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REGISTERED NUMBER: 06389700 (England and Wales)















SMTXTRA LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2024






SMTXTRA LIMITED (REGISTERED NUMBER: 06389700)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SMTXTRA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTORS: Mrs Z Cassidy
S M Cassidy





SECRETARY: Mrs Z Cassidy





REGISTERED OFFICE: W.H. Prior
Railway Court
Doncaster
South Yorkshire
DN4 5FB





REGISTERED NUMBER: 06389700 (England and Wales)





ACCOUNTANTS: W H Prior
Chartered Certified Accountants
Railway Court
Off Ten Pound Walk
Doncaster
South Yorkshire
DN4 5FB

SMTXTRA LIMITED (REGISTERED NUMBER: 06389700)

BALANCE SHEET
30TH APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 103,231 99,632
Investments 5 6,850 6,850
110,081 106,482

CURRENT ASSETS
Stocks 63,145 57,248
Debtors 6 880,804 958,294
Cash at bank and in hand 27,116 51,501
971,065 1,067,043
CREDITORS
Amounts falling due within one year 7 228,633 409,546
NET CURRENT ASSETS 742,432 657,497
TOTAL ASSETS LESS CURRENT
LIABILITIES

852,513

763,979

CREDITORS
Amounts falling due after more than one
year

8

(13,097

)

-

PROVISIONS FOR LIABILITIES (25,440 ) (24,460 )
NET ASSETS 813,976 739,519

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 813,974 739,517
SHAREHOLDERS' FUNDS 813,976 739,519

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th 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.

SMTXTRA LIMITED (REGISTERED NUMBER: 06389700)

BALANCE SHEET - continued
30TH 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th January 2025 and were signed on its behalf by:





Mrs Z Cassidy - Director


SMTXTRA LIMITED (REGISTERED NUMBER: 06389700)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024


1. STATUTORY INFORMATION

Smtxtra 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.
Short leasehold improvements - 10% on cost
Plant and machinery - 20% on reducing balance
Computer Equipment & Software - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

SMTXTRA LIMITED (REGISTERED NUMBER: 06389700)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st May 2023 18,864 518,946 537,810
Additions - 32,117 32,117
At 30th April 2024 18,864 551,063 569,927
DEPRECIATION
At 1st May 2023 16,093 422,085 438,178
Charge for year 1,887 26,631 28,518
At 30th April 2024 17,980 448,716 466,696
NET BOOK VALUE
At 30th April 2024 884 102,347 103,231
At 30th April 2023 2,771 96,861 99,632

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st May 2023
and 30th April 2024 6,850
NET BOOK VALUE
At 30th April 2024 6,850
At 30th April 2023 6,850

During the year ended 30th April 2023 the company subscribed to 100% of the share capital of Smtxtra Europe Kft registered in Hungary at a cost of £6,735 (Ft3,000,000). Aso during the year the company subscribed to 100% of the share capital of Smtxtra Mex, S. de R.L. de C.V registered in Mexico at a cost of £115 (MEX$3000).

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 810,148 907,089
Other debtors 70,656 51,205
880,804 958,294

SMTXTRA LIMITED (REGISTERED NUMBER: 06389700)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,191 33,208
Payments on account - 116,493
Trade creditors 135,186 52,323
Taxation and social security 23,877 23,532
Other creditors 59,379 183,990
228,633 409,546

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 13,097 -

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th April 2024 and 30th April 2023:

2024 2023
£    £   
Mrs Z Cassidy
Balance outstanding at start of year - 20,328
Amounts advanced 2,458 8,473
Amounts repaid (5,000 ) (28,801 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,542 ) -

S M Cassidy
Balance outstanding at start of year (1,407 ) (9,472 )
Amounts advanced 5,870 10,065
Amounts repaid (5,000 ) (2,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (537 ) (1,407 )

Loans were provided to and received from the Directors during the year. These loans were provided free of interest and are repayable on demand.

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £10,000 (2023 - £4,000) were paid to the directors .

11. ULTIMATE CONTROLLING PARTY

Mr & Mrs Cassidy control the company jointly.