Caseware UK (AP4) 2023.0.135 2023.0.135 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-01-06falseDental practice activties9falsetrue 15392662 2024-01-05 15392662 2024-01-06 2025-01-31 15392662 2023-01-06 2024-01-05 15392662 2025-01-31 15392662 c:Director1 2024-01-06 2025-01-31 15392662 c:Director2 2024-01-06 2025-01-31 15392662 d:Buildings 2024-01-06 2025-01-31 15392662 d:Buildings 2025-01-31 15392662 d:Buildings d:OwnedOrFreeholdAssets 2024-01-06 2025-01-31 15392662 d:PlantMachinery 2024-01-06 2025-01-31 15392662 d:PlantMachinery 2025-01-31 15392662 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-06 2025-01-31 15392662 d:OfficeEquipment 2024-01-06 2025-01-31 15392662 d:OfficeEquipment 2025-01-31 15392662 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-06 2025-01-31 15392662 d:OwnedOrFreeholdAssets 2024-01-06 2025-01-31 15392662 d:Goodwill 2024-01-06 2025-01-31 15392662 d:Goodwill 2025-01-31 15392662 d:CurrentFinancialInstruments 2025-01-31 15392662 d:Non-currentFinancialInstruments 2025-01-31 15392662 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 15392662 d:Non-currentFinancialInstruments d:AfterOneYear 2025-01-31 15392662 d:ShareCapital 2025-01-31 15392662 d:RetainedEarningsAccumulatedLosses 2025-01-31 15392662 c:FRS102 2024-01-06 2025-01-31 15392662 c:AuditExempt-NoAccountantsReport 2024-01-06 2025-01-31 15392662 c:FullAccounts 2024-01-06 2025-01-31 15392662 c:PrivateLimitedCompanyLtd 2024-01-06 2025-01-31 15392662 d:Goodwill d:ExternallyAcquiredIntangibleAssets 2024-01-06 2025-01-31 15392662 d:Goodwill d:OwnedIntangibleAssets 2024-01-06 2025-01-31 15392662 e:PoundSterling 2024-01-06 2025-01-31 iso4217:GBP xbrli:pure
Registered number: 15392662













Salaudeen Smiles Limited

Financial statements
Information for filing with the registrar

31 January 2025




 
Salaudeen Smiles Limited


Balance sheet
At 31 January 2025

2025
Note
£

Fixed assets
  

Intangible assets
 4 
517,917

Tangible assets
 5 
289,244

  
807,161

Current assets
  

Stocks
  
3,270

Cash at bank and in hand
  
77,487

  
80,757

Creditors: amounts falling due within one year
 6 
(78,372)

Net current assets
  
 
 
2,385

Total assets less current liabilities
  
809,546

Creditors: amounts falling due after more than one year
 7 
(784,009)

Provisions for liabilities
  

Deferred tax
  
(11,972)

Net assets
  
13,565


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
13,465

Shareholders' funds
  
13,565


Page 1

 
Salaudeen Smiles Limited

    
Balance sheet (continued)
At 31 January 2025

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 March 2025.




L Salaudeen
A Salaudeen
Director
Director

Company registered number: 15392662
The notes on pages 3 to 6 form part of these financial statements. 

Page 2

 
Salaudeen Smiles Limited
 
 

Notes to the financial statements
Period ended 31 January 2025

1.


General information

Salaudeen Smiles Limited ('the company') is a private company limited by shares, incorporated in the United Kingdom and registered in England. The address of the registered office is 136 Swinnow Road, Leeds, England, LS13 4NX.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.
The following principal accounting policies have been applied:

 
2.2

Revenue

The turnover shown in the profit and loss account represents private and plan dental fee income receivable during the period.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.5

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of comprehensive income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Goodwill
-
10
years

Page 3

 
Salaudeen Smiles Limited
 

 
Notes to the financial statements
Period ended 31 January 2025

2.Accounting policies (continued)

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
2%
straight line
Plant and machinery
-
10%
reducing balance
Office equipment
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the period was 9.

Page 4

 
Salaudeen Smiles Limited
 
 

Notes to the financial statements
Period ended 31 January 2025

4.


Intangible assets



Goodwill

£



Cost


Additions
550,000



At 31 January 2025

550,000



Amortisation


Charge for the period
32,083



At 31 January 2025

32,083



Net book value



At 31 January 2025
517,917




5.


Tangible fixed assets





Freehold property
Plant and machinery
Office equipment
Total

£
£
£
£



Cost


Additions
243,787
50,129
319
294,235



At 31 January 2025

243,787
50,129
319
294,235



Depreciation


Charge for the period
2,844
2,120
27
4,991



At 31 January 2025

2,844
2,120
27
4,991



Net book value



At 31 January 2025
240,943
48,009
292
289,244

Page 5

 
Salaudeen Smiles Limited
 
 

Notes to the financial statements
Period ended 31 January 2025

6.


Creditors: amounts falling due within one year

2025
£

Bank loans
11,463

Trade creditors
11,939

Corporation tax
5,780

Other taxation and social security
2,190

Obligations under finance lease and hire purchase contracts
3,360

Other creditors
38,960

Accruals and deferred income
4,680

78,372



7.


Creditors: amounts falling due after more than one year

2025
£

Bank loans
766,823

Net obligations under finance leases and hire purchase contracts
17,186

784,009


 
Page 6