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
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
Smart-Sure Ltd
Statement of financial position
as at 31 May 2024
Intangible assets
1,086,068
1,361,714
Debtors
1,598,944
1,612,233
Cash at bank and in hand
137,901
90,667
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
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
Smart-Sure Ltd
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 (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
Smart-Sure Ltd
Notes to the Accounts
for the year ended 31 May 2024
5
Tangible fixed assets
Computer equipment
6
Investments
Subsidiary undertakings
Valuation at 1 June 2023
35,733
Valuation at 31 May 2024
-
Amounts falling due within one year
Amounts due from group undertakings etc.
498,567
1,396,652
Other debtors
1,100,377
215,581
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
9
Creditors: amounts falling due after more than one year
2024
2023
Trade creditors
1,166,522
920,701
Smart-Sure Ltd
Notes to the Accounts
for the year ended 31 May 2024
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).