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REGISTERED NUMBER: 11602756 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

SMARTBOX BUSINESS COACHING LIMITED

SMARTBOX BUSINESS COACHING LIMITED (REGISTERED NUMBER: 11602756)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SMARTBOX BUSINESS COACHING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: P Loverdos
Mrs F Loverdos





REGISTERED OFFICE: 10 Beech Court
Wokingham Road
Hurst
Reading
Berkshire
RG10 0RQ





REGISTERED NUMBER: 11602756 (England and Wales)





ACCOUNTANTS: Vernon Gosling Friday Limited
10 Beech Court
Wokingham Road
Hurst
Reading
Berkshire
RG10 0RQ

SMARTBOX BUSINESS COACHING LIMITED (REGISTERED NUMBER: 11602756)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 16,800 21,000
Tangible assets 5 9,770 9,959
26,570 30,959

CURRENT ASSETS
Debtors 6 48,815 7,223
Cash at bank and in hand 80,472 150,870
129,287 158,093
CREDITORS
Amounts falling due within one year 7 75,197 105,698
NET CURRENT ASSETS 54,090 52,395
TOTAL ASSETS LESS CURRENT
LIABILITIES

80,660

83,354

CREDITORS
Amounts falling due after more than one
year

8

3,781

14,080
NET ASSETS 76,879 69,274

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 76,869 69,264
SHAREHOLDERS' FUNDS 76,879 69,274

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

SMARTBOX BUSINESS COACHING LIMITED (REGISTERED NUMBER: 11602756)

STATEMENT OF FINANCIAL POSITION - continued
31 OCTOBER 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 6 March 2025 and were signed on its behalf by:





P Loverdos - Director


SMARTBOX BUSINESS COACHING LIMITED (REGISTERED NUMBER: 11602756)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

SmartBox Business Coaching 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.

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

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 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 November 2023
and 31 October 2024 42,000
AMORTISATION
At 1 November 2023 21,000
Charge for year 4,200
At 31 October 2024 25,200
NET BOOK VALUE
At 31 October 2024 16,800
At 31 October 2023 21,000

SMARTBOX BUSINESS COACHING LIMITED (REGISTERED NUMBER: 11602756)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 15,228
Additions 3,739
At 31 October 2024 18,967
DEPRECIATION
At 1 November 2023 5,269
Charge for year 3,928
At 31 October 2024 9,197
NET BOOK VALUE
At 31 October 2024 9,770
At 31 October 2023 9,959

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,540 5,062
Other debtors 37,275 2,161
48,815 7,223

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,555 9,555
Trade creditors - 5,367
Taxation and social security 14,972 21,235
Other creditors 50,670 69,541
75,197 105,698

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 3,781 14,080