REGISTERED NUMBER: SC508186 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Margarita Monque Venturoli Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr M M Venturoli

REGISTERED OFFICE:

46 West Holmes Place

Broxburn

West Lothian

EH52 5NJ

REGISTERED NUMBER:

SC508186 (Scotland)

ACCOUNTANTS:

Dental Accountants Scotland Ltd

Specialist Dental Accountants & Advisors

Cornerstone House

Station Road

Selkirk

Borders

TD7 5DJ

FIXED ASSETS

Intangible assets

4

184,250

195,766

Tangible assets

5

499,645

40,939

683,895

236,705

CURRENT ASSETS

Stocks

4,079

3,885

Debtors

6

154,038

182,393

Cash at bank

15,955

13,043

174,072

199,321

CREDITORS

Amounts falling due within one year

7

133,357

100,622

NET CURRENT ASSETS

40,715

98,699

TOTAL ASSETS LESS CURRENT LIABILITIES

724,610

335,404

CREDITORS

Amounts falling due after more than one year

8

(650,345

)

(264,751

)

PROVISIONS FOR LIABILITIES

10

(23,089

)

(8,669

)

NET ASSETS

51,176

61,984

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

51,076

61,884

SHAREHOLDERS' FUNDS

51,176

61,984

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 her 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 10 September 2026 and were signed by:

Dr M M Venturoli - Director

1.	STATUTORY INFORMATION

Margarita Monque Venturoli 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 2022, 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

-

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 8 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

230,313

AMORTISATION

At 1 January 2025

34,547

Amortisation for year

11,516

At 31 December 2025

46,063

NET BOOK VALUE

At 31 December 2025

184,250

At 31 December 2024

195,766

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

COST

At 1 January 2025

-

65,632

6,206

71,838

Additions

402,155

82,460

-

484,615

At 31 December 2025

402,155

148,092

6,206

556,453

DEPRECIATION

At 1 January 2025

-

28,277

2,622

30,899

Charge for year

-

23,963

1,946

25,909

At 31 December 2025

-

52,240

4,568

56,808

NET BOOK VALUE

At 31 December 2025

402,155

95,852

1,638

499,645

At 31 December 2024

-

37,355

3,584

40,939

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

52,108

45,493

Directors' current accounts

101,232

136,279

Prepayments and accrued income

698

621

154,038

182,393

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts (see note 9)

26,479

27,032

Other loans (see note 9)

-

17,500

Hire purchase contracts

14,630

2,927

Trade creditors

43,843

-

Tax

39,158

45,041

Social security and other taxes

3,746

2,311

Pension payable

-

524

Accrued expenses

5,501

5,287

133,357

100,622

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans (see note 9)

630,062

258,410

Hire purchase contracts

20,283

6,341

650,345

264,751

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

538,862

-

9.

LOANS

An analysis of the maturity of loans is given below:

31.12.25

31.12.24

£

£

Amounts falling due within one year or on demand:

Bank loans

26,479

27,032

Other loans

-

17,500

26,479

44,532

Amounts falling due between one and two years:

Bank loans - 1-2 years

21,000

258,410

31.12.25

31.12.24

£

£

Amounts falling due between two and five years:

Bank loans - 2-5 years

70,200

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

538,862

-

10.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

£

Deferred tax

23,089

8,669

Deferred

tax

£

Balance at 1 January 2025

8,669

Provided during year

14,420

Balance at 31 December 2025

23,089

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

£1

100

100

12.	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:

31.12.25

31.12.24

£

£

Dr M M Venturoli

Balance outstanding at start of year

136,279

153,835

Amounts advanced

234,489

189,498

Amounts repaid

(269,536

)

(207,054

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

101,232

136,279

Interest has been charged at the average interest rate of 3.75% . The directors loan was repaid shortly after the year end.