Company Registration No. 11206560 (England and Wales)
SMYLE GROUP LTD
Unaudited accounts
for the year ended 29 February 2024
SMYLE GROUP LTD
Unaudited accounts
Contents
SMYLE GROUP LTD
Company Information
for the year ended 29 February 2024
Company Number
11206560 (England and Wales)
Registered Office
23 CLINTON AVENUE
WELLING
DA16 2DY
UNITED KINGDOM
Accountants
Anme Chow
MoneyTree Financial
215 Charlton Crescent
Barking
Essex
IG11 0NH
SMYLE GROUP LTD
Statement of financial position
as at 29 February 2024
Tangible assets
2,632
4,006
Cash at bank and in hand
2,712
980
Creditors: amounts falling due within one year
(16)
318
Net current assets
2,696
1,298
Called up share capital
1
1
Profit and loss account
5,327
5,303
Shareholders' funds
5,328
5,304
For the year ending 29 February 2024 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 director acknowledges her 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 12 August 2024 and were signed on its behalf by
Karthika Suresh
Director
Company Registration No. 11206560
SMYLE GROUP LTD
Notes to the Accounts
for the year ended 29 February 2024
SMYLE GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 11206560. The registered office is 23 CLINTON AVENUE, WELLING, DA16 2DY, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
3 years straight line basis
Fixtures & fittings
5 year straight line basis
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
205
6,537
1,275
8,017
At 29 February 2024
205
6,537
1,275
8,017
At 1 March 2023
12
2,979
1,020
4,011
Charge for the year
29
1,090
255
1,374
At 29 February 2024
41
4,069
1,275
5,385
At 29 February 2024
164
2,468
-
2,632
At 28 February 2023
193
3,558
255
4,006
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,031
152
Loans from directors
(1,288)
(470)
SMYLE GROUP LTD
Notes to the Accounts
for the year ended 29 February 2024
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).