Just Smile KL Limited

Just Smile KL Limited
Statement of Financial Position
As at 30 November 2025

	2025		2024
	£	£	£	£
Fixed assets		140,322		156,421
Current assets	43,520		42,329
Prepayments and accrued income	267		1,123
Creditors: amount falling due within one year	(13,245)		(20,371)
Net current assets		30,542		23,081
Total assets less current liabilities		170,864		179,502
Creditors: amount falling due after more than one year		0		(2,350)
Net assets		170,864		177,152


Capital and reserves		170,864		177,152

NOTES TO THE ACCOUNTS

General Information

Just Smile KL Limited is a private company, limited by shares, registered in England and Wales, registration number 13438172, registration address Flat 1 Sandpiper House, Leete Way, West Winch , King's Lynn, PE33 0ST.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	20% Reducing Balance
Computer Equipment	33.33% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 December 2024	202,757	202,757
Additions	-	-
Disposals	-	-
At 30 November 2025	202,757	202,757
Amortisation
At 01 December 2024	54,947	54,947
Charge for year	26,156	26,156
On disposals	-	-
At 30 November 2025	81,103	81,103
Net book values
At 30 November 2025	121,654	121,654
At 30 November 2024	147,810	147,810

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 December 2024	13,221	4,517	17,738
Additions	10,930	4,815	15,745
Disposals	-	-	-
At 30 November 2025	24,151	9,332	33,483
Depreciation
At 01 December 2024	6,080	3,047	9,127
Charge for year	3,614	2,074	5,688
On disposals	-	-	-
At 30 November 2025	9,694	5,121	14,815
Net book values
Closing balance as at 30 November 2025	14,457	4,211	18,668
Opening balance as at 01 December 2024	7,141	1,470	8,611

4.	Average number of employees Average number of employees during the year was 5 (2024 : 3).

5.	Related Party Transaction As at period ended 30th November 2025 company has advanced £31,920 (2024: £30,420) to Lynn Property Solutions Ltd. registration number 10674152 Both companies are owned by same directors.

Director loan

As at the balance sheet date, the director has advanced the company hence company owes the director £1,516 (2025) & comparatively £541 (2024). The directors have confirmed that this balance is fully repayable on demand, constitutes a short-term liability, and is appropriately disclosed under creditors in accordance with applicable UK GAAP

For the year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
The members have not required the company to obtain an audit of its accounts 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 accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 26 June 2026 and were signed on its behalf by:

--------------------------------
Andrew Egan
Director

Registered Number: 13438172
England and Wales
JUST SMILE KL LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 December 2024 End date: 30 November 2025