REGISTERED NUMBER: 07644341 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

SMILE CARE COSMETIC CENTRE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr R Topolski

REGISTERED OFFICE:

130 North Hill

Plymouth

Devon

PL4 8LA

REGISTERED NUMBER:

07644341 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

Lloyds Bank

8 Royal Parade

Plymouth

Devon

PL1 1HB

FIXED ASSETS

Intangible assets

4

39,538

47,446

Tangible assets

5

352,073

286,199

391,611

333,645

CURRENT ASSETS

Stocks

6

5,000

4,000

Debtors

7

3,768

28,915

Cash at bank and in hand

150,033

165,920

158,801

198,835

CREDITORS

Amounts falling due within one year

8

50,605

108,550

NET CURRENT ASSETS

108,196

90,285

TOTAL ASSETS LESS CURRENT LIABILITIES

499,807

423,930

PROVISIONS FOR LIABILITIES

11,919

-

NET ASSETS

487,888

423,930

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

487,688

423,730

SHAREHOLDERS' FUNDS

487,888

423,930

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 October 2026 and were signed by:

Dr R Topolski - Director

1.	STATUTORY INFORMATION

Smile Care Cosmetic Centre Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

158,156

AMORTISATION

At 1 April 2025

110,710

Amortisation for year

7,908

At 31 March 2026

118,618

NET BOOK VALUE

At 31 March 2026

39,538

At 31 March 2025

47,446

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

221,965

287,328

11,091

520,384

Additions

-

90,142

8,571

98,713

At 31 March 2026

221,965

377,470

19,662

619,097

DEPRECIATION

At 1 April 2025

32,052

195,833

6,300

234,185

Charge for year

679

27,245

4,915

32,839

At 31 March 2026

32,731

223,078

11,215

267,024

NET BOOK VALUE

At 31 March 2026

189,234

154,392

8,447

352,073

At 31 March 2025

189,913

91,495

4,791

286,199

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Freehold

property

£

COST

At 1 April 2025

and 31 March 2026

33,965

DEPRECIATION

At 1 April 2025

32,052

Charge for year

679

At 31 March 2026

32,731

NET BOOK VALUE

At 31 March 2026

1,234

At 31 March 2025

1,913

6.

STOCKS

2026

2025

£

£

Stocks

5,000

4,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

-

28,915

Other debtors

3,768

-

3,768

28,915

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

-

46,656

Trade creditors

-

2,220

Tax

15,038

12,657

Social security and other taxes

480

-

Directors' current accounts

31,631

45,017

Accrued expenses

3,456

2,000

50,605

108,550

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

Dr R Topolski

Balance outstanding at start of year

(45,017

)

(1,590

)

Amounts advanced

62,122

9,013

Amounts repaid

(48,736

)

(52,440

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(31,631

)

(45,017

)

Loans are unsecured, interest free and repayable on demand.

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £13,750 (2025 - £10,000) were paid to the director .