Company Registration No. 07415382 (England and Wales)
Smile Materials Limited
Unaudited accounts
for the year ended 31 March 2025
Smile Materials Limited
Unaudited accounts
Contents
Smile Materials Limited
Company Information
for the year ended 31 March 2025
Directors
Adam Fairweather
Rosalie McMillan
John Hinnigan
Colin Nunn
Richard O'Neill
Company Number
07415382 (England and Wales)
Registered Office
KINGSWAY
FFORESTFACH
SWANSEA
West Glamorgan
SA5 4DL
Wales
Accountants
SA Ledgers Ltd
57 Canbury Park Road
Kingston
KT2 6LQ
Smile Materials Limited
Statement of financial position
as at 31 March 2025
Tangible assets
1,390,783
1,538,048
Inventories
740,887
563,457
Cash at bank and in hand
463,463
427,867
Creditors: amounts falling due within one year
(388,287)
(331,278)
Net current assets
1,224,058
799,228
Total assets less current liabilities
2,614,841
2,337,942
Creditors: amounts falling due after more than one year
(292,620)
(361,040)
Net assets
2,322,221
1,976,902
Called up share capital
13,304
13,304
Share premium
1,865,200
1,865,200
Profit and loss account
443,717
98,398
Shareholders' funds
2,322,221
1,976,902
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 31 August 2025 and were signed on its behalf by
Adam Fairweather
Director
Company Registration No. 07415382
Smile Materials Limited
Notes to the Accounts
for the year ended 31 March 2025
Smile Materials Limited is a private company, limited by shares, registered in England and Wales, registration number 07415382. The registered office is KINGSWAY, FFORESTFACH, SWANSEA, West Glamorgan, SA5 4DL, Wales.
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.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation is over a period of 5 years
4
Intangible fixed assets
Goodwill
Smile Materials Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2024
1,119,014
914,588
-
94,826
20,286
2,148,714
Additions
1,750
16,164
39,544
-
2,469
59,927
At 31 March 2025
1,120,764
930,752
39,544
94,826
22,755
2,208,641
At 1 April 2024
39,778
523,601
-
30,533
16,754
610,666
Charge for the year
26,633
153,471
5,492
18,965
2,631
207,192
At 31 March 2025
66,411
677,072
5,492
49,498
19,385
817,858
At 31 March 2025
1,054,353
253,680
34,052
45,328
3,370
1,390,783
At 31 March 2024
1,079,236
390,987
-
64,293
3,532
1,538,048
Amounts falling due within one year
Trade debtors
158,026
40,316
Accrued income and prepayments
58,886
6,289
Other debtors
191,083
92,577
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
93,997
106,091
Taxes and social security
24,642
20,572
Other creditors
91,938
96,810
Deferred income
41,574
51,836
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
292,620
361,040
9
Post balance sheet events
Since the balance sheet date, the company name has been changed to Smile Materials Limited
10
Average number of employees
During the year the average number of employees was 26 (2024: 22).