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Registered number: 11892519
Bishop's Cleeve Smile Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 29 March 2025
Hive Accountancy Ltd
The Innovation Centre
Treliske
Truro
Cornwall
TR1 3FF
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 11892519
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 365,861 441,562
365,861 441,562
CURRENT ASSETS
Stocks 8,000 20,000
Debtors 133,643 82,746
Cash at bank and in hand 8,393 81,532
150,036 184,278
Creditors: Amounts Falling Due Within One Year (304,910 ) (338,065 )
NET CURRENT ASSETS (LIABILITIES) (154,874 ) (153,787 )
TOTAL ASSETS LESS CURRENT LIABILITIES 210,987 287,775
Creditors: Amounts Falling Due After More Than One Year (254,272 ) (334,339 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (57,709 ) (69,765 )
NET LIABILITIES (100,994 ) (116,329 )
CAPITAL AND RESERVES
Called up share capital 6 300 300
Profit and Loss Account (101,294 ) (116,629 )
SHAREHOLDERS' FUNDS (100,994) (116,329)
Page 1
Page 2
For the year ending 29 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 29 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Dr C Neil
Director
29 April 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Bishop's Cleeve Smile Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11892519 . The registered office is Cotswold House, 37 London Road, Stroud, Gloucestershire, GL5 2AJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006
2.2. Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the period.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 10% straight line
Plant & Machinery 10% straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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Page 4
3. Average Number of Employees
Average number of employees during the year was as follows: NIL (2024: NIL)
- -
4. Tangible Assets
Total
£
Cost
As at 31 March 2024 642,089
Additions 2,497
As at 29 March 2025 644,586
Depreciation
As at 31 March 2024 200,527
Provided during the period 78,198
As at 29 March 2025 278,725
Net Book Value
As at 29 March 2025 365,861
As at 31 March 2024 441,562
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Plant & Machinery 170,779 204,014
5. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 54,369 56,083
Later than one year and not later than five years 57,035 112,885
111,404 168,968
111,404 168,968
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 300 300
7. Going Concern
The company reports a loss for the financial year and consequently has an overdrawn balance sheet. The directors have confirmed that in their opinion, for at least 12 months from the date of approval of the accounts, the company is a going concern and have confirmed their commitment to supporting the business.
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