SMILECARE (EWELL) LIMITED

SMILECARE (EWELL) LIMITED - Company Information

2021-03-012022-02-282022-02-28false09984804SMILECARE (EWELL) LIMITED2022-11-30iso4217:GBPxbrli:pure099848042021-03-01099848042022-02-28099848042021-03-012022-02-28099848042020-03-01099848042021-02-28099848042020-03-012021-02-2809984804bus:SmallEntities2021-03-012022-02-2809984804bus:AuditExempt-NoAccountantsReport2021-03-012022-02-2809984804bus:FullAccounts2021-03-012022-02-2809984804bus:PrivateLimitedCompanyLtd2021-03-012022-02-2809984804core:WithinOneYear2022-02-2809984804core:AfterOneYear2022-02-2809984804core:WithinOneYear2021-02-2809984804core:AfterOneYear2021-02-2809984804core:ShareCapital2022-02-2809984804core:SharePremium2022-02-2809984804core:RevaluationReserve2022-02-2809984804core:OtherReservesSubtotal2022-02-2809984804core:RetainedEarningsAccumulatedLosses2022-02-2809984804core:ShareCapital2021-02-2809984804core:SharePremium2021-02-2809984804core:RevaluationReserve2021-02-2809984804core:OtherReservesSubtotal2021-02-2809984804core:RetainedEarningsAccumulatedLosses2021-02-2809984804core:LandBuildings2022-02-2809984804core:PlantMachinery2022-02-2809984804core:Vehicles2022-02-2809984804core:FurnitureFittings2022-02-2809984804core:OfficeEquipment2022-02-2809984804core:NetGoodwill2022-02-2809984804core:IntangibleAssetsOtherThanGoodwill2022-02-2809984804core:ListedExchangeTraded2022-02-2809984804core:UnlistedNon-exchangeTraded2022-02-2809984804core:LandBuildings2021-02-2809984804core:PlantMachinery2021-02-2809984804core:Vehicles2021-02-2809984804core:FurnitureFittings2021-02-2809984804core:OfficeEquipment2021-02-2809984804core:NetGoodwill2021-02-2809984804core:IntangibleAssetsOtherThanGoodwill2021-02-2809984804core:ListedExchangeTraded2021-02-2809984804core:UnlistedNon-exchangeTraded2021-02-2809984804core:LandBuildings2021-03-012022-02-2809984804core:PlantMachinery2021-03-012022-02-2809984804core:Vehicles2021-03-012022-02-2809984804core:FurnitureFittings2021-03-012022-02-2809984804core:OfficeEquipment2021-03-012022-02-2809984804core:NetGoodwill2021-03-012022-02-2809984804core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2809984804core:ListedExchangeTraded2021-03-012022-02-2809984804core:UnlistedNon-exchangeTraded2021-03-012022-02-2809984804core:MoreThanFiveYears2021-03-012022-02-2809984804core:Non-currentFinancialInstruments2022-02-2809984804core:Non-currentFinancialInstruments2021-02-2809984804dpl:CostSales2021-03-012022-02-2809984804dpl:DistributionCosts2021-03-012022-02-2809984804dpl:AdministrativeExpenses2021-03-012022-02-2809984804core:LandBuildings2021-03-012022-02-2809984804core:PlantMachinery2021-03-012022-02-2809984804core:Vehicles2021-03-012022-02-2809984804core:FurnitureFittings2021-03-012022-02-2809984804core:OfficeEquipment2021-03-012022-02-2809984804core:NetGoodwill2021-03-012022-02-2809984804core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2809984804dpl:GroupUndertakings2021-03-012022-02-2809984804dpl:ParticipatingInterests2021-03-012022-02-2809984804dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-02-2809984804core:ListedExchangeTraded2021-03-012022-02-2809984804dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-02-2809984804core:UnlistedNon-exchangeTraded2021-03-012022-02-2809984804dpl:CostSales2020-03-012021-02-2809984804dpl:DistributionCosts2020-03-012021-02-2809984804dpl:AdministrativeExpenses2020-03-012021-02-2809984804core:LandBuildings2020-03-012021-02-2809984804core:PlantMachinery2020-03-012021-02-2809984804core:Vehicles2020-03-012021-02-2809984804core:FurnitureFittings2020-03-012021-02-2809984804core:OfficeEquipment2020-03-012021-02-2809984804core:NetGoodwill2020-03-012021-02-2809984804core:IntangibleAssetsOtherThanGoodwill2020-03-012021-02-2809984804dpl:GroupUndertakings2020-03-012021-02-2809984804dpl:ParticipatingInterests2020-03-012021-02-2809984804dpl:GroupUndertakingscore:ListedExchangeTraded2020-03-012021-02-2809984804core:ListedExchangeTraded2020-03-012021-02-2809984804dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-03-012021-02-2809984804core:UnlistedNon-exchangeTraded2020-03-012021-02-2809984804core:NetGoodwill2022-02-2809984804core:IntangibleAssetsOtherThanGoodwill2022-02-2809984804core:LandBuildings2022-02-2809984804core:PlantMachinery2022-02-2809984804core:Vehicles2022-02-2809984804core:FurnitureFittings2022-02-2809984804core:OfficeEquipment2022-02-2809984804core:AfterOneYear2022-02-2809984804core:WithinOneYear2022-02-2809984804core:ListedExchangeTraded2022-02-2809984804core:UnlistedNon-exchangeTraded2022-02-2809984804core:ShareCapital2022-02-2809984804core:SharePremium2022-02-2809984804core:RevaluationReserve2022-02-2809984804core:OtherReservesSubtotal2022-02-2809984804core:RetainedEarningsAccumulatedLosses2022-02-2809984804core:NetGoodwill2021-02-2809984804core:IntangibleAssetsOtherThanGoodwill2021-02-2809984804core:LandBuildings2021-02-2809984804core:PlantMachinery2021-02-2809984804core:Vehicles2021-02-2809984804core:FurnitureFittings2021-02-2809984804core:OfficeEquipment2021-02-2809984804core:AfterOneYear2021-02-2809984804core:WithinOneYear2021-02-2809984804core:ListedExchangeTraded2021-02-2809984804core:UnlistedNon-exchangeTraded2021-02-2809984804core:ShareCapital2021-02-2809984804core:SharePremium2021-02-2809984804core:RevaluationReserve2021-02-2809984804core:OtherReservesSubtotal2021-02-2809984804core:RetainedEarningsAccumulatedLosses2021-02-2809984804core:NetGoodwill2020-03-0109984804core:IntangibleAssetsOtherThanGoodwill2020-03-0109984804core:LandBuildings2020-03-0109984804core:PlantMachinery2020-03-0109984804core:Vehicles2020-03-0109984804core:FurnitureFittings2020-03-0109984804core:OfficeEquipment2020-03-0109984804core:AfterOneYear2020-03-0109984804core:WithinOneYear2020-03-0109984804core:ListedExchangeTraded2020-03-0109984804core:UnlistedNon-exchangeTraded2020-03-0109984804core:ShareCapital2020-03-0109984804core:SharePremium2020-03-0109984804core:RevaluationReserve2020-03-0109984804core:OtherReservesSubtotal2020-03-0109984804core:RetainedEarningsAccumulatedLosses2020-03-0109984804core:AfterOneYear2021-03-012022-02-2809984804core:WithinOneYear2021-03-012022-02-2809984804core:Non-currentFinancialInstrumentscore:CostValuation2021-03-012022-02-2809984804core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2021-03-012022-02-2809984804core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2021-03-012022-02-2809984804core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2021-03-012022-02-2809984804core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2021-03-012022-02-2809984804core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2021-03-012022-02-2809984804core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2021-03-012022-02-2809984804core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2021-03-012022-02-2809984804core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2021-03-012022-02-2809984804core:Non-currentFinancialInstrumentscore:CostValuation2022-02-2809984804core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-02-2809984804core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-02-2809984804core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-02-2809984804core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-02-2809984804core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-02-2809984804core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-02-2809984804core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-02-2809984804core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-02-2809984804core:Non-currentFinancialInstrumentscore:CostValuation2021-02-2809984804core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2021-02-2809984804core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2021-02-2809984804core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2021-02-2809984804core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2021-02-2809984804core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2021-02-2809984804core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2021-02-2809984804core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2021-02-2809984804core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2021-02-2809984804bus:Director12021-03-012022-02-2809984804bus:Director22021-03-012022-02-2809984804bus:Director32021-03-012022-02-2809984804core:FurnitureFittingsToolsEquipment2021-02-2809984804core:FurnitureFittingsToolsEquipment2022-02-2809984804core:FurnitureFittingsToolsEquipment2021-03-012022-02-28

Registered Number
09984804
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2022

SMILECARE (EWELL) LIMITED

Company Information
for the year from 1 March 2021 to 28 February 2022


Directors	Jagmohan Singh Chawla
	Manmohan Singh Chawla
	Satnam Singh Chawla


Registered Address	2nd Floor Grove House
	55 Lowlands Road
	Harrow
	HA1 3AW


Registered Number	09984804 (England and Wales)

SMILECARE (EWELL) LIMITED

Balance Sheet as at
28 February 2022

	Notes	2022		2021
		£	£	£	£
Fixed assets
Tangible assets	6		31,739		37,339
			31,739		37,339
Current assets
Debtors	8	3,453		-
Cash at bank and on hand		42,853		59,446
		46,306		59,446
Creditors amounts falling due within one year	9	(36,952)		(37,611)
Net current assets (liabilities)			9,354		21,835
Total assets less current liabilities			41,093		59,174
Net assets			41,093		59,174
Capital and reserves
Called up share capital			150,000		150,000
Profit and loss account			(108,907)		(90,826)
Shareholders' funds			41,093		59,174

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.

The financial statements were approved and authorised for issue by the Board of Directors on 30 November 2022, and are signed on its behalf by:

Jagmohan Singh Chawla
Director
Registered Company No. 09984804

SMILECARE (EWELL) LIMITED

Notes to the Financial Statements
for the year ended 28 February 2022

1.	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.

2.	Compliance with applicable reporting framework
	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).

3.	Principal activities
	The company's principal activity during the year continued to be that of dental services.

4.	Accounting policies

	Functional and presentation currency policy
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of
discounts and value added taxes. Turnover includes revenue earned from the sale of goods and
from the rendering of services. Turnover from the sale of goods is recognised when the significant
risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the
rendering of services is recognised by reference to the stage of completion of the contract. The
stage of completion of a contract is measured by comparing the costs incurred for work performed
to date to the total estimated contract costs.

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Fixtures and fittings	15

	Taxation policy
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Valuation of financial instruments policy
	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. Basic financial liabilities Basic financial liabilities, including creditors 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 payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Valuation of financial instruments policy

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.

Basic financial liabilities
Basic financial liabilities, including creditors 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 payments discounted at a market rate of interest. Financial liabilities classified as
payable within one year are not amortised.

5.	Employee information


		2022		2021
	Average number of employees during the year	3		3

6.	Property, plant and equipment

	Fixtures & fittings	Total
	£	£
Cost or valuation
At 01 March 21	71,530	71,530
At 28 February 22	71,530	71,530
Depreciation and impairment
At 01 March 21	34,191	34,191
Charge for year	5,600	5,600
At 28 February 22	39,791	39,791
Net book value
At 28 February 22	31,739	31,739
At 28 February 21	37,339	37,339

7.	Description of nature of transactions and balances with related parties
	Included in other debtors falling due within one year is an amount of £1,760 (2021:Nil) due from Brightsmile Dental Care Ltd, a company connected to the directors. Included in other debtors falling due within one year is an amount of £1,694 (2021:Nil) due from Brightsmile Tadworth, a company connected to the partners. Included in other creditors at the year end is an amount of £35,280 (2021: £36,478) due to the directors.

Description of nature of transactions and balances with related parties

Included in other debtors falling due within one year is an amount of £1,760 (2021:Nil) due from Brightsmile Dental Care Ltd, a company connected to the directors. 

Included in other debtors falling due within one year is an amount of £1,694 (2021:Nil) due from Brightsmile Tadworth, a company connected to the partners.

Included in other creditors at the year end is an amount of £35,280 (2021: £36,478) due to the directors.

8.	Debtors

	2022	2021
	£	£
Other debtors	3,453	-
Total	3,453	-

9.	Creditors within one year

	2022	2021
	£	£
Other creditors	35,280	36,479
Accrued liabilities and deferred income	1,672	1,132
Total	36,952	37,611