Smile Health Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 07008441

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		550,001		2,582

			550,001		2,582
CURRENT ASSETS
Debtors	5	18,060		439,814
Cash at bank and in hand		58,927		7,156

		76,987		446,970
Creditors: Amounts Falling Due Within One Year	6	(179,871 )		(58,407 )

NET CURRENT ASSETS (LIABILITIES)			(102,884 )		388,563

TOTAL ASSETS LESS CURRENT LIABILITIES			447,117		391,145

NET ASSETS			447,117		391,145

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			447,017		391,045

SHAREHOLDERS' FUNDS			447,117		391,145

For the year ending 31 December 2024 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

S Patel

Director

25th July 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Smile Health Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07008441 . The registered office is 109 Coleman Road, Leicester, Leicestershire, LE5 4LE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

20% on cost

2.4. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 3)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 January 2024	-	21,831	21,831
Additions	550,000	-	550,000

As at 31 December 2024	550,000	21,831	571,831

...CONTINUED

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Smile Health Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Depreciation
As at 1 January 2024	-	19,249	19,249
Provided during the period	-	2,581	2,581

As at 31 December 2024	-	21,830	21,830

Net Book Value
As at 31 December 2024	550,000	1	550,001

As at 1 January 2024	-	2,582	2,582

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	18,059	14,514
Other debtors	1	-
Amounts owed by associates	-	425,300

	18,060	439,814

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	432	-
Corporation tax	42,776	37,101
Accruals and deferred income	1,070	1,070
Directors' loan accounts	135,593	20,236

	179,871	58,407

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

8. Related Party Transactions

Included within creditors is a loan from the directors of the company. The balance outstanding as at 31 December 2024 was £135,593 (2023: £20,236). This loan is interest free and repayable on demand.

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