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REGISTERED NUMBER: 07212024 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

I M SMILE LIMITED

| I M SMILE LIMITED (REGISTERED NUMBER: 07212024) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| I M SMILE LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 30 APRIL 2025

| DIRECTOR: | Dr G Mexias

| REGISTERED OFFICE: | 17 The Old Brewery

| Rode

| Frome

| BA11 6NU

| REGISTERED NUMBER: | 07212024 (England and Wales)

| ACCOUNTANTS: | Andrews and Palmer

| Chartered Accountants

| 32 The Square

| Gillingham

| Dorset

| SP8 4AR

| I M SMILE LIMITED (REGISTERED NUMBER: 07212024) |

BALANCE SHEET

30 APRIL 2025

| 30.4.25 | 30.4.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 620,604 |  | 350,001 |  |

Tangible assets | 5 | 166,868 |  | 123,182 |  |

Investments | 6 | - |  | 360,091 |  |

787,472 |  | 833,274 |  |

CURRENT ASSETS

Debtors | 7 | 39,592 |  | 57,928 |  |

Cash at bank and in hand | 487,153 |  | 313,393 |  |

526,745 |  | 371,321 |  |

CREDITORS

Amounts falling due within one year | 8 | 405,196 |  | 382,607 |  |

NET CURRENT ASSETS/(LIABILITIES) | 121,549 |  | (11,286 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 909,021 |  | 821,988 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (564,133 | ) | (536,885 | ) |

PROVISIONS FOR LIABILITIES | (41,400 | ) | (30,320 | ) |

NET ASSETS | 303,488 |  | 254,783 |  |

CAPITAL AND RESERVES

Called up share capital | 12 | 101 |  | 101 |  |

Merger reserve | 13 | 86,135 |  | - |  |

Retained earnings | 13 | 217,252 |  | 254,682 |  |

SHAREHOLDERS' FUNDS | 303,488 |  | 254,783 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

| I M SMILE LIMITED (REGISTERED NUMBER: 07212024) |

BALANCE SHEET - continued

30 APRIL 2025

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 7 January 2026 and were signed by:

Dr G Mexias - Director

| I M SMILE LIMITED (REGISTERED NUMBER: 07212024) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1. | STATUTORY INFORMATION

| I M Smile Limited 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 represents net invoiced sales of goods and services. Turnover is recognised at the time of supply.

| Goodwill

| Goodwill, being the amounts paid in connection with the acquisition of businesses, is being amortised evenly over the estimated useful lives of ten years.

| 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.

| Patents and licences are being amortised evenly over their estimated useful life of nil years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Improvements to property | - | over the life of the lease

| Plant and machinery | - | 25% on reducing balance

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Financial instruments

| Basic financial instruments are measured at amortised cost.

| 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.

| I M SMILE LIMITED (REGISTERED NUMBER: 07212024) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company contributes to 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.

| Reserves

| The Company’s reserves are as follows:

| • Called up share capital represents the nominal value of the shares issued.

| • Merger reserve arose on hive-up of a wholly owned subsidiary accounted for as a merger in accordance with UK GAAP.

| • Retained earnings represents cumulative profits or losses, net of dividends paid and other adjustments.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 27 (2024 - 21 ) .

| I M SMILE LIMITED (REGISTERED NUMBER: 07212024) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

4. | INTANGIBLE FIXED ASSETS

| Patents |

| and |

| Goodwill |  | licences |  | Totals

£ | £ | £ |

| COST

| At 1 May 2024 | 1,284,586 |  | 1 |  | 1,284,587 |  |

| Additions | 356,226 |  | - |  | 356,226 |  |

| At 30 April 2025 | 1,640,812 |  | 1 |  | 1,640,813 |  |

| AMORTISATION

| At 1 May 2024 | 934,586 |  | - |  | 934,586 |  |

| Amortisation for year | 85,623 |  | - |  | 85,623 |  |

| At 30 April 2025 | 1,020,209 |  | - |  | 1,020,209 |  |

| NET BOOK VALUE

| At 30 April 2025 | 620,603 |  | 1 |  | 620,604 |  |

| At 30 April 2024 | 350,000 |  | 1 |  | 350,001 |  |

5. | TANGIBLE FIXED ASSETS

| Improvements |

| to |  | Plant and |

| property |  | machinery |  | Totals

£ | £ | £ |

| COST

| At 1 May 2024 | 63,639 |  | 541,041 |  | 604,680 |  |

| Additions | - |  | 100,013 |  | 100,013 |  |

| At 30 April 2025 | 63,639 |  | 641,054 |  | 704,693 |  |

| DEPRECIATION

| At 1 May 2024 | 50,654 |  | 430,844 |  | 481,498 |  |

| Charge for year | 3,762 |  | 52,565 |  | 56,327 |  |

| At 30 April 2025 | 54,416 |  | 483,409 |  | 537,825 |  |

| NET BOOK VALUE

| At 30 April 2025 | 9,223 |  | 157,645 |  | 166,868 |  |

| At 30 April 2024 | 12,985 |  | 110,197 |  | 123,182 |  |

| I M SMILE LIMITED (REGISTERED NUMBER: 07212024) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

5. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

£ |

| COST

| At 1 May 2024 | 79,239 |  |

| Additions | 51,467 |  |

| Transfer to ownership | (50,251 | ) |

| At 30 April 2025 | 80,455 |  |

| DEPRECIATION

| At 1 May 2024 | 48,798 |  |

| Charge for year | 15,927 |  |

| Transfer to ownership | (32,051 | ) |

| At 30 April 2025 | 32,674 |  |

| NET BOOK VALUE

| At 30 April 2025 | 47,781 |  |

| At 30 April 2024 | 30,441 |  |

6. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 May 2024 | 360,091 |  |

| Disposal on hive-up of wholly

| owned subsidiary | (360,091 | ) |

| At 30 April 2025 | - |  |

| NET BOOK VALUE

| At 30 April 2025 | - |  |

| At 30 April 2024 | 360,091 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.4.25 |  | 30.4.24

£ | £ |

| Trade debtors | 4,277 |  | 26,703 |  |

| Other debtors | 35,315 |  | 31,225 |  |

39,592 |  | 57,928 |  |

| I M SMILE LIMITED (REGISTERED NUMBER: 07212024) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.4.25 |  | 30.4.24

£ | £ |

| Bank loans and overdrafts | 73,725 |  | 60,590 |  |

| Hire purchase contracts (see note 10) | 13,918 |  | 18,763 |  |

| Trade creditors | 49,850 |  | 46,541 |  |

| Taxation and social security | 104,508 |  | 108,379 |  |

| Other creditors | 163,195 |  | 148,334 |  |

405,196 |  | 382,607 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 30.4.25 |  | 30.4.24

£ | £ |

| Bank loans | 524,971 |  | 531,663 |  |

| Hire purchase contracts (see note 10) | 39,162 |  | 5,222 |  |

564,133 |  | 536,885 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 315,494 |  | 369,696 |  |

10. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

| 30.4.25 |  | 30.4.24 |

£ | £ |

| Net obligations repayable:

| Within one year | 13,918 |  | 18,763 |  |

| Between one and five years | 39,162 |  | 5,222 |  |

53,080 |  | 23,985 |  |

| Non-cancellable |

| operating leases |

| 30.4.25 |  | 30.4.24

£ | £ |

| Within one year | 54,417 |  | 39,622 |  |

| Between one and five years | 84,320 |  | 39,137 |  |

| In more than five years | 158,220 |  | - |  |

296,957 |  | 78,759 |  |

| I M SMILE LIMITED (REGISTERED NUMBER: 07212024) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

11. | SECURED DEBTS

| The following secured debts are included within creditors:

| 30.4.25 |  | 30.4.24

£ | £ |

| Bank loans | 598,696 |  | 592,253 |  |

| Hire purchase contracts | 53,080 |  | 23,985 |  |

651,776 |  | 616,238 |  |

12. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 30.4.25 |  | 30.4.24

| value: | £ | £ |

| 100 | A Ordinary | £1 | 100 |  | 100 |  |

| 1 | B Ordinary | £1 | 1 |  | 1 |  |

101 |  | 101 |  |

| A Ordinary shares are full voting shares (one vote per share) with full rights to distributions on winding up.

| B Ordinary shares are non-voting shares with no rights to distributions on winding up.

13. | RESERVES

| Retained |  | Merger |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 May 2024 | 254,682 |  | - |  | 254,682 |  |

| Profit for the year | 192,754 |  | 192,754 |  |

| Dividends | (230,184 | ) | (230,184 | ) |

| Reserves arising on hive up | - |  | 86,135 |  | 86,135 |  |

| At 30 April 2025 | 217,252 |  | 86,135 |  | 303,387 |  |