Company Registration No. 06871966 (England and Wales)
Smart Carriers Ltd
Unaudited accounts
for the year ended 30 April 2024
Smart Carriers Ltd
Unaudited accounts
Contents
Smart Carriers Ltd
Company Information
for the year ended 30 April 2024
Directors
David John Smart
Sarah Lyndia Smart
Company Number
06871966 (England and Wales)
Registered Office
The Hub Elstree Aerodrome
Elstree
Borehamwood
WD6 3AW
England
Accountants
Murugesu Associates
77 Milson Road
West Kensington
London
W14 0LH
Smart Carriers Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
70,079
74,105
Cash at bank and in hand
6,480
34,529
Creditors: amounts falling due within one year
(101,847)
(73,662)
Net current liabilities
(22,567)
(2,533)
Total assets less current liabilities
47,512
71,572
Creditors: amounts falling due after more than one year
(21,597)
(37,764)
Called up share capital
2
2
Profit and loss account
25,913
33,806
Shareholders' funds
25,915
33,808
For the year ending 30 April 2024 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 27 September 2024 and were signed on its behalf by
David John Smart
Director
Company Registration No. 06871966
Smart Carriers Ltd
Notes to the Accounts
for the year ended 30 April 2024
Smart Carriers Ltd is a private company, limited by shares, registered in England and Wales, registration number 06871966. The registered office is The Hub Elstree Aerodrome, Elstree, Borehamwood, WD6 3AW, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2023
218,305
2,564
220,869
At 30 April 2024
232,805
2,564
235,369
At 1 May 2023
144,596
2,168
146,764
Charge for the year
18,427
99
18,526
At 30 April 2024
163,023
2,267
165,290
At 30 April 2024
69,782
297
70,079
At 30 April 2023
73,709
396
74,105
Smart Carriers Ltd
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Other debtors
10,338
16,600
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
28,644
30,694
Obligations under finance leases and hire purchase contracts
17,594
17,594
Taxes and social security
4,210
433
Loans from directors
-
4,028
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
21,597
37,764
8
Average number of employees
During the year the average number of employees was 5 (2023: 4).