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
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
SMILE EXCELLENCE (CENTRAL MIDLANDS) LTD
Statement of financial position
as at 31 January 2025
Tangible assets
3,440
4,300
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)
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
SMILE EXCELLENCE (CENTRAL MIDLANDS) LTD
Notes to the Accounts
for the year ended 31 January 2025
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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.
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
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
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
Taxes and social security
23,758
14,785
Loans from directors
140
99
6
Deferred taxation
2025
2024
Accelerated capital allowances
6,535
6,535
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.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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).