Company Registration No. 06074826 (England and Wales)
Smart Investa Limited
Unaudited accounts
for the year ended 31 March 2024
Smart Investa Limited
Unaudited accounts
Contents
Smart Investa Limited
Company Information
for the year ended 31 March 2024
Directors
Karl Mills Lyons
Sasha Bolatovich Jolliffe
Company Number
06074826 (England and Wales)
Registered Office
6 POOLE HILL
BOURNEMOUTH
BH2 5PS
ENGLAND
Accountants
Accurate Complete Accounting Ltd
Upper Ground Floor
Streate Place, St Peters Road
Bournemouth
Dorset
BH1 2LT
Smart Investa Limited
Statement of financial position
as at 31 March 2024
Tangible assets
72,119
73,498
Investment property
64,784
64,784
Cash at bank and in hand
11,159
-
Creditors: amounts falling due within one year
(199,813)
(220,394)
Net current liabilities
(186,847)
(190,294)
Net liabilities
(49,944)
(52,012)
Called up share capital
100
100
Profit and loss account
(50,044)
(52,112)
Shareholders' funds
(49,944)
(52,012)
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 20 January 2025 and were signed on its behalf by
Sasha Bolatovich Jolliffe
Director
Company Registration No. 06074826
Smart Investa Limited
Notes to the Accounts
for the year ended 31 March 2024
Smart Investa Limited is a private company, limited by shares, registered in England and Wales, registration number 06074826. The registered office is 6 POOLE HILL, BOURNEMOUTH, BH2 5PS, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
83,333
15,407
98,740
At 31 March 2024
83,333
15,407
98,740
At 1 April 2023
10,190
15,052
25,242
Charge for the year
1,290
89
1,379
At 31 March 2024
11,480
15,141
26,621
At 31 March 2024
71,853
266
72,119
At 31 March 2023
73,143
355
73,498
Fair value at 1 April 2023
64,784
Smart Investa Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Accrued income and prepayments
1,807
1,640
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,297
6,785
Trade creditors
15,108
23,529
Other creditors
2,915
162,520
Loans from directors
172,762
26,489
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).