2023-02-01 12334678 2024-01-31 12334678 2023-02-01 2024-01-31 12334678 2023-01-31 12334678 2022-02-01 2023-01-31 12334678 uk-core:WithinOneYear 2023-01-31 12334678 uk-core:WithinOneYear 2024-01-31 12334678 uk-core:ShareCapital 2024-01-31 12334678 uk-core:ShareCapital 2023-01-31 12334678 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 12334678 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 12334678 uk-bus:Director1 2023-02-01 2024-01-31 12334678 uk-core:PlantMachinery 2023-02-01 2024-01-31 12334678 uk-core:ComputerEquipment 2023-02-01 2024-01-31 12334678 uk-core:CommercialMotorVehicles 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure 12334678 uk-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 12334678 uk-bus:FRS102 2023-02-01 2024-01-31 12334678 uk-bus:FilletedAccounts 2023-02-01 2024-01-31 12334678 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31
Smart Flow Ltd
Registered Number:12334678
For the year ended 31 January 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2024
Smart Flow Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12334678
As at 31 January 2024
Smart Flow Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
67,327
78,430
67,327
78,430
Current assets
Inventories
8,900
12,000
2
Trade and other receivables
48,536
42,558
3
140,169
Cash and cash equivalents
110,943
165,501
197,605
Trade and other payables: amounts falling due within one year
(88,836)
(57,825)
4
108,769
107,676
Net current assets
Total assets less current liabilities
175,003
187,199
(12,792)
(14,902)
Provisions for liabilities
162,211
Net assets
172,297
Capital and reserves
Called up share capital
1
1
Retained earnings
162,210
172,296
162,211
172,297
Shareholders' funds
For the year ended 31 January 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 31 January 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.
Ryan Hobson Director
These financial statements were approved and authorised for issue by the Board on 26 November 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 January 2024
Smart Flow Ltd
Notes to the Financial Statements
Statutory Information
Smart Flow Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 12334678.
Principal place of business:
3 Kenwood Avenue
Sheffield
S7 1NN
Registered address:
18a Rother Court
Mangham Road
Parkgate
Rotherham
S62 6DR
The presentation currency is £ sterling.
1. Accounting policies
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.
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:
Plant and Machinery
15% Reducing balance
33% Straight line
Computer Equipment
25% Reducing balance
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.
2. Inventories
2023
2024
£
£
Stocks
12,000
8,900
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5
For the year ended 31 January 2024
Smart Flow Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Trade debtors
27,390
35,292
Other debtors
15,168
13,244
48,536
42,558
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
7,350
19,967
Taxation and social security
45,983
60,929
Other creditors
4,492
7,940
57,825
88,836
5. Average number of persons employed
During the year the average number of employees was 10 (2023 : 11)
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