24 April 2021 false No description of principal activity Taxfiler 2022.8.3 10442806business:PrivateLimitedCompanyLtd2021-04-242022-04-23 104428062021-04-23 104428062021-04-242022-04-23 10442806business:AuditExemptWithAccountantsReport2021-04-242022-04-23 10442806business:FullAccounts2021-04-242022-04-23 104428062022-04-23 10442806business:Director12021-04-242022-04-23 10442806business:Director22021-04-242022-04-23 10442806business:RegisteredOffice2021-04-242022-04-23 104428062021-04-23 10442806core:WithinOneYear2022-04-23 10442806core:WithinOneYear2021-04-23 10442806core:AfterOneYear2022-04-23 10442806core:AfterOneYear2021-04-23 10442806core:ShareCapital2022-04-23 10442806core:ShareCapital2021-04-23 10442806core:RetainedEarningsAccumulatedLosses2022-04-23 10442806core:RetainedEarningsAccumulatedLosses2021-04-23 10442806business:SmallEntities2021-04-242022-04-23 10442806countries:EnglandWales2021-04-242022-04-23 10442806core:FurnitureFittings2021-04-242022-04-23 10442806core:ComputerEquipment2021-04-242022-04-23 10442806core:FurnitureFittings2021-04-23 10442806core:ComputerEquipment2021-04-23 10442806core:FurnitureFittings2022-04-23 10442806core:ComputerEquipment2022-04-23 10442806core:AfterOneYear2021-04-242022-04-23 104428062020-04-242021-04-23 iso4217:GBP xbrli:pure
Company Registration No. 10442806 (England and Wales)
SMILE PROPERTY SOLUTIONS LTD Unaudited accounts for the year ended 23 April 2022
SMILE PROPERTY SOLUTIONS LTD Unaudited accounts Contents
Page
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SMILE PROPERTY SOLUTIONS LTD Company Information for the year ended 23 April 2022
Directors
Thomas Michael Hegarty Richard Anthony Latouche
Company Number
10442806 (England and Wales)
Registered Office
3 HAYCLOSE MEAD BRADFORD BD6 2PU UNITED KINGDOM
Accountants
MJ Support & Co Certified Accountants & Business Consultants Suite 401 Coventry Chambers 1-3 Coventry Road IG1 4QR
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SMILE PROPERTY SOLUTIONS LTD Statement of financial position as at 23 April 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,629 
2,757 
Current assets
Debtors
10,013 
3,836 
Cash at bank and in hand
25,741 
35,944 
35,754 
39,780 
Creditors: amounts falling due within one year
(490)
92 
Net current assets
35,264 
39,872 
Total assets less current liabilities
37,893 
42,629 
Creditors: amounts falling due after more than one year
(44,333)
(50,000)
Net liabilities
(6,440)
(7,371)
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
(6,444)
(7,375)
Shareholders' funds
(6,440)
(7,371)
For the year ending 23 April 2022 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 13 September 2022 and were signed on its behalf by
Thomas Michael Hegarty Director Company Registration No. 10442806
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SMILE PROPERTY SOLUTIONS LTD Notes to the Accounts for the year ended 23 April 2022
1
Statutory information
SMILE PROPERTY SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 10442806. The registered office is 3 HAYCLOSE MEAD, BRADFORD, BD6 2PU, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Fixtures & fittings
25% Declining Balance Method
Computer equipment
25% Declining Balance Method
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 24 April 2021
5,395 
- 
5,395 
Additions
179 
489 
668 
At 23 April 2022
5,574 
489 
6,063 
Depreciation
At 24 April 2021
2,638 
- 
2,638 
Charge for the year
733 
63 
796 
At 23 April 2022
3,371 
63 
3,434 
Net book value
At 23 April 2022
2,203 
426 
2,629 
At 23 April 2021
2,757 
- 
2,757 
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Other debtors
10,013 
3,836 
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SMILE PROPERTY SOLUTIONS LTD Notes to the Accounts for the year ended 23 April 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Loans from directors
- 
(582)
Accruals
490 
490 
490 
(92)
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
44,333 
50,000 
Creditors includes the Bounce Back Loan for the amount of £44,333.00 GBP which is unsecured, and repayable together with the interest payments in 9 years.
8
Loans to directors
Debtors includes the amount of £6,538.20 GBP paid to the Mr. Richard Anthony Latouche and £3,474.53 GBP paid to Mr. Thomas Michael Hegarty directors of company. Loan is unsecured, bearing no interest and repayable on demand. To the extent that any part of the loan remains outstanding by 23 January 2023, the company would be required to pay 32.5% corporation tax, subsequently recoverable on the repayment of loan.
9
Average number of employees
During the year the average number of employees was 0 (2021: 1).
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