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REGISTERED NUMBER: 06303279 (England and Wales)















SMILE ETC MEDICAL AESTHETICS LIMITED

Unaudited Financial Statements for the Period 1 April 2024 to 31 December 2024






SMILE ETC MEDICAL AESTHETICS LIMITED (REGISTERED NUMBER: 06303279)

Contents of the Financial Statements
for the Period 1 April 2024 to 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

SMILE ETC MEDICAL AESTHETICS LIMITED

Company Information
for the Period 1 April 2024 to 31 December 2024







DIRECTOR: Dr A B Dhunna





SECRETARY: Mrs. J K Dhunna





REGISTERED OFFICE: Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB





REGISTERED NUMBER: 06303279 (England and Wales)





ACCOUNTANTS: Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB

SMILE ETC MEDICAL AESTHETICS LIMITED (REGISTERED NUMBER: 06303279)

Balance Sheet
31 December 2024

31.12.24 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 1,437

CURRENT ASSETS
Debtors 5 - 3,340
Cash at bank 30,302 93,297
30,302 96,637
CREDITORS
Amounts falling due within one year 6 29,925 47,593
NET CURRENT ASSETS 377 49,044
TOTAL ASSETS LESS CURRENT
LIABILITIES

377

50,481

PROVISIONS FOR LIABILITIES - 326
NET ASSETS 377 50,155

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 277 50,055
SHAREHOLDERS' FUNDS 377 50,155

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

SMILE ETC MEDICAL AESTHETICS LIMITED (REGISTERED NUMBER: 06303279)

Balance Sheet - continued
31 December 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 director and authorised for issue on 14 February 2025 and were signed by:





Dr A B Dhunna - Director


SMILE ETC MEDICAL AESTHETICS LIMITED (REGISTERED NUMBER: 06303279)

Notes to the Financial Statements
for the Period 1 April 2024 to 31 December 2024


1. STATUTORY INFORMATION

Smile Etc Medical Aesthetics 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.

There were no material departures from that standard.

Turnover
Turnover is recognised in line with the work performed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33.33% on cost
Computer equipment - 25% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

SMILE ETC MEDICAL AESTHETICS LIMITED (REGISTERED NUMBER: 06303279)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference shares or non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2024
and 31 December 2024 1,716 5,819 7,535
DEPRECIATION
At 1 April 2024 1,335 4,763 6,098
Charge for period 381 1,056 1,437
At 31 December 2024 1,716 5,819 7,535
NET BOOK VALUE
At 31 December 2024 - - -
At 31 March 2024 381 1,056 1,437

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.3.24
£    £   
Amounts owed by participating interests - 168
Prepayments - 3,172
- 3,340

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.3.24
£    £   
Tax 6,579 23,835
Other creditors 4,721 -
Directors' current accounts 15,803 21,178
Accrued expenses 2,822 2,580
29,925 47,593

7. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the director £15,803 (2024 £21,178).

SMILE ETC MEDICAL AESTHETICS LIMITED (REGISTERED NUMBER: 06303279)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024


8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Dr A B Dhunna by virtue of her holding 100% of the share capital in the parent company Arka Holdings Limited.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Smile Etc Medical Aesthetics Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Smile Etc Medical Aesthetics Limited for the period ended 31 December 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Smile Etc Medical Aesthetics Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Smile Etc Medical Aesthetics Limited and state those matters that we have agreed to state to the director of Smile Etc Medical Aesthetics Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Smile Etc Medical Aesthetics Limited and its director for our work or for this report.

It is your duty to ensure that Smile Etc Medical Aesthetics Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Smile Etc Medical Aesthetics Limited. You consider that Smile Etc Medical Aesthetics Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Smile Etc Medical Aesthetics Limited. 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.






Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB


14 February 2025