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REGISTERED NUMBER: 04443150















Unaudited Financial Statements for the Year Ended 30 April 2024

for

SMC Entertainment Limited

SMC Entertainment Limited (Registered number: 04443150)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SMC Entertainment Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr P A Minney





REGISTERED OFFICE: Whitfield Business Hub
184 - 200 Pensby Road
Heswall
Wirral
CH60 7RJ





REGISTERED NUMBER: 04443150





ACCOUNTANTS: McParland Williams Limited
13 Liverpool Road North
Maghull
Merseyside
L31 2HB

SMC Entertainment Limited (Registered number: 04443150)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 4,513 2,499
4,513 2,499

CURRENT ASSETS
Debtors 6 14,331 23,905
Cash at bank and in hand 23,769 16,209
38,100 40,114
CREDITORS
Amounts falling due within one year 7 20,175 24,923
NET CURRENT ASSETS 17,925 15,191
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,438

17,690

CREDITORS
Amounts falling due after more than one
year

8

(12,835

)

(17,310

)

PROVISIONS FOR LIABILITIES (146 ) (146 )
NET ASSETS 9,457 234

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 9,456 233
9,457 234

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 director acknowledges his 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.

SMC Entertainment Limited (Registered number: 04443150)

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 director and authorised for issue on 30 January 2025 and were signed by:





Mr P A Minney - Director


SMC Entertainment Limited (Registered number: 04443150)

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

1. STATUTORY INFORMATION

SMC Entertainment Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% 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.

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 1 (2023 - NIL ) .

SMC Entertainment Limited (Registered number: 04443150)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 7,500
AMORTISATION
At 1 May 2023
and 30 April 2024 7,500
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 May 2023 13,913
Additions 4,125
At 30 April 2024 18,038
DEPRECIATION
At 1 May 2023 11,414
Charge for year 2,111
At 30 April 2024 13,525
NET BOOK VALUE
At 30 April 2024 4,513
At 30 April 2023 2,499

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 6,590 16,258
Other debtors 7,644 7,644
Directors' current accounts 97 3
14,331 23,905

SMC Entertainment Limited (Registered number: 04443150)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 4,776 4,776
Trade creditors 4,649 10,295
Corporation Tax 10,231 9,483
Other creditors (less 1 year) 200 200
Credit card 319 169
20,175 24,923

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans more 5 yrs non-inst 12,835 17,310

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 12,835 17,310