M&S KARIM LTD


Directors	Dr. Michaella Gabrielle Beatrice Karim
	Sejil Ahmad Karim


Registered Address	16 Chatsworth Parade
	Petts Wood
	Orpington
	BR5 1DF


Registered Number	15352392 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025
		£	£
Current assets
Debtors	3	532
		532
Creditors amounts falling due within one year	4	(432)
Net current assets (liabilities)			100
Total assets less current liabilities			100
Net assets			100
Capital and reserves
Called up share capital			100
Shareholders' funds			100

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 9 September 2025, and are signed on its behalf by:

Dr. Michaella Gabrielle Beatrice Karim
Director

Sejil Ahmad Karim
Director

Registered Company No. 15352392

M&S KARIM LTD

Notes to the Financial Statements
for the period ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number is 15352392 and registered office address is 16 Chatsworth Parade, Petts Wood, Orpington, Kent, United Kingdom, BR5 1DF.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The company meets its day to day working capital requirements through the continued support of its directors.

	Judgements and key sources of estimation uncertainty
	In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.

	Revenue from rendering of services
	Revenue represents income earned from the provision of services during the year. The company is not registered for VAT, and therefore all revenue is stated net of VAT. Revenue is recognized when the services are performed, in accordance with the accrual basis of accounting.

	Dividend income
	Dividend income is recognised when the right to receive payment is established.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

	Financial instruments
	A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest
method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently
measured at cost less impairment.

Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity
instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.

	Related parties
	M&S Karim Limited is the parent company of Karim Dental Limited and M&S Karim Properties Limited, holding 100% of the issued share capital in both subsidiaries. Transactions between the Company and its subsidiaries are conducted in the normal course of business and on an arm’s length basis. During the year ended 31 March 2025, the Company entered into transactions with Karim Dental Limited. No transactions took place with M&S Karim Properties Limited during the year. As at 31 March 2025: As at the reporting date, Karim Dental Limited, a subsidiary of the Company, owed £532 to the Company. There were no transactions during the year or outstanding balances with M&S Karim Properties Limited. All intercompany balances are unsecured, interest-free, and repayable on demand. No guarantees have been given or received in respect of these balances.

Related parties

M&S Karim Limited is the parent company of Karim Dental Limited and M&S Karim Properties Limited, holding 100% of the issued share capital in both subsidiaries. Transactions between the Company and its subsidiaries are conducted in the normal course of business and on an arm’s length basis.

During the year ended 31 March 2025, the Company entered into transactions with Karim Dental Limited. No transactions took place with M&S Karim Properties Limited during the year.

As at 31 March 2025:

As at the reporting date, Karim Dental Limited, a subsidiary of the Company, owed £532 to the Company.

There were no transactions during the year or outstanding balances with M&S Karim Properties Limited.

All intercompany balances are unsecured, interest-free, and repayable on demand. No guarantees have been given or received in respect of these balances.

2.	Average number of employees


		2025
	Average number of employees during the year	2

3.	Debtors: amounts due within one year

		2025
		£
	Amounts owed by associates and joint ventures / participating interests	532
	Total	532

4.	Creditors: amounts due within one year

		2025
		£
	Other creditors	432
	Total	432


	As at balance sheet date 31 March 2025, other creditors includes below : Accruals :£432

5.	Share capital
	The company has issued 100 ordinary shares of £1 each, fully paid, amounting to £100.Ordinary shares carry equal voting rights, dividend entitlement, and rights to capital on winding up.

6.	Parent-subsidiary relationships
	As at 31 March 2025, the company held 100% of the issued ordinary share capital in two subsidiary undertakings: Karim Dental Limited, company number 11813301, is incorporated in England and Wales. Its registered office is 16 Chatsworth Parade, Petts Wood, Orpington, England, BR5 1DF. The company holds 100% of the ordinary £1 shares. The principal activity of the subsidiary is the provision of dental services. M&S Karim Properties Limited, company number 15293098, is also incorporated in England and Wales. Its registered office is 16 Chatsworth Parade, Petts Wood, Orpington, England, BR5 1DF. The company holds 100% of the ordinary £1 shares. The principal activities of the subsidiary are the buying and selling of own real estate, and the letting and operating of own or leased real estate. These subsidiary undertakings are wholly owned and have been held throughout the financial year.

Parent-subsidiary relationships

As at 31 March 2025, the company held 100% of the issued ordinary share capital in two subsidiary undertakings:

Karim Dental Limited, company number 11813301, is incorporated in England and Wales. Its registered office is 16 Chatsworth Parade, Petts Wood, Orpington, England, BR5 1DF. The company holds 100% of the ordinary £1 shares. The principal activity of the subsidiary is the provision of dental services.

M&S Karim Properties Limited, company number 15293098, is also incorporated in England and Wales. Its registered office is 16 Chatsworth Parade, Petts Wood, Orpington, England, BR5 1DF. The company holds 100% of the ordinary £1 shares. The principal activities of the subsidiary are the buying and selling of own real estate, and the letting and operating of own or leased real estate.

These subsidiary undertakings are wholly owned and have been held throughout the financial year.

7.	Change in reporting period and impact on comparability
	The reporting period under review is the first year since incorporation and covers the period from 14 December 2023 to 31 March 2025.