REGISTERED NUMBER: 14215487 (England and Wales)

SMILECARE GROUP LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs S O Azenabor

REGISTERED OFFICE:

4 The Oaze

Whitstable

CT5 4TQ

REGISTERED NUMBER:

14215487 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Intangible assets

4

583,190

617,495

Tangible assets

5

351,034

355,098

934,224

972,593

CURRENT ASSETS

Cash at bank

3

10,023

CREDITORS

Amounts falling due within one year

6

776,029

798,745

NET CURRENT LIABILITIES

(776,026

)

(788,722

)

TOTAL ASSETS LESS CURRENT LIABILITIES

158,198

183,871

CREDITORS

Amounts falling due after more than one year

7

121,219

122,029

NET ASSETS

36,979

61,842

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

36,879

61,742

36,979

61,842

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 1 October 2025 and were signed by:

Mrs S O Azenabor - Director

1.	STATUTORY INFORMATION

Smilecare Group 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of twenty 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.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixture & Fittings

-

25% on reducing balance

Computer equipment

-

33% on 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.

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

686,106

AMORTISATION

At 1 August 2024

68,611

Amortisation for year

34,305

At 31 July 2025

102,916

NET BOOK VALUE

At 31 July 2025

583,190

At 31 July 2024

617,495

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Fixture &

Computer

property

machinery

Fittings

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

252,427

140,795

8,398

4,095

405,715

Additions

-

29,299

359

522

30,180

At 31 July 2025

252,427

170,094

8,757

4,617

435,895

DEPRECIATION

At 1 August 2024

10,097

35,199

3,727

1,594

50,617

Charge for year

5,049

26,399

1,257

1,539

34,244

At 31 July 2025

15,146

61,598

4,984

3,133

84,861

NET BOOK VALUE

At 31 July 2025

237,281

108,496

3,773

1,484

351,034

At 31 July 2024

242,330

105,596

4,671

2,501

355,098

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

730,365

788,882

Hire purchase contracts

318

-

Corporation Tax

40,475

7,728

Social security and other taxes

2,537

577

Pension

(220

)

-

Directors' current accounts

1,116

121

Accrued expenses

1,438

1,437

776,029

798,745

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

121,219

122,029