IRIS Accounts Production v24.3.0.553 05816220 director 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh058162202023-05-31058162202024-05-31058162202023-06-012024-05-31058162202022-05-31058162202022-06-012023-05-31058162202023-05-3105816220ns15:EnglandWales2023-06-012024-05-3105816220ns14:PoundSterling2023-06-012024-05-3105816220ns10:Director12023-06-012024-05-3105816220ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3105816220ns10:SmallEntities2023-06-012024-05-3105816220ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3105816220ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3105816220ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3105816220ns10:FullAccounts2023-06-012024-05-3105816220ns10:CompanySecretary12023-06-012024-05-3105816220ns10:RegisteredOffice2023-06-012024-05-3105816220ns5:CurrentFinancialInstruments2024-05-3105816220ns5:CurrentFinancialInstruments2023-05-3105816220ns5:ShareCapital2024-05-3105816220ns5:ShareCapital2023-05-3105816220ns5:RetainedEarningsAccumulatedLosses2024-05-3105816220ns5:RetainedEarningsAccumulatedLosses2023-05-3105816220ns5:PlantMachinery2023-06-012024-05-3105816220ns5:MotorVehicles2023-06-012024-05-3105816220ns5:ComputerEquipment2023-06-012024-05-3105816220ns5:LeaseholdImprovements2023-05-3105816220ns5:PlantMachinery2023-05-3105816220ns5:MotorVehicles2023-05-3105816220ns5:ComputerEquipment2023-05-3105816220ns5:LeaseholdImprovements2023-06-012024-05-3105816220ns5:LeaseholdImprovements2024-05-3105816220ns5:PlantMachinery2024-05-3105816220ns5:MotorVehicles2024-05-3105816220ns5:ComputerEquipment2024-05-3105816220ns5:LeaseholdImprovements2023-05-3105816220ns5:PlantMachinery2023-05-3105816220ns5:MotorVehicles2023-05-3105816220ns5:ComputerEquipment2023-05-3105816220ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3105816220ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-3105816220ns5:RetainedEarningsAccumulatedLosses2023-05-3105816220ns5:RetainedEarningsAccumulatedLosses2023-06-012024-05-31
REGISTERED NUMBER: 05816220 (England and Wales)



































Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Smart Home Electrical Ltd

Smart Home Electrical Ltd (Registered number: 05816220)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Smart Home Electrical Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: G Freeman





SECRETARY: Ms J Pinter





REGISTERED OFFICE: 24 Pennymore Close
Trentham
Stoke-on-Trent
Staffordshire
ST4 8YQ





REGISTERED NUMBER: 05816220 (England and Wales)





ACCOUNTANTS: Paterson Brodie Limited
Chartered Certified Accountants
Cliveden Chambers
Cliveden Place
Longton
Stoke-on-Trent
Staffordshire
ST3 4JB

Smart Home Electrical Ltd (Registered number: 05816220)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,801 12,482

CURRENT ASSETS
Debtors 5 - 10
Cash at bank 31,521 10,902
31,521 10,912
CREDITORS
Amounts falling due within one year 6 16,041 (225 )
NET CURRENT ASSETS 15,480 11,137
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,281

23,619

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 27,181 23,519
SHAREHOLDERS' FUNDS 27,281 23,619

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

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

The director acknowledges his 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 director and authorised for issue on 16 October 2024 and were signed by:





G Freeman - Director


Smart Home Electrical Ltd (Registered number: 05816220)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Smart Home Electrical Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33.33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023
and 31 May 2024 10,000 4,062 10,995 3,818 28,875
DEPRECIATION
At 1 June 2023 - 2,800 10,530 3,063 16,393
Charge for year - 189 116 376 681
At 31 May 2024 - 2,989 10,646 3,439 17,074
NET BOOK VALUE
At 31 May 2024 10,000 1,073 349 379 11,801
At 31 May 2023 10,000 1,262 465 755 12,482

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors - 10

Smart Home Electrical Ltd (Registered number: 05816220)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Taxation and social security (3,542 ) (2,992 )
Other creditors 19,583 2,767
16,041 (225 )

7. RESERVES
Retained
earnings
£   

At 1 June 2023 23,519
Profit for the year 18,662
Dividends (15,000 )
At 31 May 2024 27,181

8. ULTIMATE CONTROLLING PARTY

The controlling party is G Freeman.

The ultimate controlling party is G Freeman.

Mr G Freeman owns 100% of the issued share capital of the company.