REGISTERED NUMBER: SC693285 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Livingston Dental Care Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr J E Clydesdale

Dr F Clydesdale

REGISTERED OFFICE:

31 Park Road

Dalkeith

Midlothian

EH22 3DH

REGISTERED NUMBER:

SC693285 (Scotland)

ACCOUNTANTS:

Dental Accountants Scotland Ltd

Specialist Dental Accountants & Advisors

Cornerstone House

Station Road

Selkirk

Borders

TD7 5DJ

FIXED ASSETS

Intangible assets

4

343,680

365,160

Tangible assets

5

99,191

85,910

442,871

451,070

CURRENT ASSETS

Stocks

16,500

15,000

Debtors

6

35,102

35,427

Cash at bank

656,129

434,440

707,731

484,867

CREDITORS

Amounts falling due within one year

7

242,937

192,166

NET CURRENT ASSETS

464,794

292,701

TOTAL ASSETS LESS CURRENT LIABILITIES

907,665

743,771

CREDITORS

Amounts falling due after more than one year

8

(253,147

)

(298,929

)

PROVISIONS FOR LIABILITIES

9

(24,798

)

(21,477

)

NET ASSETS

629,720

423,365

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

629,620

423,265

SHAREHOLDERS' FUNDS

629,720

423,365

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 8 June 2026 and were signed on its behalf by:

Dr J E Clydesdale - Director

1.	STATUTORY INFORMATION

Livingston Dental Care Ltd is a private company, limited by shares , registered in Scotland. 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 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

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of twenty years.

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.

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

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

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

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

429,600

AMORTISATION

At 1 August 2024

64,440

Amortisation for year

21,480

At 31 July 2025

85,920

NET BOOK VALUE

At 31 July 2025

343,680

At 31 July 2024

365,160

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

44,853

48,480

26,868

5,401

125,602

Additions

36,626

-

20,687

1,771

59,084

Disposals

-

-

(26,868

)

-

(26,868

)

At 31 July 2025

81,479

48,480

20,687

7,172

157,818

DEPRECIATION

At 1 August 2024

11,221

16,477

9,959

2,035

39,692

Charge for year

17,565

4,801

4,137

2,391

28,894

Eliminated on disposal

-

-

(9,959

)

-

(9,959

)

At 31 July 2025

28,786

21,278

4,137

4,426

58,627

NET BOOK VALUE

At 31 July 2025

52,693

27,202

16,550

2,746

99,191

At 31 July 2024

33,632

32,003

16,909

3,366

85,910

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

33,089

33,069

Prepayments

2,013

2,358

35,102

35,427

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

31,896

30,393

Hire purchase contracts

19,436

14,776

Trade creditors

24,320

20,609

Tax

143,436

112,404

Pension creditor

850

809

Credit card

20,091

10,532

Directors' loan accounts

-

61

Accrued expenses

2,908

2,582

242,937

192,166

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans - 1-2 years

234,166

269,252

Hire purchase contracts

18,981

29,677

253,147

298,929

9.	PROVISIONS FOR LIABILITIES

31.7.25

31.7.24

£

£

Deferred tax

24,798

21,477

Deferred

tax

£

Balance at 1 August 2024

21,477

Provided during year

3,321

Balance at 31 July 2025

24,798

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

100

100

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.7.25

31.7.24

£

£

Dr J E Clydesdale

Balance outstanding at start of year

(31

)

(105,156

)

Amounts advanced

114,196

384,459

Amounts repaid

(114,169

)

(279,334

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(4

)

(31

)

Dr F Clydesdale

Balance outstanding at start of year

(31

)

(105,156

)

Amounts advanced

114,196

218,551

Amounts repaid

(114,169

)

(113,426

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(4

)

(31

)