IRIS Accounts Production v25.1.0.734 12174150 director 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh121741502023-08-31121741502024-08-31121741502023-09-012024-08-31121741502022-08-31121741502022-09-012023-08-31121741502023-08-3112174150ns15:EnglandWales2023-09-012024-08-3112174150ns14:PoundSterling2023-09-012024-08-3112174150ns10:Director12023-09-012024-08-3112174150ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3112174150ns10:SmallEntities2023-09-012024-08-3112174150ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3112174150ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3112174150ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3112174150ns10:FullAccounts2023-09-012024-08-3112174150ns10:CompanySecretary12023-09-012024-08-3112174150ns10:RegisteredOffice2023-09-012024-08-3112174150ns5:CurrentFinancialInstruments2023-08-3112174150ns5:CurrentFinancialInstruments2024-08-3112174150ns5:Non-currentFinancialInstruments2023-08-3112174150ns5:Non-currentFinancialInstruments2024-08-3112174150ns5:ShareCapital2023-08-3112174150ns5:ShareCapital2024-08-3112174150ns5:RetainedEarningsAccumulatedLosses2023-08-3112174150ns5:RetainedEarningsAccumulatedLosses2024-08-3112174150ns5:PlantMachinery2023-09-012024-08-3112174150ns5:PlantMachinery2024-08-31
REGISTERED NUMBER: 12174150 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

M E Smart Ltd

M E Smart Ltd (Registered number: 12174150)






Contents of the Financial Statements
for the year ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M E Smart Ltd

Company Information
for the year ended 31 August 2024







DIRECTOR: M E Smart





SECRETARY:





REGISTERED OFFICE: 20-22 Wenlock Road
London
N1 7GU





REGISTERED NUMBER: 12174150 (England and Wales)





ACCOUNTANTS: Foubister & Bain
4 Broad Street
Kirkwall
Orkney
KW15 1NX

M E Smart Ltd (Registered number: 12174150)

Balance Sheet
31 August 2024

2023 2024
£    £    Notes £   
FIXED ASSETS
- Tangible assets 4 449

CURRENT ASSETS
8,074 Cash at bank 26,175

CREDITORS
3,219 Amounts falling due within one year 5 4,676
4,855 NET CURRENT ASSETS 21,499

4,855
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,948

CREDITORS

10,549
Amounts falling due after more than one
year

6

8,120
(5,694 ) NET ASSETS/(LIABILITIES) 13,828

CAPITAL AND RESERVES
1 Called up share capital 1
(5,695 ) Retained earnings 13,827
(5,694 ) SHAREHOLDERS' FUNDS 13,828

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

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

M E Smart Ltd (Registered number: 12174150)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 November 2024 and were signed by:





M E Smart - Director


M E Smart Ltd (Registered number: 12174150)

Notes to the Financial Statements
for the year ended 31 August 2024

1. STATUTORY INFORMATION

M E Smart 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.

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.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 449
At 31 August 2024 449
NET BOOK VALUE
At 31 August 2024 449

M E Smart Ltd (Registered number: 12174150)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 528 528
Other creditors 4,148 2,691
4,676 3,219

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 8,120 10,549