IRIS Accounts Production v24.3.2.46 08719105 Board of Directors 1.7.23 30.6.24 30.6.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087191052023-06-30087191052024-06-30087191052023-07-012024-06-30087191052022-06-30087191052022-07-012023-06-30087191052023-06-3008719105ns15:EnglandWales2023-07-012024-06-3008719105ns14:PoundSterling2023-07-012024-06-3008719105ns10:Director12023-07-012024-06-3008719105ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3008719105ns10:SmallEntities2023-07-012024-06-3008719105ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3008719105ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3008719105ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3008719105ns10:FullAccounts2023-07-012024-06-3008719105ns10:Director22023-07-012024-06-3008719105ns10:Director32023-07-012024-06-3008719105ns10:Director42023-07-012024-06-3008719105ns10:RegisteredOffice2023-07-012024-06-3008719105ns5:CurrentFinancialInstruments2024-06-3008719105ns5:CurrentFinancialInstruments2023-06-3008719105ns5:Non-currentFinancialInstruments2024-06-3008719105ns5:Non-currentFinancialInstruments2023-06-3008719105ns5:ShareCapital2024-06-3008719105ns5:ShareCapital2023-06-3008719105ns5:RetainedEarningsAccumulatedLosses2024-06-3008719105ns5:RetainedEarningsAccumulatedLosses2023-06-3008719105ns5:CostValuation2023-06-30
REGISTERED NUMBER: 08719105 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

CLEARSMILE BRACES LIMITED

CLEARSMILE BRACES LIMITED (REGISTERED NUMBER: 08719105)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CLEARSMILE BRACES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: P K Solanki
A Qureshi
Dr A Maini
R S Hobson





REGISTERED OFFICE: The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB





REGISTERED NUMBER: 08719105 (England and Wales)





ACCOUNTANTS: Philip Barnes & Co Limited
Chartered Accountants
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB

CLEARSMILE BRACES LIMITED (REGISTERED NUMBER: 08719105)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 120 120

CURRENT ASSETS
Cash at bank 735 463

CREDITORS
Amounts falling due within one year 5 124,940 114,465
NET CURRENT LIABILITIES (124,205 ) (114,002 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(124,085

)

(113,882

)

CREDITORS
Amounts falling due after more than one
year

6

12,277

21,411
NET LIABILITIES (136,362 ) (135,293 )

CAPITAL AND RESERVES
Called up share capital 165 165
Retained earnings (136,527 ) (135,458 )
(136,362 ) (135,293 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2025 and were signed on its behalf by:



P K Solanki - Director


CLEARSMILE BRACES LIMITED (REGISTERED NUMBER: 08719105)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Clearsmile Braces 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.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 year 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

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023
and 30 June 2024 120
NET BOOK VALUE
At 30 June 2024 120
At 30 June 2023 120

CLEARSMILE BRACES LIMITED (REGISTERED NUMBER: 08719105)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,822 9,516
Amounts owed to group undertakings 115,118 104,949
124,940 114,465

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 12,277 21,411