2014-04-01
true
false
Private Limited Company
06897582
2015-03-31
06897582
2014-04-01
2015-03-31
06897582
2014-03-31
06897582
2013-04-01
2014-03-31
06897582
uk-bus:Director1
2014-04-01
2015-03-31
06897582
uk-gaap:AfterOneYear
2014-03-31
06897582
uk-bus:OrdinaryShareClass1
2015-03-31
iso4217:GBP
For the year ended 31 March 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06897582
2
Smile Solution Limited
For the year ended 31 March 2015
1
Balance Sheet
2 to 3
Notes to the Abbreviated Financial Statements
3
| Abbreviated Balance Sheet |
Smile Solution Limited
2015
2014
2
211,943
423,886
3
70,093
58,584
282,036
482,470
58,662
60,656
12,686
12,686
19,034
13,177
92,376
84,525
| Creditors: amounts falling due within one year |
(272,027)
(278,561)
(187,502)
(186,185)
Net current liabilities
| Total assets less current liabilities |
95,851
294,968
| Creditors: amounts falling due after more than one year |
4
(165,714)
(80,358)
15,493
Net assets
129,254
3
5
3
15,490
129,251
15,493
129,254
Shareholders funds
| For the year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
| Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; |
| 2) 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. |
| Date approved by the board: 09 December 2015 |
| Signed on behalf of the board of directors |
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4
| Notes to the Abbreviated Financial Statements |
For the year ended 31 March 2015
Smile Solution Limited
| The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
| Finance lease and hire purchase charges |
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
| 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 5 years. |
| 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: Plant&Machinery 25% reducing balance |
| Assets on finance lease and hire purchase |
| Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and |
| rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets |
| and depreciated over the shorter of the lease term and their estimated expected useful lives. |
| Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods. |
| 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. |
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5
| Notes to the Abbreviated Financial Statements |
For the year ended 31 March 2015
Smile Solution Limited
| 2 Intangible fixed assets |
1,096,698
1,096,698
672,812
211,943
Charge for year
884,755
211,943
423,886
146,860
34,873
181,733
88,276
23,364
Charge for year
111,640
70,093
58,584
2014
2015
| 4 Creditors due after more than one year |
76,900
157,196
| Allotted called up and fully paid |
2015
2014
| 3 Ordinary shares of £1.00 each |
3
3
3
3
3 of 3
