6 April 2023 false No description of principal activity Taxfiler 2024.6 OC424548business:LimitedLiabilityPartnershipLLP2023-04-062024-04-05 OC4245482023-04-05 OC4245482023-04-062024-04-05 OC424548business:AuditExemptWithAccountantsReport2023-04-062024-04-05 OC424548business:FullAccounts2023-04-062024-04-05 OC4245482024-04-05 OC424548business:PartnerLLP12023-04-062024-04-05 OC424548business:PartnerLLP22023-04-062024-04-05 OC424548business:RegisteredOffice2023-04-062024-04-05 OC4245482023-04-05 OC424548core:WithinOneYear2024-04-05 OC424548core:WithinOneYear2023-04-05 OC424548core:AfterOneYear2024-04-05 OC424548core:AfterOneYear2023-04-05 OC424548core:ShareCapital2024-04-05 OC424548core:ShareCapital2023-04-05 OC424548core:RetainedEarningsAccumulatedLosses2024-04-05 OC424548core:RetainedEarningsAccumulatedLosses2023-04-05 OC424548business:SmallEntities2023-04-062024-04-05 OC424548countries:EnglandWales2023-04-062024-04-05 OC4245482022-04-062023-04-05 iso4217:GBP xbrli:pure
Registered No. OC424548 (England and Wales)
SMART ACCOUNTING & FINANCE SERVICES LLP Unaudited accounts for the year ended 5 April 2024
SMART ACCOUNTING & FINANCE SERVICES LLP LLP Information for the year ended 5 April 2024
Designated members
THINK CNA LTD
VALESBIZ TAX & ADVISORY LTD
Registered Number
OC424548 (England and Wales)
Registered Office
128 CITY ROAD LONDON EC1V 2NX UNITED KINGDOM
Accountants
Smart Accounting & Finance Services LLP 128 City Road London EC1V 2NX
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SMART ACCOUNTING & FINANCE SERVICES LLP Statement of financial position as at 5 April 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
2,717 
533 
Cash at bank and in hand
1,271 
2,014 
3,988 
2,547 
Creditors: amounts falling due within one year
(25,257)
(36,368)
Net current liabilities
(21,269)
(33,821)
Total assets less current liabilities
(21,269)
(33,821)
Creditors: amounts falling due after more than one year
(26,259)
(19,021)
Net liabilities attributable to members
(47,528)
(52,842)
Represented by:
Loans and other debts due to members
2,599 
2,599 
Members' other interests
Members' capital classified as equity
400 
400 
Other reserves
(50,527)
(55,841)
(50,127)
(55,441)
(47,528)
(52,842)
Total members' interests
Loans and other debts due to members
2,599 
2,599 
Members' other interests
(50,127)
(55,441)
(47,528)
(52,842)
For the year ending 5 April 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 12 February 2025.
VALESBIZ TAX & ADVISORY LTD Designated member Limited Liability Partnership Registration No. OC424548
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SMART ACCOUNTING & FINANCE SERVICES LLP Notes to the Accounts for the year ended 5 April 2024
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
2
Statutory information
SMART ACCOUNTING & FINANCE SERVICES LLP is a limited liability partnership, incorporated in England and Wales, registration number OC424548. Its registered office is 128 CITY ROAD, LONDON, EC1V 2NX, UNITED KINGDOM.
3
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
624 
684 
Trade creditors
8,330 
8,829 
Taxes and social security costs
16,303 
8,384 
Other creditors
- 
18,471 
25,257 
36,368 
4
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,109 
5,952 
Other creditors
20,150 
13,069 
26,259 
19,021 
5
Loans and other debts due to members
2024 
2023 
£ 
£ 
Loans from members
2,599 
2,599 
Amounts falling due within one year
2,599 
2,599 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2023: 1).
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