1 January 2023 false No description of principal activity Taxfiler 2024.5 09239984business:PrivateLimitedCompanyLtd2023-01-012023-12-31 092399842022-12-31 092399842023-01-012023-12-31 09239984business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 09239984business:FilletedAccounts2023-01-012023-12-31 092399842023-12-31 09239984business:Director12023-01-012023-12-31 09239984business:Director22023-01-012023-12-31 09239984business:RegisteredOffice2023-01-012023-12-31 092399842022-12-31 09239984core:WithinOneYear2023-12-31 09239984core:WithinOneYear2022-12-31 09239984core:AfterOneYear2023-12-31 09239984core:AfterOneYear2022-12-31 09239984core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 09239984core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 09239984core:SharePremiumcore:PreviouslyStatedAmount2023-12-31 09239984core:SharePremiumcore:PreviouslyStatedAmount2022-12-31 09239984core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 09239984core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 09239984core:PreviouslyStatedAmount2023-12-31 09239984core:PreviouslyStatedAmount2022-12-31 09239984business:SmallEntities2023-01-012023-12-31 09239984countries:EnglandWales2023-01-012023-12-31 09239984core:ComputerEquipment2023-01-012023-12-31 09239984core:IntangibleAssetsOtherThanGoodwill2022-12-31 09239984core:IntangibleAssetsOtherThanGoodwill2023-12-31 09239984core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-31 09239984core:ComputerEquipment2022-12-31 09239984core:ComputerEquipment2023-12-31 092399842022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 09239984 (England and Wales)
Smart Respiratory Products Limited Unaudited accounts for the year ended 31 December 2023
Smart Respiratory Products Limited Unaudited accounts Contents
Page
- 2 -
Smart Respiratory Products Limited Company Information for the year ended 31 December 2023
Directors
Mr Thomas Antalffy Mr Richard Petho
Company Number
09239984 (England and Wales)
Registered Office
IMPERIAL I-HUB LEVEL 4, 84 WOOD LANE, WHITE CITY LONDON W12 0BZ ENGLAND
Accountants
Claim Capital (t/a Jump Accounting) 33 Queen St Pl London EC4R 1AP
- 3 -
Smart Respiratory Products Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
4,094 
Tangible assets
- 
201 
Investments
10,000 
10,000 
10,000 
14,295 
Current assets
Inventories
1,537 
12,374 
Debtors
130,565 
167,566 
Cash at bank and in hand
25,392 
179,005 
157,494 
358,945 
Creditors: amounts falling due within one year
(19,120)
(28,282)
Net current assets
138,374 
330,663 
Total assets less current liabilities
148,374 
344,958 
Creditors: amounts falling due after more than one year
(2,250,600)
(1,949,344)
Net liabilities
(2,102,226)
(1,604,386)
Capital and reserves
Called up share capital
125,000 
125,000 
Share premium
380,000 
380,000 
Profit and loss account
(2,607,226)
(2,109,386)
Shareholders' funds
(2,102,226)
(1,604,386)
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 directors acknowledge their 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 of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by
Mr Thomas Antalffy Director Company Registration No. 09239984
- 4 -
Smart Respiratory Products Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Smart Respiratory Products Limited is a private company, limited by shares, registered in England and Wales, registration number 09239984. The registered office is IMPERIAL I-HUB LEVEL 4, 84 WOOD LANE,, WHITE CITY, LONDON, W12 0BZ, 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.
3
Accounting policies
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
33 % on reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Patents and licences are being amortised evenly over their estimated useful life of five years
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2023
78,344 
At 31 December 2023
78,344 
Amortisation
At 1 January 2023
74,250 
Charge for the year
4,094 
At 31 December 2023
78,344 
Net book value
At 31 December 2023
- 
At 31 December 2022
4,094 
- 5 -
Smart Respiratory Products Limited Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
1,877 
At 31 December 2023
1,877 
Depreciation
At 1 January 2023
1,676 
Charge for the year
201 
At 31 December 2023
1,877 
Net book value
At 31 December 2023
- 
At 31 December 2022
201 
6
Investments
Other investments 
£ 
Valuation at 1 January 2023
10,000 
Valuation at 31 December 2023
10,000 
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
26,585 
15,994 
Amounts due from group undertakings etc.
98,514 
146,106 
Accrued income and prepayments
5,466 
5,466 
130,565 
167,566 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,560 
2,778 
Trade creditors
15,002 
31,626 
Amounts owed to group undertakings and other participating interests
858 
858 
Taxes and social security
- 
(15,369)
Other creditors
591 
6,319 
Accruals
1,109 
2,070 
19,120 
28,282 
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
2,146,561 
1,949,344 
Other creditors
104,039 
- 
2,250,600 
1,949,344 
- 6 -
Smart Respiratory Products Limited Notes to the Accounts for the year ended 31 December 2023
10
Average number of employees
During the year the average number of employees was 3 (2022: 0).
- 7 -