Company Registration No. 13074852 (England and Wales)
SMA REPAIR CENTRE LTD
Unaudited accounts
for the year ended 31 December 2023
SMA REPAIR CENTRE LTD
Unaudited accounts
Contents
SMA REPAIR CENTRE LTD
Company Information
for the year ended 31 December 2023
Company Number
13074852 (England and Wales)
Registered Office
SMA REPAIR CENTRE LTD
288 ILFORD LANE, UNIT 5
ILFORD
IG1 2LP
ENGLAND
Accountants
Paragon Accounting & Tax Limited
Chartered Certified Accountants
60 Sheringham Drive
Barking, London
United Kingdom
IG11 9AN
SMA REPAIR CENTRE LTD
Statement of financial position
as at 31 December 2023
Tangible assets
18,780
28,170
Cash at bank and in hand
(23,667)
(6,647)
Creditors: amounts falling due within one year
(3,511)
(26,748)
Net current liabilities
(20,598)
(28,145)
Net (liabilities)/assets
(1,818)
25
Called up share capital
100
100
Profit and loss account
(1,918)
(75)
Shareholders' funds
(1,818)
25
For the year ending 31 December 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 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 15 September 2024 and were signed on its behalf by
Shoaib Ali
Director
Company Registration No. 13074852
SMA REPAIR CENTRE LTD
Notes to the Accounts
for the year ended 31 December 2023
SMA REPAIR CENTRE LTD is a private company, limited by shares, registered in England and Wales, registration number 13074852. The registered office is SMA REPAIR CENTRE LTD , 288 ILFORD LANE, UNIT 5, ILFORD, IG1 2LP, 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.
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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2023
14,450
32,500
46,950
At 31 December 2023
14,450
32,500
46,950
At 1 January 2023
5,780
13,000
18,780
Charge for the year
2,890
6,500
9,390
At 31 December 2023
8,670
19,500
28,170
At 31 December 2023
5,780
13,000
18,780
At 31 December 2022
8,670
19,500
28,170
Amounts falling due after more than one year
SMA REPAIR CENTRE LTD
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,541
506
Loans from directors
1,970
26,242
7
Average number of employees
During the year the average number of employees was 3 (2022: 1).