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Registered number: 06019433

Smartrose Estates Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023

Prepared By:
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Smartrose Estates Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
DIRECTORS
Abraham Matyas
Yoel Rosenthal
SECRETARY
Abraham Matyas
REGISTERED OFFICE
49 Mowbray Road
Edgware
Middlesex
HA8 8JL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06019433
BANKERS
Natwest
ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Smartrose Estates Limited

ACCOUNTS
FOR THEYEARENDED31/12/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Smartrose Estates Limited

BALANCE SHEET AT 31/12/2023
20232022
Notes££
FIXED ASSETS
Tangible assets250,77941,054
CURRENT ASSETS
Debtors3181,826170,672
Cash at bank and in hand31,385382,369
213,211553,041
CREDITORS: Amounts falling due within one year4201,356543,367
NET CURRENT ASSETS11,8559,674
TOTAL ASSETS LESS CURRENT LIABILITIES62,63450,728
CAPITAL AND RESERVES
Called up share capital6100100
Profit and loss account62,53450,628
SHAREHOLDERS' FUNDS62,63450,728
For the year ending 31/12/2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 28/03/2024 and signed on their behalf by
.............................
Yoel Rosenthal
Director

Smartrose Estates Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 33%
1c. Dividends On Shares Presented Within Shareholders Funds
Dividends unpaid at the balance sheet date are only recognised as a liability at that date to the extent that they are appropriately authorised and are no longer at the discretion of the Company Unpaid dividends that do not meet these criteria are disclosed in the notes to the financial statements.
1d. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.

Smartrose Estates Limited

2. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/01/2023178,686178,686
Additions35,11535,115
At 31/12/2023213,801213,801
Depreciation
At 01/01/2023137,632137,632
For the year25,39025,390
At 31/12/2023163,022163,022
Net Book Amounts
At 31/12/202350,77950,779
At 31/12/202241,05441,054
3. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors119,716170,672
Other debtors10,000-
Prepayments52,110-
181,826170,672
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax89,510102,295
VAT46,99645,450
PAYE control3,5494,062
Trade creditors21,000-
Other creditors38,801388,960
Accruals1,5002,600
201,356543,367

Smartrose Estates Limited

5. EMPLOYEES
20232022
No.No.
Average number of employees2926
6. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
7. CONTROLLING PARTY
The company is controlled by Burnwood Estates Limited and Fortland Estates Limited by virtue of the fact that they each own 50% of the company's issued and called up voting share capital.
8. RELATED PARTY TRANSACTIONS
During the year, certain loans were advanced to the company by A Matyas and Y Rosenthal, the directors of the company. The loans are interest free and repayable on demand. At the year end, the balance due to the directors totalled £3,309 (2022: £1,630).
During the year, dividends of £90,000 (2022: £130,000) were paid to Burnwood Estates Limited, company number 10661882. Burnwood Estates Limited is controlled by A Matyas, a director of Smartrose Estates Limited.
During the year, dividends of £90,000 (2022: £130,000) were paid to Fortland Estates Limited, company number 10661971. Fortland Estates Limited is controlled by Y Rosenthal, a director of Smartrose Estates Limited.