2023-03-012024-02-292024-02-29false09437747SMILE KENT LTD2024-12-04iso4217:GBPxbrli:pure094377472023-03-01094377472024-02-29094377472023-03-012024-02-29094377472022-03-01094377472023-02-28094377472022-03-012023-02-2809437747bus:SmallEntities2023-03-012024-02-2909437747bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2909437747bus:FullAccounts2023-03-012024-02-2909437747bus:PrivateLimitedCompanyLtd2023-03-012024-02-2909437747core:WithinOneYear2024-02-2909437747core:AfterOneYear2024-02-2909437747core:WithinOneYear2023-02-2809437747core:AfterOneYear2023-02-2809437747core:ShareCapital2024-02-2909437747core:SharePremium2024-02-2909437747core:RevaluationReserve2024-02-2909437747core:OtherReservesSubtotal2024-02-2909437747core:RetainedEarningsAccumulatedLosses2024-02-2909437747core:ShareCapital2023-02-2809437747core:SharePremium2023-02-2809437747core:RevaluationReserve2023-02-2809437747core:OtherReservesSubtotal2023-02-2809437747core:RetainedEarningsAccumulatedLosses2023-02-2809437747core:LandBuildings2024-02-2909437747core:PlantMachinery2024-02-2909437747core:Vehicles2024-02-2909437747core:FurnitureFittings2024-02-2909437747core:OfficeEquipment2024-02-2909437747core:NetGoodwill2024-02-2909437747core:IntangibleAssetsOtherThanGoodwill2024-02-2909437747core:ListedExchangeTraded2024-02-2909437747core:UnlistedNon-exchangeTraded2024-02-2909437747core:LandBuildings2023-02-2809437747core:PlantMachinery2023-02-2809437747core:Vehicles2023-02-2809437747core:FurnitureFittings2023-02-2809437747core:OfficeEquipment2023-02-2809437747core:NetGoodwill2023-02-2809437747core:IntangibleAssetsOtherThanGoodwill2023-02-2809437747core:ListedExchangeTraded2023-02-2809437747core:UnlistedNon-exchangeTraded2023-02-2809437747core:LandBuildings2023-03-012024-02-2909437747core:PlantMachinery2023-03-012024-02-2909437747core:Vehicles2023-03-012024-02-2909437747core:FurnitureFittings2023-03-012024-02-2909437747core:OfficeEquipment2023-03-012024-02-2909437747core:NetGoodwill2023-03-012024-02-2909437747core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2909437747core:ListedExchangeTraded2023-03-012024-02-2909437747core:UnlistedNon-exchangeTraded2023-03-012024-02-2909437747core:MoreThanFiveYears2023-03-012024-02-2909437747core:Non-currentFinancialInstruments2024-02-2909437747core:Non-currentFinancialInstruments2023-02-2809437747dpl:CostSales2023-03-012024-02-2909437747dpl:DistributionCosts2023-03-012024-02-2909437747core:LandBuildings2023-03-012024-02-2909437747core:PlantMachinery2023-03-012024-02-2909437747core:Vehicles2023-03-012024-02-2909437747core:FurnitureFittings2023-03-012024-02-2909437747core:OfficeEquipment2023-03-012024-02-2909437747dpl:AdministrativeExpenses2023-03-012024-02-2909437747core:NetGoodwill2023-03-012024-02-2909437747core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2909437747dpl:GroupUndertakings2023-03-012024-02-2909437747dpl:ParticipatingInterests2023-03-012024-02-2909437747dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2909437747core:ListedExchangeTraded2023-03-012024-02-2909437747dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2909437747core:UnlistedNon-exchangeTraded2023-03-012024-02-2909437747dpl:CostSales2022-03-012023-02-2809437747dpl:DistributionCosts2022-03-012023-02-2809437747core:LandBuildings2022-03-012023-02-2809437747core:PlantMachinery2022-03-012023-02-2809437747core:Vehicles2022-03-012023-02-2809437747core:FurnitureFittings2022-03-012023-02-2809437747core:OfficeEquipment2022-03-012023-02-2809437747dpl:AdministrativeExpenses2022-03-012023-02-2809437747core:NetGoodwill2022-03-012023-02-2809437747core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2809437747dpl:GroupUndertakings2022-03-012023-02-2809437747dpl:ParticipatingInterests2022-03-012023-02-2809437747dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2809437747core:ListedExchangeTraded2022-03-012023-02-2809437747dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2809437747core:UnlistedNon-exchangeTraded2022-03-012023-02-2809437747core:NetGoodwill2024-02-2909437747core:IntangibleAssetsOtherThanGoodwill2024-02-2909437747core:LandBuildings2024-02-2909437747core:PlantMachinery2024-02-2909437747core:Vehicles2024-02-2909437747core:FurnitureFittings2024-02-2909437747core:OfficeEquipment2024-02-2909437747core:AfterOneYear2024-02-2909437747core:WithinOneYear2024-02-2909437747core:ListedExchangeTraded2024-02-2909437747core:UnlistedNon-exchangeTraded2024-02-2909437747core:ShareCapital2024-02-2909437747core:SharePremium2024-02-2909437747core:RevaluationReserve2024-02-2909437747core:OtherReservesSubtotal2024-02-2909437747core:RetainedEarningsAccumulatedLosses2024-02-2909437747core:NetGoodwill2023-02-2809437747core:IntangibleAssetsOtherThanGoodwill2023-02-2809437747core:LandBuildings2023-02-2809437747core:PlantMachinery2023-02-2809437747core:Vehicles2023-02-2809437747core:FurnitureFittings2023-02-2809437747core:OfficeEquipment2023-02-2809437747core:AfterOneYear2023-02-2809437747core:WithinOneYear2023-02-2809437747core:ListedExchange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SMILE KENT LTD

Registered Number
09437747
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

SMILE KENT LTD
Company Information
for the year from 1 March 2023 to 29 February 2024

Director

Ms Caroline Anne Short

Company Secretary

Mr Mary Short

Registered Address

12 Liverymen Walk
Greenhithe
DA9 9GZ

Registered Number

09437747 (England and Wales)
SMILE KENT LTD
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets315,71031,399
15,71031,399
Current assets
Debtors-11,611
Cash at bank and on hand168,680201,655
168,680213,266
Creditors amounts falling due within one year4(47,591)(56,626)
Net current assets (liabilities)121,089156,640
Total assets less current liabilities136,799188,039
Creditors amounts falling due after one year5(62,115)(46,909)
Net assets74,684141,130
Capital and reserves
Called up share capital100100
Profit and loss account74,584141,030
Shareholders' funds74,684141,130
The financial statements were approved and authorised for issue by the Director on 4 December 2024, and are signed on its behalf by:
Ms Caroline Anne Short
Director
Registered Company No. 09437747
SMILE KENT LTD
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Interest income
Interest income is recognised using the effective interest rate method.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Plant and machinery4
Fixtures and fittings5
Office Equipment4
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
2.Average number of employees

20242023
Average number of employees during the year86
3.Tangible fixed assets

Plant & machinery

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 March 23108,43625,30687,326221,068
Additions--556556
At 29 February 24108,43625,30687,882221,624
Depreciation and impairment
At 01 March 2395,18322,48272,004189,669
Charge for year9,0021,7265,51716,245
At 29 February 24104,18524,20877,521205,914
Net book value
At 29 February 244,2511,09810,36115,710
At 28 February 2313,2532,82415,32231,399
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables25,659684
Taxation and social security21,93255,942
Total47,59156,626
5.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts62,11546,909
Total62,11546,909