1 August 2022 false No description of principal activity Taxfiler 2024.5 12727810business:PrivateLimitedCompanyLtd2022-08-012023-07-31 127278102022-07-31 127278102022-08-012023-07-31 12727810business:AuditExempt-NoAccountantsReport2022-08-012023-07-31 12727810business:FilletedAccounts2022-08-012023-07-31 127278102023-07-31 12727810business:Director12022-08-012023-07-31 12727810business:Director22022-08-012023-07-31 12727810business:Director32022-08-012023-07-31 12727810business:RegisteredOffice2022-08-012023-07-31 127278102022-07-31 12727810core:WithinOneYear2023-07-31 12727810core:WithinOneYear2022-07-31 12727810core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 12727810core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 12727810core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 12727810core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 12727810core:PreviouslyStatedAmount2023-07-31 12727810core:PreviouslyStatedAmount2022-07-31 12727810business:SmallEntities2022-08-012023-07-31 12727810countries:EnglandWales2022-08-012023-07-31 12727810core:ComputerEquipment2022-08-012023-07-31 12727810core:PlantMachinery2022-07-31 12727810core:MotorVehicles2022-07-31 12727810core:ComputerEquipment2022-07-31 12727810core:PlantMachinery2022-08-012023-07-31 12727810core:MotorVehicles2022-08-012023-07-31 12727810core:PlantMachinery2023-07-31 12727810core:MotorVehicles2023-07-31 12727810core:ComputerEquipment2023-07-31 12727810core:AfterOneYear2023-07-31 12727810core:AfterOneYear2022-07-31 127278102021-08-012022-07-31 iso4217:GBP xbrli:pure
Company Registration No. 12727810 (England and Wales)
SMARTECH ELEC LTD Unaudited accounts for the year ended 31 July 2023
SMARTECH ELEC LTD Unaudited accounts Contents
Page
- 2 -
SMARTECH ELEC LTD Company Information for the year ended 31 July 2023
Directors
Andrew Marsden Darren Edwards Philip Conway
Company Number
12727810 (England and Wales)
Registered Office
245 SPEKE ROAD WOOLTON LIVERPOOL L25 0LB ENGLAND
- 3 -
SMARTECH ELEC LTD Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,164 
1,868 
Current assets
Debtors
58,272 
55,324 
Cash at bank and in hand
108 
2,634 
58,380 
57,958 
Creditors: amounts falling due within one year
(29,932)
(8,832)
Net current assets
28,448 
49,126 
Net assets
43,612 
50,994 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
43,609 
50,991 
Shareholders' funds
43,612 
50,994 
For the year ending 31 July 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 30 July 2024 and were signed on its behalf by
Darren Edwards Director Company Registration No. 12727810
- 4 -
SMARTECH ELEC LTD Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
SMARTECH ELEC LTD is a private company, limited by shares, registered in England and Wales, registration number 12727810. The registered office is 245 SPEKE ROAD, WOOLTON, LIVERPOOL, L25 0LB, ENGLAND.
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.
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:
Computer equipment
20% on reducing balance basis
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2022
564 
163 
1,141 
1,868 
Additions
3,044 
11,000 
- 
14,044 
At 31 July 2023
3,608 
11,163 
1,141 
15,912 
Depreciation
Charge for the year
585 
163 
- 
748 
At 31 July 2023
585 
163 
- 
748 
Net book value
At 31 July 2023
3,023 
11,000 
1,141 
15,164 
At 31 July 2022
564 
163 
1,141 
1,868 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
26,095 
23,267 
Other debtors
32,177 
32,057 
58,272 
55,324 
- 5 -
SMARTECH ELEC LTD Notes to the Accounts for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
19,090 
- 
VAT
(675)
552 
Trade creditors
29,470 
28,932 
Taxes and social security
13,000 
7,919 
Other creditors
(23,648)
(26,898)
Loans from directors
(9,737)
(1,673)
Accruals
2,432 
- 
29,932 
8,832 
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).
- 6 -