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core:OtherReservesSubtotal 2025-03-31 05479912 core:RetainedEarningsAccumulatedLosses 2025-03-31 05479912 core:LandBuildings 2026-03-31 05479912 core:PlantMachinery 2026-03-31 05479912 core:Vehicles 2026-03-31 05479912 core:FurnitureFittings 2026-03-31 05479912 core:OfficeEquipment 2026-03-31 05479912 core:NetGoodwill 2026-03-31 05479912 core:IntangibleAssetsOtherThanGoodwill 2026-03-31 05479912 core:ListedExchangeTraded 2026-03-31 05479912 core:UnlistedNon-exchangeTraded 2026-03-31 05479912 core:LandBuildings 2025-03-31 05479912 core:PlantMachinery 2025-03-31 05479912 core:Vehicles 2025-03-31 05479912 core:FurnitureFittings 2025-03-31 05479912 core:OfficeEquipment 2025-03-31 05479912 core:NetGoodwill 2025-03-31 05479912 core:IntangibleAssetsOtherThanGoodwill 2025-03-31 05479912 core:ListedExchangeTraded 2025-03-31 05479912 core:UnlistedNon-exchangeTraded 2025-03-31 05479912 core:LandBuildings 2025-04-01 2026-03-31 05479912 core:PlantMachinery 2025-04-01 2026-03-31 05479912 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2026-03-31 05479912 core:IntangibleAssetsOtherThanGoodwill 2025-04-01 2026-03-31 05479912 dpl:GroupUndertakings 2025-04-01 2026-03-31 05479912 dpl:ParticipatingInterests 2025-04-01 2026-03-31 05479912 dpl:GroupUndertakings core:ListedExchangeTraded 2025-04-01 2026-03-31 05479912 core:ListedExchangeTraded 2025-04-01 2026-03-31 05479912 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2025-04-01 2026-03-31 05479912 core:UnlistedNon-exchangeTraded 2025-04-01 2026-03-31 05479912 dpl:CostSales 2024-04-01 2025-03-31 05479912 dpl:DistributionCosts 2024-04-01 2025-03-31 05479912 core:LandBuildings 2024-04-01 2025-03-31 05479912 core:PlantMachinery 2024-04-01 2025-03-31 05479912 core:Vehicles 2024-04-01 2025-03-31 05479912 core:FurnitureFittings 2024-04-01 2025-03-31 05479912 core:OfficeEquipment 2024-04-01 2025-03-31 05479912 dpl:AdministrativeExpenses 2024-04-01 2025-03-31 05479912 core:NetGoodwill 2024-04-01 2025-03-31 05479912 core:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 05479912 dpl:GroupUndertakings 2024-04-01 2025-03-31 05479912 dpl:ParticipatingInterests 2024-04-01 2025-03-31 05479912 dpl:GroupUndertakings core:ListedExchangeTraded 2024-04-01 2025-03-31 05479912 core:ListedExchangeTraded 2024-04-01 2025-03-31 05479912 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-04-01 2025-03-31 05479912 core:UnlistedNon-exchangeTraded 2024-04-01 2025-03-31 05479912 core:NetGoodwill 2026-03-31 05479912 core:IntangibleAssetsOtherThanGoodwill 2026-03-31 05479912 core:LandBuildings 2026-03-31 05479912 core:PlantMachinery 2026-03-31 05479912 core:Vehicles 2026-03-31 05479912 core:FurnitureFittings 2026-03-31 05479912 core:OfficeEquipment 2026-03-31 05479912 core:AfterOneYear 2026-03-31 05479912 core:WithinOneYear 2026-03-31 05479912 core:ListedExchangeTraded 2026-03-31 05479912 core:UnlistedNon-exchangeTraded 2026-03-31 05479912 core:ShareCapital 2026-03-31 05479912 core:SharePremium 2026-03-31 05479912 core:RevaluationReserve 2026-03-31 05479912 core:OtherReservesSubtotal 2026-03-31 05479912 core:RetainedEarningsAccumulatedLosses 2026-03-31 05479912 core:NetGoodwill 2025-03-31 05479912 core:IntangibleAssetsOtherThanGoodwill 2025-03-31 05479912 core:LandBuildings 2025-03-31 05479912 core:PlantMachinery 2025-03-31 05479912 core:Vehicles 2025-03-31 05479912 core:FurnitureFittings 2025-03-31 05479912 core:OfficeEquipment 2025-03-31 05479912 core:AfterOneYear 2025-03-31 05479912 core:WithinOneYear 2025-03-31 05479912 core:ListedExchangeTraded 2025-03-31 05479912 core:UnlistedNon-exchangeTraded 2025-03-31 05479912 core:ShareCapital 2025-03-31 05479912 core:SharePremium 2025-03-31 05479912 core:RevaluationReserve 2025-03-31 05479912 core:OtherReservesSubtotal 2025-03-31 05479912 core:RetainedEarningsAccumulatedLosses 2025-03-31 05479912 core:NetGoodwill 2024-03-31 05479912 core:IntangibleAssetsOtherThanGoodwill 2024-03-31 05479912 core:LandBuildings 2024-03-31 05479912 core:PlantMachinery 2024-03-31 05479912 core:Vehicles 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SMILE BY DESIGN LIMITED

Registered Number
05479912
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2026

SMILE BY DESIGN LIMITED
Company Information
for the year from 1 April 2025 to 31 March 2026

Directors | Dr Jonathan O'Dwyer
| Dr David Tinsley

Registered Address | Chesterfield Orthodontics
| South Place
| Chesterfield
| S40 1SZ

Registered Number | 05479912 (England and Wales)

SMILE BY DESIGN LIMITED
Statement of Financial Position
31 March 2026

| Notes | 2026 |  | 2025
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Intangible assets | 3 |  |  | 555,287 |  |  |  | 555,287
Tangible assets | 4 |  |  | 107,912 |  |  |  | 701,553
|  |  |  | 663,199 |  |  |  | 1,256,840
Current assets |  |  |  |  |  |  |  |
Stocks | 5 | 22,497 |  |  |  | 77,720 |  |
Debtors |  | 421,805 |  |  |  | 372,642 |  |
Cash at bank and on hand |  | 193,707 |  |  |  | 237,243 |  |
|  | 638,009 |  |  |  | 687,605 |  |
Creditors amounts falling due within one year | 6 | (658,183) |  |  |  | (640,638) |  |
Net current assets (liabilities) |  |  |  | (20,174) |  |  |  | 46,967
Total assets less current liabilities |  |  |  | 643,025 |  |  |  | 1,303,807
Creditors amounts falling due after one year | 7 |  |  | (53,853) |  |  |  | (132,964)
Provisions for liabilities | 9 |  |  | (12,200) |  |  |  | (15,735)
Net assets |  |  |  | 576,972 |  |  |  | 1,155,108
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 1 |  |  |  | 1
Revaluation reserve |  |  |  | 18,917 |  |  |  | 18,917
Profit and loss account |  |  |  | 558,054 |  |  |  | 1,136,190
Shareholders' funds |  |  |  | 576,972 |  |  |  | 1,155,108

- The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
- The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
- The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
- These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 15 July 2026, and are signed on its behalf by:
Dr David Tinsley Director
Dr Jonathan O'Dwyer Director Registered Company No. 05479912

SMILE BY DESIGN LIMITED
Notes to the Financial Statements
for the year ended 31 March 2026

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| Statement of compliance
--- | ---
| The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

| Basis of preparation
--- | ---
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

| Functional and presentation currency
--- | ---
| The financial statements are presented in sterling, which is the functional currency of the entity.

| Going concern
--- | ---
| The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

| Turnover policy
--- | ---
| The revenue shown in the profit and loss account represents income receivable from dental treatments carried out during the period. Revenue in respect of dental treatment uncompleted at the year-end date is recognised by reference to the stage of completion.

| Employee benefits
--- | ---
| Contributions to defined contribution plans are expensed in the period to which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

| Deferred tax
--- | ---
| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

| Intangible assets
--- | ---
| Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over it's useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

| Tangible fixed assets and depreciation
--- | ---
| Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

|  | Reducing balance (%)
| Plant and machinery | 15
| Vehicles | 25
| Office Equipment | 25

| Finance leases and hire purchase contracts
--- | ---
| Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

| Stocks and work in progress
--- | ---
| Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

| Government grants or assistance
--- | ---
| Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model and the performance model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset. Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

2. | Average number of employees
--- | ---

|  | 2026 |  | 2025
| Average number of employees during the year | 33 |  | 27

3. | Intangible assets
--- | ---

|  | Goodwill |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 April 25 | 1,750,000 |  | 1,750,000
| At 31 March 26 | 1,750,000 |  | 1,750,000
| Amortisation and impairment
| At 01 April 25 | 1,194,713 |  | 1,194,713
| At 31 March 26 | 1,194,713 |  | 1,194,713
| Net book value
| At 31 March 26 | 555,287 |  | 555,287
| At 31 March 25 | 555,287 |  | 555,287

4. | Tangible fixed assets
--- | ---

|  | Land & buildings |  | Plant & machinery |  | Vehicles |  | Fixtures & fittings |  | Office Equipment |  | Total
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £ |  | £ |  | £
| Cost or valuation
| At 01 April 25 | 652,100 |  | 32,800 |  | 126,845 |  | 175,453 |  | 17,734 |  | 1,004,932
| Disposals | (652,100) |  | - |  | - |  | - |  | - |  | (652,100)
| At 31 March 26 | - |  | 32,800 |  | 126,845 |  | 175,453 |  | 17,734 |  | 352,832
| Depreciation and impairment
| At 01 April 25 | 91,727 |  | 18,482 |  | 55,495 |  | 124,499 |  | 13,176 |  | 303,379
| Charge for year | - |  | 3,329 |  | 17,837 |  | 10,832 |  | 1,270 |  | 33,268
| On disposals | (91,727) |  | - |  | - |  | - |  | - |  | (91,727)
| At 31 March 26 | - |  | 21,811 |  | 73,332 |  | 135,331 |  | 14,446 |  | 244,920
| Net book value
| At 31 March 26 | - |  | 10,989 |  | 53,513 |  | 40,122 |  | 3,288 |  | 107,912
| At 31 March 25 | 560,373 |  | 14,318 |  | 71,350 |  | 50,954 |  | 4,558 |  | 701,553

5. | Stocks
--- | ---

|  | 2026 |  | 2025
--- | --- | --- | --- | ---
|  | £ |  | £
| Raw materials and consumables | 22,497 |  | 77,720
| Total | 22,497 |  | 77,720

6. | Creditors: amounts due within one year
--- | ---

|  | 2026 |  | 2025
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 50,666 |  | 42,533
| Amounts owed to related parties | 150,959 |  | -
| Taxation and social security | 42,385 |  | 223,513
| Finance lease and HP contracts | 77,251 |  | 16,676
| Other creditors | 5,756 |  | 5,381
| Accrued liabilities and deferred income | 331,166 |  | 352,535
| Total | 658,183 |  | 640,638

7. | Creditors: amounts due after one year
--- | ---

|  | 2026 |  | 2025
--- | --- | --- | --- | ---
|  | £ |  | £
| Other creditors | 53,853 |  | 132,964
| Total | 53,853 |  | 132,964

8. | Obligations under finance leases
--- | ---

|  | 2026 |  | 2025
--- | --- | --- | --- | ---
|  | £ |  | £
| Finance lease and HP contracts | 77,251 |  | 93,927

9. | Provisions for liabilities
--- | ---

|  | 2026 |  | 2025
--- | --- | --- | --- | ---
|  | £ |  | £
| Net deferred tax liability (asset) | 12,200 |  | 15,735
| Total | 12,200 |  | 15,735