REGISTERED NUMBER: 12260201 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SMILE WOKINGHAM LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr H S Nathwani

REGISTERED OFFICE:

Verdant Greenwood Road

Tilehurst

Reading

RG30 4JG

REGISTERED NUMBER:

12260201 (England and Wales)

ACCOUNTANTS:

Sage & Co

Chartered Accountants

40 High Street

Northwood

Middlesex

HA6 1BN

FIXED ASSETS

Tangible assets

4

108,503

112,267

CURRENT ASSETS

Debtors

5

499,093

348,467

Cash at bank and in hand

4,178

3,551

503,271

352,018

CREDITORS

Amounts falling due within one year

6

143,325

120,455

NET CURRENT ASSETS

359,946

231,563

TOTAL ASSETS LESS CURRENT LIABILITIES

468,449

343,830

PROVISIONS FOR LIABILITIES

7,738

9,059

NET ASSETS

460,711

334,771

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

460,710

334,770

SHAREHOLDERS' FUNDS

460,711

334,771

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 December 2025 and were signed by:

Dr H S Nathwani - Director

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

over period of lease

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Cash and cash equivalent

Cash and cash equivalent include cash in hand and deposits held at call with bank.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 April 2024

95,078

58,688

2,523

156,289

Additions

7,059

-

179

7,238

At 31 March 2025

102,137

58,688

2,702

163,527

DEPRECIATION

At 1 April 2024

19,050

23,998

974

44,022

Charge for year

5,539

5,204

259

11,002

At 31 March 2025

24,589

29,202

1,233

55,024

NET BOOK VALUE

At 31 March 2025

77,548

29,486

1,469

108,503

At 31 March 2024

76,028

34,690

1,549

112,267

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

489,089

344,750

Directors' current accounts

4,495

-

Other taxation

1,517

-

Prepayments

3,992

3,717

499,093

348,467

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

(1

)

Tax

44,977

43,328

Other taxation

1,517

-

Social security and other taxes

4,176

4,067

Other creditors

58,824

38,334

Accruals and deferred income

33,831

34,727

143,325

120,455

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

1

1

8.	OTHER FINANCIAL COMMITMENTS

At the period end, the company had total commitments under operating leases over the remaining life of those leases of approximately £448,000 (2024: £24,500).

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Dr H S Nathwani

Balance outstanding at start of year

-

-

Amounts advanced

4,495

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,495

-

Interest is charged on the advances at the official rate.