REGISTERED NUMBER: 10644423 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

The Dentists Old Market Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs N J Rowlings

Dr K M N Rowlings

REGISTERED OFFICE:

56 Old Market

Bristol

BS2 0ER

REGISTERED NUMBER:

10644423 (England and Wales)

ACCOUNTANTS:

Reed & Co Accountants Limited

Marralomeda

Westward Road

Bristol

Avon

BS13 8DA

FIXED ASSETS

Intangible assets

4

251,842

273,429

Tangible assets

5

136,889

132,209

388,731

405,638

CURRENT ASSETS

Stocks

37,000

12,250

Debtors

6

182,182

171,828

Cash at bank

16,067

65,900

235,249

249,978

CREDITORS

Amounts falling due within one year

7

281,930

309,092

NET CURRENT LIABILITIES

(46,681

)

(59,114

)

TOTAL ASSETS LESS CURRENT LIABILITIES

342,050

346,524

CREDITORS

Amounts falling due after more than one year

8

(306,806

)

(312,946

)

PROVISIONS FOR LIABILITIES

(34,222

)

(32,726

)

NET ASSETS

1,022

852

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

922

752

1,022

852

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 31 July 2026 and were signed on its behalf by:

Mrs N J Rowlings - Director

Dr K M N Rowlings - Director

1.	STATUTORY INFORMATION

The Dentists Old Market 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.

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 2018, 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 etc

-

25% on reducing balance and 20% 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.

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

431,730

AMORTISATION

At 1 August 2024

158,301

Charge for year

21,587

At 31 July 2025

179,888

NET BOOK VALUE

At 31 July 2025

251,842

At 31 July 2024

273,429

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 August 2024

219,021

96,648

12,459

328,128

Additions

42,867

-

1,748

44,615

Disposals

(9,364

)

-

-

(9,364

)

At 31 July 2025

252,524

96,648

14,207

363,379

DEPRECIATION

At 1 August 2024

129,407

58,776

7,736

195,919

Charge for year

25,746

7,573

2,861

36,180

Eliminated on disposal

(5,609

)

-

-

(5,609

)

At 31 July 2025

149,544

66,349

10,597

226,490

NET BOOK VALUE

At 31 July 2025

102,980

30,299

3,610

136,889

At 31 July 2024

89,614

37,872

4,723

132,209

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Other debtors

3,732

-

Directors' current accounts

178,450

171,828

182,182

171,828

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Other loans

93,584

51,063

Hire purchase contracts

44,419

39,954

Trade creditors

29,894

34,395

Tax

80,523

139,769

Social security and other taxes

16,565

3,310

Other creditors

15,513

38,454

Pensions

712

1,431

Accrued expenses

720

716

281,930

309,092

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Other loans

238,902

233,108

Hire purchase contracts

67,904

79,838

306,806

312,946

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company entered into the following transactions with the directors:

2025

2024

Dividends paid

218,000

437,000

Capital withdrawn

6,622

-

Capital introduced

-

108,142

At the year end the amount due from the directors was £178,450 (2024: £171,828).

The directors repaid the overdrawn loan within 9 months of the year end.