Registered number: 09929375 | ||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||
Prepared By: | ||||||||
Ratio Business Services Ltd | ||||||||
10 Mardley Hill | ||||||||
Welwyn | ||||||||
Hertfordshire | ||||||||
AL6 0TN |
SMG Business Solutions Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 09929375 | ||||||||
ACCOUNTANTS | ||||||||
Ratio Business Services Ltd | ||||||||
10 Mardley Hill | ||||||||
Welwyn | ||||||||
Hertfordshire | ||||||||
AL6 0TN |
SMG Business Solutions Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/12/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
SMG Business Solutions Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
588,377 | 577,834 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 129,888 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 | |||||||||
Profit and loss account | 175,777 | 131,687 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
SMG Business Solutions Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 10 | |||||
3. TANGIBLE FIXED ASSETS | ||||
Equipment | Total | |||
£ | £ | |||
Cost | ||||
At 01/01/2023 | 2,400 | 2,400 | ||
At 31/12/2023 | 2,400 | 2,400 | ||
Depreciation | ||||
At 01/01/2023 | 600 | 600 | ||
At 31/12/2023 | 600 | 600 | ||
Net Book Amounts | ||||
At 31/12/2023 | 1,800 | |||
At 31/12/2022 | 1,800 | |||
SMG Business Solutions Ltd | ||||||||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 38,586 | 55,235 | ||||||
Prepayments | 17,094 | - | ||||||
55,680 | 55,235 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 10,696 | 2,725 | ||||||
VAT | 32,186 | 31,637 | ||||||
PAYE control | 10,629 | 9,932 | ||||||
Directors current account | 3,331 | 3,331 | ||||||
Trade creditors | 28,420 | 30,215 | ||||||
Other creditors | 2,512 | 4,481 | ||||||
Accruals & deferred income | 326,625 | 365,625 | ||||||
414,399 | 447,946 | |||||||
6. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
1 | 1 | |||||||
0.01 | 0.01 | |||||||
1 | 1 | |||||||
New shares issued during period: | ||||||||
1000000 | 1 | 1 | ||||||
1000 | 0.001 | 0.001 | ||||||