Registration number: 08629998

Smile Kensington Limited

Contents

Company Information	1
Abridged Balance Sheet	2 to 3
Notes to the Unaudited Abridged Financial Statements	4 to 8

Smile Kensington Limited

Company Information

Director

DR ZAHRAA ZARRUK

Company secretary

DR ZAHRAA ZARRUK

Registered office

Charles Rippin & Turner 130 College Road, Middlesex House, Harrow, England, HA1 1BQ

Accountants

Charles Rippin and Turner Limited Charles Rippin & Turner Middlesex House 130 College Road Harrow Middlesex HA1 1BQ

Smile Kensington Limited

(Registration number: 08629998)
Abridged Balance Sheet as at 27 March 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	896,280	938,960
Tangible assets	5	538,716	436,552
		1,434,996	1,375,512
Current assets
Stocks	6	4,529	4,231
Cash at bank and in hand		172,191	174,739
		176,720	178,970
Creditors: Amounts falling due within one year		(115,380)	(178,747)
Net current assets		61,340	223
Total assets less current liabilities		1,496,336	1,375,735
Creditors: Amounts falling due after more than one year		(1,067,000)	(1,067,000)
Accruals and deferred income		(7,000)	(5,000)
Net assets		422,336	303,735
Capital and reserves
Called up share capital	7	10	10
Retained earnings		422,326	303,725
Shareholders' funds		422,336	303,735

For the financial year ending 27 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Smile Kensington Limited

(Registration number: 08629998)
Abridged Balance Sheet as at 27 March 2025

Approved and authorised by the director on 21 December 2025
 

......................................... DR ZAHRAA ZARRUK Company secretary and director

Smile Kensington Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 27 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Charles Rippin & Turner 130 College Road, Middlesex House, Harrow, England, HA1 1BQ

These financial statements were authorised for issue by the director on 21 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Smile Kensington Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 27 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	10% Reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	Ammortised over 25 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Smile Kensington Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 27 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 10 (2024 - 10).

Smile Kensington Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 27 March 2025

4	Intangible assets

	Total £
Cost or valuation
At 28 March 2024	1,067,000
At 27 March 2025	1,067,000
Amortisation
At 28 March 2024	128,040
Amortisation charge	42,680
At 27 March 2025	170,720
Carrying amount
At 27 March 2025	896,280
At 27 March 2024	938,960

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 28 March 2024	459,901	459,901
Additions	111,163	111,163
At 27 March 2025	571,064	571,064
Depreciation
At 28 March 2024	23,349	23,349
Charge for the year	8,999	8,999
At 27 March 2025	32,348	32,348
Carrying amount
At 27 March 2025	538,716	538,716
At 27 March 2024	436,552	436,552

Smile Kensington Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 27 March 2025

6

Stocks

	2025 £	2024 £
Other inventories	4,529	4,231

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	10	10	10	10