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REGISTERED NUMBER: 14850398 (England and Wales)














SMILES UNLIMITED INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

5 MAY 2023 TO 31 MAY 2024






SMILES UNLIMITED INVESTMENTS LIMITED (REGISTERED NUMBER: 14850398)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 5 MAY 2023 TO 31 MAY 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


SMILES UNLIMITED INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 5 MAY 2023 TO 31 MAY 2024







DIRECTORS: Dr S Sah
Dr A Sharma





REGISTERED OFFICE: 24 Landgate
Landgate Chambers
Rye
East Sussex
TN31 7LJ





REGISTERED NUMBER: 14850398 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
Landgate Chambers
24 Landgate
Rye
East Sussex
TN31 7LJ

SMILES UNLIMITED INVESTMENTS LIMITED (REGISTERED NUMBER: 14850398)

BALANCE SHEET
31 MAY 2024

Notes £    £   
FIXED ASSETS
Investment property 4 427,500

CURRENT ASSETS
Debtors 5 281
Cash at bank 7,270
7,551
CREDITORS
Amounts falling due within one year 6 167,145
NET CURRENT LIABILITIES (159,594 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

267,906

CREDITORS
Amounts falling due after more than
one year

7

265,045
NET ASSETS 2,861

CAPITAL AND RESERVES
Called up share capital 9 100
Retained earnings 2,761
SHAREHOLDERS' FUNDS 2,861

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2024 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.

SMILES UNLIMITED INVESTMENTS LIMITED (REGISTERED NUMBER: 14850398)

BALANCE SHEET - continued
31 MAY 2024


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 4 February 2025 and were signed on its behalf by:




Dr S Sah - Director



Dr A Sharma - Director


SMILES UNLIMITED INVESTMENTS LIMITED (REGISTERED NUMBER: 14850398)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 5 MAY 2023 TO 31 MAY 2024


1. STATUTORY INFORMATION

Smiles Unlimited Investments 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.

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.

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

TAXATION
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 427,500
At 31 May 2024 427,500
NET BOOK VALUE
At 31 May 2024 427,500

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 281

SMILES UNLIMITED INVESTMENTS LIMITED (REGISTERED NUMBER: 14850398)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 5 MAY 2023 TO 31 MAY 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 648
Other creditors 166,497
167,145

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 265,045

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 265,045

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 265,045

Paragon bank have a charge over the property 13 Gladstone Road, Poole, Dorset, BH12 2LY.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

10. RELATED PARTY DISCLOSURES

At the year end the company owed Smiles Unlimited Dorset Ltd , a company that both directors are also directors and shareholders of, £158,380.00