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REGISTERED NUMBER: 09014973 (England and Wales)















Smiths Leisure Homes Limited

Unaudited Financial Statements for the Year Ended 30 April 2024






Smiths Leisure Homes Limited (Registered number: 09014973)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


Smiths Leisure Homes Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: T W J Smith
S Smith





REGISTERED OFFICE: 19 Brisco Avenue
Loughborough
Leicestershire
LE11 5HB





REGISTERED NUMBER: 09014973 (England and Wales)





ACCOUNTANTS: Salway and Wright
32 The Crescent
Spalding
Lincolnshire
PE11 1AF

Smiths Leisure Homes Limited (Registered number: 09014973)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,056,614 1,061,158

CURRENT ASSETS
Debtors 5 21,414 56,694
Cash at bank 542 759
21,956 57,453
CREDITORS
Amounts falling due within one year 6 336,347 322,256
NET CURRENT LIABILITIES (314,391 ) (264,803 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

742,223

796,355

CREDITORS
Amounts falling due after more than one
year

7

414,125

469,114
NET ASSETS 328,098 327,241

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 328,096 327,239
328,098 327,241

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Smiths Leisure Homes Limited (Registered number: 09014973)

Balance Sheet - continued
30 April 2024


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 Board of Directors and authorised for issue on 10 January 2025 and were signed on its behalf by:





S Smith - Director


Smiths Leisure Homes Limited (Registered number: 09014973)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Smiths Leisure Homes Limited 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 - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 2 ) .

Smiths Leisure Homes Limited (Registered number: 09014973)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 1,046,538 40,200 1,086,738
DEPRECIATION
At 1 May 2023 - 25,580 25,580
Charge for year - 4,544 4,544
At 30 April 2024 - 30,124 30,124
NET BOOK VALUE
At 30 April 2024 1,046,538 10,076 1,056,614
At 30 April 2023 1,046,538 14,620 1,061,158

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 21,414 56,694

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 8,251 7,120
Trade creditors 6,254 5,254
Taxation and social security 41,254 50,740
Other creditors 280,588 259,142
336,347 322,256

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 414,125 469,114