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REGISTERED NUMBER: 07722536 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Simply Smile (UK) Limited

Simply Smile (UK) Limited (Registered number: 07722536)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Simply Smile (UK) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: P K Malde





REGISTERED OFFICE: Unit 18
The Metro Centre
Britannia Way
Park Royal
London
NW10 7PA





REGISTERED NUMBER: 07722536 (England and Wales)





ACCOUNTANTS: Philip T. Chave & Co
Belfry House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

Simply Smile (UK) Limited (Registered number: 07722536)

Abridged Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 302 303

CURRENT ASSETS
Debtors 2,264,336 2,297,018
Cash at bank and in hand 134,963 242,976
2,399,299 2,539,994
CREDITORS
Amounts falling due within one year 1,790,740 2,161,549
NET CURRENT ASSETS 608,559 378,445
TOTAL ASSETS LESS CURRENT
LIABILITIES

608,861

378,748

CREDITORS
Amounts falling due after more than one
year

5

1,326,000

1,263,962
NET LIABILITIES (717,139 ) (885,214 )

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings (717,140 ) (885,215 )
SHAREHOLDERS' FUNDS (717,139 ) (885,214 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 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 Balance Sheet for the year ended 31 March 2024 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.

Simply Smile (UK) Limited (Registered number: 07722536)

Abridged Balance Sheet - continued
31 March 2024



The financial statements were approved by the director and authorised for issue on 16 July 2024 and were signed by:





P K Malde - Director


Simply Smile (UK) Limited (Registered number: 07722536)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Simply Smile (UK) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

The company has net liabilities of £717,139 and is only able to continue trading on the basis of continued support by the director. On the basis of this continued support the director considers that it is appropriate to prepare the accounts on a going concern basis.

Preparation of consolidated financial statements
The financial statements contain information about Simply Smile (UK) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.

Simply Smile (UK) Limited (Registered number: 07722536)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 April 2023 303
Revaluations (1 )
At 31 March 2024 302
NET BOOK VALUE
At 31 March 2024 302
At 31 March 2023 303

Cost or valuation at 31 March 2024 is represented by:
Totals
£   
Valuation in 2024 (1 )
Cost 303
302

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
31.3.24 31.3.23
£    £   
Repayable by instalments
Bank loans more 5 yr by instal - 667,962

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
1 Ordinary £1 1 1