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REGISTERED NUMBER: 14538644 (England and Wales)













Unaudited Financial Statements

for the period

13 December 2022 to 31 March 2024

for

Smith Two 2022 Limited

Smith Two 2022 Limited (Registered number: 14538644)






Contents of the Financial Statements
for the period 13 December 2022 to 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Smith Two 2022 Limited

Company Information
for the period 13 December 2022 to 31 March 2024







DIRECTORS: T S Smith
S Smith
Mrs C Smith





REGISTERED OFFICE: Atherton Holme Mill
Railway Street
Stacksteads
United Kingdom
OL13 0UF





REGISTERED NUMBER: 14538644 (England and Wales)





ACCOUNTANTS: Mayes Business Partnership Ltd
Chartered Certified Accountants
22-28 Willow Street
Accrington
Lancashire
BB5 1LP

Smith Two 2022 Limited (Registered number: 14538644)

Abridged Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Investment property 4 296,425

CREDITORS
Amounts falling due within one year 296,042
NET CURRENT LIABILITIES (296,042 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

383

CAPITAL AND RESERVES
Called up share capital 5 100
Retained earnings 283
SHAREHOLDERS' FUNDS 383

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 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.

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 Balance Sheet for the period ended 31 March 2024 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 Board of Directors and authorised for issue on 6 September 2024 and were signed on its behalf by:




S Smith - Director


Smith Two 2022 Limited (Registered number: 14538644)

Notes to the Financial Statements
for the period 13 December 2022 to 31 March 2024

1. STATUTORY INFORMATION

Smith Two 2022 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.

The company has net current liabilities of £273,587. The company is reliant on the continued financial support of companies associated with the directors and included within current liabilities are amounts owed to them of £295,976. The directors are of the opinion that trading performance will improve over the next financial year and that the relevant support will be maintained. No adjustments have been made that may have been found necessary of any other basis of preparation had been used.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

Smith Two 2022 Limited (Registered number: 14538644)

Notes to the Financial Statements - continued
for the period 13 December 2022 to 31 March 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 296,425
At 31 March 2024 296,425
NET BOOK VALUE
At 31 March 2024 296,425

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
10,000 Ordinary 1p 100

10,000 Ordinary shares of 1p were issued during the period for cash of £ 100 .