Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 11181651 Miss Sonya Manolova iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11181651 2023-02-28 11181651 2024-02-29 11181651 2023-03-01 2024-02-29 11181651 frs-core:CurrentFinancialInstruments 2024-02-29 11181651 frs-core:ComputerEquipment 2024-02-29 11181651 frs-core:ComputerEquipment 2023-03-01 2024-02-29 11181651 frs-core:ComputerEquipment 2023-02-28 11181651 frs-core:MotorVehicles 2024-02-29 11181651 frs-core:MotorVehicles 2023-03-01 2024-02-29 11181651 frs-core:MotorVehicles 2023-02-28 11181651 frs-core:ShareCapital 2024-02-29 11181651 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 11181651 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 11181651 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 11181651 frs-bus:SmallEntities 2023-03-01 2024-02-29 11181651 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 11181651 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 11181651 frs-bus:Director1 2023-03-01 2024-02-29 11181651 frs-countries:EnglandWales 2023-03-01 2024-02-29 11181651 2022-02-28 11181651 2023-02-28 11181651 2022-03-01 2023-02-28 11181651 frs-core:CurrentFinancialInstruments 2023-02-28 11181651 frs-core:ShareCapital 2023-02-28 11181651 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 11181651
SM DELIVERY LTD
Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11181651
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 28,639 29,698
28,639 29,698
CURRENT ASSETS
Cash at bank and in hand 7,678 8,099
7,678 8,099
Creditors: Amounts Falling Due Within One Year 5 (63,874 ) (32,906 )
NET CURRENT ASSETS (LIABILITIES) (56,196 ) (24,807 )
TOTAL ASSETS LESS CURRENT LIABILITIES (27,557 ) 4,891
NET (LIABILITIES)/ASSETS (27,557 ) 4,891
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (27,657 ) 4,791
SHAREHOLDERS' FUNDS (27,557) 4,891
Page 1
Page 2
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Miss Sonya Manolova
Director
23/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SM DELIVERY LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11181651 . The registered office is C/O Oaksourcing Accountancy - Wellington House, Starley Way, Solihull, B37 7HB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% RBM
Computer Equipment 33% SLM
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 March 2023 49,434 1,123 50,557
Additions 8,870 - 8,870
As at 29 February 2024 58,304 1,123 59,427
Depreciation
As at 1 March 2023 20,118 741 20,859
Provided during the period 9,547 382 9,929
As at 29 February 2024 29,665 1,123 30,788
Net Book Value
As at 29 February 2024 28,639 - 28,639
As at 1 March 2023 29,316 382 29,698
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Page 4
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 27,391 -
Corporation tax 9,810 9,810
Other taxes and social security - 7,983
VAT 19,418 11,007
Accruals and deferred income 2,250 1,501
Director's loan account 5,005 2,605
63,874 32,906
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4