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REGISTERED NUMBER: 11833421 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

SML Lettings Limited

SML Lettings Limited (Registered number: 11833421)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SML Lettings Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: S G Maclennan





REGISTERED OFFICE: 3 Nursery Gardens
Hardington Moor
Somerset
BA229FL





REGISTERED NUMBER: 11833421 (England and Wales)





ACCOUNTANTS: Welch and Ellis
The Fort
Artillery Business Park
Oswestry
Shropshire
SY11 4AD

SML Lettings Limited (Registered number: 11833421)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 92,034 91,000

CURRENT ASSETS
Cash in hand 100 100

CREDITORS
Amounts falling due within one year 5 26,640 28,435
NET CURRENT LIABILITIES (26,540 ) (28,335 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,494

62,665

CREDITORS
Amounts falling due after more than one
year

6

62,022

63,907
NET ASSETS/(LIABILITIES) 3,472 (1,242 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,372 (1,342 )
3,472 (1,242 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SML Lettings Limited (Registered number: 11833421)

Balance Sheet - continued
28 February 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 November 2023 and were signed by:





S G Maclennan - Director


SML Lettings Limited (Registered number: 11833421)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

SML Lettings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

SML Lettings Limited (Registered number: 11833421)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2022 91,000 - 91,000
Additions - 1,378 1,378
At 28 February 2023 91,000 1,378 92,378
DEPRECIATION
Charge for year - 344 344
At 28 February 2023 - 344 344
NET BOOK VALUE
At 28 February 2023 91,000 1,034 92,034
At 28 February 2022 91,000 - 91,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 3,011 3,010
Taxation and social security 1,086 223
Other creditors 22,543 25,202
26,640 28,435

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Other creditors 62,022 63,907