REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 October 2024 |
for |
Enlighten Smiles Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 October 2024 |
for |
Enlighten Smiles Limited |
Enlighten Smiles Limited (Registered number: 04302422) |
Contents of the Financial Statements |
for the Year Ended 31 October 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Enlighten Smiles Limited |
Company Information |
for the Year Ended 31 October 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
16 Beaufort Court |
Admirals Way |
London |
Docklands |
London |
E14 9XL |
Enlighten Smiles Limited (Registered number: 04302422) |
Balance Sheet |
31 October 2024 |
31.10.24 | 31.10.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Property, plant and equipment | 4 |
CURRENT ASSETS |
Inventories |
Debtors | 5 |
Investments | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | 11 | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Revaluation reserve | 12 |
Retained earnings |
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. |
Enlighten Smiles Limited (Registered number: 04302422) |
Balance Sheet - continued |
31 October 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
Enlighten Smiles Limited (Registered number: 04302422) |
Notes to the Financial Statements |
for the Year Ended 31 October 2024 |
1. | STATUTORY INFORMATION |
Enlighten Smiles Limited is a |
There are charges registered against the Rent deposit deed & Debenture |
All of the property or undertaking has been released from the charge, Wolfe Investments Limited & For debenture, Barclays Bank PLC for Fixed and floating charges over the undertaking |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Web development | - |
Plant and machinery | - |
Fixtures and fittings | - |
Computer equipment | - |
Stocks |
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Enlighten Smiles Limited (Registered number: 04302422) |
Notes to the Financial Statements - continued |
for the Year Ended 31 October 2024 |
4. | PROPERTY, PLANT AND EQUIPMENT |
Fixtures |
Web | Plant and | and | Computer |
development | machinery | fittings | equipment | Totals |
£ | £ | £ | £ | £ |
COST |
At 1 November 2023 |
Additions |
At 31 October 2024 |
DEPRECIATION |
At 1 November 2023 |
Charge for year |
At 31 October 2024 |
NET BOOK VALUE |
At 31 October 2024 |
At 31 October 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.24 | 31.10.23 |
£ | £ |
Trade debtors |
Other debtors |
Tax recoverable | 25,986 | 25,986 |
Prepayments |
6. | CURRENT ASSET INVESTMENTS |
31.10.24 | 31.10.23 |
£ | £ |
Unlisted investments | 2,226,634 | 1,858,523 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.24 | 31.10.23 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Social security and other taxes |
VAT | 75,213 | 139,309 |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.10.24 | 31.10.23 |
£ | £ |
Bank loans - 2-5 years |
Enlighten Smiles Limited (Registered number: 04302422) |
Notes to the Financial Statements - continued |
for the Year Ended 31 October 2024 |
9. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
31.10.24 | 31.10.23 |
£ | £ |
Within one year |
Between one and five years |
The above relates to the total costs the company has committed to for operating leases for the next 3 years. |
10. | SECURED DEBTS |
The company has taken out a CBIL guarantee loan on 17th October 2020 of £240,000 backed up by the government under the Coronavirus Business Interruption Loan (CBIL) scheme The rate of interest is 3.36% per annum repaybale over 60 months with a 12 month capital repayment holiday of 12 months from the date of drawdown.. |
11. | PROVISIONS FOR LIABILITIES |
31.10.24 | 31.10.23 |
£ | £ |
Deferred tax | 99,665 | 81,105 |
Deferred |
tax |
£ |
Balance at 1 November 2023 |
Provided during year |
Balance at 31 October 2024 |
12. | RESERVES |
Revaluation |
reserve |
£ |
At 1 November 2023 |
Non distributable reserves | (96,624 | ) |
At 31 October 2024 |
13. | CHARGES |
There is a fixed and floating charge from Barclay Bank PLC on the property and assets of the company. |