SM CAPITAL INVESTMENTS LTD

Company Registration Number:
13700846 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

SM CAPITAL INVESTMENTS LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

SM CAPITAL INVESTMENTS LTD

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 12,500,000 7,850,000
Tangible assets: 4 47,000,000 34,500,000
Investments: 5 98,765,000 43,500,000
Total fixed assets: 158,265,000 85,850,000
Current assets
Cash at bank and in hand: 41,034,000 34,098,000
Total current assets: 41,034,000 34,098,000
Creditors: amounts falling due within one year:     (5,465,000)
Net current assets (liabilities): 41,034,000 28,633,000
Total assets less current liabilities: 199,299,000 114,483,000
Total net assets (liabilities): 199,299,000 114,483,000
Capital and reserves
Called up share capital: 2 2
Share premium account: 9,998 9,998
Revaluation reserve:697,000,00087,654,000
Other reserves: 47,025,000 19,500,000
Profit and loss account: 55,264,000 7,319,000
Shareholders funds: 199,299,000 114,483,000

The notes form part of these financial statements

SM CAPITAL INVESTMENTS LTD

Balance sheet statements

For the year ending 31 October 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 01 November 2023
and signed on behalf of the board by:

Name: Mr Eric Simons
Status: Director

The notes form part of these financial statements

SM CAPITAL INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

SM CAPITAL INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 992 34

SM CAPITAL INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Intangible Assets

Total
Cost £
At 01 November 2022 7,850,000
Additions 4,650,000
At 31 October 2023 12,500,000
Net book value
At 31 October 2023 12,500,000
At 31 October 2022 7,850,000

SM CAPITAL INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible Assets

Total
Cost £
At 01 November 2022 34,500,000
Additions 12,500,000
At 31 October 2023 47,000,000
Net book value
At 31 October 2023 47,000,000
At 31 October 2022 34,500,000

SM CAPITAL INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Fixed investments

Shareholding in various listed and unlisted companies.Government and corporate debt instruments.Derivative financial positions.

SM CAPITAL INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Revaluation reserve

2023
£
Balance at 01 November 2022 87,654,000
Surplus or deficit after revaluation 9,346,000
Balance at 31 October 2023 97,000,000