REGISTERED NUMBER: SC388336 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

Paratian Co Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr D S Paratian

SECRETARY:

Mrs M C Veerasawmy-Paratian

REGISTERED OFFICE:

c/o Stockbridge Dental Practice

9 Dean Bank Lane

Edinburgh

EH3 5BS

REGISTERED NUMBER:

SC388336 (Scotland)

ACCOUNTANTS:

Dental Accountants Scotland Ltd

Specialist Dental Accountants & Advisors

Cornerstone House

Station Road

Selkirk

Borders

TD7 5DJ

FIXED ASSETS

Intangible assets

4

63,000

75,000

Tangible assets

5

196,658

162,727

259,658

237,727

CURRENT ASSETS

Stocks

16,200

9,750

Debtors

6

218,367

190,583

Cash at bank and in hand

1,566

689

236,133

201,022

CREDITORS

Amounts falling due within one year

7

228,996

203,374

NET CURRENT ASSETS/(LIABILITIES)

7,137

(2,352

)

TOTAL ASSETS LESS CURRENT LIABILITIES

266,795

235,375

CREDITORS

Amounts falling due after more than one year

8

(35,824

)

(29,032

)

PROVISIONS FOR LIABILITIES

10

(39,043

)

(29,652

)

NET ASSETS

191,928

176,691

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

191,828

176,591

SHAREHOLDERS' FUNDS

191,928

176,691

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 October 2026 and were signed by:

Dr D S Paratian - Director

1.	STATUTORY INFORMATION

Paratian Co 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 2012, 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.

Leasehold improvements

-

4% on cost

Integral features

-

10% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

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 10 (2025 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

240,000

AMORTISATION

At 1 February 2025

165,000

Amortisation for year

12,000

At 31 January 2026

177,000

NET BOOK VALUE

At 31 January 2026

63,000

At 31 January 2025

75,000

5.	TANGIBLE FIXED ASSETS

Leasehold

Integral

Plant and

improvements

features

machinery

£

£

£

COST

At 1 February 2025

83,371

33,847

418,527

Additions

-

-

20,891

At 31 January 2026

83,371

33,847

439,418

DEPRECIATION

At 1 February 2025

41,017

33,411

325,696

Charge for year

3,335

56

22,744

At 31 January 2026

44,352

33,467

348,440

NET BOOK VALUE

At 31 January 2026

39,019

380

90,978

At 31 January 2025

42,354

436

92,831

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 February 2025

51,342

65,659

652,746

Additions

672

55,074

76,637

At 31 January 2026

52,014

120,733

729,383

DEPRECIATION

At 1 February 2025

42,820

47,075

490,019

Charge for year

1,839

14,732

42,706

At 31 January 2026

44,659

61,807

532,725

NET BOOK VALUE

At 31 January 2026

7,355

58,926

196,658

At 31 January 2025

8,522

18,584

162,727

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

16,753

28,855

Directors' current accounts

201,614

161,728

218,367

190,583

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts (see note 9)

103,128

88,795

Hire purchase contracts

25,366

9,540

Trade creditors

4,196

8,605

Tax

57,732

63,723

Social security and other taxes

10,115

4,971

Pension payable

-

733

Accrued expenses

28,459

27,007

228,996

203,374

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans (see note 9)

5,833

20,007

Hire purchase contracts

29,991

9,025

35,824

29,032

9.

LOANS

An analysis of the maturity of loans is given below:

31.1.26

31.1.25

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

3,592

11,055

Bank loans

99,536

77,740

103,128

88,795

Amounts falling due between two and five years:

Bank loans - 2-5 years

5,833

20,007

10.	PROVISIONS FOR LIABILITIES

31.1.26

31.1.25

£

£

Deferred tax

39,043

29,652

Deferred

tax

£

Balance at 1 February 2025

29,652

Provided during year

9,391

Balance at 31 January 2026

39,043

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

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 January 2026 and 31 January 2025:

31.1.26

31.1.25

£

£

Dr D S Paratian

Balance outstanding at start of year

(161,729

)

(103,191

)

Amounts advanced

(240,293

)

186,804

Amounts repaid

200,408

(245,342

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(201,614

)

(161,729

)

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