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REGISTERED NUMBER: 06408338 (England and Wales)














FINANCIAL STATEMENTS

FOR THE PERIOD

1ST JANUARY 2022 TO 31ST MARCH 2023

FOR

CAMBRIDGE SMILE STUDIO LIMITED

CAMBRIDGE SMILE STUDIO LIMITED (REGISTERED NUMBER: 06408338)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST JANUARY 2022 TO 31ST MARCH 2023




Page

Abridged Statement of Financial Position 1

Notes to the Financial Statements 3


CAMBRIDGE SMILE STUDIO LIMITED (REGISTERED NUMBER: 06408338)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31ST MARCH 2023

2023 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 93,429 186,857
Tangible assets 5 56,421 35,470
Investments 6 - 61,520
149,850 283,847

CURRENT ASSETS
Stocks - 5,000
Debtors 2,553,962 1,070,906
Cash at bank and in hand 60,173 26,362
2,614,135 1,102,268
CREDITORS
Amounts falling due within one year 384,127 555,764
NET CURRENT ASSETS 2,230,008 546,504
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,379,858

830,351

CREDITORS
Amounts falling due after more than one
year

7

(1,985,855

)

(44,019

)

PROVISIONS FOR LIABILITIES - (6,330 )
NET ASSETS 394,003 780,002

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 393,903 779,902
394,003 780,002

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

CAMBRIDGE SMILE STUDIO LIMITED (REGISTERED NUMBER: 06408338)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31ST MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the period ended 31st March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22nd December 2023 and were signed on its behalf by:





D Shah - Director


CAMBRIDGE SMILE STUDIO LIMITED (REGISTERED NUMBER: 06408338)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST JANUARY 2022 TO 31ST MARCH 2023

1. STATUTORY INFORMATION

Cambridge Smile Studio Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06408338

Registered office: 44 High Street
Ashwell
Hertfordshire
SG7 5NR

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents NHS and private dental income.

Goodwill
Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

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.
Plant and machinery etc - 25% 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 statement of financial position date.


CAMBRIDGE SMILE STUDIO LIMITED (REGISTERED NUMBER: 06408338)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST JANUARY 2022 TO 31ST MARCH 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Investments
Other investments are held at cost less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2021 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st January 2022
and 31st March 2023 929,568
AMORTISATION
At 1st January 2022 742,711
Amortisation for period 93,428
At 31st March 2023 836,139
NET BOOK VALUE

At 31st March 2023 93,429
At 31st December 2021 186,857

CAMBRIDGE SMILE STUDIO LIMITED (REGISTERED NUMBER: 06408338)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST JANUARY 2022 TO 31ST MARCH 2023

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st January 2022 239,040
Additions 72,134
At 31st March 2023 311,174
DEPRECIATION
At 1st January 2022 203,570
Charge for period 51,183
At 31st March 2023 254,753
NET BOOK VALUE
At 31st March 2023 56,421
At 31st December 2021 35,470

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1st January 2022 61,520
Disposals (61,520 )
At 31st March 2023 -
NET BOOK VALUE
At 31st March 2023 -
At 31st December 2021 61,520

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2023 2021
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 1,985,855 -