IRIS Accounts Production v23.4.0.336 06350269 director 1.9.22 31.8.23 31.8.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh063502692022-08-31063502692023-08-31063502692022-09-012023-08-31063502692021-08-31063502692021-09-012022-08-31063502692022-08-3106350269ns15:EnglandWales2022-09-012023-08-3106350269ns14:PoundSterling2022-09-012023-08-3106350269ns10:Director12022-09-012023-08-3106350269ns10:PrivateLimitedCompanyLtd2022-09-012023-08-3106350269ns10:SmallEntities2022-09-012023-08-3106350269ns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3106350269ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3106350269ns10:SmallCompaniesRegimeForAccounts2022-09-012023-08-3106350269ns10:AbridgedAccounts2022-09-012023-08-3106350269ns10:CompanySecretary12022-09-012023-08-3106350269ns10:RegisteredOffice2022-09-012023-08-3106350269ns5:CurrentFinancialInstruments2023-08-3106350269ns5:CurrentFinancialInstruments2022-08-3106350269ns5:Non-currentFinancialInstruments2023-08-3106350269ns5:Non-currentFinancialInstruments2022-08-3106350269ns5:ShareCapital2023-08-3106350269ns5:ShareCapital2022-08-3106350269ns5:RetainedEarningsAccumulatedLosses2023-08-3106350269ns5:RetainedEarningsAccumulatedLosses2022-08-3106350269ns5:PlantMachinery2022-09-012023-08-31
REGISTERED NUMBER: 06350269 (England and Wales)



Unaudited Financial Statements

for the Year Ended 31st August 2023

for

Smart Engineering (UK) Limited

Smart Engineering (UK) Limited (Registered number: 06350269)






Contents of the Financial Statements
for the Year Ended 31st August 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Smart Engineering (UK) Limited

Company Information
for the Year Ended 31st August 2023







DIRECTOR: D Smart





SECRETARY: Mrs P J Smart





REGISTERED OFFICE: 6 Manchester Road
Buxton
Derbyshire
SK17 6SB





REGISTERED NUMBER: 06350269 (England and Wales)





ACCOUNTANTS: Laytons
Chartered Accountants
6 Manchester Road
Buxton
Derbyshire
SK17 6SB

Smart Engineering (UK) Limited (Registered number: 06350269)

Abridged Balance Sheet
31st August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,729 37,519

CURRENT ASSETS
Debtors 97,750 149,768
Cash at bank 193,165 197,248
290,915 347,016
CREDITORS
Amounts falling due within one year 65,660 92,189
NET CURRENT ASSETS 225,255 254,827
TOTAL ASSETS LESS CURRENT LIABILITIES 256,984 292,346

CREDITORS
Amounts falling due after more than one year 12,917 28,417
NET ASSETS 244,067 263,929

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 243,967 263,829
SHAREHOLDERS' FUNDS 244,067 263,929

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st August 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 26th March 2024 and were signed by:



D Smart - Director


Smart Engineering (UK) Limited (Registered number: 06350269)

Notes to the Financial Statements
for the Year Ended 31st August 2023

1. STATUTORY INFORMATION

Smart Engineering (UK) 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance, 25% on reducing balance and 15% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st September 2022
and 31st August 2023 72,714
DEPRECIATION
At 1st September 2022 35,195
Charge for year 5,790
At 31st August 2023 40,985
NET BOOK VALUE
At 31st August 2023 31,729
At 31st August 2022 37,519

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year ended 31st August 2023, the company owed £868 (2022: £90) to the director Mr D Smart. The loan is interest free and repayable on demand.