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REGISTERED NUMBER: 14655136 (England and Wales)











Financial Statements

for the Year Ended 28 February 2025

for

SM&RC LTD

SM&RC LTD (REGISTERED NUMBER: 14655136)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SM&RC LTD

Company Information
for the Year Ended 28 February 2025







DIRECTORS: Miss S M Correia
Mr A A Teixeira Correia





REGISTERED OFFICE: 42 Lytton Road
Barnet
United Kingdom
EN5 5BY





REGISTERED NUMBER: 14655136 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

SM&RC LTD (REGISTERED NUMBER: 14655136)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - 6,150
Tangible assets 5 - 1,223
- 7,373

CURRENT ASSETS
Cash at bank 26,342 28,102

CREDITORS
Amounts falling due within one year 6 26,340 6,598
NET CURRENT ASSETS 2 21,504
TOTAL ASSETS LESS CURRENT
LIABILITIES

2

28,877

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 8 - 28,875
SHAREHOLDERS' FUNDS 2 28,877

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 April 2025 and were signed on its behalf by:





Mr A A Teixeira Correia - Director


SM&RC LTD (REGISTERED NUMBER: 14655136)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Sm&Rc Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 March 2024 6,150
Disposals (6,150 )
At 28 February 2025 -
NET BOOK VALUE
At 28 February 2025 -
At 29 February 2024 6,150

SM&RC LTD (REGISTERED NUMBER: 14655136)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024 1,248
Disposals (1,248 )
At 28 February 2025 -
DEPRECIATION
At 1 March 2024 25
Eliminated on disposal (25 )
At 28 February 2025 -
NET BOOK VALUE
At 28 February 2025 -
At 29 February 2024 1,223

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Directors' current accounts 25,458 4,918
Accrued expenses 882 1,680
26,340 6,598

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 29.2.24
value: £    £   
1 A Ordinary £1 1 1
1 B Ordinary £1 1 1
2 2

8. RESERVES
Retained
earnings
£   

At 1 March 2024 28,875
Deficit for the year (7,112 )
Dividends (21,763 )
At 28 February 2025 -

9. RELATED PARTY DISCLOSURES

As at the balance sheet date, included in creditors due within one year is £25,458 (2024: £4,918), due and payable to the directors. The amount is interest free and repayable on demand.