Company Registration No. 9578972 (England and Wales)
MORE SMILES LTD.
Unaudited accounts
for the year ended 31 August 2023
MORE SMILES LTD.
Unaudited accounts
Contents
MORE SMILES LTD.
Company Information
for the year ended 31 August 2023
Company Number
9578972 (England and Wales)
Registered Office
Ashlow Orthodontic Practice Ashlands Ave
Hartshill
Stoke-On-Trent
Staffordshire
ST4 6BN
Accountants
Sigma Chartered Accountants
J O Hunter House
409 Bradford Road
Huddersfield
West Yorkshire
HD2 2RB
MORE SMILES LTD.
Statement of financial position
as at 31 August 2023
Called up share capital not paid
10
10
Tangible assets
11,375
22,750
Cash at bank and in hand
35
224
Creditors: amounts falling due within one year
(104,426)
(88,612)
Net current assets
54,687
70,690
Total assets less current liabilities
66,072
93,450
Provisions for liabilities
Deferred tax
(2,161)
(5,412)
Called up share capital
10
10
Profit and loss account
63,901
88,028
Shareholders' funds
63,911
88,038
For the year ending 31 August 2023 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 director acknowledges his 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 year 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 and authorised for issue on 9 October 2023 and were signed on its behalf by
Dr Omar Yaqoob
Director
Company Registration No. 9578972
MORE SMILES LTD.
Notes to the Accounts
for the year ended 31 August 2023
MORE SMILES LTD. is a private company, limited by shares, registered in England and Wales, registration number 9578972. The registered office is Ashlow Orthodontic Practice Ashlands Ave, Hartshill, Stoke-On-Trent, Staffordshire, ST4 6BN.
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 remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery
25% on cost
Fixtures & fittings
33% on cost
Deferred tax is recognized 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 recognized 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 recognized 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.
MORE SMILES LTD.
Notes to the Accounts
for the year ended 31 August 2023
4
Tangible fixed assets
Total
At 1 September 2022
55,125
At 1 September 2022
32,375
Charge for the year
11,375
5
Average number of employees
During the year the average number of employees was 0 (2022: 0).