Acorah Software Products - Accounts Production 16.5.460 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 06879748 Dr T J Keppel Dr P O Suaris Dr T J Keppel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06879748 2023-10-31 06879748 2024-10-31 06879748 2023-11-01 2024-10-31 06879748 frs-core:Non-currentFinancialInstruments 2024-10-31 06879748 frs-core:BetweenOneFiveYears 2024-10-31 06879748 frs-core:ComputerEquipment 2023-11-01 2024-10-31 06879748 frs-core:NetGoodwill 2023-11-01 2024-10-31 06879748 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 06879748 frs-core:PlantMachinery 2023-11-01 2024-10-31 06879748 frs-core:WithinOneYear 2024-10-31 06879748 frs-core:ShareCapital 2024-10-31 06879748 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 06879748 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 06879748 frs-bus:AbridgedAccounts 2023-11-01 2024-10-31 06879748 frs-bus:SmallEntities 2023-11-01 2024-10-31 06879748 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 06879748 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 06879748 frs-bus:Director1 2023-11-01 2024-10-31 06879748 frs-bus:Director2 2023-11-01 2024-10-31 06879748 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 06879748 frs-countries:EnglandWales 2023-11-01 2024-10-31 06879748 2022-10-31 06879748 2023-10-31 06879748 2022-11-01 2023-10-31 06879748 frs-core:Non-currentFinancialInstruments 2023-10-31 06879748 frs-core:BetweenOneFiveYears 2023-10-31 06879748 frs-core:PlantMachinery 2022-11-01 2023-10-31 06879748 frs-core:WithinOneYear 2023-10-31 06879748 frs-core:ShareCapital 2023-10-31 06879748 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 06879748
Grand Smile Design Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 October 2024
Hive Accountancy Ltd
The Innovation Centre
Treliske
Truro
Cornwall
TR1 3FF
Grand Smile Design Limited
Contents
Contents

| Page
--- | ---
Abridged Balance Sheet | 1—2
Notes to the Abridged Financial Statements | 3—5

Page 1
Grand Smile Design Limited
Abridged Balance Sheet
As At 31 October 2024
Abridged Balance Sheet
Registered number: 06879748

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 508,553 |  | 508,553
Tangible Assets | 5 |  | 142,840 |  | 124,120
|  |  | 651,393 |  | 632,673
CURRENT ASSETS
Stocks |  | 15,000 |  | - |
Debtors |  | 182,616 |  | 146,837 |
Cash at bank and in hand |  | 139,595 |  | 95,385 |
|  | 337,211 |  | 242,222 |
Creditors: Amounts Falling Due Within One Year |  | (404,690 ) |  | (342,122 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (67,479 ) |  | (99,900 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 583,914 |  | 532,773
Creditors: Amounts Falling Due After More Than One Year |  |  | (159,564 ) |  | (209,087 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (27,926 ) |  | (23,583 )
NET ASSETS |  |  | 396,424 |  | 300,103
CAPITAL AND RESERVES
Called up share capital | 7 |  | 100 |  | 100
Profit and Loss Account |  |  | 396,324 |  | 300,003
SHAREHOLDERS' FUNDS |  |  | 396,424 |  | 300,103

Page 1
Page 2
Grand Smile Design Limited
Abridged Balance Sheet (continued)
As At 31 October 2024
For the year ending 31 October 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 October 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board

Dr T J Keppel Director
13 October 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
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Grand Smile Design Limited
Notes to the Abridged Financial Statements
For The Year Ended 31 October 2024
Notes to the Abridged Financial Statements
1. General Information
Grand Smile Design Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06879748 . The registered office is 1 Cedar Road, Sutton, Surrey, SM2 5DA.
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 represents the total invoice value, excluding value added tax, of sales made during the period.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of the business in 2010, is not being amortised.
This is a departure from the requirements of FRS 102 Section 1A in relation to intangibles and goodwill, which states that goodwill is considered to have a finite useful life and should be amortised systematically over their life.
The management has concluded that the financial statements give a true and fair view of the Company's financial position and financial performance, and that it has complied with FRS 102 in all other areas except from the departure in relation to goodwill. This departure is required to the extent necessary to give a true and fair view.
This departure from FRS 102, that goodwill has a finite useful life, is in the opinion of the directors necessary for the financial statements to present a true and fair view.
2.4. 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:

Freehold | NIL
Plant & Machinery | 20% straight line
Computer Equipment | 33% straight line

2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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Grand Smile Design Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 October 2024
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Trust
The Company has created a trust whose beneficiaries will include employees of the Company and their dependents. Assets held under this trust will be controlled by trustees who will be acting independently and entirely at their own discretion.
Where assets are held in the trust and these are considered by the Company to be in respect of services already provided by employees to the Company, the Company will account for these as assets of the Company until the earlier of it no longer having de facto control of these assets and it not obtaining future economic benefit from these assets. The value transferred will be charged in the Company's profit and loss account for the year to which it relates.
3. Average Number of Employees
Average number of employees during the year was as follows: 5 (2023: 4)
5 4
4. Intangible Assets

| Total
--- | ---
| £
Cost
As at 1 November 2023 | 529,803
As at 31 October 2024 | 529,803
Amortisation
As at 1 November 2023 | 21,250
As at 31 October 2024 | 21,250
Net Book Value
As at 31 October 2024 | 508,553
As at 1 November 2023 | 508,553

Page 4
Page 5
Grand Smile Design Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 October 2024
5. Tangible Assets

| Total
--- | ---
| £
Cost
As at 1 November 2023 | 467,608
Additions | 56,554
As at 31 October 2024 | 524,162
Depreciation
As at 1 November 2023 | 343,488
Provided during the period | 37,834
As at 31 October 2024 | 381,322
Net Book Value
As at 31 October 2024 | 142,840
As at 1 November 2023 | 124,120

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Plant & Machinery | 89,799 |  | 80,864

6. Obligations Under Finance Leases and Hire Purchase

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 26,615 |  | 25,850
Later than one year and not later than five years | 87,743 |  | 79,611
| 114,358 |  | 105,461
| 114,358 |  | 105,461

7. Share Capital

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

8. Related Party Transactions
At the year end a £55,000 (2023:£55,000) loan remained outstanding to another company under the control of the directors and is included in debtors on the balance sheet. The debtors figure on the balance sheet also includes £0 (2023: £3,800) owed by another company under the control of the directors. These loans are interest free and repayable on demand.
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