Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30false1falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-11-08truefalseDental Practice 14469779 2022-11-07 14469779 2022-11-08 2023-11-30 14469779 2021-12-01 2022-11-07 14469779 2023-11-30 14469779 c:Director1 2022-11-08 2023-11-30 14469779 d:CurrentFinancialInstruments 2023-11-30 14469779 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 14469779 d:ShareCapital 2023-11-30 14469779 d:RetainedEarningsAccumulatedLosses 2023-11-30 14469779 c:FRS102 2022-11-08 2023-11-30 14469779 c:AuditExemptWithAccountantsReport 2022-11-08 2023-11-30 14469779 c:FullAccounts 2022-11-08 2023-11-30 14469779 c:PrivateLimitedCompanyLtd 2022-11-08 2023-11-30 14469779 e:PoundSterling 2022-11-08 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 14469779










LIBERTY SMILES LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 NOVEMBER 2023

 
LIBERTY SMILES LTD
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OFLIBERTY SMILES LTD
FOR THE PERIOD ENDED 30 NOVEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Liberty Smiles Ltd for the period ended 30 November 2023 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given to us.
 

This report is made solely to the director of Liberty Smiles Ltd in accordance with the terms of our agreement. Our work has been undertaken solely to prepare for your approval the financial statements of Liberty Smiles Ltd and state those matters that we have agreed to state to her in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Liberty Smiles Ltd and its  director for our work or for this report.
 
 
It is your duty to ensure that Liberty Smiles Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the Company's assets, liabilities, financial position and profit. You consider that Liberty Smiles Ltd is exempt from the statutory audit requirement for the period.
 
 
We have not been instructed to carry out an audit or review of the financial statements of Liberty Smiles Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.







Shipleys Tax Planning Ltd
 

27 August 2024
Page 1

 
LIBERTY SMILES LTD
REGISTERED NUMBER: 14469779

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
2,000

Cash at bank and in hand
 5 
32,279

  
34,279

Creditors: amounts falling due within one year
 6 
(15,488)

Net current assets
  
 
 
18,791

Total assets less current liabilities
  
18,791

  

Net assets
  
18,791


Capital and reserves
  

Called up share capital 
  
2

Profit and loss account
  
18,789

  
18,791


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 August 2024.






Aqsa Sajad
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
LIBERTY SMILES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

1.


General information

Liberty Smiles Ltd is a company domiciled in England & Wales, registration number 14469779. The registered office is The Lodge, Beven Grove, Wakefield, WF1 4SR.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 3

 
LIBERTY SMILES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
LIBERTY SMILES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

3.


Employees

period
30 November
2023
£

Wages and salaries
6,360

6,360


The average monthly number of employees, including directors, during the period was 1.


4.


Debtors

2023
£


Trade debtors
2,000

2,000



5.


Cash and cash equivalents

2023
£

Cash at bank and in hand
32,279

32,279



6.


Creditors: Amounts falling due within one year

2023
£

Corporation tax
5,345

Other creditors
10,143

15,488



7.


Related party transactions

During the period the director loaned the company £10,143. At the balance sheet date other creditors included £10,143 as amounts owed to the director. 

Page 5

 
LIBERTY SMILES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

8.


Controlling party

The company is controlled by the director Aqsa Sajad.


Page 6