REGISTERED NUMBER: 05650700 (England and Wales)

Formby Dental Laboratory Ltd

Unaudited Financial Statements

for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N R Duncan

SECRETARY:

Mrs K J Duncan

REGISTERED OFFICE:

13a Duke Street

Southport

Merseyside

PR8 1LS

REGISTERED NUMBER:

05650700 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co Ltd

13a Duke Street

Southport

Merseyside

PR8 1LS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

31,726

38,210

31,726

38,210

CURRENT ASSETS

Stocks

810

800

Debtors

6

55,408

25,137

Cash at bank

140,366

109,294

196,584

135,231

CREDITORS

Amounts falling due within one year

7

(60,343

)

(51,250

)

NET CURRENT ASSETS

136,241

83,981

TOTAL ASSETS LESS CURRENT LIABILITIES

167,967

122,191

CREDITORS

Amounts falling due after more than one year

8

(19,227

)

(24,421

)

NET ASSETS

148,740

97,770

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

148,640

97,670

SHAREHOLDERS' FUNDS

148,740

97,770

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 28 July 2026 and were signed by:

N R Duncan - Director

1.	STATUTORY INFORMATION

Formby Dental Laboratory Ltd 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

Turnover represents the invoiced charge for goods & Services.

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.

Property Improvements

-

10% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

50,792

Disposals

(50,792

)

At 31 December 2025

-

AMORTISATION

At 1 January 2025

50,792

Eliminated on disposal

(50,792

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Property

and

Computer

Improvements

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

and 31 December 2025

8,367

89,338

8,035

105,740

DEPRECIATION

At 1 January 2025

5,852

55,231

6,447

67,530

Charge for year

836

5,116

532

6,484

At 31 December 2025

6,688

60,347

6,979

74,014

NET BOOK VALUE

At 31 December 2025

1,679

28,991

1,056

31,726

At 31 December 2024

2,515

34,107

1,588

38,210

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

25,708

22,397

Other debtors

29,700

2,740

55,408

25,137

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,193

5,065

Trade creditors

5,173

3,216

Taxation and social security

47,672

40,777

Other creditors

2,305

2,192

60,343

51,250

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

19,227

24,421

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

N R Duncan

Balance outstanding at start of year

(2

)

(4,584

)

Amounts advanced

133,003

106,524

Amounts repaid

(106,145

)

(101,942

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

26,856

(2

)

The above amount was repaid within 9 months of the year-end and interest has been charged at HMRC approved rates on overdrawn balances during the year.

11.	ULTIMATE CONTROLLING PARTY

The company's ultimate controlling party is Mr N Duncan.