Company Registration No. NI657478 (Northern Ireland)
OBO DENTAL CARE LIMITED
Unaudited accounts
for the period from 29 November 2018 to 30 November 2019
OBO DENTAL CARE LIMITED
Unaudited accounts
Contents
OBO DENTAL CARE LIMITED
Company Information
for the period from 29 November 2018 to 30 November 2019
Directors
GARDINER, Christopher
GARDINER, Jemma
Company Number
NI657478 (Northern Ireland)
Registered Office
UNIT 2 CHANNEL WHARF
21 OLD CHANNEL ROAD
BELFAST
CO. ANTRIM
BT3 9DE
NORTHERN IRELAND
Accountants
PGR Chartered Accountants
Unit 2 Channel Wharf
21 Old Channel Road
Belfast
Antrim
BT3 9DE
OBO DENTAL CARE LIMITED
Statement of financial position
as at
30 November 2019
Cash at bank and in hand
84,161
Creditors: amounts falling due within one year
(96,639)
Total assets less current liabilities
70,629
Creditors: amounts falling due after more than one year
(35,516)
Called up share capital
1
Revaluation reserve
30,015
Profit and loss account
5,097
Shareholders' funds
35,113
For the period ending 30 November 2019 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.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 November 2020 and were signed on its behalf by
GARDINER, Jemma
Director
Company Registration No. NI657478
OBO DENTAL CARE LIMITED
Notes to the Accounts
for the period from 29 November 2018 to 30 November 2019
OBO DENTAL CARE LIMITED is a private company, limited by shares, registered in Northern Ireland, registration number NI657478. The registered office is UNIT 2 CHANNEL WHARF, 21 OLD CHANNEL ROAD, BELFAST, CO. ANTRIM, BT3 9DE, NORTHERN IRELAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight Line
Fixtures & fittings
20% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
OBO DENTAL CARE LIMITED
Notes to the Accounts
for the period from 29 November 2018 to 30 November 2019
4
Intangible fixed assets
Total
At 30 November 2019
44,738
Charge for the period
4,474
At 30 November 2019
4,474
At 30 November 2019
40,264
5
Tangible fixed assets
Total
At 30 November 2019
27,901
Charge for the period
558
At 30 November 2019
27,343
6
Transactions with related parties
Included in other creditors are amounts owed to other related parties of £ 107,961 and includes amounts due to entities over which the entity has control of £30,000.
Loans from directors of £1,133 are unsecured and interest free.
All amounts are interest free and repayable on demand.
7
Post balance sheet events
There has been no significant events affecting the company since the year end.
8
Average number of employees
During the period the average number of employees was 4.