Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-03-24trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsefalse3true 14754721 2023-03-23 14754721 2023-03-24 2024-03-31 14754721 2022-04-01 2023-03-23 14754721 2024-03-31 14754721 1 2023-03-24 2024-03-31 14754721 d:Director2 2023-03-24 2024-03-31 14754721 c:OtherPropertyPlantEquipment 2023-03-24 2024-03-31 14754721 c:OtherPropertyPlantEquipment 2024-03-31 14754721 c:OtherPropertyPlantEquipment c:OwnedOrFreeholdAssets 2023-03-24 2024-03-31 14754721 c:CurrentFinancialInstruments 2024-03-31 14754721 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 14754721 c:ShareCapital 2024-03-31 14754721 c:RetainedEarningsAccumulatedLosses 2024-03-31 14754721 d:OrdinaryShareClass1 2023-03-24 2024-03-31 14754721 d:OrdinaryShareClass1 2024-03-31 14754721 d:OrdinaryShareClass2 2023-03-24 2024-03-31 14754721 d:OrdinaryShareClass2 2024-03-31 14754721 d:FRS102 2023-03-24 2024-03-31 14754721 d:AuditExempt-NoAccountantsReport 2023-03-24 2024-03-31 14754721 d:FullAccounts 2023-03-24 2024-03-31 14754721 d:PrivateLimitedCompanyLtd 2023-03-24 2024-03-31 14754721 e:PoundSterling 2023-03-24 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14754721









SMT GROUP LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
SMT GROUP LIMITED
REGISTERED NUMBER: 14754721

BALANCE SHEET
AS AT 31 MARCH 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
7,833

  
7,833

Current assets
  

Debtors: amounts falling due within one year
 5 
504

Cash at bank and in hand
  
4,690

  
5,194

Creditors: amounts falling due within one year
 6 
(18,742)

Net current (liabilities)/assets
  
 
 
(13,548)

Total assets less current liabilities
  
(5,715)

  

Net (liabilities)/assets
  
(5,715)


Capital and reserves
  

Called up share capital 
 7 
102

Profit and loss account
  
(5,817)

  
(5,715)


Page 1

 
SMT GROUP LIMITED
REGISTERED NUMBER: 14754721

BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 






................................................
Mr T Smith
Director

Date: 24 March 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SMT GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

SMT Group Limited is a private Company limited by shares and incorporated in England and Wales, within the United Kingdom. The Company's registered office is Tennyson House, Cambridge Business Park, Cambridgeshire, CB4 0WZ. The principal activity of the Company is operating a holiday park.
The Company was incorporated on 24 March 2023 and commenced trading on 31 August 2023. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The Company's functional and presentational currency is Pounds sterling.
The financial statements have been rounded to the nearest £.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Directors have considered the going concern basis in preparing these financial statements. They have concluded that the going concern basis is appropriate because sufficient funds will be generated from future trading for a period of at least twelve months from the date of approval of these financial statements to enable the Company to meet its liabilities as they arise.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

All income is recognised on an accruals basis in the period to which it relates.

Page 3

 
SMT GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Hire fleet
-
25%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the period was 3.

Page 4

 
SMT GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Tangible fixed assets





Hire Fleet

£



Cost or valuation


Additions
8,000



At 31 March 2024

8,000



Depreciation


Charge for the period on owned assets
167



At 31 March 2024

167



Net book value



At 31 March 2024
7,833


5.


Debtors

2024
£


Prepayments and accrued income
504



6.


Creditors: Amounts falling due within one year

2024
£

Other creditors
16,342

Accruals and deferred income
2,400

18,742


Page 5

 
SMT GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

7.


Share capital

2024
£
Allotted, called up and fully paid


99 Ordinary class A shares shares of £1.00 each
99
3 Ordinary class B shares shares of £1.00 each
3

102


During the period 99 Ordinary A shares and 3 Ordinary B shares were issued and paid at par for cash consideration.


8.


Related party transactions

During the period the Company operated loans with its Directors, the balance owed to the Directors at 31 March 2024 is £16,342. The balance is interest free and repayable on demand.
The company paid rent of £6,635 to a close relative of the directors. This rent was payable until the purchase of the park completed in December 2024.


9.


Post balance sheet events

In December 2024 the Company purchased Bel Air Park for £2,220,000.


Page 6