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Company Registration No. 12767303 (England and Wales)
SMART TECH AC LIMITED Unaudited accounts for the year ended 31 July 2023
SMART TECH AC LIMITED Unaudited accounts Contents
Page
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SMART TECH AC LIMITED Company Information for the year ended 31 July 2023
Director
KOSWATTA LIYANAGE NILANGA L PERERA
Company Number
12767303 (England and Wales)
Registered Office
KEMP HOUSE 152-160 CITY ROAD LONDON EC1V 2NX ENGLAND
Accountants
IRTS Business Solutions Limited 209 The Heights Northolt Middlesex UB5 4BX
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SMART TECH AC LIMITED Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,461 
6,500 
Current assets
Debtors
13,448 
14,769 
Cash at bank and in hand
5,937 
4,690 
19,385 
19,459 
Creditors: amounts falling due within one year
(11,827)
(23,569)
Net current assets/(liabilities)
7,558 
(4,110)
Net assets
23,019 
2,390 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
23,018 
2,389 
Shareholders' funds
23,019 
2,390 
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 30 April 2024 and were signed on its behalf by
KOSWATTA LIYANAGE NILANGA L PERERA Director Company Registration No. 12767303
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SMART TECH AC LIMITED Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
SMART TECH AC LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12767303. The registered office is KEMP HOUSE, 152-160 CITY ROAD, LONDON, EC1V 2NX, 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:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2022
6,500 
Additions
8,961 
At 31 July 2023
15,461 
Depreciation
At 31 July 2023
- 
Net book value
At 31 July 2023
15,461 
At 31 July 2022
6,500 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,416 
9,484 
Other debtors
7,032 
5,285 
13,448 
14,769 
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SMART TECH AC LIMITED Notes to the Accounts for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,743 
3,926 
Taxes and social security
3,181 
443 
Loans from directors
4,503 
18,000 
Accruals
2,400 
1,200 
11,827 
23,569 
7
Average number of employees
During the year the average number of employees was 1 (2022: 0).
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