Smile Care (Holdings) Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08612662 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Smile Care (Holdings) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Dr J S Dhariwal

REGISTERED OFFICE:

24 High Street

Slough

SL1 1EQ

REGISTERED NUMBER:

08612662 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

FIXED ASSETS

Tangible assets

2

26,470

-

Investments

3

311

310

26,781

310

CURRENT ASSETS

Debtors

586,830

31,671

Cash at bank

2,441

-

589,271

31,671

CREDITORS

Amounts falling due within one year

4

590,033

31,814

NET CURRENT LIABILITIES

(762

)

(143

)

TOTAL ASSETS LESS CURRENT LIABILITIES

26,019

167

CREDITORS

Amounts falling due after more than one year

4

24,283

-

NET ASSETS

1,736

167

CAPITAL AND RESERVES

Called up share capital

5

1

1

Profit and loss account

1,735

166

SHAREHOLDERS' FUNDS

1,736

167

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 19 December 2016 and were signed by:

Dr J S Dhariwal - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Preparation of consolidated financial statements

The financial statements contain information about Smile Care (Holdings) Ltd as an individual company and do

not contain consolidated financial information as the parent of a group. The company has taken the option under

Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

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.

Plant and machinery etc

-

20% on reducing balance

Deferred tax

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

sheet date.

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 the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any impairment.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

33,291

At 31 March 2016

33,291

DEPRECIATION

Charge for year

6,821

At 31 March 2016

6,821

NET BOOK VALUE

At 31 March 2016

26,470

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

310

Additions

1

At 31 March 2016

311

NET BOOK VALUE

At 31 March 2016

311

At 31 March 2015

310

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Smile Care Slough 24 Limited

Nature of business: Dental surgery

%

Class of shares:

holding

Ordinary

100.00

31.3.16

31.3.15

£

£

Aggregate capital and reserves

1,797,613

1,645,129

Profit for the year

234,645

45,830

Smile Care Cippenham Limited

Nature of business: Dental surgery

%

Class of shares:

holding

Ordinary

100.00

31.3.16

31.3.15

£

£

Aggregate capital and reserves

110,834

78,604

Profit for the year

52,467

37,537

Smile Care Dorset Limited

Nature of business: Dental surgery

%

Class of shares:

holding

Ordinary

100.00

31.3.16

31.3.15

£

£

Aggregate capital and reserves

(169,127

)

(109,408

)

(Loss)/profit for the year

(59,720

)

1,571

Smile Care Paignton Limited

Nature of business: Dental surgery

%

Class of shares:

holding

Ordinary

100.00

31.3.16

31.3.15

£

£

Aggregate capital and reserves

137,421

133,409

Profit for the year

62,778

35,890

Smile Care Plymouth Limited

Nature of business: Dental surgery

%

Class of shares:

holding

Ordinary

100.00

31.3.16

31.3.15

£

£

Aggregate capital and reserves

76,264

53,130

Profit for the year

51,868

11,439

Smile Care Salford Limited

Nature of business: Dental surgery

%

Class of shares:

holding

Ordinary

100.00

31.3.16

31.3.15

£

£

Aggregate capital and reserves

174,000

156,832

Profit for the year

47,938

58,599

Smile Care Slough Limited

Nature of business: Dental surgery

%

Class of shares:

holding

Ordinary

100.00

31.3.16

31.3.15

£

£

Aggregate capital and reserves

144,077

74,008

Profit for the year

104,398

37,854

Smile Care Swindon Limited

Nature of business: Dental surgery

%

Class of shares:

holding

Ordinary

100.00

31.3.16

31.3.15

£

£

Aggregate capital and reserves

(12,441

)

11,301

(Loss)/profit for the year

(23,742

)

37,189

Smile Care Twyford Limited

Nature of business: Dental surgery

%

Class of shares:

holding

Ordinary

50.00

31.3.16

31.3.15

£

£

Aggregate capital and reserves

(132,169

)

(112,747

)

Loss for the year

(19,424

)

(54,752

)

Smile Care (Cornwall) Limited

Nature of business: Dental surgery

%

Class of shares:

holding

Ordinary

100.00

31.3.16

31.3.15

£

£

Aggregate capital and reserves

14,417

100

Profit for the year

14,317

-

Smile Care (Plymouth City) Limited

Nature of business: Dental surgery

%

Class of shares:

holding

Ordinary

100.00

31.3.16

31.3.15

£

£

Aggregate capital and reserves

(64,380

)

(34,679

)

Loss for the year

(29,701

)

(34,779

)

JVD Enterprises Limited

Nature of business: Dental surgery

%

Class of shares:

holding

Ordinary

100.00

31.3.16

31.3.15

£

£

Aggregate capital and reserves

(6,545

)

1

Loss for the year

(6,546

)

-

4.

CREDITORS

Creditors include an amount of £ 28,041 for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

1

Ordinary

£1

1

1