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REGISTERED NUMBER: 08708402 (England and Wales)











Unaudited Financial Statements for the Year Ended 28 February 2023

for

One Smile Oral Care Ltd

One Smile Oral Care Ltd (Registered number: 08708402)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


One Smile Oral Care Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Mr Seyed B Mortazavi





REGISTERED OFFICE: ASM House
103A Keymer Road
Hassocks
West Sussex
BN6 8QL





REGISTERED NUMBER: 08708402 (England and Wales)

One Smile Oral Care Ltd (Registered number: 08708402)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 193,264 212,939

CURRENT ASSETS
Debtors 5 461,217 466,970
Cash at bank 12,006 19,678
473,223 486,648
CREDITORS
Amounts falling due within one year 6 91,790 157,110
NET CURRENT ASSETS 381,433 329,538
TOTAL ASSETS LESS CURRENT
LIABILITIES

574,697

542,477

CREDITORS
Amounts falling due after more than one year 7 436,862 457,728
NET ASSETS 137,835 84,749

CAPITAL AND RESERVES
Called up share capital 2 2
Other reserves 9 120,000 120,000
Retained earnings 9 17,833 (35,253 )
SHAREHOLDERS' FUNDS 137,835 84,749

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

One Smile Oral Care Ltd (Registered number: 08708402)

Balance Sheet - continued
28 February 2023


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 20 November 2023 and were signed by:





Mr Seyed B Mortazavi - Director


One Smile Oral Care Ltd (Registered number: 08708402)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

One Smile Oral Care 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 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 20% on reducing balance

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.

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 5 (2022 - 5 ) .

One Smile Oral Care Ltd (Registered number: 08708402)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022
and 28 February 2023 562,780
DEPRECIATION
At 1 March 2022 349,841
Charge for year 19,675
At 28 February 2023 369,516
NET BOOK VALUE
At 28 February 2023 193,264
At 28 February 2022 212,939

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors 461,217 466,970

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 15,399 14,963
Taxation and social security 17,068 11,238
Other creditors 59,323 130,909
91,790 157,110

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 419,403 439,406
Hire purchase contracts 17,459 18,322
436,862 457,728

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 409,013 423,536

One Smile Oral Care Ltd (Registered number: 08708402)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

28.2.23 28.2.22
£    £   
Bank loans 419,403 439,406

9. RESERVES
Retained Other
earnings reserves Totals
£    £    £   

At 1 March 2022 (35,253 ) 120,000 84,747
Profit for the year 53,086 53,086
At 28 February 2023 17,833 120,000 137,833