Sky Dental Services Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—6

Registered number: 09433475

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		258,920		284,812
Tangible Assets	5		195,456		141,222

			454,376		426,034
CURRENT ASSETS
Stocks		10,000		13,000
Debtors	6	177,892		51,063
Cash at bank and in hand		102,954		47,687

		290,846		111,750
Creditors: Amounts Falling Due Within One Year		(195,514 )		(119,155 )

NET CURRENT ASSETS (LIABILITIES)			95,332		(7,405 )

TOTAL ASSETS LESS CURRENT LIABILITIES			549,708		418,629

Creditors: Amounts Falling Due After More Than One Year	7		(391,512 )		(365,555 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(13,558 )		-

NET ASSETS			144,638		53,074

CAPITAL AND RESERVES
Called up share capital	10		120		120
Profit and Loss Account			144,518		52,954

SHAREHOLDERS' FUNDS			144,638		53,074

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Sky Dental Services Limited

Abridged Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 28 February 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Dr K M Abdel Khalek

Director

18 August 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Sky Dental Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09433475 . The registered office is 6 Combe Road, Portishead, Bristol, BS20 6BJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the period.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 15 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% Written down value
Fixtures & Fittings	20% Written down value
Computer Equipment	33% Straight line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Financial Instruments

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method.

Debt instruments that are payable and receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of trade debt deferred beyond the normal business terms or financed at a rate of interest that is not a market rate or in the case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets that are measured at cost and amortised costs are assessed at the end of each reporting period for the objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

For financial assets measured at amortised cost, the impairment loss is measured at the difference between an asset’s carrying amount and the present value of estimated cash flows discounted at the asset’s original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

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Sky Dental Services Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 28 February 2026

2.8. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.9. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees during the year was as follows: 10 (2025: 10)

4. Intangible Assets

	Total
	£
Cost
As at 1 March 2025	388,380

As at 28 February 2026	388,380

Amortisation
As at 1 March 2025	103,568
Provided during the period	25,892

As at 28 February 2026	129,460

Net Book Value
As at 28 February 2026	258,920

As at 1 March 2025	284,812

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Sky Dental Services Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 28 February 2026

5. Tangible Assets

	Total
	£
Cost
As at 1 March 2025	218,952
Additions	105,009

As at 28 February 2026	323,961

Depreciation
As at 1 March 2025	77,730
Provided during the period	50,775

As at 28 February 2026	128,505

Net Book Value
As at 28 February 2026	195,456

As at 1 March 2025	141,222

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2026	2025
	£	£
Plant & Machinery	42,077	52,596
Fixtures & Fittings	67,829	-

	109,906	52,596

6. Debtors

	2026	2025
	£	£
Due after more than one year
Other debtors	26,387	-

7. Creditors: amounts falling due after five years

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2026		2025
	£		£
Bank loans	169,124		196,000

8. Secured Creditors

Of the creditors the following amounts are secured.

	2026		2025
	£		£
Bank loans and overdrafts	283,923		303,883

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Sky Dental Services Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 28 February 2026

9. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	30,933	16,740
Later than one year and not later than five years	128,489	81,195

	159,422	97,935

	159,422	97,935

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	120	120

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 March 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 28 February 2026
	£	£	£	£	£
Dr Karim Abdel Khalek	38,824	143,928	32,366	-	150,385

Interest is charged on loan balances above £10,000 at the HMRC approved interest rate of 2.25%

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