Company Registration No. 13053010 (England and Wales)
Smith Housing Limited
Unaudited accounts
for the year ended 30 November 2021
Smith Housing Limited
Unaudited accounts
Contents
Smith Housing Limited
Company Information
for the year ended 30 November 2021
Directors
Adrian Grant Smith
Lyndsey Elizabeth Smith
Company Number
13053010 (England and Wales)
Registered Office
UNIT 18 COOPIES HAUGH
COOPIES LANE
MORPETH
NE61 6JN
UNITED KINGDOM
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
Smith Housing Limited
Accountants' report
Accountants' report to the board of directors of Smith Housing Limited on the preparation of the unaudited statutory accounts for the year ended 30 November 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Smith Housing Limited for the year ended
30 November 2021 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Smith Housing Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Smith Housing Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Smith Housing Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Smith Housing Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Smith Housing Limited. You consider that Smith Housing Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Smith Housing Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
22 July 2022
Smith Housing Limited
Statement of financial position
as at 30 November 2021
Investment property
445,765
Cash at bank and in hand
3
Creditors: amounts falling due within one year
(259,470)
Net current liabilities
(221,092)
Total assets less current liabilities
224,673
Creditors: amounts falling due after more than one year
(242,285)
Called up share capital
100
Profit and loss account
(17,712)
Shareholders' funds
(17,612)
For the year ending 30 November 2021 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 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 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 of Directors and authorised for issue on 15 August 2022 and were signed on its behalf by
Adrian Grant Smith
Director
Company Registration No. 13053010
Smith Housing Limited
Notes to the Accounts
for the year ended 30 November 2021
Smith Housing Limited is a private company, limited by shares, registered in England and Wales, registration number 13053010. The registered office is UNIT 18 COOPIES HAUGH, COOPIES LANE, MORPETH, NE61 6JN, UNITED KINGDOM.
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 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
At 30 November 2021
445,765
5
Debtors: amounts falling due within one year
2021
6
Creditors: amounts falling due within one year
2021
Bank loans and overdrafts
76,365
Loans from directors
173,965
7
Creditors: amounts falling due after more than one year
2021
Smith Housing Limited
Notes to the Accounts
for the year ended 30 November 2021
8
Average number of employees
During the year the average number of employees was 0.