Lorex Dent Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09764671 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 30 September 2018

for

Lorex Dent Ltd

Page

Company Information

1

Report of the Director

2

Statement of Financial Position

3

Notes to the Financial Statements

4

DIRECTOR:

Mr Alexandru Gabriel Antoniu

REGISTERED OFFICE:

Elan & Co LLP

Unit 3 Cedar Court

1 Royal Oak Yard

London

SE1 3GA

REGISTERED NUMBER:

09764671 (England and Wales)

ACCOUNTANTS:

Elan & Co LLP

Unit 3 Cedar Court

1 Royal Oak Yard

London

SE1 3GA

BANKERS:

Santander UK plc

2 Golden Hill lane

Leyland

Preston

Lancashire

PR5 2NP

The director presents his report with the financial statements of the company for the year ended 30 September 2018.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of dental surgeons.

DIRECTOR

Mr Alexandru Gabriel Antoniu held office during the whole of the period from 1 October 2017 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

Mr Alexandru Gabriel Antoniu - Director

15 April 2019

FIXED ASSETS

Tangible Assets

4

5,279

6,687

CURRENT ASSETS

Debtors

5

11,448

26,798

Cash at bank and in hand

1,819

241

13,267

27,039

CREDITORS

Amounts falling due within one year

6

16,516

33,033

NET CURRENT LIABILITIES

(3,249

)

(5,994

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,030

693

CAPITAL AND RESERVES

Called up share capital

100

100

Profit and loss account

1,930

593

SHAREHOLDERS' FUNDS

2,030

693

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 15 April 2019 and were signed by:

Mr Alexandru Gabriel Antoniu - Director

1.	STATUTORY INFORMATION

Lorex Dent Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparation

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Books & manuals

-

15% on reducing balance

Surgery equipment

-

25% on reducing balance

Office equipment

-

33% on cost

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 1 (2017 - 1 ) .

4.	TANGIBLE ASSETS

Books &

Surgery

Office

manuals

equipment

equipment

Totals

£

£

£

£

COST

At 1 October 2017

136

6,871

3,200

10,207

Additions

-

1,267

-

1,267

At 30 September 2018

136

8,138

3,200

11,474

DEPRECIATION

At 1 October 2017

38

1,718

1,764

3,520

Charge for year

14

1,605

1,056

2,675

At 30 September 2018

52

3,323

2,820

6,195

NET BOOK VALUE

At 30 September 2018

84

4,815

380

5,279

At 30 September 2017

98

5,153

1,436

6,687

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

8,857

8,897

Directors' current accounts

2,456

17,901

Prepayments

135

-

11,448

26,798

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other loans

-

3,318

Tax

14,920

27,171

Accrued expenses

1,596

2,544

16,516

33,033

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2018 and

30 September 2017:

2018

2017

£

£

Mr Alexandru Gabriel Antoniu

Balance outstanding at start of year

(17,901

)

1,094

Amounts advanced

131,772

83,924

Amounts repaid

(111,415

)

(102,919

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,456

(17,901

)

8.	RELATED PARTY DISCLOSURES

The company was under the control of Mr Alexandru Antoniu throughout the current and prior year. Mr Antoniu

is the managing director and majority shareholder.