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REGISTERED NUMBER: 12027640 (England and Wales)
















Financial Statements

for the Year Ended 30 June 2024

for

Sma Building & Maintenance Solution
Limited

Sma Building & Maintenance Solution
Limited (Registered number: 12027640)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sma Building & Maintenance Solution
Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs S M Ackland
M Ackland
Mrs S M Rowley
J E Rowley





REGISTERED OFFICE: 701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GL10 3UT





REGISTERED NUMBER: 12027640 (England and Wales)





ACCOUNTANTS: GCSD Accountants Limited
701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GL10 3UT

Sma Building & Maintenance Solution
Limited (Registered number: 12027640)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 48,096 70,653

CURRENT ASSETS
Debtors 5 1,643,371 763,025
Cash at bank 43,506 336,621
1,686,877 1,099,646
CREDITORS
Amounts falling due within one year 6 1,476,723 720,904
NET CURRENT ASSETS 210,154 378,742
TOTAL ASSETS LESS CURRENT LIABILITIES 258,250 449,395

CREDITORS
Amounts falling due after more than one
year

7

256,500

218,396
NET ASSETS 1,750 230,999

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,650 230,899
1,750 230,999

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

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

Sma Building & Maintenance Solution
Limited (Registered number: 12027640)

Balance Sheet - continued
30 June 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 30 January 2025 and were signed on its behalf by:




M Ackland - Director Mrs S M Ackland - Director




Mrs S M Rowley - Director J E Rowley - Director


Sma Building & Maintenance Solution
Limited (Registered number: 12027640)

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


1. STATUTORY INFORMATION

Sma Building & Maintenance Solution 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.
Freehold property - 5% on cost
Plant and machinery - 25% on cost
Motor vehicles - 25% on cost

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.

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.

Sma Building & Maintenance Solution
Limited (Registered number: 12027640)

Notes to the Financial Statements - continued
for the Year Ended 30 June 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 12 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023 2,444 93,826 96,270
Additions - 1,555 1,555
Disposals - (432 ) (432 )
At 30 June 2024 2,444 94,949 97,393
DEPRECIATION
At 1 July 2023 367 25,250 25,617
Charge for year 122 23,666 23,788
Eliminated on disposal - (108 ) (108 )
At 30 June 2024 489 48,808 49,297
NET BOOK VALUE
At 30 June 2024 1,955 46,141 48,096
At 30 June 2023 2,077 68,576 70,653

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 840,524 688,535
Other debtors 802,847 74,490
1,643,371 763,025

Sma Building & Maintenance Solution
Limited (Registered number: 12027640)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 173,402 227,565
Hire purchase contracts (see note 8) 13,420 11,856
Trade creditors 568,471 205,042
Taxation and social security 572,066 253,981
Other creditors 149,364 22,460
1,476,723 720,904

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 216,147 164,623
Hire purchase contracts (see note 8) 40,353 53,773
256,500 218,396

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Gross obligations repayable:
Within one year 18,213 18,213
Between one and five years 45,690 63,903
63,903 82,116

Finance charges repayable:
Within one year 4,793 6,357
Between one and five years 5,337 10,130
10,130 16,487

Net obligations repayable:
Within one year 13,420 11,856
Between one and five years 40,353 53,773
53,773 65,629

Sma Building & Maintenance Solution
Limited (Registered number: 12027640)

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


8. LEASING AGREEMENTS - continued

Non-cancellable operating leases
2024 2023
£    £   
Within one year 56,441 50,679
Between one and five years 134,057 176,993
190,498 227,672