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
TECH SMART GROUP LIMITED
Company Information
for the year ended 30 April 2024
Company Number
11920050 (England and Wales)
Registered Office
332 CRANBROOK ROAD
ILFORD
ESSEX
IG2 6EP
United Kingdom
TECH SMART GROUP LIMITED
Statement of financial position
as at 30 April 2024
Tangible assets
7,199
8,469
Cash at bank and in hand
730
12,962
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)
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
TECH SMART GROUP LIMITED
Notes to the Accounts
for the year ended 30 April 2024
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.
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.
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:
Fixtures & fittings
20% reducing balance basis
Amortisation is over 6 years.
4
Intangible fixed assets
Other
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
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
At 30 April 2024
5,037
2,162
7,199
At 30 April 2023
5,926
2,543
8,469
Amounts falling due within one year
Other debtors
155,887
149,581
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
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).