Company No: 12384559 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	189,085		216,041
		189,085		216,041
Current assets
Stocks		10,000		10,000
Debtors	4	8,284		0
Cash at bank and in hand		27,479		68,892
		45,763		78,892
Creditors: amounts falling due within one year	5	( 143,137)		( 199,769)
Net current liabilities		(97,374)		(120,877)
Total assets less current liabilities		91,711		95,164
Creditors: amounts falling due after more than one year	6	( 206,772)		( 238,414)
Net liabilities		( 115,061)		( 143,250)
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		( 115,161 )		( 143,350 )
Total shareholders' deficit		( 115,061)		( 143,250)

For the financial 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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Sho Dental Group Limited (registered number: 12384559) were approved and authorised for issue by the Board of Directors on 24 September 2026. They were signed on its behalf by:

Simon Chi Hong Ho Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Sho Dental Group Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Eastgate Dental & Cosmetic Centre Bristol Level 1, Eastgate Oriental City, Eastgate Road, Bristol, BS5 6XX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £115,061. The Company is supported through loans from the directors. The directors have confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the directors will continue to support the Company. Given the current position, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line/reducing balance basis over its expected useful life, as follows:

Leasehold improvements	13.17 years straight line
Plant and machinery	25 % reducing balance
Office equipment	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	6		5

3. Tangible assets

	Leasehold improve- ments		Plant and machinery		Office equipment		Total
	£		£		£		£
Cost
At 01 April 2025	0		365,423		6,712		372,135
Additions	28,926		0		0		28,926
At 31 March 2026	28,926		365,423		6,712		401,061
Accumulated depreciation
At 01 April 2025	0		153,857		2,237		156,094
Charge for the financial year	1,648		52,892		1,342		55,882
At 31 March 2026	1,648		206,749		3,579		211,976
Net book value
At 31 March 2026	27,278		158,674		3,133		189,085
At 31 March 2025	0		211,566		4,475		216,041

4. Debtors

	2026		2025
	£		£
Amounts owed by associates	8,284		0

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans (secured)	4,203		1,529
Trade creditors	4,052		9,742
Amounts owed to directors	84,807		139,808
Accruals	5,388		5,160
Obligations under finance leases and hire purchase contracts (secured)	24,687		23,530
Other creditors	20,000		20,000
	143,137		199,769

Hire purchase liabilities are secured on the asset being purchased through the hire purchase contract.
Bank loans are secured by way of a fixed and floating charge and contains a negative pledge over the assets, property and undertakings held by the company.

6. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans (secured)	156,601		163,208
Obligations under finance leases and hire purchase contracts (secured)	50,171		75,206
	206,772		238,414

The bank loan is secured by fixed and floating charges over the assets of the company.

The hire purchase liabilities are secured by the assets to which they relate.

7. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2026		2025
	£		£
Within one year	11,040		11,040
Between one and five years	44,160		44,160
After five years	80,960		92,000
	136,160		147,200

9. Related party transactions

Transactions with the entity's directors

	2026		2025
	£		£
Amounts owed to directors'	84,807		139,808

The amounts owed to directors' is interest free and repayable on demand.