Company Registration No. 08040505 (England and Wales)
WESTWOOD SMILE CARE LTD
Unaudited accounts
for the year ended 31 March 2023
WESTWOOD SMILE CARE LTD
Unaudited accounts
Contents
WESTWOOD SMILE CARE LTD
Company Information
for the year ended 31 March 2023
Company Number
08040505 (England and Wales)
Registered Office
29 LONDON ROAD
SLOUGH
SL3 7RP
ENGLAND
Accountants
Tanners Tax Accountants
Steward House
14 Commercial Way
Woking
Surrey
GU21 6ET
WESTWOOD SMILE CARE LTD
Statement of financial position
as at 31 March 2023
Intangible assets
-
48,500
Tangible assets
159,960
170,813
Cash at bank and in hand
161,703
180,914
Creditors: amounts falling due within one year
(198,002)
(221,983)
Net current liabilities
(2,037)
(6,428)
Total assets less current liabilities
197,923
212,885
Creditors: amounts falling due after more than one year
(36,964)
(69,267)
Provisions for liabilities
Deferred tax
(26,057)
(27,446)
Net assets
134,902
116,172
Called up share capital
2
2
Profit and loss account
134,900
116,170
Shareholders' funds
134,902
116,172
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 November 2023 and were signed on its behalf by
Amandeep Ruprah
Director
Company Registration No. 08040505
WESTWOOD SMILE CARE LTD
Notes to the Accounts
for the year ended 31 March 2023
WESTWOOD SMILE CARE LTD is a private company, limited by shares, registered in England and Wales, registration number 08040505. The registered office is 29 LONDON ROAD, SLOUGH, SL3 7RP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Intangible fixed assets - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% on cost
Plant & machinery
20%/10% on cost
Fixtures & fittings
25% on cost
Computer equipment
20% on cost
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Investments in shares are included at fair value.
WESTWOOD SMILE CARE LTD
Notes to the Accounts
for the year ended 31 March 2023
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Intangible fixed assets
Goodwill
Charge for the year
48,500
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2022
96,431
129,286
5,089
13,158
243,964
Additions
-
14,634
2,299
-
16,933
At 31 March 2023
96,431
143,920
7,388
13,158
260,897
At 1 April 2022
24,750
41,604
3,589
3,208
73,151
Charge for the year
9,644
14,441
1,118
2,583
27,786
At 31 March 2023
34,394
56,045
4,707
5,791
100,937
At 31 March 2023
62,037
87,875
2,681
7,367
159,960
At 31 March 2022
71,681
87,682
1,500
9,950
170,813
WESTWOOD SMILE CARE LTD
Notes to the Accounts
for the year ended 31 March 2023
6
Investments
Other investments
Valuation at 1 April 2022
-
Valuation at 31 March 2023
40,000
Amounts falling due within one year
Trade debtors
25,729
26,966
Accrued income and prepayments
-
550
8
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
22,303
21,276
Trade creditors
10,119
1,732
Amounts owed to group undertakings and other participating interests
123,279
170,052
Taxes and social security
11,996
5,331
Other creditors
6,364
1,139
Loans from directors
-
1,919
9
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
15,297
37,600
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
11
Average number of employees
During the year the average number of employees was 9 (2022: 9).
