Companies House 2022-05-01 2023-04-30 2023-04-30 false true iso4217:GBP xbrli:pure 10745259 2021-05-01 2022-04-30 10745259 2023-04-30 10745259 2022-05-01 2023-04-30 10745259 2022-04-30 10745259 curr:PoundSterling 2022-05-01 2023-04-30 10745259 uk-bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 10745259 uk-bus:FRS102 2022-05-01 2023-04-30 10745259 uk-bus:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 10745259 uk-bus:AbridgedAccounts 2022-05-01 2023-04-30 10745259 uk-bus:RegisteredOffice 2022-05-01 2023-04-30 10745259 uk-bus:Director40 2022-05-01 2023-04-30 10745259 uk-bus:Director1 2022-05-01 2023-04-30 10745259 uk-bus:Director2 2022-05-01 2023-04-30 10745259 uk-bus:Director3 2022-05-01 2023-04-30 10745259 uk-bus:Director4 2022-05-01 2023-04-30 10745259 uk-bus:Director5 2022-05-01 2023-04-30 10745259 uk-bus:Director6 2022-05-01 2023-04-30 10745259 uk-bus:Director7 2022-05-01 2023-04-30 10745259 uk-bus:Director8 2022-05-01 2023-04-30 10745259 uk-bus:Director9 2022-05-01 2023-04-30 10745259 uk-bus:Director10 2022-05-01 2023-04-30 10745259 uk-bus:Director11 2022-05-01 2023-04-30 10745259 uk-bus:Director12 2022-05-01 2023-04-30 10745259 uk-bus:Director13 2022-05-01 2023-04-30 10745259 uk-bus:Director14 2022-05-01 2023-04-30 10745259 uk-bus:Director15 2022-05-01 2023-04-30 10745259 uk-bus:Director16 2022-05-01 2023-04-30 10745259 uk-bus:Director17 2022-05-01 2023-04-30 10745259 uk-bus:Director18 2022-05-01 2023-04-30 10745259 uk-bus:Director19 2022-05-01 2023-04-30 10745259 uk-bus:Director20 2022-05-01 2023-04-30 10745259 uk-bus:CompanySecretary1 2022-05-01 2023-04-30 10745259 core:AfterOneYear 2023-04-30 10745259 core:AfterOneYear 2022-04-30 10745259 core:WithinOneYear 2023-04-30 10745259 core:WithinOneYear 2022-04-30 10745259 core:WithinOneYear 2022-05-01 2023-04-30 10745259 core:AfterOneYear 2023-04-30 10745259 core:AfterOneYear 2022-04-30 10745259 core:AfterOneYear 2022-05-01 2023-04-30 10745259 core:ShareCapital 2023-04-30 10745259 core:ShareCapital 2022-04-30 10745259 core:SharePremium 2023-04-30 10745259 core:SharePremium 2022-04-30 10745259 core:OtherReservesSubtotal 2023-04-30 10745259 core:OtherReservesSubtotal 2022-04-30 10745259 core:RevaluationReserve 2023-04-30 10745259 core:RevaluationReserve 2022-04-30 10745259 core:RetainedEarningsAccumulatedLosses 2023-04-30 10745259 core:RetainedEarningsAccumulatedLosses 2022-04-30 10745259 core:Associate1 2022-05-01 2023-04-30 10745259 core:Associate1 2022-04-30 10745259 core:Associate1 2023-04-30 10745259 core:Associate2 2022-05-01 2023-04-30 10745259 core:Associate2 2022-04-30 10745259 core:Associate2 2023-04-30 10745259 core:Associate3 2022-05-01 2023-04-30 10745259 core:Associate3 2022-04-30 10745259 core:Associate3 2023-04-30 10745259 core:Associate4 2022-05-01 2023-04-30 10745259 core:Associate4 2022-04-30 10745259 core:Associate4 2023-04-30 10745259 core:Associate5 2022-05-01 2023-04-30 10745259 core:Associate5 2022-04-30 10745259 core:Associate5 2023-04-30 10745259 core:Associate6 2022-05-01 2023-04-30 10745259 core:Associate6 2022-04-30 10745259 core:Associate6 2023-04-30 10745259 core:Associate7 2022-05-01 2023-04-30 10745259 core:Associate7 2022-04-30 10745259 core:Associate7 2023-04-30 10745259 core:Associate8 2022-05-01 2023-04-30 10745259 core:Associate8 2022-04-30 10745259 core:Associate8 2023-04-30 10745259 core:Associate9 2022-05-01 2023-04-30 10745259 core:Associate9 2022-04-30 10745259 core:Associate9 2023-04-30 10745259 core:Associate10 2022-05-01 2023-04-30 10745259 core:Associate10 2022-04-30 10745259 core:Associate10 2023-04-30 10745259 core:Associate11 2022-05-01 2023-04-30 10745259 core:Associate11 2022-04-30 10745259 core:Associate11 2023-04-30 10745259 core:Associate12 2022-05-01 2023-04-30 10745259 core:Associate12 2022-04-30 10745259 core:Associate12 2023-04-30 10745259 core:Associate13 2022-05-01 2023-04-30 10745259 core:Associate13 2022-04-30 10745259 core:Associate13 2023-04-30 10745259 core:Associate14 2022-05-01 2023-04-30 10745259 core:Associate14 2022-04-30 10745259 core:Associate14 2023-04-30 10745259 core:Associate15 2022-05-01 2023-04-30 10745259 core:Associate15 2022-04-30 10745259 core:Associate15 2023-04-30 10745259 core:Associate16 2022-05-01 2023-04-30 10745259 core:Associate16 2022-04-30 10745259 core:Associate16 2023-04-30 10745259 core:Associate17 2022-05-01 2023-04-30 10745259 core:Associate17 2022-04-30 10745259 core:Associate17 2023-04-30 10745259 core:Associate18 2022-05-01 2023-04-30 10745259 core:Associate18 2022-04-30 10745259 core:Associate18 2023-04-30 10745259 core:Associate19 2022-05-01 2023-04-30 10745259 core:Associate19 2022-04-30 10745259 core:Associate19 2023-04-30 10745259 core:Associate20 2022-05-01 2023-04-30 10745259 core:Associate20 2022-04-30 10745259 core:Associate20 2023-04-30 10745259 core:Associate1 2022-05-01 2023-04-30 10745259 core:Associate2 2022-05-01 2023-04-30 10745259 core:Associate3 2022-05-01 2023-04-30 10745259 core:Associate4 2022-05-01 2023-04-30 10745259 core:Associate5 2022-05-01 2023-04-30 10745259 core:Associate6 2022-05-01 2023-04-30 10745259 core:Associate7 2022-05-01 2023-04-30 10745259 core:Associate8 2022-05-01 2023-04-30 10745259 core:Associate9 2022-05-01 2023-04-30 10745259 core:Associate10 2022-05-01 2023-04-30 10745259 core:Associate11 2022-05-01 2023-04-30 10745259 core:Associate12 2022-05-01 2023-04-30 10745259 core:Associate13 2022-05-01 2023-04-30 10745259 core:Associate14 2022-05-01 2023-04-30 10745259 core:Associate15 2022-05-01 2023-04-30 10745259 core:Associate16 2022-05-01 2023-04-30 10745259 core:Associate17 2022-05-01 2023-04-30 10745259 core:Associate18 2022-05-01 2023-04-30 10745259 core:Associate19 2022-05-01 2023-04-30 10745259 core:Associate20 2022-05-01 2023-04-30 10745259 uk-bus:Director1 1 2022-05-01 2023-04-30 10745259 uk-bus:Director1 1 2022-04-30 10745259 uk-bus:Director1 1 2023-04-30 10745259 uk-bus:Director2 2 2022-05-01 2023-04-30 10745259 uk-bus:Director2 2 2022-04-30 10745259 uk-bus:Director2 2 2023-04-30 10745259 uk-bus:Director1 3 2022-05-01 2023-04-30 10745259 uk-bus:Director1 3 2022-04-30 10745259 uk-bus:Director1 3 2023-04-30 10745259 uk-bus:Director4 4 2022-05-01 2023-04-30 10745259 uk-bus:Director4 4 2022-04-30 10745259 uk-bus:Director4 4 2023-04-30 10745259 uk-bus:Director5 5 2022-05-01 2023-04-30 10745259 uk-bus:Director5 5 2022-04-30 10745259 uk-bus:Director5 5 2023-04-30 10745259 uk-bus:Director6 6 2022-05-01 2023-04-30 10745259 uk-bus:Director6 6 2022-04-30 10745259 uk-bus:Director6 6 2023-04-30 10745259 uk-bus:Director7 7 2022-05-01 2023-04-30 10745259 uk-bus:Director7 7 2022-04-30 10745259 uk-bus:Director7 7 2023-04-30 10745259 uk-bus:Director8 8 2022-05-01 2023-04-30 10745259 uk-bus:Director8 8 2022-04-30 10745259 uk-bus:Director8 8 2023-04-30 10745259 uk-bus:Director9 9 2022-05-01 2023-04-30 10745259 uk-bus:Director9 9 2022-04-30 10745259 uk-bus:Director9 9 2023-04-30 10745259 uk-bus:Director10 10 2022-05-01 2023-04-30 10745259 uk-bus:Director10 10 2022-04-30 10745259 uk-bus:Director10 10 2023-04-30 10745259 uk-bus:Director11 11 2022-05-01 2023-04-30 10745259 uk-bus:Director11 11 2022-04-30 10745259 uk-bus:Director11 11 2023-04-30 10745259 uk-bus:Director12 12 2022-05-01 2023-04-30 10745259 uk-bus:Director12 12 2022-04-30 10745259 uk-bus:Director12 12 2023-04-30 10745259 uk-bus:Director13 13 2022-05-01 2023-04-30 10745259 uk-bus:Director13 13 2022-04-30 10745259 uk-bus:Director13 13 2023-04-30 10745259 uk-bus:Director14 14 2022-05-01 2023-04-30 10745259 uk-bus:Director14 14 2022-04-30 10745259 uk-bus:Director14 14 2023-04-30 10745259 uk-bus:Director15 15 2022-05-01 2023-04-30 10745259 uk-bus:Director15 15 2022-04-30 10745259 uk-bus:Director15 15 2023-04-30 10745259 uk-bus:Director16 16 2022-05-01 2023-04-30 10745259 uk-bus:Director16 16 2022-04-30 10745259 uk-bus:Director16 16 2023-04-30 10745259 uk-bus:Director17 17 2022-05-01 2023-04-30 10745259 uk-bus:Director17 17 2022-04-30 10745259 uk-bus:Director17 17 2023-04-30 10745259 uk-bus:Director18 18 2022-05-01 2023-04-30 10745259 uk-bus:Director18 18 2022-04-30 10745259 uk-bus:Director18 18 2023-04-30 10745259 uk-bus:Director19 19 2022-05-01 2023-04-30 10745259 uk-bus:Director19 19 2022-04-30 10745259 uk-bus:Director19 19 2023-04-30 10745259 uk-bus:Director20 20 2022-05-01 2023-04-30 10745259 uk-bus:Director20 20 2022-04-30 10745259 uk-bus:Director20 20 2023-04-30 10745259 1 2022-05-01 2023-04-30 10745259 2 2022-05-01 2023-04-30 10745259 3 2022-05-01 2023-04-30

# ISMART DESIGNS LIMITED

## Company Registration Number:
10745259 (England and Wales)

## Unaudited abridged accounts for the year ended 30 April 2023

## Period of accounts

## Start date: 01 May 2022

## End date: 30 April 2023

# ISMART DESIGNS LIMITED

## Contents of the Financial Statements

for the Period Ended 30 April 2023

Balance sheet |
Notes |

# ISMART DESIGNS LIMITED

## Balance sheet

As at 30 April 2023

| Notes | 2023 | 2022
--- | --- | --- | ---
|  | £ | £
Current assets
Cash at bank and in hand: |  | 9,110 | 9,888
Total current assets: |  | 9,110 | 9,888
Creditors: amounts falling due within one year: | 3 | (2,800) | (1,785)
Net current assets (liabilities): |  | 6,310 | 8,103
Total assets less current liabilities: |  | 6,310 | 8,103
Creditors: amounts falling due after more than one year: | 4 | (5,955) | (7,956)
Total net assets (liabilities): |  | 355 | 147
Capital and reserves
Called up share capital: |  | 100 | 100
Profit and loss account: |  | 255 | 47
Shareholders funds: |  | 355 | 147

The notes form part of these financial statements

# ISMART DESIGNS LIMITED

## Balance sheet statements

For the year ending 30 April 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 May 2023
and signed on behalf of the board by:

Name: Mr T Iwanski
Status: Director

The notes form part of these financial statements

# ISMART DESIGNS LIMITED

## Notes to the Financial Statements

for the Period Ended 30 April 2023

## 1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

## Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods suppliedand services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership havetransferred to the buyer (usually on despatch of the goods); the amount of revenue can be measuredreliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurredor to be incurred in respect of the transactions can be measured reliably.

## Other accounting policies

Basis of preparationThe financial statements have been prepared on the historical cost basis, as modified by the revaluationof certain financial assets and liabilities and investment properties measured at fair value through profitor loss.The financial statements are prepared in sterling, which is the functional currency of the entity.----------TaxationThe taxation expense represents the aggregate amount of current and deferred tax recognised in thereporting period. Tax is recognised in the statement of comprehensive income, except to the extent thatit relates to items recognised in other comprehensive income or directly in capital and reserves. In thiscase, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.Current tax is recognised on taxable profit for the current and past periods. Current tax is measured atthe amounts of tax expected to pay or recover using the tax rates and laws that have been enacted orsubstantively enacted at the reporting date.Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved taxlosses and other deferred tax assets are recognised to the extent that it is probable that they will berecovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax ismeasured using the tax rates and laws that have been enacted or substantively enacted by thereporting date that are expected to apply to the reversal of the timing difference.-------------Government grantsGovernment grants are recognised at the fair value of the asset received or receivable. Grants are notrecognised until there is reasonable assurance that the company will comply with the conditionsattaching to them and the grants will be received.Government grants are recognised using the accrual model and the performance model.Under the accrual model, government grants relating to revenue are recognised on a systematic basisover the periods in which the company recognises the related costs for which the grant is intended tocompensate. Grants that are receivable as compensation for expenses or losses already incurred or forthe purpose of giving immediate financial support to the entity with no future related costs arerecognised in income in the period in which it becomes receivable.Grants relating to assets are recognised in income on a systematic basis over the expected useful lifeof the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred incomeand not deducted from the carrying amount of the asset.Under the performance model, where the grant does not impose specified future performance-relatedconditions on the recipient, it is recognised in income when the grant proceeds are received orreceivable. Where the grant does impose specified future performance-related conditions on therecipient, it is recognised in income only when the performance-related conditions have been met.Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as aliability.----------Financial instrumentsA financial asset or a financial liability is recognised only when the company becomes a party to thecontractual provisions of the instrument.Basic financial instruments are initially recognised at the transaction price, unless the arrangementconstitutes a financing transaction, where it is recognised at the present value of the future paymentsdiscounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.Where investments in non-convertible preference shares and non-puttable ordinary shares orpreference shares are publicly traded or their fair value can otherwise be measured reliably, theinvestment is subsequently measured at fair value with changes in fair value recognised in profit or loss.All other such investments are subsequently measured at cost less impairment.Other financial instruments, including derivatives, are initially recognised at fair value, unless paymentfor an asset is deferred beyond normal business terms or financed at a rate of interest that is not amarket rate, in which case the asset is measured at the present value of the future paymentsdiscounted at a market rate of interest for a similar debt instrument.Other financial instruments are subsequently measured at fair value, with any changes recognised inprofit or loss, with the exception of hedging instruments in a designated hedging relationship.Financial assets that are measured at cost or amortised cost are reviewed for objective evidence ofimpairment at the end of each reporting date. If there is objective evidence of impairment, animpairment loss is recognised in profit or loss immediately.For all equity instruments regardless of significance, and other financial assets that are individuallysignificant, these are assessed individually for impairment. Other financial assets or either assessedindividually or grouped on the basis of similar credit risk characteristics.Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversaldoes not result in a carrying amount of the financial asset that exceeds what the carrying amount wouldhave been had the impairment not previously been recognised.

# ISMART DESIGNS LIMITED

## Notes to the Financial Statements

for the Period Ended 30 April 2023

## 2. Employees

| 2023 | 2022
--- | --- | ---
Average number of employees during the period | 2 | 2

# ISMART DESIGNS LIMITED

## Notes to the Financial Statements

for the Period Ended 30 April 2023

## 3. Creditors: amounts falling due within one year note

Corporation tax - 2023 - £870 2022 - NilSocial security and other taxes - 2023 - £852 2022- £768Other creditors - 2023 - £1,078 2022 - £1,017Total - 2023 - £2,800 2022 - £1,785

# ISMART DESIGNS LIMITED

## Notes to the Financial Statements

for the Period Ended 30 April 2023

## 4. Creditors: amounts falling due after more than one year note

Other creditors - 2023 - £5,955 2022 - £7,956