Smile Kitchens Limited

(Registration number: 12417876)
Abridged Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	19,353	34,685
Tangible assets	5	138,382	13,923
		157,735	48,608
Current assets
Stocks	6	35,000	-
Debtors		212,305	315,996
Cash at bank and in hand		95,945	179,673
		343,250	495,669
Creditors: Amounts falling due within one year		(2,355,737)	(536,272)
Net current liabilities		(2,012,487)	(40,603)
Net (liabilities)/assets		(1,854,752)	8,005
Capital and reserves
Called up share capital		2,950,000	2,950,000
Retained earnings		(4,804,752)	(2,941,995)
Shareholders' (deficit)/funds		(1,854,752)	8,005

For the financial year ending 31 January 2026 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 October 2026, and confirmed on the Board's behalf by:
 

CJ Hopkinson Director

Smile Kitchens Limited

Notes to the Unaudited Abridged Financial Accounts for the
Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales and the company's registration number is 12417876. The registered office address is Stanmore House, 64-68 Blackburn Street, Radcliffe, Manchester, M26 2JS.

These financial statements were authorised for issue by the Board on 21 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial accounts are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial accounts have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial accounts have been prepared on a going concern basis

Turnover

Turnover represents the invoiced value of goods and services supplied in the year, net of Value Added Tax, recognised on delivery or provision respectively.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Depreciation method and rate for Tangible assets
Asset class	Depreciation method and rate
Fixtures and Fittings	33.3% straight line method
Office Equipment	33.3% straight line method
Motor Vehicles	33.3% straight line method

Intangible assets

Intangible assets are stated in the balance sheet at cost, less any subsequent accumulated amortisation.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Website Design and Development	33.3% straight line method

Smile Kitchens Limited

Notes to the Unaudited Abridged Financial Accounts for the
Year Ended 31 January 2026

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress 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. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 33 (2025 - 19).

4	Intangible assets

	Total £
Cost or valuation
At 1 February 2025	265,897
Additions	19,750
At 31 January 2026	285,647
Amortisation
At 1 February 2025	231,212
Amortisation charge	35,082
At 31 January 2026	266,294
Carrying amount
At 31 January 2026	19,353
At 31 January 2025	34,685

Smile Kitchens Limited

Notes to the Unaudited Abridged Financial Accounts for the
Year Ended 31 January 2026

5	Tangible assets

	Total £
Cost or valuation
At 1 February 2025	49,008
Additions	168,654
At 31 January 2026	217,662
Depreciation
At 1 February 2025	35,085
Charge for the year	44,195
At 31 January 2026	79,280
Carrying amount
At 31 January 2026	138,382
At 31 January 2025	13,923

6

Stocks

	2026 £	2025 £
Kitchen stock	35,000	-

7	Financial commitments, guarantees and contingencies

Amounts disclosed in the balance sheet

Included in the balance sheet are employer pension contributions paid after date of £3,857 (2025 - £2,265).