IRIS Accounts Production v23.3.1.45 10608156 Board of Directors Board of Directors 1.10.22 30.9.23 30.9.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106081562022-09-30106081562023-09-30106081562022-10-012023-09-30106081562021-09-30106081562021-10-012022-09-30106081562022-09-3010608156ns10:Originalns15:EnglandWales2022-10-012023-09-3010608156ns14:PoundSterlingns10:Original2022-10-012023-09-3010608156ns10:Originalns10:Director12022-10-012023-09-3010608156ns10:Original2022-10-012023-09-3010608156ns10:Originalns10:Director22022-10-012023-09-3010608156ns10:Original2023-09-3010608156ns10:Originalns10:PrivateLimitedCompanyLtd2022-10-012023-09-3010608156ns10:Originalns10:SmallEntities2022-10-012023-09-3010608156ns10:Originalns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3010608156ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3010608156ns10:SmallCompaniesRegimeForAccountsns10:Original2022-10-012023-09-3010608156ns10:Originalns10:FullAccounts2022-10-012023-09-3010608156ns10:Original12022-10-012023-09-3010608156ns10:Originalns10:RegisteredOffice2022-10-012023-09-3010608156ns10:Original2022-09-3010608156ns10:Originalns5:CurrentFinancialInstruments2023-09-3010608156ns10:Originalns5:CurrentFinancialInstruments2022-09-3010608156ns10:Originalns5:Non-currentFinancialInstruments2023-09-3010608156ns10:Originalns5:Non-currentFinancialInstruments2022-09-3010608156ns5:ShareCapitalns10:Original2023-09-3010608156ns5:ShareCapitalns10:Original2022-09-3010608156ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-09-3010608156ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-09-3010608156ns10:Originalns5:NetGoodwill2022-10-012023-09-3010608156ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-10-012023-09-3010608156ns10:Originalns5:LandBuildings2022-10-012023-09-3010608156ns10:Originalns5:PlantMachinery2022-10-012023-09-3010608156ns10:Original2021-10-012022-09-3010608156ns10:Originalns5:NetGoodwill2022-09-3010608156ns10:Originalns5:NetGoodwill2023-09-3010608156ns10:Originalns5:NetGoodwill2022-09-3010608156ns10:Originalns5:LandBuildings2022-09-3010608156ns10:Originalns5:PlantMachinery2022-09-3010608156ns10:Original2022-09-3010608156ns10:Originalns5:LandBuildings2023-09-3010608156ns10:Originalns5:PlantMachinery2023-09-3010608156ns10:Originalns5:LandBuildings2022-09-3010608156ns10:Originalns5:PlantMachinery2022-09-3010608156ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3010608156ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-30
REGISTERED NUMBER: 10608156 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

SMILE AESTHETICS LTD

SMILE AESTHETICS LTD (REGISTERED NUMBER: 10608156)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SMILE AESTHETICS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: Ms Z Al-Mukhtar
A Hussain





REGISTERED OFFICE: 34 King Henry Mews
Byron Hill Road
Harrow
Middlesex
HA2 0JF





REGISTERED NUMBER: 10608156 (England and Wales)





ACCOUNTANTS: Arithma Accountants Limited
2nd Floor
15 - 19 Cavendish Place
London
W1G 0DD

SMILE AESTHETICS LTD (REGISTERED NUMBER: 10608156)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 109,498 131,398
Tangible assets 5 721,714 726,853
831,212 858,251

CURRENT ASSETS
Debtors 6 15,617 15,829
Cash at bank and in hand 331,035 367,964
346,652 383,793
CREDITORS
Amounts falling due within one year 7 126,690 207,159
NET CURRENT ASSETS 219,962 176,634
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,051,174

1,034,885

CREDITORS
Amounts falling due after more than one
year

8

758,530

798,697
NET ASSETS 292,644 236,188

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 292,544 236,088
SHAREHOLDERS' FUNDS 292,644 236,188

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

SMILE AESTHETICS LTD (REGISTERED NUMBER: 10608156)

BALANCE SHEET - continued
30 SEPTEMBER 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 Board of Directors and authorised for issue on 14 February 2024 and were signed on its behalf by:




A Hussain - Director



Ms Z Al-Mukhtar - Director


SMILE AESTHETICS LTD (REGISTERED NUMBER: 10608156)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

Smile Aesthetics 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.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten 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.
Land and buildings - 2% on cost
Plant and machinery etc - 20% on cost

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.

SMILE AESTHETICS LTD (REGISTERED NUMBER: 10608156)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


2. ACCOUNTING POLICIES - continued

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 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 30 September 2023 218,997
AMORTISATION
At 1 October 2022 87,599
Charge for year 21,900
At 30 September 2023 109,499
NET BOOK VALUE
At 30 September 2023 109,498
At 30 September 2022 131,398

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2022 652,244 156,622 808,866
Additions - 41,710 41,710
At 30 September 2023 652,244 198,332 850,576
DEPRECIATION
At 1 October 2022 35,540 46,473 82,013
Charge for year 8,884 37,965 46,849
At 30 September 2023 44,424 84,438 128,862
NET BOOK VALUE
At 30 September 2023 607,820 113,894 721,714
At 30 September 2022 616,704 110,149 726,853

SMILE AESTHETICS LTD (REGISTERED NUMBER: 10608156)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 13,330 5,863
Other debtors 2,287 9,966
15,617 15,829

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 30,115 21,306
Taxation and social security 27,642 34,787
Other creditors 68,933 151,066
126,690 207,159

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Trade creditors 113,407 69,500
Other creditors 645,123 729,197
758,530 798,697