Yorkshire Smiles Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08040035

YORKSHIRE SMILES LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 March 2025

YORKSHIRE SMILES LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Intangible assets	5	23,750	118,750
Tangible assets	6	12,986	14,431
		--------	----------
		36,736	133,181

CURRENT ASSETS

Stocks		5,823	4,631
Debtors	7	1,241,831	1,095,141
Cash at bank and in hand		120,637	58,090
		-------------	-------------
		1,368,291	1,157,862

CREDITORS: amounts falling due within one year	8	115,133		178,288
		-------------		-------------
NET CURRENT ASSETS			1,253,158	979,574
			-------------	-------------
TOTAL ASSETS LESS CURRENT LIABILITIES			1,289,894	1,112,755

CREDITORS: amounts falling due after more than one year	9		6,712	12,500

PROVISIONS	3,346	3,607
	-------------	-------------
NET ASSETS	1,279,836	1,096,648
	-------------	-------------

CAPITAL AND RESERVES

Called up share capital	1,000	1,000
Profit and loss account	1,278,836	1,095,648
	-------------	-------------
SHAREHOLDERS FUNDS	1,279,836	1,096,648
	-------------	-------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

YORKSHIRE SMILES LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 16 December 2025 , and are signed on behalf of the board by:

Dr A Hussain

Director

Company registration number: 08040035

YORKSHIRE SMILES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Fulford Lodge, 1 Heslington Lane, York, YO10 4HW, England.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. ACCOUNTING POLICIES

(a) Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

(b) Going concern

The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

(c) Revenue recognition

The revenue shown in the profit and loss account represents income receivable from dental treatments carried out during the period. Revenue in respect of dental treatment uncompleted at the year-end date is recognised by reference to the stage of completion.

(d) Current & deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

(e) Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

(f) Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

(g) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

(h) Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% reducing balance
Fixtures and fittings	-	20% reducing balance
Equipment	-	20% reducing balance

(i) Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

(j) Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

(k) Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

(l) Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

(m) Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 12 (2024: 11 ).

5. INTANGIBLE ASSETS

	Goodwill
	£
Cost
At 1 April 2024 and 31 March 2025	950,000
	----------
Amortisation
At 1 April 2024	831,250
Charge for the year	95,000
	----------
At 31 March 2025	926,250
	----------
Carrying amount
At 31 March 2025	23,750
	----------
At 31 March 2024	118,750
	----------

6. TANGIBLE ASSETS

	Plant and machinery	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 April 2024	112,371	1,805	1,421	115,597
Additions	1,800	–	–	1,800
	----------	-------	-------	----------
At 31 March 2025	114,171	1,805	1,421	117,397
	----------	-------	-------	----------
Depreciation
At 1 April 2024	99,574	734	858	101,166
Charge for the year	2,919	214	112	3,245
	----------	-------	-------	----------
At 31 March 2025	102,493	948	970	104,411
	----------	-------	-------	----------
Carrying amount
At 31 March 2025	11,678	857	451	12,986
	----------	-------	-------	----------
At 31 March 2024	12,797	1,071	563	14,431
	----------	-------	-------	----------

7. DEBTORS

	2025	2024
	£	£
Trade debtors	71,611	53,096
Other debtors	1,170,220	1,042,045
	-------------	-------------
	1,241,831	1,095,141
	-------------	-------------

8. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,000	10,000
Trade creditors	47,925	112,283
Amounts owed to group undertakings	41,466	40,651
Accruals and deferred income	( 2,137)	( 2,137)
Social security and other taxes	15,304	14,916
Director loan accounts	2,575	2,575
	----------	----------
	115,133	178,288
	----------	----------

9. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	2,500	12,500
Corporation tax	4,212	–
	-------	--------
	6,712	12,500
	-------	--------

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Dr A Hussain	2,575	–	–	2,575
	-------	----	----	-------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Dr A Hussain	11,753	45,000	( 54,178)	2,575
	--------	--------	--------	-------

11. RELATED PARTY TRANSACTIONS

During the year the directors made available loans to the company. At the year end, the balance of the loan owed by the Directors to the Company was £ 2,575 (2024: -£ 2,575 ).

12. CONTROLLING PARTY

The company is a wholly owned subsidiary of ASR Dental Care Limited , a company incorporated in England whose registered office address is Fulford Lodge, 1 Heslington Lane, York, England, YO10 4HW.