Registered Number:08980270 |
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 April 2024
Smartpipes Trading Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Smartpipes Trading Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
9,678
19,950
2
9,678
19,950
327,452
211,567
3
Trade and other receivables |
6,734
17,885
4
86,500
Cash and cash equivalents |
203,852
433,304
420,686
Trade and other payables: amounts falling due within one |
year |
(144,066)
(162,967)
5
276,620
270,337
Net current assets
Total assets less current liabilities |
280,015
296,570
280,015
Net assets
296,570
100
100
279,915
296,470
280,015
296,570
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
BURZYNSKI, Pawel Adam Director |
These financial statements were approved and authorised for issue by the Board on 16 January 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 April 2024
Smartpipes Trading Ltd
Notes to the Financial Statements
Statutory Information
Smartpipes Trading Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 08980270. |
66 Woodborough Road
Mansfield
Derbishire
NG19 6NN
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
Motor Vehicles
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result. |
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For the year ended 30 April 2024
Smartpipes Trading Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor Vehicles
42,212
11,217
30,995
30,995
11,217
42,212
Provision for depreciation and impairment |
22,262
6,441
15,821
Charge for year
10,272
2,523
7,749
32,534
8,964
23,570
7,425
2,253
9,678
15,174
4,776
19,950
2023
2024
211,567
327,452
4. Trade and other receivables |
2023
2024
17,048
6,650
837
84
6,734
17,885
5. Trade and other payables: amounts falling due within one year |
2023
2024
Taxation and social security |
72,356
52,162
90,611
91,904
162,967
144,066
6. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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