2023-04-012024-03-312024-03-31false07172781Smarter Technologies Limited2024-09-2462090iso4217:GBPxbrli:pure071727812023-04-01071727812024-03-31071727812023-04-012024-03-31071727812022-04-01071727812023-03-31071727812022-04-012023-03-3107172781bus:SmallEntities2023-04-012024-03-3107172781bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3107172781bus:AbridgedAccounts2023-04-012024-03-3107172781bus:PrivateLimitedCompanyLtd2023-04-012024-03-3107172781core:WithinOneYear2024-03-3107172781core:AfterOneYear2024-03-3107172781core:WithinOneYear2023-03-3107172781core:AfterOneYear2023-03-3107172781core:ShareCapital2024-03-3107172781core:SharePremium2024-03-3107172781core:RevaluationReserve2024-03-3107172781core:OtherReservesSubtotal2024-03-3107172781core:RetainedEarningsAccumulatedLosses2024-03-3107172781core:ShareCapital2023-03-3107172781core:SharePremium2023-03-3107172781core:RevaluationReserve2023-03-3107172781core:OtherReservesSubtotal2023-03-3107172781core:RetainedEarningsAccumulatedLosses2023-03-3107172781core:LandBuildings2024-03-3107172781core:PlantMachinery2024-03-3107172781core:Vehicles2024-03-3107172781core:FurnitureFittings2024-03-3107172781core:OfficeEquipment2024-03-3107172781core:NetGoodwill2024-03-3107172781core:IntangibleAssetsOtherThanGoodwill2024-03-3107172781core:ListedExchangeTraded2024-03-3107172781core:UnlistedNon-exchangeTraded2024-03-3107172781core:LandBuildings2023-03-3107172781core:PlantMachinery2023-03-3107172781core:Vehicles2023-03-3107172781core:FurnitureFittings2023-03-3107172781core:OfficeEquipment2023-03-3107172781core:NetGoodwill2023-03-3107172781core:IntangibleAssetsOtherThanGoodwill2023-03-3107172781core:ListedExchangeTraded2023-03-3107172781core:UnlistedNon-exchangeTraded2023-03-3107172781core:LandBuildings2023-04-012024-03-3107172781core:PlantMachinery2023-04-012024-03-3107172781core:Vehicles2023-04-012024-03-3107172781core:FurnitureFittings2023-04-012024-03-3107172781core:OfficeEquipment2023-04-012024-03-3107172781core:NetGoodwill2023-04-012024-03-3107172781core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3107172781core:ListedExchangeTraded2023-04-012024-03-3107172781core:UnlistedNon-exchangeTraded2023-04-012024-03-3107172781core:MoreThanFiveYears2023-04-012024-03-3107172781core:Non-currentFinancialInstruments2024-03-3107172781core:Non-currentFinancialInstruments2023-03-3107172781dpl:CostSales2023-04-012024-03-3107172781dpl:DistributionCosts2023-04-012024-03-3107172781core:LandBuildings2023-04-012024-03-3107172781core:PlantMachinery2023-04-012024-03-3107172781core:Vehicles2023-04-012024-03-3107172781core:FurnitureFittings2023-04-012024-03-3107172781core:OfficeEquipment2023-04-012024-03-3107172781dpl:AdministrativeExpenses2023-04-012024-03-3107172781core:NetGoodwill2023-04-012024-03-3107172781core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3107172781dpl:GroupUndertakings2023-04-012024-03-3107172781dpl:ParticipatingInterests2023-04-012024-03-3107172781dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3107172781core:ListedExchangeTraded2023-04-012024-03-3107172781dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3107172781core:UnlistedNon-exchangeTraded2023-04-012024-03-3107172781dpl:CostSales2022-04-012023-03-3107172781dpl:DistributionCosts2022-04-012023-03-3107172781core:LandBuildings2022-04-012023-03-3107172781core:PlantMachinery2022-04-012023-03-3107172781core:Vehicles2022-04-012023-03-3107172781core:FurnitureFittings2022-04-012023-03-3107172781core:OfficeEquipment2022-04-012023-03-3107172781dpl:AdministrativeExpenses2022-04-012023-03-3107172781core:NetGoodwill2022-04-012023-03-3107172781core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3107172781dpl:GroupUndertakings2022-04-012023-03-3107172781dpl:ParticipatingInterests2022-04-012023-03-3107172781dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3107172781core:ListedExchangeTraded2022-04-012023-03-3107172781dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3107172781core:UnlistedNon-exchangeTraded2022-04-012023-03-3107172781core:NetGoodwill2024-03-3107172781core:IntangibleAssetsOtherThanGoodwill2024-03-3107172781core:LandBuildings2024-03-3107172781core:PlantMachinery2024-03-3107172781core:Vehicles2024-03-3107172781core:FurnitureFittings2024-03-3107172781core:OfficeEquipment2024-03-3107172781core:AfterOneYear2024-03-3107172781core:WithinOneYear2024-03-3107172781core:ListedExchangeTraded2024-03-3107172781core:UnlistedNon-exchangeTraded2024-03-3107172781core:ShareCapital2024-03-3107172781core:SharePremium2024-03-3107172781core:RevaluationReserve2024-03-3107172781core:OtherReservesSubtotal2024-03-3107172781core:RetainedEarningsAccumulatedLosses2024-03-3107172781core:NetGoodwill2023-03-3107172781core:IntangibleAssetsOtherThanGoodwill2023-03-3107172781core:LandBuildings2023-03-3107172781core:PlantMachinery2023-03-3107172781core:Vehicles2023-03-3107172781core:FurnitureFittings2023-03-3107172781core:OfficeEquipment2023-03-3107172781core:AfterOneYear2023-03-3107172781core:WithinOneYear2023-03-3107172781core:ListedExchangeTraded2023-03-3107172781core:UnlistedNon-exchangeTraded2023-03-3107172781core:ShareCapital2023-03-3107172781core:SharePremium2023-03-3107172781core:RevaluationReserve2023-03-3107172781core:OtherReservesSubtotal2023-03-3107172781core:RetainedEarningsAccumulatedLosses2023-03-3107172781core:NetGoodwill2022-04-0107172781core:IntangibleAssetsOtherThanGoodwill2022-04-0107172781core:LandBuildings2022-04-0107172781core:PlantMachinery2022-04-0107172781core:Vehicles2022-04-0107172781core:FurnitureFittings2022-04-0107172781core:OfficeEquipment2022-04-0107172781core:AfterOneYear2022-04-0107172781core:WithinOneYear2022-04-0107172781core:ListedExchangeTraded2022-04-0107172781core:UnlistedNon-exchangeTraded2022-04-0107172781core:ShareCapital2022-04-0107172781core:SharePremium2022-04-0107172781core:RevaluationReserve2022-04-0107172781core:OtherReservesSubtotal2022-04-0107172781core:RetainedEarningsAccumulatedLosses2022-04-0107172781core:AfterOneYear2023-04-012024-03-3107172781core:WithinOneYear2023-04-012024-03-3107172781core:Non-currentFinancialInstrumentscore:CostValuation2023-04-012024-03-3107172781core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-012024-03-3107172781core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-012024-03-3107172781core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-012024-03-3107172781core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-012024-03-3107172781core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-012024-03-3107172781core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3107172781core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3107172781core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3107172781core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3107172781core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3107172781core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3107172781core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3107172781core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3107172781core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3107172781core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3107172781core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3107172781core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3107172781core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3107172781core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3107172781core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3107172781core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3107172781core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3107172781core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3107172781core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3107172781core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3107172781core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3107172781bus:Director12023-04-012024-03-31

Smarter Technologies Limited

Registered Number
07172781
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

Smarter Technologies Limited
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

John Stewart Miller

Registered Address

Unit 1 Broadfield Industrial Estate
Seymour Street
Heywood
OL10 3AJ

Registered Number

07172781 (England and Wales)
Smarter Technologies Limited
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets411,30612,943
11,30612,943
Current assets
Stocks20,13512,592
Debtors59,74411,150
Cash at bank and on hand152,728157,284
182,607181,026
Creditors amounts falling due within one year6(27,154)(21,945)
Net current assets (liabilities)155,453159,081
Total assets less current liabilities166,759172,024
Provisions for liabilities(2,827)(2,459)
Net assets163,932169,565
Capital and reserves
Called up share capital100100
Profit and loss account163,832169,465
Shareholders' funds163,932169,565
The financial statements were approved and authorised for issue by the Director on 24 September 2024, and are signed on its behalf by:
John Stewart Miller
Director
Registered Company No. 07172781
Smarter Technologies Limited
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible Assets are amortised over their expected useful economic life of 4 years.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Government grants or assistance
Government grants are credited to the profit and loss account in the period in which they are received.
2.Average number of employees

20242023
Average number of employees during the year33
3.Intangible assets

Total

£
Cost or valuation
At 01 April 2320,000
At 31 March 2420,000
Amortisation and impairment
At 01 April 2320,000
At 31 March 2420,000
Net book value
At 31 March 24-
At 31 March 23-
4.Tangible fixed assets

Total

£
Cost or valuation
At 01 April 2323,339
Additions522
At 31 March 2423,861
Depreciation and impairment
At 01 April 2310,397
Charge for year2,158
At 31 March 2412,555
Net book value
At 31 March 2411,306
At 31 March 2312,943
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables8,9739,927
Other debtors500591
Prepayments and accrued income271632
Total9,74411,150
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables18,9537,739
Taxation and social security7,01313,231
Accrued liabilities and deferred income1,188975
Total27,15421,945