SMOOTH PRINT LTD

Company Registration Number:
08797590 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

SMOOTH PRINT LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

SMOOTH PRINT LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 15,952 13,054
Total fixed assets: 15,952 13,054
Current assets
Stocks: 3,412 2,726
Debtors:   7,995 9,652
Cash at bank and in hand: 3,868 2,836
Total current assets: 15,275 15,214
Creditors: amounts falling due within one year:   (4,602) (6,022)
Net current assets (liabilities): 10,673 9,192
Total assets less current liabilities: 26,625 22,246
Creditors: amounts falling due after more than one year:   (12,084) (17,799)
Total net assets (liabilities): 14,541 4,447
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 14,441 4,347
Shareholders funds: 14,541 4,447

The notes form part of these financial statements

SMOOTH PRINT LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 September 2024
and signed on behalf of the board by:

Name: S Rashid
Status: Director

The notes form part of these financial statements

SMOOTH PRINT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets and depreciation policy

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on a reducing balance basis

Other accounting policies

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

SMOOTH PRINT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 4 4

SMOOTH PRINT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 28,485
Additions 6,400
At 31 December 2023 34,885
Depreciation
At 01 January 2023 15,431
Charge for year 3,502
At 31 December 2023 18,933
Net book value
At 31 December 2023 15,952
At 31 December 2022 13,054