REGISTERED NUMBER: SC522191 (Scotland)

Unaudited Financial Statements

for the Period 1 July 2024 to 9 October 2025

for

Lothians Dental Group Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr A A Wright

SECRETARY:

Dr A A Wright

REGISTERED OFFICE:

Read & Watters Dental Practice

43/6 Market Street

Haddington

East Lothian

EH41 3JE

REGISTERED NUMBER:

SC522191 (Scotland)

ACCOUNTANTS:

Dental Accountants Scotland Ltd

Specialist Dental Accountants & Advisors

Cornerstone House

Station Road

Selkirk

Borders

TD7 5DJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

105,461

338,379

105,461

338,379

CURRENT ASSETS

Stocks

3,000

300

Debtors

6

1,208,595

650,616

Cash at bank and in hand

200,524

547,855

1,412,119

1,198,771

CREDITORS

Amounts falling due within one year

7

121,345

87,447

NET CURRENT ASSETS

1,290,774

1,111,324

TOTAL ASSETS LESS CURRENT LIABILITIES

1,396,235

1,449,703

CREDITORS

Amounts falling due after more than one year

8

35,738

155,729

NET ASSETS

1,360,497

1,293,974

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,360,397

1,293,874

1,360,497

1,293,974

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 9 October 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 9 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 6 October 2026 and were signed by:

Dr A A Wright - Director

1.	STATUTORY INFORMATION

Lothians Dental Group 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.

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.

Freehold property

-

10% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

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 period 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 period 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.

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 period was 8 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2024

and 9 October 2025

286,500

AMORTISATION

At 1 July 2024

and 9 October 2025

286,500

NET BOOK VALUE

At 9 October 2025

-

At 30 June 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 July 2024

394,610

176,192

88,521

30,746

690,069

Additions

4,446

29,191

37,335

-

70,972

Disposals

(399,056

)

-

-

-

(399,056

)

At 9 October 2025

-

205,383

125,856

30,746

361,985

DEPRECIATION

At 1 July 2024

154,252

131,361

42,397

23,680

351,690

Charge for period

-

23,315

28,808

6,963

59,086

Eliminated on disposal

(154,252

)

-

-

-

(154,252

)

At 9 October 2025

-

154,676

71,205

30,643

256,524

NET BOOK VALUE

At 9 October 2025

-

50,707

54,651

103

105,461

At 30 June 2024

240,358

44,831

46,124

7,066

338,379

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

9.10.25

30.6.24

£

£

Trade debtors

37,174

36,873

Other debtors

1,171,421

613,743

1,208,595

650,616

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

9.10.25

30.6.24

£

£

Bank loans and overdrafts

8,340

16,139

Taxation and social security

71,253

49,308

Other creditors

41,752

22,000

121,345

87,447

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

9.10.25

30.6.24

£

£

Bank loans

35,738

155,729

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,378

90,332

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 9 October 2025 and the year ended 30 June 2024:

9.10.25

30.6.24

£

£

Dr A A Wright

Balance outstanding at start of period

613,744

646,085

Amounts advanced

1,202,011

258,167

Amounts repaid

(1,581,386

)

(290,508

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

234,369

613,744

The company advanced the director monies during the year. At the year end the director was due the company £234,369. Interest has been charged at an average rate of 2.25% per annum. The loan was repaid after the year end.