Hampshire Cosmetic Smiles Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 10456596 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Hampshire Cosmetic Smiles Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

DR A S Gill BDS

DR K Gill BDS

SECRETARY:

REGISTERED OFFICE:

5 Alexandra Terrace,

Alexandra Road

Aldershot

England

GU11 3HU

REGISTERED NUMBER:

10456596 (England and Wales)

ACCOUNTANTS:

Taxpoint Direct Limited

Chartered Certified Accountants &Tax Consultants

310E Sterling House

Langston Road

Loughton

IG10 3TS

FIXED ASSETS

Intangible assets

4

548,477

Tangible assets

5

31,369

32,014

579,846

580,491

CURRENT ASSETS

Stocks

6

2,151

1,926

Cash at bank and in hand

462,249

292,253

464,400

294,179

CREDITORS

Amounts falling due within one year

7

359,719

309,756

NET CURRENT ASSETS/(LIABILITIES)

104,681

(15,577

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

684,527

564,914

CREDITORS

Amounts falling due after more than one
year

8

360,079

NET ASSETS

324,448

204,835

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

10

324,348

204,735

SHAREHOLDERS' FUNDS

324,448

204,835

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

DR A S Gill BDS - Director

1.	STATUTORY INFORMATION

Hampshire Cosmetic Smiles Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance and not provided

Fixtures and fittings

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

548,477

NET BOOK VALUE

At 31 December 2024

548,477

At 31 December 2023

548,477

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

COST

At 1 January 2024

54,689

21,869

76,558

Additions

-

1,800

At 31 December 2024

54,689

23,669

78,358

DEPRECIATION

At 1 January 2024

27,865

16,679

44,544

Charge for year

1,147

1,298

2,445

At 31 December 2024

29,012

17,977

46,989

NET BOOK VALUE

At 31 December 2024

25,677

5,692

31,369

At 31 December 2023

26,824

5,190

32,014

6.

STOCKS

31.12.24

31.12.23

£

Stocks

2,151

1,926

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

34,152

16,153

Pennyhill Accounts Credit Card

238,286

198,354

Tax

43,153

21,222

Net Wages Payable

9,875

629

Social security and other taxes

12,176

3,803

Other creditors

-

66,567

Directors' current accounts

4,329

28

Accrued expenses

17,748

3,000

359,719

309,756

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Directors' loan accounts

360,079

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

100

Ordinary Share

100

10.

RESERVES

Retained

earnings

£

At 1 January 2024

204,735

Profit for the year

137,613

Dividends

(18,000

)

At 31 December 2024

324,348

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors property company charged the company £18,000 in rent ( 2023 £18,000).

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on pages one to sixteen and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Taxpoint Direct Limited

Chartered Certified Accountants &Tax Consultants

310E Sterling House

Langston Road

Loughton

IG10 3TS

22 September 2025