1 January 2024 false No description of principal activity Taxfiler 2024.6 13842920business:PrivateLimitedCompanyLtd2024-01-012024-12-31 138429202023-12-31 138429202024-01-012024-12-31 13842920business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 13842920business:FilletedAccounts2024-01-012024-12-31 138429202024-12-31 13842920business:Director12024-01-012024-12-31 13842920business:RegisteredOffice2024-01-012024-12-31 138429202023-12-31 13842920core:WithinOneYear2024-12-31 13842920core:WithinOneYear2023-12-31 13842920core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 13842920core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 13842920core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 13842920core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 13842920core:PreviouslyStatedAmount2024-12-31 13842920core:PreviouslyStatedAmount2023-12-31 13842920business:SmallEntities2024-01-012024-12-31 13842920countries:EnglandWales2024-01-012024-12-31 138429202023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 13842920 (England and Wales)
Smileworks Liverpool Limited Unaudited accounts for the year ended 31 December 2024
Smileworks Liverpool Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Smileworks Liverpool Limited Company Information for the year ended 31 December 2024
Director
Dr Mary-Jane Sigrid Rowland-Warmann
Company Number
13842920 (England and Wales)
Registered Office
Smileworks One Park West Liverpool L1 3DF United Kingdom
Accountants
Heath Hill Green Ltd
- 3 -
Smileworks Liverpool Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
28,196 
25,536 
Debtors
4
890,231 
741,350 
Cash at bank and in hand
9,824 
1,558 
928,251 
768,444 
Creditors: amounts falling due within one year
5
(642,183)
(447,955)
Net current assets
286,068 
320,489 
Net assets
286,068 
320,489 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
286,067 
320,488 
Shareholders' funds
286,068 
320,489 
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 director acknowledges her 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 30 September 2025 and were signed on its behalf by
Dr Mary-Jane Sigrid Rowland-Warmann Director Company Registration No. 13842920
- 4 -
Smileworks Liverpool Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Smileworks Liverpool Limited is a private company, limited by shares, registered in England and Wales, registration number 13842920. The registered office is Smileworks, One Park West, Liverpool, L1 3DF, United Kingdom.
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.
Prior Year Adjustment
It was identified that Corporation Tax creditors in prior years were overstated by £10,995.98. This amount has been corrected by an adjustment to brought-forward retained earnings. Comparative figures have not been restated as the adjustment is not considered material to those financial statements.
Turnover
Turnover represents the fair value of amounts receivable for dental services provided in the ordinary course of business. Revenue is recognised when the significant obligations in respect of treatment have been performed, which is generally when the treatment is carried out.
Inventories
Stock is stated at the lower of cost and net realisable value.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,666 
50,119 
Amounts due from group undertakings etc.
853,575 
642,859 
Accrued income and prepayments
3,091 
28,473 
Other debtors
19,899 
19,899 
890,231 
741,350 
- 5 -
Smileworks Liverpool Limited Notes to the Accounts for the year ended 31 December 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
13,811 
- 
Trade creditors
223,636 
229,085 
Amounts owed to group undertakings and other participating interests
216,497 
83,885 
Taxes and social security
132,333 
114,378 
Other creditors
- 
14,814 
Loans from directors
136 
- 
Accruals
13,269 
5,793 
Deferred income
42,501 
- 
642,183 
447,955 
6
Transactions with related parties
The company has taken advantage of the disclosure exemptions permitted under FRS 102 Section 1A. Transactions with related parties during the year were limited to intercompany balances and routine trading transactions. All such transactions were made at market value. At the year end, amounts owed from related parties totalled £853,575 (2024: £642,860) At the year end, amounts owed to related parties totalled £216,497 (2024: £83,884) Included in the above is an intercompany loan receivable of £431,467 (2024: £430,067) from Xworks Limited, a fellow group undertaking. During the year, Xworks Limited entered into liquidation. The outcome of the liquidation process is uncertain and, as such, the recoverability of this balance cannot be determined with certainty at the year end. The directors have concluded that no provision is required at this stage.
7
Average number of employees
During the year the average number of employees was 17 (2023: 29).
- 6 -