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REGISTERED NUMBER: 09445967 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

SM HOLDINGS LIMITED

SM HOLDINGS LIMITED (REGISTERED NUMBER: 09445967)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


SM HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr S Shamash
Mr A Shamash





REGISTERED OFFICE: 415 Centennial Park
Centennial Avenue
Elstree
Hertfordshire
WD6 3TN





REGISTERED NUMBER: 09445967 (England and Wales)





ACCOUNTANTS: EA
Chartered Accountants
869 High Road
London
N12 8QA

SM HOLDINGS LIMITED (REGISTERED NUMBER: 09445967)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 104 104

CURRENT ASSETS
Debtors 5 823,417 823,417
Cash in hand 2 2
823,419 823,419
CREDITORS
Amounts falling due within one year 6 784 784
NET CURRENT ASSETS 822,635 822,635
TOTAL ASSETS LESS CURRENT
LIABILITIES

822,739

822,739

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings 822,733 822,733
SHAREHOLDERS' FUNDS 822,739 822,739

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by:





Mr A Shamash - Director


SM HOLDINGS LIMITED (REGISTERED NUMBER: 09445967)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

SM Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

RELATED PARTY EXEMPTION
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 104
NET BOOK VALUE
At 31 March 2024 104
At 31 March 2023 104

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 773,417 773,417
Other debtors 50,000 50,000
823,417 823,417

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings - 784
Other creditors 784 -
784 784

SM HOLDINGS LIMITED (REGISTERED NUMBER: 09445967)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. RELATED PARTY DISCLOSURES

Included in debtors, amounts falling due within one year, is an interest free amount of £50,000 (2023: £50,000) owed by a company in which Mr S Shamash is a common director.

Included in creditors, amounts falling due within one year, is an interest free amount of £784 (2023: £nil), owed to the director of the company, Mr A Shamash.

8. ULTIMATE CONTROLLING PARTY

During the period under review, the company was under the control of the director, Mr A Shamash.