SO SMART MEDIA LIMITED

Company Registration Number:
03727318 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

SO SMART MEDIA LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

SO SMART MEDIA LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 3,123 3,785
Total fixed assets: 3,123 3,785
Current assets
Debtors:   27,933 30,261
Cash at bank and in hand: 50,180 53,312
Total current assets: 78,113 83,573
Creditors: amounts falling due within one year: 4 (20,815) (30,549)
Net current assets (liabilities): 57,298 53,024
Total assets less current liabilities: 60,421 56,809
Provision for liabilities: (587) (935)
Total net assets (liabilities): 59,834 55,874
Capital and reserves
Called up share capital: 3 3
Profit and loss account: 59,831 55,871
Shareholders funds: 59,834 55,874

The notes form part of these financial statements

SO SMART MEDIA LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 December 2024
and signed on behalf of the board by:

Name: T W HOPE
Status: Director

The notes form part of these financial statements

SO SMART MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the value of goods sold and services rendered, excluding VAT, up to the balance sheet date.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer Equipment and similar - 25% reducing balance basis Fixtures, Fittings and Equipment - 25% reducing balance basis

Other accounting policies

Taxation: Taxation represents the sum of tax currently payable and deferred tax. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Debtors and Creditors Receivable/Payable Within One Year: Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. Foreign Currencies: Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet. All differences are taken to the profit and loss account.

SO SMART MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

SO SMART MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 17,219
Additions 333
At 31 March 2024 17,552
Depreciation
At 01 April 2023 13,434
Charge for year 995
At 31 March 2024 14,429
Net book value
At 31 March 2024 3,123
At 31 March 2023 3,785

SO SMART MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

There are no secured creditors.