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Company Registration No. 08532478 (England and Wales)
SMARTY SOFTWARE LTD Unaudited accounts for the year ended 31 May 2023
SMARTY SOFTWARE LTD Unaudited accounts Contents
Page
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SMARTY SOFTWARE LTD Company Information for the year ended 31 May 2023
Directors
Vahid Reyazat Agnieszka Beata GRADZEWICZ - AKAL
Company Number
08532478 (England and Wales)
Registered Office
c/o B&F Services 3 More London Riverside London SE1 2RE United Kingdom
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SMARTY SOFTWARE LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
68 
226 
Creditors: amounts falling due within one year
(11,228)
(4,238)
Net current liabilities
(11,160)
(4,012)
Total assets less current liabilities
(11,160)
(4,012)
Creditors: amounts falling due after more than one year
(176,655)
(175,891)
Net liabilities
(187,815)
(179,903)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(188,815)
(180,903)
Shareholders' funds
(187,815)
(179,903)
For the year ending 31 May 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 29 February 2024 and were signed on its behalf by
Vahid Reyazat Director Company Registration No. 08532478
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SMARTY SOFTWARE LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
SMARTY SOFTWARE LTD is a private company, limited by shares, registered in England and Wales, registration number 08532478. The registered office is c/o B&F Services , 3 More London Riverside , London, SE1 2RE, United Kingdom.
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 represents net invoiced sales of services excluding Value Added Tax
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0% on costs per annum
Plant & machinery
10% on costs per annum
Motor vehicles
25% on costs per annum
Fixtures & fittings
20% on costs per annum
Computer equipment
25% on costs per annum
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2022
190 
At 31 May 2023
190 
Depreciation
At 1 June 2022
190 
At 31 May 2023
190 
Net book value
At 31 May 2023
- 
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SMARTY SOFTWARE LTD Notes to the Accounts for the year ended 31 May 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
1,200 
1,440 
Taxes and social security
10,028 
(1,915)
Other creditors
- 
4,713 
11,228 
4,238 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
7,327 
8,053 
Other creditors
169,328 
167,838 
176,655 
175,891 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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