IRIS Accounts Production v24.3.2.46 06350269 director 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh063502692023-08-31063502692024-08-31063502692023-09-012024-08-31063502692022-08-31063502692022-09-012023-08-31063502692023-08-3106350269ns15:EnglandWales2023-09-012024-08-3106350269ns14:PoundSterling2023-09-012024-08-3106350269ns10:Director12023-09-012024-08-3106350269ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3106350269ns10:SmallEntities2023-09-012024-08-3106350269ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3106350269ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3106350269ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3106350269ns10:AbridgedAccounts2023-09-012024-08-3106350269ns10:CompanySecretary12023-09-012024-08-3106350269ns10:RegisteredOffice2023-09-012024-08-3106350269ns5:CurrentFinancialInstruments2024-08-3106350269ns5:CurrentFinancialInstruments2023-08-3106350269ns5:Non-currentFinancialInstruments2024-08-3106350269ns5:Non-currentFinancialInstruments2023-08-3106350269ns5:ShareCapital2024-08-3106350269ns5:ShareCapital2023-08-3106350269ns5:RetainedEarningsAccumulatedLosses2024-08-3106350269ns5:RetainedEarningsAccumulatedLosses2023-08-3106350269ns5:PlantMachinery2023-09-012024-08-3106350269ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-08-3106350269ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-08-31
REGISTERED NUMBER: 06350269 (England and Wales)



Unaudited Financial Statements

for the Year Ended 31st August 2024

for

Smart Engineering (UK) Limited

Smart Engineering (UK) Limited (Registered number: 06350269)






Contents of the Financial Statements
for the Year Ended 31st August 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Smart Engineering (UK) Limited

Company Information
for the Year Ended 31st August 2024







DIRECTOR: D Smart





SECRETARY: Mrs P J Smart





REGISTERED OFFICE: 6 Manchester Road
Buxton
Derbyshire
SK17 6SB





REGISTERED NUMBER: 06350269 (England and Wales)





ACCOUNTANTS: Laytons
Chartered Accountants
6 Manchester Road
Buxton
Derbyshire
SK17 6SB

Smart Engineering (UK) Limited (Registered number: 06350269)

Abridged Balance Sheet
31st August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,860 31,729

CURRENT ASSETS
Debtors 5 163,914 97,750
Cash at bank 84,116 193,165
248,030 290,915
CREDITORS
Amounts falling due within one year 49,594 65,660
NET CURRENT ASSETS 198,436 225,255
TOTAL ASSETS LESS CURRENT LIABILITIES 225,296 256,984

CREDITORS
Amounts falling due after more than one year - 12,917
NET ASSETS 225,296 244,067

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 225,196 243,967
SHAREHOLDERS' FUNDS 225,296 244,067

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

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

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 19th March 2025 and were signed by:





D Smart - Director


Smart Engineering (UK) Limited (Registered number: 06350269)

Notes to the Financial Statements
for the Year Ended 31st August 2024

1. STATUTORY INFORMATION

Smart Engineering (UK) 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.
Plant and machinery etc - 33% on reducing balance, 25% on reducing balance and 15% on reducing balance

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.

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 8 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st September 2023
and 31st August 2024 72,714
DEPRECIATION
At 1st September 2023 40,985
Charge for year 4,869
At 31st August 2024 45,854
NET BOOK VALUE
At 31st August 2024 26,860
At 31st August 2023 31,729

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors 125,000 -

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year ended 31st August 2024, the company owed £624 (2023: £868) to the director Mr D Smart. The loan is interest free and repayable on demand.

Smart Engineering (UK) Limited (Registered number: 06350269)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

7. RELATED PARTY DISCLOSURES

At the year end, the company was owed £125,000 by Danny Smart Ltd. A company that Mr D Smart is 100% in control of.