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Registered number: 06538346
Cheltenham Orthodontics Limited
Unaudited Financial Statements
For The Year Ended 30 September 2025
Sheppards Chartered Accountants
Suite 2.2 My Buro
20 Market Street
Altrincham
Cheshire
WA14 1PF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06538346
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 56,285 66,462
56,285 66,462
CURRENT ASSETS
Stocks 6 7,000 7,000
Debtors 7 4,031,124 3,309,567
Cash at bank and in hand 234 234
4,038,358 3,316,801
Creditors: Amounts Falling Due Within One Year 8 (1,863,499 ) (1,338,970 )
NET CURRENT ASSETS (LIABILITIES) 2,174,859 1,977,831
TOTAL ASSETS LESS CURRENT LIABILITIES 2,231,144 2,044,293
Creditors: Amounts Falling Due After More Than One Year 9 (90,611 ) (154,206 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (12,006 ) (14,321 )
NET ASSETS 2,128,527 1,875,766
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 2,128,427 1,875,666
SHAREHOLDERS' FUNDS 2,128,527 1,875,766
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For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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
Dr S Hadj-Bagheri
Director
17th September 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cheltenham Orthodontics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06538346 . The registered office is Suite 2.2 My Buro, 20 Market Street, Altrincham, Cheshire, WA14 1PF.
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. Going Concern Disclosure
The company is facing a material uncertainty relating to working capital.  The directors are confident of arranging funding to enable the company to continue as a going concern and, therefore, believe that it is appropriate to continue to adopt the going concern basis of accounting.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.
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.
2.5. 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 10% straight line
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 33% straight line
2.6. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.
2.7. Taxation
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.
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2.8. 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 (2024: 11)
13 11
4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2024 390,000
As at 30 September 2025 390,000
Amortisation
As at 1 October 2024 390,000
As at 30 September 2025 390,000
Net Book Value
As at 30 September 2025 -
As at 1 October 2024 -
5. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 October 2024 290,839
As at 30 September 2025 290,839
Depreciation
As at 1 October 2024 224,377
Provided during the period 10,177
As at 30 September 2025 234,554
Net Book Value
As at 30 September 2025 56,285
As at 1 October 2024 66,462
6. Stocks
2025 2024
£ £
Stock 7,000 7,000
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7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 127,566 110,249
Amounts owed by group undertakings 376,187 419,153
Other debtors 3,527,371 2,780,165
4,031,124 3,309,567
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 59,492 26,682
Bank loans and overdrafts 467,285 285,214
Amounts owed to group undertakings 680,009 496,000
Other creditors 156,595 216,249
Taxation and social security 500,118 314,825
1,863,499 1,338,970
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 90,611 154,206
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2024 Amounts advanced Amounts repaid Amounts written off As at 30 September 2025
£ £ £ £ £
Dr Siamack Hadj-Bagheri 2,325,027 698,562 - - 3,023,589
The above loan is unsecured and repayable on demand.
12. Ultimate Controlling Party
The company is a wholly owned subsidiary of The Orthodontist Limited, a company incorporated in England and Wales.
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