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REGISTERED NUMBER: 01176625 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

SMEE HOLDINGS LIMITED

SMEE HOLDINGS LIMITED (REGISTERED NUMBER: 01176625)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


SMEE HOLDINGS LIMITED (REGISTERED NUMBER: 01176625)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 118,100 151,482

CURRENT ASSETS
Debtors 5 697,842 536,835
Cash at bank and in hand 1,171,930 1,376,876
1,869,772 1,913,711
CREDITORS
Amounts falling due within one year 6 210,111 323,668
NET CURRENT ASSETS 1,659,661 1,590,043
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,777,761

1,741,525

PROVISIONS FOR LIABILITIES 3,195 3,873
NET ASSETS 1,774,566 1,737,652

CAPITAL AND RESERVES
Called up share capital 525,000 525,000
Capital redemption reserve 475,000 475,000
Retained earnings 774,566 737,652
SHAREHOLDERS' FUNDS 1,774,566 1,737,652

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SMEE HOLDINGS LIMITED (REGISTERED NUMBER: 01176625)

BALANCE SHEET - continued
31 JULY 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 Profit and loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2024 and were signed on its behalf by:





C A Smee - Director


SMEE HOLDINGS LIMITED (REGISTERED NUMBER: 01176625)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

Smee Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 01176625

Registered office: Smoke Hall Lane
Winsford
Cheshire
CW7 3BE

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.

Turnover
Rental income is accrued on a time basis, by reference to the agreements entered.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold property - over the life of the lease
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

SMEE HOLDINGS LIMITED (REGISTERED NUMBER: 01176625)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 August 2022 1,443,015 1,849,449 141,406 137,542 3,571,412
Additions - - 5,949 18,000 23,949
Disposals - - - (91,293 ) (91,293 )
At 31 July 2023 1,443,015 1,849,449 147,355 64,249 3,504,068
DEPRECIATION
At 1 August 2022 1,362,442 1,841,437 141,406 74,645 3,419,930
Charge for year 11,955 1,602 202 12,744 26,503
Eliminated on disposal - - - (60,465 ) (60,465 )
At 31 July 2023 1,374,397 1,843,039 141,608 26,924 3,385,968
NET BOOK VALUE
At 31 July 2023 68,618 6,410 5,747 37,325 118,100
At 31 July 2022 80,573 8,012 - 62,897 151,482

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 47,082 6,694
Other debtors 650,760 530,141
697,842 536,835

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 143,384 135,462
Taxation and social security 54,364 35,308
Other creditors 12,363 152,898
210,111 323,668

SMEE HOLDINGS LIMITED (REGISTERED NUMBER: 01176625)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 100,000 100,000
Between one and five years 400,000 400,000
In more than five years 498,000 598,000
998,000 1,098,000