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Company Registration No. 07761666 (England and Wales)
Smart-Sure Ltd Unaudited accounts for the year ended 31 May 2024
Smart-Sure Ltd Unaudited accounts Contents
Page
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Smart-Sure Ltd Company Information for the year ended 31 May 2024
Directors
Mohammed Niraz Buhari Kumar Chetan Mankar
Company Number
07761666 (England and Wales)
Registered Office
ASHLEY COURT 32 MAIN STREET ASHLEY MARKET HARBOROUGH LEICESTERSHIRE LE16 8HF UNITED KINGDOM
Accountants
Master Accounting Limited The Stables, Ashley Court 32 Main Street, Ashley Market Harborough Leicestershire LE16 8HF
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Smart-Sure Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,086,068 
1,361,714 
Tangible assets
- 
904 
Investments
- 
35,733 
1,086,068 
1,398,351 
Current assets
Debtors
1,598,944 
1,612,233 
Cash at bank and in hand
137,901 
90,667 
1,736,845 
1,702,900 
Creditors: amounts falling due within one year
(301,046)
(544,715)
Net current assets
1,435,799 
1,158,185 
Total assets less current liabilities
2,521,867 
2,556,536 
Creditors: amounts falling due after more than one year
(1,211,281)
(988,854)
Net assets
1,310,586 
1,567,682 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
1,079,068 
1,354,714 
Profit and loss account
231,418 
212,868 
Shareholders' funds
1,310,586 
1,567,682 
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 16 May 2025 and were signed on its behalf by
Mohammed Niraz Buhari Director Company Registration No. 07761666
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Smart-Sure Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Smart-Sure Ltd is a private company, limited by shares, registered in England and Wales, registration number 07761666. The registered office is ASHLEY COURT 32 MAIN STREET, ASHLEY, MARKET HARBOROUGH, LEICESTERSHIRE, LE16 8HF, UNITED KINGDOM.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% - Straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 June 2023
1,361,714 
Revaluations
(275,646)
At 31 May 2024
1,086,068 
Amortisation
At 1 June 2023
- 
At 31 May 2024
- 
Net book value
At 31 May 2024
1,086,068 
At 31 May 2023
1,361,714 
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Smart-Sure Ltd Notes to the Accounts for the year ended 31 May 2024
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2023
8,114 
At 31 May 2024
8,114 
Depreciation
At 1 June 2023
7,210 
Charge for the year
904 
At 31 May 2024
8,114 
Net book value
At 31 May 2024
- 
At 31 May 2023
904 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 June 2023
35,733 
Disposals
(35,733)
Valuation at 31 May 2024
- 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
498,567 
1,396,652 
Other debtors
1,100,377 
215,581 
1,598,944 
1,612,233 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
23,394 
51,117 
Amounts owed to group undertakings and other participating interests
217,192 
415,692 
Taxes and social security
45,087 
60,756 
Other creditors
15,373 
17,150 
301,046 
544,715 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
44,759 
68,153 
Trade creditors
1,166,522 
920,701 
1,211,281 
988,854 
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Smart-Sure Ltd Notes to the Accounts for the year ended 31 May 2024
10
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
11
Average number of employees
During the year the average number of employees was 8 (2023: 9).
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