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Company Registration No. 11920050 (England and Wales)
TECH SMART GROUP LIMITED Unaudited accounts for the year ended 30 April 2024
TECH SMART GROUP LIMITED Unaudited accounts Contents
Page
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TECH SMART GROUP LIMITED Company Information for the year ended 30 April 2024
Director
Emir Qureshi
Company Number
11920050 (England and Wales)
Registered Office
332 CRANBROOK ROAD ILFORD ESSEX IG2 6EP United Kingdom
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TECH SMART GROUP LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
2,056 
Tangible assets
7,199 
8,469 
7,199 
10,525 
Current assets
Debtors
159,639 
154,801 
Cash at bank and in hand
730 
12,962 
160,369 
167,763 
Creditors: amounts falling due within one year
(27,818)
(74,351)
Net current assets
132,551 
93,412 
Total assets less current liabilities
139,750 
103,937 
Creditors: amounts falling due after more than one year
(15,830)
(20,354)
Net assets
123,920 
83,583 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
123,918 
83,581 
Shareholders' funds
123,920 
83,583 
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 director acknowledges his 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 and authorised for issue on 16 August 2024 and were signed on its behalf by
Emir Qureshi Director Company Registration No. 11920050
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TECH SMART GROUP LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
TECH SMART GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11920050. The registered office is 332 CRANBROOK ROAD, ILFORD, ESSEX, IG2 6EP, United Kingdom.
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.
3
Accounting policies
These financial statements for the year ended 30 April 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
20% reducing balance basis
Intangible fixed assets
Amortisation is over 6 years.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 May 2023
14,291 
At 30 April 2024
14,291 
Amortisation
At 1 May 2023
12,235 
Charge for the year
2,056 
At 30 April 2024
14,291 
Net book value
At 30 April 2024
- 
At 30 April 2023
2,056 
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TECH SMART GROUP LIMITED Notes to the Accounts for the year ended 30 April 2024
5
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
12,815 
5,050 
17,865 
At 30 April 2024
12,815 
5,050 
17,865 
Depreciation
At 1 May 2023
6,889 
2,507 
9,396 
Charge for the year
889 
381 
1,270 
At 30 April 2024
7,778 
2,888 
10,666 
Net book value
At 30 April 2024
5,037 
2,162 
7,199 
At 30 April 2023
5,926 
2,543 
8,469 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,752 
5,220 
Other debtors
155,887 
149,581 
159,639 
154,801 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
2,624 
4,052 
Taxes and social security
23,344 
64,720 
Other creditors
1,800 
2,474 
Loans from directors
50 
3,105 
27,818 
74,351 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
15,830 
20,354 
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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