Company registration number 14230137 (England and Wales)
SMMMILE NEWCASTLE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
SMMMILE NEWCASTLE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
SMMMILE NEWCASTLE LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
16
-
0
Current assets
Stocks
1,050
-
Debtors
4
487,368
-
0
Cash at bank and in hand
106,179
-
0
594,597
-
0
Creditors: amounts falling due within one year
5
(412,304)
(23,276)
Net current assets/(liabilities)
182,293
(23,276)
Net assets/(liabilities)
182,309
(23,276)
Capital and reserves
Called up share capital
10
10
Share premium account
39,999
39,999
Profit and loss reserves
142,300
(63,285)
Total equity
182,309
(23,276)

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 24 May 2026 and are signed on its behalf by:
R Pascaud
Director
Company registration number 14230137 (England and Wales)
SMMMILE NEWCASTLE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

Smmmile Newcastle Limited is a private company limited by shares and incorporated in England and Wales, registered number 14230137. The registered office is C/O Forvis Mazars LLP, 3 Wellington Place, Leeds, West Yorkshire, LS1 4AP.

The principal activity of the company is that of dental practice services.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
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.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Office equipment
20% reducing balance

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.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

1.6
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 current liabilities.

SMMMILE NEWCASTLE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 3 -
1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

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.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
5
2
SMMMILE NEWCASTLE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
3
Tangible fixed assets
Office equipment
£
Cost
At 1 January 2025
-
0
Additions
17
At 31 December 2025
17
Depreciation and impairment
At 1 January 2025
-
0
Depreciation charged in the year
1
At 31 December 2025
1
Carrying amount
At 31 December 2025
16
At 31 December 2024
-
0
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
22,189
-
0
Amounts owed by group undertakings
256,263
-
0
Prepayments and accrued income
208,916
-
0
487,368
-
0

Amounts owed by group undertakings are interest free and repayable on demand.

5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
34,831
-
0
Amounts owed to group undertakings
7,152
23,276
Taxation and social security
2,596
-
0
Other creditors
1,846
-
0
Accruals and deferred income
365,879
-
0
412,304
23,276

Amounts owed to group undertakings are interest free and repayable on demand.

SMMMILE NEWCASTLE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
6
Related party transactions

The following amounts were outstanding at the reporting end date:

2025
2024
Amounts due to related parties
£
£
Smmmile Leeds Limited
7,152
7,239
SRKP Limited
-
16,037
2025
2024
Amounts due from related parties
£
£
SRKP Limited
256,263
-
Other information

SRKP Limited maintains all the balance sheet assets and liabilities relating to itself and the subsidiary companies. All bank receipts in respect of turnover for each subsidiary is reflected within the bank balance of SRKP Limited.

During the year the Company recharged operating costs to the subsidiary companies which had a Principal dentist in place as at 31 December 2025. Management charges of £251,063 (2024: £394,222) were charged by SRKP Limited, relating to the recharge of overhead costs incurred within SRKP Limited.

Where turnover is greater than the costs within the subsidiary companies an amount due to the subsidiary from SRKP Limited arises.

Where turnover is less than the costs within the subsidiary companies an amount due from the subsidiary to SRKP Limited arises.

7
Parent company

The ultimate and immediate parent undertaking is SRKP Limited, a company incorporated in England and Wales. The address of it's registered office is C/O Forvis Mazars L LP, 3 Wellington Place, Leeds, LS1 4AP.

2025-12-31 2025-01-01 false false false 26 May 2026 CCH Software CCH Accounts Production 2026.100 The principal activity of the company is that of dental practice services.S Kumar R Pascaud 14230137 2025-01-01 2025-12-31 14230137 2025-12-31 14230137 2024-12-31 14230137 core:Non-standardPPEClass2ComponentTotalPropertyPlantEquipment 2025-12-31 14230137 core:Non-standardPPEClass2ComponentTotalPropertyPlantEquipment 2024-12-31 14230137 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 14230137 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 14230137 core:WithinOneYear 2025-12-31 14230137 core:WithinOneYear 2024-12-31 14230137 core:ShareCapital 2025-12-31 14230137 core:ShareCapital 2024-12-31 14230137 core:SharePremium 2025-12-31 14230137 core:SharePremium 2024-12-31 14230137 core:RetainedEarningsAccumulatedLosses 2025-12-31 14230137 core:RetainedEarningsAccumulatedLosses 2024-12-31 14230137 bus:Director2 2025-01-01 2025-12-31 14230137 core:Non-standardPPEClass2ComponentTotalPropertyPlantEquipment 2025-01-01 2025-12-31 14230137 2024-01-01 2024-12-31 14230137 core:Non-standardPPEClass2ComponentTotalPropertyPlantEquipment 2024-12-31 14230137 core:CurrentFinancialInstruments 2025-12-31 14230137 core:CurrentFinancialInstruments 2024-12-31 14230137 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-01 2025-12-31 14230137 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 14230137 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 14230137 bus:FRS102 2025-01-01 2025-12-31 14230137 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 14230137 bus:Director1 2025-01-01 2025-12-31 14230137 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP