Company Registration No. 08290945 (England and Wales)
SMOOTHCLASSICS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021
PAGES FOR FILING WITH REGISTRAR
SMOOTHCLASSICS LTD
COMPANY INFORMATION
Director
Mr J Foley
Company number
08290945
Registered office
267 Ravensbourne Avenue
Bromley
Kent
BR2 0BX
Accountants
Theataccounts Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
SMOOTHCLASSICS LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 4
SMOOTHCLASSICS LTD
ENTERTAINMENT ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SMOOTHCLASSICS LTD FOR THE YEAR ENDED 30 NOVEMBER 2021
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Smoothclassics Ltd for the year ended 30 November 2021 set out on pages to 4 from the company’s accounting records and from information and explanations you have given us.

It is your duty to ensure that Smoothclassics Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Smoothclassics Ltd. You consider that Smoothclassics Ltd is exempt from the statutory audit requirement for the year.

Theataccounts Limited
11 August 2022
Entertainment Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
SMOOTHCLASSICS LTD
BALANCE SHEET
AS AT 30 NOVEMBER 2021
30 November 2021
- 2 -
2021
2020
Notes
£
£
£
£
Fixed assets
Tangible assets
3
112
270
Current assets
Cash at bank and in hand
128
128
Creditors: amounts falling due within one year
4
(43,901)
(43,653)
Net current liabilities
(43,773)
(43,525)
Total assets less current liabilities
(43,661)
(43,255)
Capital and reserves
Called up share capital
5
1
1
Profit and loss reserves
(43,662)
(43,256)
Total equity
(43,661)
(43,255)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 November 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and signed by the director and authorised for issue on 11 August 2022
Mr J Foley
Director
Company Registration No. 08290945
SMOOTHCLASSICS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021
- 3 -
1
Accounting policies
Company information

Smoothclassics Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 267 Ravensbourne Avenue, Bromley, Kent, BR2 0BX.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of services is recognised by reference to the stage of completion and where the amount of revenue can be measured reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment
33% on cost
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 1 (2020 - 1).

SMOOTHCLASSICS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2021
- 4 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2020 and 30 November 2021
1,508
Depreciation and impairment
At 1 December 2020
1,238
Depreciation charged in the year
158
At 30 November 2021
1,396
Carrying amount
At 30 November 2021
112
At 30 November 2020
270
4
Creditors: amounts falling due within one year
2021
2020
£
£
Other creditors
43,901
43,653
5
Called up share capital
2021
2020
£
£
Ordinary share capital
Issued and fully paid
1 Ordinary of £1 each
1
1
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