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Company Registration No. 11032891 (England and Wales)
SMR TRADINGS (YORKSHIRE) LTD Unaudited accounts for the year ended 31 October 2022
SMR TRADINGS (YORKSHIRE) LTD Unaudited accounts Contents
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SMR TRADINGS (YORKSHIRE) LTD Company Information for the year ended 31 October 2022
Director
Shameela RAFIQ
Company Number
11032891 (England and Wales)
Registered Office
21 HYDE PARK ROAD LEEDS LS6 1PY ENGLAND
Accountants
HLA Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY
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SMR TRADINGS (YORKSHIRE) LTD Statement of financial position as at 31 October 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Inventories
5,536 
4,895 
Debtors
40,537 
50,000 
Cash at bank and in hand
2,092 
15,545 
48,165 
70,440 
Creditors: amounts falling due within one year
(13,786)
(26,299)
Net current assets
34,379 
44,141 
Total assets less current liabilities
34,379 
44,141 
Creditors: amounts falling due after more than one year
(37,488)
(46,501)
Net liabilities
(3,109)
(2,360)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(3,209)
(2,460)
Shareholders' funds
(3,109)
(2,360)
For the year ending 31 October 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 director acknowledges her 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 and authorised for issue on 27 October 2023 and were signed on its behalf by
Shameela RAFIQ Director Company Registration No. 11032891
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SMR TRADINGS (YORKSHIRE) LTD Notes to the Accounts for the year ended 31 October 2022
1
Statutory information
SMR TRADINGS (YORKSHIRE) LTD is a private company, limited by shares, registered in England and Wales, registration number 11032891. The registered office is 21 HYDE PARK ROAD, LEEDS, LS6 1PY, ENGLAND.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Trading activity
Restaurant and takeaway
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants
Government grants in relation to job retention scheme are credited to profit and loss account , whereas those in relation to expenditure are charged to profit and loss. Also, local council grants are received in terms of Covid-19 pandemic are credit to profit and loss account under other operating expenses, whereas all fixed cost against these are debited in the profit and loss account too.
4
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Other debtors
40,537 
50,000 
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SMR TRADINGS (YORKSHIRE) LTD Notes to the Accounts for the year ended 31 October 2022
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
5,534 
1,484 
Trade creditors
5,837 
18,925 
Taxes and social security
2,415 
5,890 
13,786 
26,299 
6
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
37,488 
46,501 
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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