Company registration number 14051138 (England and Wales)
SMART NICHE PRODUCTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
SMART NICHE PRODUCTS LIMITED
BALANCE SHEET
AS AT
30 APRIL 2024
30 April 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
1,086
1,724
Current assets
1,070
1,993
Creditors: amounts falling due within one year
(12,530)
(11,765)
Net current liabilities
(11,460)
(9,772)
Total assets less current liabilities
(10,374)
(8,048)
Net liabilities
(10,374)
(8,048)
Capital and reserves
(10,374)
(8,048)
SMART NICHE PRODUCTS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2024
30 April 2024
- 2 -
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
1
1
2
Going Concern

The financial statements have been prepared on a going concern basis. The director considers the basis to be appropriate despite the fact that the balance sheet shows net liabilities at 30th April 2024. The company is generating sufficient cash flows on a weekly basis together with support of its directors to meet its current liabilities.

 

Should the company be unable to continue trading, adjustments would have been made to adjust the value of the assets to their recoverable amount, to provide for any further liabilities that might arise.

Smart Niche Products Limited is a private company limited by shares incorporated in England and Wales. The registered office is Phoenix House, 2 Phoenix Park, Eaton Socon, St Neots, Cambridgeshire, PE19 8EP.

For the year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 23 September 2024
..............................................
Mr Balbir Singh
Director
Company registration number 14051138 (England and Wales)
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