Schoenitz Dental Laboratory (Uk) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 03612088

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		693,557		699,862

			693,557		699,862
CURRENT ASSETS
Stocks	5	59,179		62,799
Debtors	6	377,497		344,409
Cash at bank and in hand		198,692		189,344

		635,368		596,552
Creditors: Amounts Falling Due Within One Year	7	(96,253 )		(79,771 )

NET CURRENT ASSETS (LIABILITIES)			539,115		516,781

TOTAL ASSETS LESS CURRENT LIABILITIES			1,232,672		1,216,643

Creditors: Amounts Falling Due After More Than One Year	8		(121,484 )		(140,039 )

NET ASSETS			1,111,188		1,076,604

CAPITAL AND RESERVES
Called up share capital			1,000		1,000
Fair value reserve			(81,673 )		(81,673 )
Profit and Loss Account			1,191,861		1,157,277

SHAREHOLDERS' FUNDS			1,111,188		1,076,604

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Schoenitz Dental Laboratory (Uk) Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 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.

On behalf of the board

Mr R B Stocchi

Director

20/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Schoenitz Dental Laboratory (Uk) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03612088 . The registered office is 40 The Metro Centre, Dwight Road, Watford, Hertfordshire, WD18 9SB.

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

2.3. 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:

Freehold	not depreciated
Plant & Machinery	20% on reducing balance
Fixtures & Fittings	15% on reducing balance

2.4. 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.

2.5. 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.

2.6. 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, including directors, during the year was: 13 (2025: 14)

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Schoenitz Dental Laboratory (Uk) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2025	630,000	808,307	146,753	1,585,060
Additions	-	5,820	-	5,820

As at 31 March 2026	630,000	814,127	146,753	1,590,880

Depreciation
As at 1 April 2025	-	781,205	103,993	885,198
Provided during the period	-	5,711	6,414	12,125

As at 31 March 2026	-	786,916	110,407	897,323

Net Book Value
As at 31 March 2026	630,000	27,211	36,346	693,557

As at 1 April 2025	630,000	27,102	42,760	699,862

Cost or valuation as at 31 March 2026 represented by:

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
At cost	521,103	814,127	146,753	1,481,983
At valuation	108,897	-	-	108,897

	630,000	814,127	146,753	1,590,880

The Freehold property was valued in 2024.

5. Stocks

	2026	2025
	£	£
Stock	59,179	62,799

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Schoenitz Dental Laboratory (Uk) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	307,046	304,388
Prepayments and accrued income	15,254	16,377
Deferred tax current asset	22,068	23,644

	344,368	344,409
Due after more than one year
Amounts owed by associates	33,129	-

	377,497	344,409

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	27,897	11,035
Bank loans and overdrafts	30,233	30,617
Corporation tax	-	97
Other taxes and social security	14,146	14,500
Other creditors	536	742
Pension payable	2,018	4,892
Accruals and deferred income	21,408	17,839
Director's loan account	15	49

	96,253	79,771

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	121,484	140,039

9. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2026	2025
	£	£
Not later than one year	6,575	24,634
Later than one year and not later than five years	1,085	15,776

	7,660	40,410

10. Related Party Transactions

The director's current account balances included within other creditors of £15 (2025- £49) have no fixed date for repayment, are repayable upon demand and are non-interest bearing.

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