Company No: SC404919 (Scotland)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	4	425,836		495,837
Tangible assets	5	397,900		303,757
		823,736		799,594
Current assets
Stocks	6	7,120		7,050
Debtors	7	80,942		64,836
Cash at bank and in hand	8	69,573		( 2,236)
		157,635		69,650
Creditors: amounts falling due within one year	9	( 290,144)		( 321,693)
Net current liabilities		(132,509)		(252,043)
Total assets less current liabilities		691,227		547,551
Creditors: amounts falling due after more than one year	10	( 431,744)		( 326,821)
Provision for liabilities	11	( 83,278)		( 58,834)
Net assets		176,205		161,896
Capital and reserves
Called-up share capital	12	150		150
Profit and loss account		176,055		161,746
Total shareholders' funds		176,205		161,896

For the financial year ending 30 September 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Young Smile Dental Care Limited (registered number: SC404919) were approved and authorised for issue by the Director on 28 April 2026. They were signed on its behalf by:

Justin Mark Young Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Young Smile Dental Care Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Unit 1 Haughton Court, Alford, AB33 8DW, Scotland, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Goodwill

Goodwill arises on business combination and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis over its useful economic life, which is [number] years.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	not depreciated
Leasehold improvements	not depreciated
Plant and machinery	4 years straight line
Vehicles	25 % reducing balance
Fixtures and fittings	7 years straight line
Office equipment	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the director is required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the director has made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	15		14

4. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 October 2024	700,004		700,004
At 30 September 2025	700,004		700,004
Accumulated amortisation
At 01 October 2024	204,167		204,167
Charge for the financial year	70,001		70,001
At 30 September 2025	274,168		274,168
Net book value
At 30 September 2025	425,836		425,836
At 30 September 2024	495,837		495,837

5. Tangible assets

	Land and buildings		Leasehold improve- ments		Plant and machinery		Vehicles		Fixtures and fittings		Office equipment		Total
	£		£		£		£		£		£		£
Cost
At 01 October 2024	88,222		67,589		115,622		112,678		3,524		28,409		416,044
Additions	2,141		0		125,616		0		12,893		9,364		150,014
At 30 September 2025	90,363		67,589		241,238		112,678		16,417		37,773		566,058
Accumulated depreciation
At 01 October 2024	0		0		44,638		54,962		565		12,122		112,287
Charge for the financial year	0		0		31,260		14,430		1,610		8,571		55,871
At 30 September 2025	0		0		75,898		69,392		2,175		20,693		168,158
Net book value
At 30 September 2025	90,363		67,589		165,340		43,286		14,242		17,080		397,900
At 30 September 2024	88,222		67,589		70,984		57,716		2,959		16,287		303,757

6. Stocks

	2025		2024
	£		£
Stocks	7,120		7,050

7. Debtors

	2025		2024
	£		£
Trade debtors	71,574		58,177
Prepayments	9,368		6,659
	80,942		64,836

8. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	69,573		( 2,236)

9. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	20,337		46,870
Trade creditors	24,724		21,157
Amounts owed to director	89,129		104,202
Accruals and deferred income	39,728		18,481
Taxation and social security	55,005		45,006
Obligations under finance leases and hire purchase contracts	48,698		73,771
Other creditors	12,523		12,206
	290,144		321,693

10. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured)	295,355		289,157
Obligations under finance leases and hire purchase contracts	136,389		37,664
	431,744		326,821

The Royal Bank of Scotland hold a floating charge over the whole assets of the company.

11. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 58,834)		0
Charged to the Profit and Loss Account	( 24,444)		( 58,834)
At the end of financial year	( 83,278)		( 58,834)

12. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 A ordinary shares of £ 1.00 each	100		100
50 B ordinary shares of £ 1.00 each	50		50
	150		150

13. Related party transactions

Transactions with the entity's director

	2025		2024
	£		£
Amounts owed to directors	89,129		104,201