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REGISTERED NUMBER: 11602756 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

SMARTBOX BUSINESS COACHING LIMITED

SMARTBOX BUSINESS COACHING LIMITED (REGISTERED NUMBER: 11602756)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SMARTBOX BUSINESS COACHING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: P Loverdos
Mrs F Loverdos





REGISTERED OFFICE: 10 Beech Court
Wokingham Road
Hurst
Berkshire
RG10 0RQ





REGISTERED NUMBER: 11602756 (England and Wales)





ACCOUNTANTS: Vernon Gosling Friday Limited
10 Beech Court
Wokingham Road
Hurst
Berkshire
RG10 0RQ

SMARTBOX BUSINESS COACHING LIMITED (REGISTERED NUMBER: 11602756)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 21,000 25,200
Tangible assets 5 9,959 2,302
30,959 27,502

CURRENT ASSETS
Debtors 6 7,223 11,119
Cash at bank and in hand 150,870 25,920
158,093 37,039
CREDITORS
Amounts falling due within one year 7 105,698 109,653
NET CURRENT ASSETS/(LIABILITIES) 52,395 (72,614 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,354

(45,112

)

CREDITORS
Amounts falling due after more than one
year

8

14,080

23,676
NET ASSETS/(LIABILITIES) 69,274 (68,788 )

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 69,264 (68,798 )
SHAREHOLDERS' FUNDS 69,274 (68,788 )

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

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

SMARTBOX BUSINESS COACHING LIMITED (REGISTERED NUMBER: 11602756)

STATEMENT OF FINANCIAL POSITION - continued
31 OCTOBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2024 and were signed on its behalf by:





P Loverdos - Director


SMARTBOX BUSINESS COACHING LIMITED (REGISTERED NUMBER: 11602756)

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

1. STATUTORY INFORMATION

SmartBox Business Coaching 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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 cost

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 November 2022
and 31 October 2023 42,000
AMORTISATION
At 1 November 2022 16,800
Charge for year 4,200
At 31 October 2023 21,000
NET BOOK VALUE
At 31 October 2023 21,000
At 31 October 2022 25,200

SMARTBOX BUSINESS COACHING LIMITED (REGISTERED NUMBER: 11602756)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 6,199
Additions 9,029
At 31 October 2023 15,228
DEPRECIATION
At 1 November 2022 3,897
Charge for year 1,372
At 31 October 2023 5,269
NET BOOK VALUE
At 31 October 2023 9,959
At 31 October 2022 2,302

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 5,062 11,119
Other debtors 2,161 -
7,223 11,119

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,555 9,555
Trade creditors 5,367 -
Taxation and social security 21,235 5,527
Other creditors 69,541 94,571
105,698 109,653

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 14,080 23,676