET BOOK VALUE

At 31 December 2025

250,360

1,008

578,500

1,394

831,262

At 31 December 2024

237,947

1,631

578,500

3,128

821,206

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 January 2025

and 31 December 2025

149,950

DEPRECIATION

At 1 January 2025

15,406

Charge for year

14,995

At 31 December 2025

30,401

NET BOOK VALUE

At 31 December 2025

119,549

At 31 December 2024

134,544

6.

STOCKS

2025

2024

£

£

Stocks

1,385,285

1,361,285

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,408,769

4,313,312

Other debtors

22,039

27,308

Prepayments and accrued income

29,687

19,702

4,460,495

4,360,322

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

24,516

21,183

Hire purchase contracts (see note 10)

35,062

23,969

Trade creditors

169,099

263,796

Taxation and social security

38,168

85,318

Other creditors

72,093

37,349

Accruals and deferred income

8,931

5,687

347,869

437,302

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

270,211

275,194

Hire purchase contracts (see note 10)

73,856

90,400

Directors' loan accounts

2,312,967

2,274,352

2,657,034

2,639,946

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

35,062

23,969

Between one and five years

73,856

90,400

108,918

114,369

Non-cancellable

operating leases

2025

2024

£

£

Within one year

78,590

78,590

Between one and five years

275,065

353,655

353,655

432,245

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

200,046

210,445

Other provisions

181,000

110,000

381,046

320,445

Deferred

tax

£

Balance at 1 January 2025

210,445

Provided during year

(10,399

)

Balance at 31 December 2025

200,046

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

216,223

Ordinary shares

1

216,223

216,223