Puresmile Oxford Ltd - Filleted accounts

Registered number

13178759

Puresmile Oxford Ltd

Filleted Accounts

31 March 2025

Puresmile Oxford Ltd
Registered number:		13178759
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		830,953			830,953
Tangible assets	4		51,923			69,230
			882,876			900,183

Current assets
Debtors	5	48,530			43,451
Cash at bank and in hand		34,176			17,809
		82,706			61,260

Creditors: amounts falling due within one year	6	(257,074)			(247,938)

Net current liabilities			(174,368)			(186,678)

Total assets less current liabilities			708,508			713,505

Creditors: amounts falling due after more than one year	7		(568,684)			(629,741)



Net assets			139,824			83,764

Capital and reserves
Profit and loss account			139,824			83,764

Shareholders' funds			139,824			83,764

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Dr Satinder Singh Dhami
Director
Approved by the board on 18 December 2025

Puresmile Oxford Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	20% wdv

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.




	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		6		6


3	Intangible fixed assets				£
	Goodwill:

	Cost
	At 1 April 2024				830,953
	At 31 March 2025				830,953

	Amortisation
	At 31 March 2025				-

	Net book value
	At 31 March 2025				830,953
	At 31 March 2024				830,953



4	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2024				92,538
	At 31 March 2025				92,538

	Depreciation
	At 1 April 2024				23,308
	Charge for the year				17,307
	At 31 March 2025				40,615

	Net book value
	At 31 March 2025				51,923
	At 31 March 2024				69,230


5	Debtors		2025		2024
£				£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest		36,350		20,000
	Other debtors		12,180		23,451
			48,530		43,451


6	Creditors: amounts falling due within one year		2025		2024
£				£

	Bank loans and overdrafts		36,360		30,360
	Obligations under finance lease and hire purchase contracts		24,049		17,790
	Amounts owed to group undertakings and undertakings in which the company has a participating interest		150,893		160,643
	Taxation and social security costs		31,468		12,320
	Other creditors		14,304		26,825
			257,074		247,938


7	Creditors: amounts falling due after one year		2025		2024
£				£

	Bank loans		552,700		590,863
	Obligations under finance lease and hire purchase contracts		15,984		38,878
			568,684		629,741



8	Other information

	Puresmile Oxford Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Argyle House
	3rd Floor Northside
	Northwood Hills
	Middlesex
	HA6 1NW