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Company Registration No. 12406643 (England and Wales)
SMILE EXCELLENCE (CENTRAL MIDLANDS) LTD Unaudited accounts for the year ended 31 January 2025
SMILE EXCELLENCE (CENTRAL MIDLANDS) LTD Unaudited accounts Contents
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SMILE EXCELLENCE (CENTRAL MIDLANDS) LTD Company Information for the year ended 31 January 2025
Director
Christoforos Mallis
Company Number
12406643 (England and Wales)
Registered Office
112-113 HIGH STREET LINCOLN LN5 7PY ENGLAND
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA Templar Accounting & Business Support Services Limited (Incorp: Blake and Co ) 112 - 113 High Street, Lincoln, Lincolnshire LN5 7PY
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SMILE EXCELLENCE (CENTRAL MIDLANDS) LTD Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,440 
4,300 
Current assets
Cash at bank and in hand
91,973 
74,787 
Creditors: amounts falling due within one year
(25,094)
(15,956)
Net current assets
66,879 
58,831 
Total assets less current liabilities
70,319 
63,131 
Provisions for liabilities
Deferred tax
(6,535)
(6,535)
Net assets
63,784 
56,596 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
63,684 
56,496 
Shareholders' funds
63,784 
56,596 
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 May 2025 and were signed on its behalf by
Christoforos Mallis Director Company Registration No. 12406643
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SMILE EXCELLENCE (CENTRAL MIDLANDS) LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
SMILE EXCELLENCE (CENTRAL MIDLANDS) LTD is a private company, limited by shares, registered in England and Wales, registration number 12406643. The registered office is 112-113 HIGH STREET, LINCOLN, LN5 7PY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing balance
Computer equipment
20% Reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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SMILE EXCELLENCE (CENTRAL MIDLANDS) LTD Notes to the Accounts for the year ended 31 January 2025
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
4,202 
4,394 
8,596 
At 31 January 2025
4,202 
4,394 
8,596 
Depreciation
At 1 February 2024
2,050 
2,246 
4,296 
Charge for the year
430 
430 
860 
At 31 January 2025
2,480 
2,676 
5,156 
Net book value
At 31 January 2025
1,722 
1,718 
3,440 
At 31 January 2024
2,152 
2,148 
4,300 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
124 
696 
Taxes and social security
23,758 
14,785 
Other creditors
376 
376 
Loans from directors
140 
99 
Accruals
696 
- 
25,094 
15,956 
6
Deferred taxation
2025 
2024 
£ 
£ 
Accelerated capital allowances
6,535 
6,535 
2025 
2024 
£ 
£ 
Provision at start of year
6,535 
6,807 
Credited to the profit and loss account
- 
(272)
Provision at end of year
6,535 
6,535 
A deferred taxation reserve has been created of some £6,535 due to accelerated capital allowances. This reserve will reverse in future periods and create a tax liability at the prevailing rate on the day.
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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SMILE EXCELLENCE (CENTRAL MIDLANDS) LTD Notes to the Accounts for the year ended 31 January 2025
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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