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Company Registration No. 10284550 (England and Wales)
Smtejani Ltd Filleted accounts for the year ended 31 July 2024
Smtejani Ltd Filleted accounts Contents
Page
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Smtejani Ltd Company Information for the year ended 31 July 2024
Director
Dr Shabbir Tejani
Company Number
10284550 (England and Wales)
Registered Office
71 Sandhills Avenue Leicester LE5 1QN
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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Smtejani Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,036 
22,073 
Investments
1 
1 
11,037 
22,074 
Current assets
Debtors
360,015 
305,591 
Cash at bank and in hand
34,717 
53,357 
394,732 
358,948 
Creditors: amounts falling due within one year
(38,072)
(48,198)
Net current assets
356,660 
310,750 
Total assets less current liabilities
367,697 
332,824 
Creditors: amounts falling due after more than one year
(13,972)
(18,975)
Net assets
353,725 
313,849 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
353,625 
313,749 
Shareholders' funds
353,725 
313,849 
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 April 2025 and were signed on its behalf by
Dr Shabbir Tejani Director Company Registration No. 10284550
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Smtejani Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Smtejani Ltd is a private company, limited by shares, registered in England and Wales, registration number 10284550. The registered office is 71 Sandhills Avenue, Leicester, LE5 1QN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Investments
Investments in shares are included at fair value.
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Smtejani Ltd Notes to the Accounts for the year ended 31 July 2024
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 August 2023
55,184 
At 31 July 2024
55,184 
Depreciation
At 1 August 2023
33,111 
Charge for the year
11,037 
At 31 July 2024
44,148 
Net book value
At 31 July 2024
11,036 
At 31 July 2023
22,073 
5
Investments
Other investments 
£ 
Valuation at 1 August 2023
1 
Valuation at 31 July 2024
1 
GRMC Leicester Limited
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
75,625 
89,625 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
284,390 
215,966 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
7,135 
19,303 
Other creditors
29,996 
27,995 
Accruals
941 
900 
38,072 
48,198 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,972 
18,975 
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Smtejani Ltd Notes to the Accounts for the year ended 31 July 2024
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
50 A Ordinary shares of £1 each
50 
50 
50 B Ordinary shares of £1 each
50 
50 
100 
100 
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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