BRIGHTSMILE DENTAL CARE LTD


Directors	Jagmohan Singh Chawla
	Manmohan Singh Chawla
	SURDHAR, Jagjit, Dr


Company Secretary	CHAWLA, Jagmohan


Registered Address	2nd Floor Grove House
	55 Lowlands Road
	Harrow
	HA1 3AW


Registered Number	07008223 (England and Wales)

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of dental services.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Current taxation
	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.

	Intangible assets
	Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Intangible assets are being amortised over its useful life of 7 years.

	Tangible fixed assets and depreciation
	Tangible fixed assets are initially stated at cost and subsequently at cost less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	15
	Fixtures and fittings	15
	Office Equipment	15

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease. Hire purchase and leasing commitments Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Finance leases and hire purchase contracts

Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Financial instruments
	The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortized cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortized. Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities Basic financial liabilities, including creditors, loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortized. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortized cost using the effective interest method.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements,  when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. 
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. 
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortized cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortized.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. 
Basic financial liabilities
Basic financial liabilities, including creditors, loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortized. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortized cost using the effective interest method.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	11		13

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 24	1,340,000	1,340,000
At 31 March 25	1,340,000	1,340,000
Amortisation and impairment
At 01 April 24	1,340,000	1,340,000
At 31 March 25	1,340,000	1,340,000
Net book value
At 31 March 25	-	-
At 31 March 24	-	-

4.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	111,791	89,750	-	201,541
Additions	-	3,897	14,847	18,744
Disposals	-	-	(9,289)	(9,289)
At 31 March 25	111,791	93,647	5,558	210,996
Depreciation and impairment
At 01 April 24	40,786	62,890	-	103,676
Charge for year	10,651	4,228	646	15,525
At 31 March 25	51,437	67,118	646	119,201
Net book value
At 31 March 25	60,354	26,529	4,912	91,795
At 31 March 24	71,005	26,860	-	97,865


	The net book value of Plant & machinery includes assets held under finance leases or hire purchase contracts of £ 46,913 (2024 : £55,191) and accumulated depreciation charge in respect of these assets is £41,017 (2024 : £32,739).

5.	Stocks

	2025	2024
	£	£
Finished goods	5,843	3,778
Total	5,843	3,778

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	67,753	78,488
Other debtors	63,377	135,718
Prepayments and accrued income	26,588	26,895
Total	157,718	241,101

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	122,678	94,149
Taxation and social security	115,514	157,103
Finance lease and HP contracts	-	3,646
Other creditors	625,103	673,729
Accrued liabilities and deferred income	2,101	2,101
Total	865,396	930,728

8.	Creditors: amounts due after one year

9.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	-		3,646

10.	Related party transactions
	Included in other debtors falling due within one year is an amount of £4,896 (2023 : £4,896) due from Brightsmile Islewortth, a partnership connected to the directors. Included in other creditors falling due within one year is an amount of £8,666 (2023 : £6,011) due from Smile care (Ewell) Ltd, a company connected to the directors. Included in other creditors falling due within one year is an amount of £4,027 (2023 : £4,027) due from Brightsmile Tadworth , a partnership connected to the directors. Included in other creditors falling due within one year is an amount of £5,975 (2023 : £3,095) due from Brightsmile Epsom , a partnership connected to the directors. Included in other debtors at the year end is an amount of £16,267 (2023 : £26,055 credit) due to the director Mr J Chawla. During the year company paid rent amounting to £40,000 (2023 : £40,000) to the directors, Dr Satnam Singh Chawla and Mr Jagmohan Singh Chawla.

10.

Related party transactions

Included in other debtors falling due within one year is an amount of £4,896 (2023 : £4,896) due from Brightsmile Islewortth, a partnership connected to the directors.

Included in other creditors falling due within one year is an amount of £8,666 (2023 : £6,011) due from  Smile care (Ewell) Ltd, a company connected to the directors.

Included in other creditors falling due within one year is an amount of £4,027 (2023 : £4,027) due from Brightsmile Tadworth , a partnership connected to the directors.

Included in other creditors falling due within one year is an amount of £5,975 (2023 : £3,095) due from Brightsmile Epsom , a partnership connected to the directors.

Included in other debtors at the year end is an amount of £16,267 (2023 : £26,055 credit) due to the director Mr J Chawla.

During the year company paid rent amounting to £40,000 (2023 : £40,000) to the directors, Dr Satnam Singh Chawla and Mr Jagmohan Singh Chawla.

11.	Controlling party
	The Ultimate parent company is Apex Holding Group Limited, a company registered in England and Wales. It's registered office address is 2nd Floor Grove House, 55 Lowlands Road, Harrow, Middlesex, United Kingdom, HA1 3AW.

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		91,795		97,865
			91,795		97,865
Current assets
Stocks	5	5,843		3,778
Debtors	6	157,718		241,101
Cash at bank and on hand		2,188,363		1,826,786
		2,351,924		2,071,665
Creditors amounts falling due within one year	7	(865,396)		(930,728)
Net current assets (liabilities)			1,486,528		1,140,937
Total assets less current liabilities			1,578,323		1,238,802
Net assets			1,578,323		1,238,802
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			1,577,323		1,237,802
Shareholders' funds			1,578,323		1,238,802